Pittman Partners Files Plans for $90M Mixed-Use Hub in Zionsville
Pittman Partners LLC is planning a $90 million commercial and residential hub in Zionsville, the Indianapolis Business Journal reports.
Called The Farm at Zionsville, the mixed-use venture will be built on a 62-acre parcel of farmland located at the southwest corner of Michigan Road and Sycamore Street. The proposed development consists of 122,000 square feet of retail space anchored by a specialty grocery store, restaurants, offices, 400 multifamily residential units and six single-family estates. Brent Davis of CSO Architects is in charge with the project’s design.
Developer Steve Pittman, whose family has owned the land for more than 30 years, told the newspaper that he and his brother, Chad, wanted to build something appealing to both retailers and residents.
“We want to create a place people want to come to,” he said. “Not just for dinner or shopping, but to hang out with the family.”
Zionsville’s Plan Commission is expected to review the developer’s proposal on June 17. If approved, the project will go before the Town Council for a final review.
It remains to be seen whether the housing units within The Farm at Zionsville will be rental, owner-occupied or both. According to Phoenix-based Applied Economics, the project is expected to be built within three to five years, support 480 jobs and 550 residents.
Photo credits: Pittman Partners LLC/CSO Architects
Tags: Development, economy, leasing, multi-family, Policy, retail, single-family