Carmel-based Old Town Design Group says it plans to build a $25 million project with apartments and shops in downtown Westfield near the site of the future Grand Junction Plaza. The project would include retail shops, restaurants, apartments and condominiums.
CEO Justin Moffett told IndyStar the company plans to gather feedback from residents in the upcoming months before creating the project’s master plan.
“Based on what we’ve heard from community leaders and stakeholders, the project will have smaller scale buildings,” Moffett said. “Parking is also important, so we’ll plan for a parking garage and surface lot that could also be used for the plaza.”
He said work on the phased development will begin in the spring of 2020 and will continue over the next three to five years.
Westfield Mayor Andy Cook said this type of private development is a return on the investment the city made after it approved to finance the $35 million Grand Junction Plaza. The six-acre park and plaza will feature greenspace, trails, an amphitheater and an ice-skating rink. Construction will begin this summer.
“The private sector is already responding. I am hopeful to see where this project will go and how it can benefit Westfield,” Cook told IndyStar. “This project will be a unique combination of smaller buildings and distinct architecture.”
Old Town officials plan to continue working with the Downtown Westfield Association, Grand Junction Task Group and residents and host a series of community workshops in July to seek public comment about the development.