The Fashion Mall at Keystone

Redevelopment of the former Saks Fifth Avenue department store space into a multi-tenant retail and restaurant destination.

At a glance

What we’ve tracked on this project so far — sourced from planning board agendas, permits, and announcements.

Planning
New construction
Retail
Indianapolis–Carmel metro · Marion County County
100,000 SF
Last updated 8 days ago · May 27, 2026 · 9:52 AM

Companies involved in this project

developer

Simon Property

Project updates

May 13, 2026

Five New Retail and Dining Tenants Set for Former Saks Space at Keystone Fashion Mall

Three retail stores and two restaurants are coming to the former Saks Fifth Avenue space at The Fashion Mall at Keystone in Indianapolis.

Indianapolis–Carmel, IN

More retail projects in Indiana

4 projects, last updated 7 days ago.

Planning

Stella House Books & Cafe

Retail center in Carmel, Indiana.

Carmel, Indiana
Retail · New construction

Updated May 27, 2026 · 9:52 AM

Completed

Maverick

226-unit multifamily community in Greenwood, Indiana.

Greenwood, Indiana
226 units
Multifamily · New construction

Updated May 28, 2026 · 8:03 AM

Planning

BJ's Wholesale Club Portage

Retail center at U.S. 6 in Portage, Indiana, anchored by BJ's Wholesale Club.

U.S. 6, Portage, Indiana
Retail · New construction
BJ's Wholesale Club · tenant

Updated May 27, 2026 · 10:01 AM

Under construction

Pittsboro Commerce Center

500K SF industrial facility at Interstate 74 and N County Road 275 E in Pittsboro, Indiana, developed by Faith Technologies.

Interstate 74 and N County Road 275 E, Pittsboro, Indiana
500,000 SF
Industrial · New construction
Faith Technologies · developer + 1 more

Updated May 27, 2026 · 9:54 AM

More news from Indiana

May 26, 2026

BJ’s Wholesale Club Plans New Portage Warehouse Near U.S. 6

BJ's Wholesale Club plans to open its third Indiana location at a site near Kohl's on U.S. 6 in Portage.

Indiana

May 22, 2026

Ivory Wren & Co. Opens Boutique Retail Space at 2200 Elmwood Ave. in Lafayette

Entrepreneur Kaela Jaeger launches Ivory Wren & Co., a specialized maternity boutique, at 2200 Elmwood Ave. in Lafayette's Market Square.

Lafayette, IN

May 21, 2026

Carmel Owners Propose Demolition of Historic Property for Stella House Books & Cafe Build

Property owners in Carmel seek approval to demolish a 123-year-old house to construct a new building for Stella House Books & Cafe.