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Retail Projects in Indianapolis–Carmel

Live retail construction across the Indianapolis–Carmel metro. Tracking updates and building permits for 2 projects, last updated 8 days ago.

Active projects, recently updated

Projects recently announced, in planning, design, or under construction. 2 projects across 1 metro, last updated 8 days ago.

Planning
The Fashion Mall at Keystone
100K SF retail center at 8702 Keystone Crossing in Indianapolis, Indiana, developed by Simon Property.
  • 8702 Keystone Crossing, Indianapolis, Indiana
  • 100,000 SF
  • Retail · New construction
  • Simon Property · developer
Updated May 27, 2026 · 9:52 AM
Planning
Stella House Books & Cafe
Retail center in Carmel, Indiana.
  • Carmel, Indiana
  • Retail · New construction
Updated May 27, 2026 · 9:52 AM

Retail headlines this week

9 updates to 10 projects across 1 metro, last updated 9 days ago.

May 27, 2026

Eastern Star Church Purchases Former Martin University Campus for Expansion Project

Eastern Star Church purchased the shuttered Martin University campus in Indianapolis on May 8 as part of its community development project, the ROCK Initiative.

Indianapolis–Carmel, IN
May 26, 2026

Keystone Group to Renovate 378-Room Sheraton Indianapolis for Renaissance Conversion

Keystone Group acquires the 378-room Sheraton Indianapolis City Centre at 31 W. Ohio Street with plans for a major conversion into the Renaissance Indianapolis.

Indianapolis–Carmel, IN
May 22, 2026

MAG Capital Partners Closes 133K SF Indianapolis Cold Storage Sale-Leaseback Deal

MAG Capital Partners acquires two Indianapolis cold storage facilities totaling 132,914 square feet from FreshEdge in a sale-leaseback transaction.

Indianapolis–Carmel, IN

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