W. 225 North
- Zoned IC- Interstate Commercial PUD Zoning
- Minimum Lot Size 40,000 SF
- Developed | Pad Ready
- Master Storm Water Drainage System
- Located in highly developed area minutes from Indianapolis
Property Description
Highly visible, these 14 acres of developed land have become known as the “Hospitality Loop” of Hancock Gateway Park. Located only 15 minutes from Downtown, Indianapolis at the intersection of Mt. Comfort Road and I-70, in the fastest growing county in the State of Indiana, the Hospitality Loop is perfectly situated for restaurants and retail users. Started in 2019, this sprawling, mixed-use community is quickly becoming the standard for future development in Western Hancock County having a projected future assessed value of $500M. Developed by Hancock Regional Hospital, a 20 acre medical campus anchors the mixed used community. Lying within the medical campus is the soon to be expanded, Gateway Clinic which offers labs, diagnostic imaging and immediate care while the future will bring a second hospital for Hancock Health which began in 1950. Since 2020, various other uses have been established in HGP, such as the aging-in-place campus Randall Residence, Starbucks, Five-Star Dental and Riley Crossing, the initial phase of a 1,200 unit mixed use development. Soon to be started is the Hancock Conference Center, a 26,000 SF, full service banquet event center, which will be joined to a Hilton Garden Inn and Home2Suites dual hotel. The Hospitality Loop is centrally located along the Mt. Comfort Corridor which is fed by two quickly growing communities: on the north by the McCordsville | Geist region and on the south by New Palestine|Sugar Creek Township. The Mt. Comfort Corridor has recently experienced over $1Billion in new investment creating over 3,700 jobs. Projections are the corridor will see a growth of 14,000 housing units over the next 10 years.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 14.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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