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Midwest

Spring Mill Station

SWC Spring Mill Rd & W 161st St, Westfield, Indiana

Project Type

Retail

Project Size

9 acres

Status

Pipeline

MSA

Indianapolis

About the market

Space Available

Located on the southwest corner of 161st St and Spring Mill Road, this future mixed-use development is well-situated to serve the residential and retail needs of Westfield, a growing suburban market outside of Indianapolis. The new development will consist of 240 new apartment units as well as retail, PADs, and shop space. The signalized intersection shares a retail corridor with newly opened CVS Pharmacy, Kroger, Starbucks, Snap Fitness, and more.

Westfield is a suburb of Indianapolis with a population of over 37,700 people. Westfield is in Hamilton County and is one of the best places to live in Indiana. Living in Westfield offers residents a sparse suburban feel, and most residents own their homes. In Westfield, there are a lot of coffee shops and parks. Many families and young professionals live in Westfield, and residents tend to lean conservative. The public schools in Westfield are highly rated.

Demographics are impressive in this market, making Spring Mill Station's a perfect location for new development. Over 49,100 people are living within a 3-mile radius of this planned development with HHI over $124,700. Incomes grow to over $135,500 within a 5-mile radius.


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Demographics

2020 Estimate Population

Radius Total Population Daytime Population
1 mile 8,941 712
3 mile 49,124 16,010
5 mile 111,663 62,581

2020 Estimated Household Income

Radius Average HHI Median HHI
1 mile $110,287 $102,002
3 mile $124,763 $108,411
5 mile $135,552 $108,733

Contact Us

Looking for a great location or space? We want to hear from you.

Our team is available to answer your questions or direct you to the correct contact for your development needs. Please fill out the form below and we will be happy to assist you.

Brandon Borah

Brandon Borah

Director, Retail Sales & Leasing

317-853-5488