Simon Property Group, Inc. (NYSE:SPG) and Gershman Brown & Associates announced today that they will build Hamilton Town Center, a 950,000 ft², open-air, mixed-use center with a 'mainstreet' theme in the heart of Hamilton County, one of the fastest growing areas of the midwest.
Situated between the northside of I-69's Exit 10 interchange and the redesigned 146th Street, Hamilton Town Center will be home to an impressive array of local and nationally recognized retailers and restaurants, providing an unsurpassed selection of goods and services grouped together in a modern, open-air 'mainstreet' environment. Hamilton Town Center, located at the eastern edge of the City of Noblesville's corporate campus, is scheduled to open in fall 2007.
The realigned and widened 146th Street will connect the center to the rapidly developing communities of Noblesville, Fishers, and Carmel. Expansion of this heavily traveled route is to begin in spring 2006 with completion slated prior to the scheduled opening.
"Hamilton Town Center is going to be a terrific project," said Thomas J. Schneider, executive vice president of development at Simon. "It comes equipped with everything that Simon and Gershman Brown & Associates could ask for a fantastic site in the heart of Hamilton County, a great trade area from which to draw, and a wonderful design concept that represents our best thinking of what a unique "mainstreet" regional center should be."
"We believe that Simon is the preeminent retail developer in the United States and we are very pleased to be partnering with them on this exciting project," said Tom Crowley, Gershman Brown & Associates' COO. "This is a unique opportunity for the City of Noblesville and Hamilton County to establish itself as a retail destination for upscale tenants and an opportunity to serve a large portion of the Indianapolis metropolitan market."