Development projects on Indy’s near east side

The city’s near east side is expected to look very different within the next 10 years.

INDY_Ford Building redevlopment_Google street view

The Ford Building at 1315 E. Washington St. has been around since 1914.

Screenshot via Google Maps Street View

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The future is looking bright for the near east side of Indianapolis.

We’re breaking down some of the development plans in the works for this side of downtown.

INDY_Elevator Hill development map_NOV2022

The former Angie’s List campus spans 13.5 acres on the city’s near east side.

Photo by 1820 Ventures + DKGR

Elevator Hill

What used to be the Angie’s List campus, which vacated in 2017, is now known as Elevator Hill. This 13.5-acre property is a collection of industrial space, historic buildings, parking lots, and homes. This is an ongoing project that is expected to span over 10 years and take up to $250 million to complete.

The firm leading the redevelopment project, 1820 Ventures, has a goal of reconnecting this area with the newly reopened Market Street with planned projects ranging from retail to housing to education.

Most recent plans called for:

  • Up to 375,000 sqft of office space
  • New neighborhood retail amenities
  • Up to 500 units of multifamily housing + more than 20 units of single-family housing
  • Parking garages containing at least 1,500 spaces
  • Extensive street improvements

This project aims to be another premiere mixed-use district. Think Bottleworks.

INDY_Ford Assembly redevelopment_NOV2022

A six-story mixed-use project has been proposed just east of the Ford Assembly redevelopment.

Photo by TWG Development

Ford Building

Now, we’re looking at the old Ford Building at 1315 E. Washington St. This site used to be an automobile assembly plant, a battery manufacturing site, and a storage facility in Indy’s Holy Cross neighborhood.

In addition to TWG Development’s Ford Assembly redevelopment, it recently proposed a six-story mixed-use project just east of the Ford Building (where Ash & Elm Cider Co. Restaurant and the Assembly Apartments sit). Although the housing complex has characteristics of upscale housing, TWG is focusing the Ford Building on providing affordable housing with apartments for less than Marion County’s standard market rate.

The next piece to this project looks to be a similar concept with retail or office space on the ground level and residential above. We’ll be sure to keep you updated as we learn more.

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