Greenstreet Ltd. — Development, Brokerage, Consulting

Speedway

Speedway’s comeback: Food + drink at full throttle

Across from Indianapolis Motor Speedway, tiny downtown Speedway seems sleepy by comparison. But listen closely and you hear a gathering buzz. Read more…

Sarah Fisher to open indoor karting track in Speedway

John Russell, Indystar.com April 30, 2015

Indianapolis 500 team owner Sarah Fisher plans to open 60,000 square foot indoor karting track in Speedway for public use next year.

The 14-turn road course will be located at 1067 Main St. under the name Speedway Indoor Karting. The facility will include multiple elevation changes and a banked oval that will be sunk into the floor. Read more…

Speedway exploring new 125-room hotel for Turn 2

March 26, 2015
IBJ.com
Scott Olson
The Indianapolis Motor Speedway wants to build a 125-room hotel with apartments and a restaurant along Turn 2 of the track.Local developer Browning Investments Inc., on behalf of the IMS, put out requests for proposals, which were due March 20. (The image below is just a mockup for the RFP; the eventual project likley would look different.)

How much interest the RFP generated from developers, or what timing might be for construction, is unclear. IMS President Doug Boles declined to discuss specifics.
Speedway_Hotel_Browning_225px Read more…

Dallara sees Indy operations as springboard for U.S. expansion

Anthony Schoettle

September 21, 2013

Dallara is preparing to install a $5 million automobile simulator in its Speedway plant—a move that could fuel the company’s plan to dramatically grow its local operation.

The Italian company opened in April last year in a state-of-the-art facility along Main Street in Speedway primarily to serve the IndyCar Series after winning a contract to provide a new chassis that debuted in 2012.

Read more…

Dealmaking, construction picking up on Speedway’s Main Street

Tom Harton, Indianapolis Business Journal

July 17, 2012

The restaurant Dawson’s on Main last month bought the building on Main Street in Speedway it has leased since 2006, a vote of confidence in the retail strip that the Speedway Redevelopment Commission would like to see repeated as it continues to nurture development there.

The six-block stretch just outside the front door of the historic Indianapolis Motor Speedway was desolate when the redevelopment commission was formed by the town of Speedway in June 2005.
Read more…