Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
Officials are scheduled to break ground Thursday afternoon on a more than $70 million mixed-use development in the Broad Ripple neighborhood in Indianapolis.
Known as Versa, the project will include more than 230 apartments, a 245-space parking garage, and 3,600 square feet of ground-floor retail space.
The development is being built on the site of a former Kroger store at 6220 Guilford Avenue, just off of Broad Ripple’s main strip.
The project is being developed by Milhaus LLC, Gershman Partners Inc. and Citimark Inc., all local developers. IBJ first reported in December 2021 that plans were in place to redevelop the site, but details weren’t released until March 2022.
Versa will also feature a lounge and clubhouse that will include a game room, fitness center, conference rooms and a coworking space. The retail space will also feature an outdoor patio.
“We are eager to capture Broad Ripple’s authentic character throughout the interior and exterior design of the property while also bringing key amenities to the area,” Milhaus Vice President of Development Brad Vogelsmeier said in a news release. “Versa will be the first Class-A development in Broad Ripple with a full amenity package, including a pool and aqua lounge. We are thrilled for Versa to become a legacy asset in one of the best submarkets in Indy.”
As part of the project, the developers plan to enhance sidewalks and improve streetscape design elements around the development.
Construction is expected to be complete in 2024.
Please enable JavaScript to view this content.
Looks overwhelming for that neighborhood, and especially that particular spot, though I know that opinion may seem parochial to some. Wonder how much city incentives they got? Then trace back how much these developers gave in political contributions. Wonder how well these will sell if the police can’t tamp down the occasional shootings just 200 feet from the site.
I wonder if the glass will be Bullet Proof. Seem like of late, they are going to need it.
Just what Broad Ripple needs — more apartments!!!! Better stop the shootings first.
Another nail in the coffin of what was once the Village of Broad Ripple. It had so much character and charm. I was a small boy living on Haverford and remember my mother pushing a stroller along 62nd St. The train engine was still in Broad Ripple Park in those days and we used to play on it. Wow…that was a long time ago!!
Another affront to what was once the Village of Broad Ripple. It had so much character and charm. I was a small boy living on Haverford and remember my mother pushing a stroller along 62nd St. The train engine was still in Broad Ripple Park in those days and we used to play on it. Wow…that was a long time ago!!
Things don’t remain the same. Yes, there have been shootings, but please identify any major city where shootings do not occur.
One might note that recent mass shootings have not been in major cities by the way; shooting may take place anywhere.
Certainly the project is not for everyone.
Looks like a normal project for a city. And if one is familiar with peer cities across the nation, many much more pleasant and progressive and attractive for growth than Indy, the scale of this project is typical and not unusual.
I think this looks great. Varying heights and facade colors throughout. Bring it on! BR needs more development like this. The proposed new office buildings look great as well. You don’t like it, move up to Disneyland in Hamilton County. Indy just trying to keep up with so many peer cities that are passing us up.
Yes, often times communities that survive have to grow and evolve. Indianapolis and Mayor Hogsett have been gentrifying central Indianapolis, pushing people out into communities with food deserts and lack of public transportation. They may be “beautifying” Indianapolis, but they have been avoiding creating or improving programs to help our communities.
No he’s not,he’s doing a fantastic job. Everybody knows it.
Blah blah blah. Move to a suburban county already.
Great project, implies confidence in the economics of the area, will make properties on the strip worth more. If these folks are willing to invest the capital, take the risk I will welcome it, personally.
Excellent point. SPOT-ON accurate.
It is really sad ! These comments on shootings like it is just the norm we must live with these days .
incentives drives tax base increases, building new to add density supports all businesses and infrastructure. long overdue for a “dead” spot in BR that’s not generating anything but problems (and barely nostalgia)