Circle Centre Development Co News Today

Wisconsin-based developer Hendricks Commercial Properties group first announced in late 2023 a deal to buy most of the mall.

Gameplay at Circle Centre Mall’s Video Game Palooza Charity Arcade is helping to fund scholarships for Hope Training Academy.

The Circle Centre Mall, one of Indianas highest-profile malls, will undergo a major transformation under new ownership.

The mall redevelopment is not the largest downtown project in terms of cost. But it will elevate a vast and critical piece of real estate as more than $9 billion in other downtown projects are slated to come to completion over the next decade.

A developer struck a deal to buy Circle Centre Mall for an undisclosed amount

Whoever is elected mayor will have to tackle the challenges of a decrease in office workers, an increase in homelessness and crime, and the continued decline of Circle Centre Mall.

It’s no secret that the city has a huge problem. Here, a tour of what’s working, what’s not, and what will be in the future of downtown Indy.

Rates increases reflect inflationary pressures in labor and maintenance costs as well evolving function of the mall.

The nation’s biggest mall owner, Simon Property Group, has sold its share of the struggling Circle Centre Mall, a development that was credited with helping spark downtown Indianapolis' revitalization in the 1990s.

Deal to buyout Simon Property Groups share in downtown mall closed in late December.