Transformational neighborhood development coming to the heart of Fort Ben

Keystone Group to invest approximately $70 million dollars for a five-story mixed-use development with retail and high-end apartments on the 56th street corridor

LAWRENCE, IN – Indianapolis-based Keystone Group along with the City of Lawrence Mayor’s Office and the Fort Harrison Reuse Authority (FHRA) will be partnering to bring approximately $70 million mixed-use development to Lawrence. This facility includes 248 luxury apartments with amenities as well as 25,000 square feet of retail space. Located at the corner of 56th Street between Lawrence Village Parkway and Melner Drive it will be in the heart of Fort Ben.

The Common Council’s unanimous approval followed a recommendation from the city’s Redevelopment Commission to bring the project to Lawrence.

“As a leader of developing transformational neighborhood mixed-use projects, Keystone Group is excited to bring this new development with elevated retail options and high-end multi-family apartments that will complete the live, work, play vision for the 56th street corridor enhancing opportunities for the residents and many growing businesses in the community,” stated Ersal Ozdemir, Chairman of Keystone Group. “We want to thank Mayor Collier and the Lawrence City Council as well as the Fort Harrison Reuse Authority for their support of the project and look forward to working with them and other community partners as we become part of the neighborhood.”

“We are delighted to have Keystone Group as part of the Lawrence community. The addition of this mixed-use development will bring new businesses and restaurants to Lawrence for our residents and visitors to enjoy while helping meet the housing needs in our growing city,” stated Mayor Steve Collier.

“The Keystone Group's project will be the most ambitious private undertaking that the City of Lawrence has ever seen,” shared Jeff Vest, FHRA President. “The goal for this project is what the FHRA envisioned when the board was created in 1995 and will anchor the final portions, of the former military base, remaining to be developed.”

Construction of this project is scheduled to begin mid to late 2023.

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2 Planning Projects in Lawrence receive funding

Today, the Indianapolis Metropolitan Planning Organization (IMPO) awarded $75,000 grants for planning projects in Fishers, Greenfield, Indianapolis and Lawrence.

The funding comes from federal planning dollars, which the IMPO offered to communities to identify and plan for future needs. Once needs are pinpointed and plans are developed, the grantee can find additional public and private financial resources.

“Funding opportunities like this one are extremely helpful in laying the groundwork for seeking funding for future investments,” said Anna Gremling, executive director of the IMPO.

The Indianapolis MPO is responsible for planning and programming federal transportation funds for highways, transit, non-motorized transportation and other means of moving people and goods in an eight-county Central Indiana region.

In addition, the IMPO also supports Central Indiana governments in other areas including land use, housing, economic development, and water policies.

Each of the following projects will receive a $75,000 grant.

City of Fishers Greenway and Trails Study – The City of Fishers will use its grant to produce a citywide greenways study to identify primary pedestrian routes and priority gaps in the pedestrian network. With the new Nickel Plate Trail and Geist Greenway, city leaders want to expand the Fishers 2040 Bike and Pedestrian Map. 

IndyMoves 2.0 – The City of Indianapolis will update the IndyMoves integrated transportation plan, which incorporates the county’s Pedestrian Plan, Greenways Plan and Thoroughfare Plan, as well as the IMPO’s Regional Freight Plan, Regional Safety Plan and relevant plans and policies. The updated plan will help the city identify capital needs.

Charging Greenfield – The City of Greenfield will study and plan for Electric Vehicle Charging Stations in the community. The plan will provide information needed to pursue public-private partnerships for the infrastructure.

City of Lawrence Capital Improvement Plan & Program – The City of Lawrence will establish a Capital Improvement Plan & Program that prioritizes needed infrastructure projects over 20 years and develops a revenue-constrained list for the first five years of the plan period. 

Charging Lawrence – The City of Lawrence will study and plan for Electric Vehicle Charging Stations in the community. The plan will provide information needed to pursue public-private partnerships for the infrastructure.

MEDIA CONTACT:  Jen Schmits Thomas, 317-441-2487, jen@jtprinc.com

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