Hancock Gateway Park

W. 225 North | Greenfield, IN 46140

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Property Details

Sale Price:Contact Broker
Property Type:Land
Lot Size:14 Acres

Property Description

Highly visible, these 14 acres of developed land have become known as the “Hospitality Loop” of Hancock Gateway Park. Located only 15 minutes from Downtown, Indianapolis at the intersection of Mt. Comfort Road and I-70, in the fastest growing county in the State of Indiana, the Hospitality Loop is perfectly situated for restaurants and retail users. Started in 2019, this sprawling, mixed-use community is quickly becoming the standard for future development in Western Hancock County having a projected future assessed value of $500M. Developed by Hancock Regional Hospital, a 20 acre medical campus anchors the mixed used community. Lying within the medical campus is the soon to be expanded, Gateway Clinic which offers labs, diagnostic imaging and immediate care while the future will bring a second hospital for Hancock Health which began in 1950.

Since 2020, various other uses have been established in HGP, such as the aging-in-place campus Randall Residence, Starbucks, Five-Star Dental and Riley Crossing, the initial phase of a 1,200 unit mixed use development. Soon to be started is the Hancock Conference Center, a 26,000 SF, full service banquet event center, which will be joined to a Hilton Garden Inn and Home2Suites dual hotel. The Hospitality Loop is centrally located along the Mt. Comfort Corridor which is fed by two quickly growing communities: on the north by the McCordsville | Geist region and on the south by New Palestine|Sugar Creek Township. The Mt. Comfort Corridor has recently experienced over $1Billion in new investment creating over 3,700 jobs. Projections are the corridor will see a growth of 14,000 housing units over the next 10 years.

Location Description

Highly visible, these 14 acres of developed land have become known as the “Hospitality Loop” of Hancock Gateway Park. Located only 15 minutes from Downtown, Indianapolis at the intersection of Mt. Comfort Road and I-70, in the fastest growing county in the State of Indiana, the Hospitality Loop is perfectly situated for restaurants and retail users. Started in 2019, this sprawling, mixed-use community is quickly becoming the standard for future development in Western Hancock County having a projected future assessed value of $500M. Developed by Hancock Regional Hospital, a 20 acre medical campus anchors the mixed used community. Lying within the medical campus is the soon to be expanded, Gateway Clinic which offers labs, diagnostic imaging and immediate care while the future will bring a second hospital for Hancock Health which began in 1950.

Since 2020, various other uses have been established in HGP, such as the aging-in-place campus Randall Residence, Starbucks, Five-Star Dental and Riley Crossing, the initial phase of a 1,200 unit mixed use development. Soon to be started is the Hancock Conference Center, a 26,000 SF, full service banquet event center, which will be joined to a Hilton Garden Inn and Home2Suites dual hotel. The Hospitality Loop is centrally located along the Mt. Comfort Corridor which is fed by two quickly growing communities: on the north by the McCordsville | Geist region and on the south by New Palestine|Sugar Creek Township. The Mt. Comfort Corridor has recently experienced over $1Billion in new investment creating over 3,700 jobs. Projections are the corridor will see a growth of 14,000 housing units over the next 10 years.

Highlights

  • Zoned IC- Interstate Commercial PUD Zoning
  • Minimum Lot Size 40,000 SF
  • Developed | Pad Ready
  • Master Storm Water Drainage System
  • Located in highly developed area minutes from Indianapolis

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Size Type Availability
14 Acres Retail Active
5 Miles 10 Miles 15 Miles
Total households 30,734 144,483 369,883
Total population 83,140 368,564 922,668
Population white 40.0% 56.2% 60.7%
Population black 41.6% 27.3% 20.4%
Population hispanic 14.7% 11.1% 10.9%
Population asian 0.9% 2.0% 4.5%
Population pacific islander 0.0% 0.0% 0.0%
Population american indian 0.4% 0.3% 0.4%
Population other 7.9% 5.9% 5.8%
Persons per household 2.7 2.6 2.5
Average household income $86,879 $105,702 $106,053
Average house value $225,807 $291,149 $308,734
Average age 37 39 38
Average age male 35 38 37
Average age female 38 40 39
Demographics data derived from AlphaMap