Exhibit Columbus and partners select design finalists for Indy development

INDIANAPOLIS — Ambrose Property Group, in partnership with Central Indiana Community Foundation and Exhibit Columbus, has announced three finalists for the Waterside Design Competition, a large-scale effort to transform key components of Waterside, the 100-acre-plus former General Motors Stamping Plant in Indianapolis.

The site is situated in downtown Indianapolis along the White River and across from Lucas Oil Stadium. This competition will focus on the adaptive reuse of the Albert Kahn-designed “Crane Bay,” as well as creating a connection between this area and the urban core Indianapolis.

The project will kick off redevelopment at the site, starting what is estimated to be a 15-year, $1.38-billion investment aimed at transforming a critically-important area of the city.

For more on this story, see Thursday’s Republic.