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New Construction Spotlight: Downtown Indianapolis Developments

Many are finally starting to catch on to the best kept secret; Indianapolis is one of the best cities to live in. If you’re considering moving to Indianapolis, you’re in luck. There is a wide variety of housing options to choose from and the city is constantly investing in new developments. Whether you’re looking for a house, condo, or apartment, Indianapolis properties are highly desirable in any market – especially today’s. Read on to learn more about the latest downtown developments in Indianapolis, Indiana. 

If you’re looking to find your dream Indianapolis home, look no further. Contact the Central Indiana real estate agents at CENTURY 21 Scheetz today.

Lafayette Square Mall/Window to the World
One of the more interesting developments in the city, investment company Sojos Capital announced plans for a $200 million renovation of the Lafayette Square Mall to convert the area into a mixed-use community of housing, shopping, dining, and entertainment. Plans include the construction of 200 apartments, retail spaces, parks, and more. This planned neighborhood, dubbed “Window to the World”, will rejuvenate the area and the mall itself that has declined in popularity in recent years. It will also provide lots of housing options to satisfy the rising demand in Indy. This is definitely a development to keep your eyes open for as these are sure to be some of the best apartments in Indianapolis. 

Block 20
With pre-leasing beginning in August of 2022, it is safe to say that there is a lot of anticipation for Block 20, the new mixed-use development in Downtown Indy. Though still under construction, Block 20 is set to include 78 apartments, a private clubhouse, luxury amenities, and retail space. Developers designed Block 20 with all the needs and desires of its residents in mind; not only are restaurants and stores located on its first floor, but Block 20 is conveniently located in a bustling neighborhood with everything one could need just a few blocks away. If you’re looking to live in one of the most innovative apartment buildings in Indianapolis, Block 20 is for you. At the center of everything going on in Indy, you are sure to love it here. 

The Stutz
A historic automobile factory, The Stutz is one of Indianapolis’ many iconic buildings. Constructed in 1912, The Stutz Motor Company operated the factory until 1934, assembling vehicles there for over 20 years. Today, developers SomeraRoad Inc. have begun their latest project: renovating the factory into a modern mixed-use development. Initial plans include: building a Stutz museum, creating office, retail and restaurant space, event areas, and more. Though still in the early stages of development, the new-and-improved facility will bring a breath of fresh air into the area. 

Indianapolis is like no other city in the world! Not only do our communities enjoy the friendly, “small town” atmosphere while in a big city, Indianapolis is constantly developing new and innovative spaces to live, work and play in. If you would like to learn more about what it’s like to live in Indianapolis, contact the Central Indiana real estate agents at CENTURY 21 Scheetz today. 

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