Nearly an entire block of Fountain Square is up for sale

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

INDIANAPOLIS, Indiana - Pretty much everywhere you look in Fountain Square there is a new business popping up.

“All of the things happening in Fountain Square are very, very positive,” says Craig Von Deylen of Deylen Realty.

Now, there is nearly an entire block for sale just southeast of the busy downtown on Prospect Street. The land is available for $1.5 million.

“There is a lot of people coming over here and no more space,” says Taki Sawi the owner of Santorini Greek Kitchen and also owner of the land.

More than an acre of land is currently occupied by a Mexican restaurant grocery store combo and two homes. Prospect Street, though, doesn’t have as much development as the center of Fountain Square. Residents say it seems to drop off after Virginia and Shelby.

Developers see this as an opportunity, adding new apartments and other commercial businesses.

“It would be great to have someone else come into the community and do another great project,” says Von Deylen.

Developers say the music scene and the fun eclectic atmosphere are drawing businesses and residents from throughout the country.

“It is walkable and bikeable to downtown Indianapolis and it has a cool vibe. It is also is affordable for local businesses to come in and open and local restaurants to open,” says Von Deylen.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.