During the past year, the Zionsville Redevelopment Commission closed on four properties and anticipates closing a fifth in the Creekside Corporate Park commercial development area, negotiated a development package for 420 Main St. — a vacant lot formerly the site of a Citgo — and completed the first phase of the community’s hotel market analysis.
Deputy Mayor Justin Hage recently presented a summary of the commission’s accomplishments to the Zionsville City Council, noting construction is ongoing on one of the Creekside projects — Frooz Vision LLC’s new multitenant medical office building.
“Frooz Vision is going to be an ophthalmology and … eye surgery center,” Hage said. “Construction is well underway and I think that is in the framing process. I think we’ll see the opening of that in 2026.”
The project is on 5.68 acres of Creekside Corporate Park, 106th Street off Zionsville Road. The property is a “conservation” office park for corporate headquarters and office buildings, according to the town’s website. About 38 percent of the property is preserved as woodlands, with 42 acres designated for low impact development.
Other new developments at Creekside include:
* Crider & Crider office headquarters on 2.49 acres. The site is being cleared and graded for construction.
* A new headquarters for Exclusive Autosports, a professional racing team in Indianapolis that operates teams in the USF Pro Championships. The 3.35-acre site was two lots and has been replatted to combine them into one developable lot.
* Intelligent Living Solutions, a multitenant building on 2.09 acres. Developers broke ground on the project in December.
* Jaffe Realty’s planned multitenant medical and general office building, a 20,000-square-foot, two-story building. The commission expects to close the sale of the lot in 2026.
Creekside lots were acquired by the town and a PUD for the park was first approved in 2015. The property includes a nature trail that connects to the Village. Since 2015, other lots within Creekside were purchased and developed by Group 1001, DK Pierce, Graham Rahal Performance, Rahal Letterman Lanigan and Ducati.
In addition to its Creekside development plans, Jaffe Realty also is working with the commission on plans for the former Citgo lot downtown. The mixed-use project is planned on a 2.4-acre lot at 420 S. Main St. on the southwest corner of Main and Sycamore streets. Plans for the two-story building call for a fine-dining restaurant space on the first level, along with office space and an outdoor patio.
The commission approved a Letter of Intent to move forward with the proposed development. Depending on the progress of planned road and utility work, it could be built sometime in 2027.
In his presentation, Hage highlighted the town’s hotel study, conducted by consultant Hunden Partners.
“I think this is an exciting opportunity for developers and landowners to think about options for hotels in our town,” Hage told the council. “This really gave an overview of, essentially, the market drivers of demand, what the existing supply is, and gave some general recommendations related to options. The … recommendations were an upscale boutique hotel in the range of about 80 to 120 rooms. And, I think one really important part that also came from that — and I think we all probably know this — is there’s a lack of meeting space here in the Town of Zionsville.”
The study highlighted the town’s growth over the last 10 years and its expected continued growth, along with commercial demand linked to the Indianapolis Executive Airport, local events, sports tourism and proximity to major business corridors. Consultants provided three options for officials to consider. The first is an 80-room hotel with about 7,000 square feet of function space — ballroom and meeting space combined. The second calls for 100 rooms and 8,500 square feet of function space; and the third calls for 120 rooms and 10,000 square feet of function space.
Zionsville currently has one hotel — the eight-room Brick Street Inn in the Village.
The next phase involves working with developers to identify potential hotel projects.
About the Zionsville Redevelopment Commission
The Zionsville Redevelopment Commission investigates areas appropriate for redevelopment and implements plans to help develop those areas. The commission selects and purchases land for economic development and oversees local tax increment finance districts.
The six-member commission comprises three members appointed by the mayor, two appointed by the Town Council and one nonvoting member from the school board, also appointed by the mayor. The commission generally meets at 9 a.m. the third Monday of the month, with the exception of official holidays.
For more, visit zionsville-in.gov/321/Economic-Redevelopment-Commission.
Related posts:
Zionsville hotel study shows need for rooms, meeting space On the horizon: Major redevelopment announcements, parks improvements expected in 2026 Spreading its wings: Indianapolis Executive Airport in negotiations to add U.S. customs office Looking Ahead: Parks, road projects & infrastructure on deck for Zionsville in ’26 Zionsville commission OKs plans for Citgo lot Building for the future: Parks, road projects & infrastructure on deck for Zionsville in ’26
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