Retrofit Atlas

Industrial sites · Indiana

Indianapolis Stamping Plant site

Imported, unreviewedRedevelopedStalledIndianapolis, IN

Stalled 2.2M sq ft industrial site near closed mall; sold to IEDC (2020); housing market shows slight price dip. · summary, model-written

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Site profile5 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
Sold since 2020This site: 2020 Indiana Economic Development Corporation research-deals · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 5 within 10 km computed · all sites with this
Scale
1M+ sq ft GLAThis site: 2,200,000 sq ft newtypes-extraction · all sites with this
Strategy
RedevelopedThis site: record · all sites with this
New use
Mixed useThis site: …new_use field record · all sites with this

All elements and lists · Trends

Now

StatusStalledWikipedia
StrategyRedevelopment, stalledWikipedia
New usesmixedWikipedia
RedeveloperAmbrose Property Groupnewtypes-extraction

Deals and debt

DateEventPricePartiesSource
2020Sold—Indiana Economic Development Corporation ← Ambrose Property GroupWikipedia
2019Sold—Indianapolis Zoo ← Ambrose Property GroupWikipedia
2018Sold—Ambrose Property Group ← RACER TrustWikipedia

Site context

Housing permits, Marion County (IN), 2024621 units in 5+ unit buildings, 32 in 2–4, 1,253 single-family; 2023: 1,457 in 5+Census BPS
Other atlas sites nearby5 within 10 km, 7 within 25 km: Circle Centre Mall (0.2 km); Kahn Tailoring Company building (1.1 km); Lockefield Gardens (1.7 km); Lafayette Square Mall (9.2 km); Lifeline Data Center (9.9 km)computed
Retail trade in the county, 2012 to 20232,856 establishments (-4%); 45,527 jobs (-2%)Census CBP
Housing market in the countytypical home value $227,822 (-1% 1 yr, +20% 5 yr); typical rent $1,379/mo (+2% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)13,766 vehicles a day on ILLINOIS ST (minor arterial, 4 lanes); 412 trucks; 40 counted segmentsFHWA HPMS

Summary, model-written

Indianapolis Stamping Plant site (2.2M sq ft industrial, formerly metals center) was sold by Ambrose Property Group to IEDC (2020) and Indianapolis Zoo (2019). Ambrose acquired it from RACER Trust (2018).

Why. Status is stalled. Strategy is redevelop (mixed use). Housing market shows slight ZHVI decline (-0.8% YoY) but ZORI growth (2.5% YoY).

Where it stands. Adjacent to closed Circle Centre Mall (0.2km). Peer comparisons include Circle Centre Mall (same location) and other stalled redevelopments. No current development plans noted.

For a planner

  • Proximity to closed mall (Circle Centre) and housing market data available.
  • Traffic: 13,766 ADT on minor arterial road (2024).

For a developer

  • Site size (2.2M sq ft) is large. Stalled status unknown. Housing market shows modest price pressure.
  • Peer sites (e.g., Circle Centre) also stalled with 'redevelop' strategy.

What we do not know yet

  • Reason for stalled status unknown.
  • No details on proposed mixed-use plan.
  • Housing market data (ZHVI) shows decline but context unclear.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

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Multifamily screen

  • 2,200,000 sq ft GLA (large site)
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Gross leasable area2,200,000 sq ftnewtypes-extraction
AnchorsGeneral Motors Indianapolis Metals Center
CountyMarion County
Census division3 · East North Central
NotesDraft from Wikipedia, model-extracted, unreviewed: The 103-acre Indianapolis Stamping Plant site, formerly the 2.2-million square-foot General Motors Indianapolis Metals Center, was sold to Ambrose Property Group in March 2018 for a planned mixed-use development along the White River, but the project was later stalled after partial sales to the Indianapolis Zoo and Indiana Economic Development Corporation.

Not yet recorded: acres, year opened, original developer, what is there now, retrofit year. Know it? Tell us.

Timeline

  1. 2018 RACER sold Indianapolis Stamping Plant site to Ambrose Property Group
  2. 2019 Ambrose sold 12 acres to Indianapolis Zoo
  3. 2020 Ambrose sold remaining 91 acres to Indiana Economic Development Corporation

Sources

  • RACER Trust · CC BY-SA 4.0
    4 quoted sentences
    Indianapolis Stamping Plant site
    RACER sold its 103-acre Indianapolis Stamping Plant site in Indianapolis, Indiana to the Ambrose Property Group in March 2018. The property was once home to the 2.2-million square-foot General Motors Indianapolis Metals Center. RACER razed the vast majority of the structures on site prior to selling
    In September 2019, Ambrose sold 12 acres of the property to the neighboring Indianapolis Zoo.
    In November 2020, Ambrose sold the remaining 91 acres of the property to the Indiana Econ

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