Greenstreet Ltd. — Development, Brokerage, Consulting

June 2016

RACER Trust Takes Another Swing at Shopping Stamping Site

Jun 21, 2016

INDIANAPOLIS –The former General Motors Indianapolis Stamping Plant property is once again open for redevelopment proposals. RACER Trust, which is charged with clean-up and marketing efforts for dozens of old GM properties, says a plan from Carmel-based REI Investments that included a 10,000-seat outdoor entertainment venue has been nixed. The trust says the decision to terminate the contract was mutual and it is “prepared to move quickly” on new proposals.

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Purdue picks developer for $1.2B west campus

As Purdue University interviewed potential master planners for a live-work-play, community-within-a-community concept for west campus, bidders at the Indianapolis-based Browning Investments LLC set out to find similar plans for reference. Read more…

Purdue, Indy Developer Partnering on $1.2B Innovation District

Jun 13, 2016
By Dan McGowan

The Purdue Research Foundation has announced details of a proposed $1.2 billion Purdue Innovation District. The 15-20-year project is a partnership with Indianapolis-based Browning Investments LLC. Plans include a hotel and conference center, as well as retail, business, research and industrial space. Officials say the project is spurred largely by the $100 million State Street Project that bridges the West Lafayette Campus to the rest of the city.

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Key 38th Street corridor poised for renewal
June 4, 2016
Scott Olson

A prominent Indianapolis developer is pursuing two projects totaling $32 million that would bring a grocery and 200 apartments to a neglected stretch near the highly traveled intersection of 38th and Meridian streets.
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