New Development Planned for Mass Ave.
555 N. New Jersey St. (wibc.com photo by Mike Wilson)
A new development is coming to the Massachusetts Avenue area of downtown Indianapolis. The 40,000 square feet of retail and 235 apartments are slated to move into what is now a fire house at 555 North New Jersey Street.
Developers say the fire house is great, but it breaks up the experience on Mass Ave. That's why builders are looking to invest $43 million on a property that Mayor Greg Ballard expects to draw people from around the state. Construction on the project will start in 2014.
Meanwhile, the city will look for a new location for the fire station. The nearby fire headquarters will move to former IPS School 97.