REBAR IN THE NEWS

FIRST FARMERS BANK & TRUST ANNOUNCES NEWEST BOARD MEMBER
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FIRST FARMERS BANK & TRUST ANNOUNCES NEWEST BOARD MEMBER

First Farmers Bank & Trust is pleased to announce the appointment of Shelby Bowen to its Board of Directors. With this appointment, Bowen joins a distinguished group of 11 board members who help guide the bank’s strategic vision and long-term success.

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THE ELWOOD IS NOW UNDER CONSTRUCTION ALONG HOFFER CORRIDOR
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THE ELWOOD IS NOW UNDER CONSTRUCTION ALONG HOFFER CORRIDOR

A new mixed-use development planned for the northeast corner of Hoffer and Elizabeth streets is officially underway. The project is a $26 million investment and brings apartment homes, commercial space, and public infrastructure improvements to the area.

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UNION STATION LOFTS UNDERWAY AT FORMER GATKE SITE
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UNION STATION LOFTS UNDERWAY AT FORMER GATKE SITE

Officials from the City of Warsaw, Kosciusko County Economic Development Corporation, and Rebar Development joined project partners to celebrate that construction is underway on Union Station Lofts, the $19 million mixed-use development at the former Gatke site.

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CITYVIEW LUXURY 55+ LIVING BREAKS GROUND IN FISHERS
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CITYVIEW LUXURY 55+ LIVING BREAKS GROUND IN FISHERS

Fishers, IN – The City of Fishers, Rebar Development, Tegethoff Development, and other project partners gathered to celebrate the groundbreaking of CityView. The new development brings luxury active adult apartment housing, vibrant amenities, and new retail opportunities to the eastern gateway of downtown Fishers in the Nickel Plate District. 

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RIVER ROCK LOFTS IS OFFICIALLY UNDERWAY IN DOWNTOWN MARION
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RIVER ROCK LOFTS IS OFFICIALLY UNDERWAY IN DOWNTOWN MARION

City of Marion officials joined Rebar Development, The Ridge Group, and project partners to celebrate the groundbreaking of River Rock Lofts, a $10.8 million mixed-use development along downtown Marion’s riverfront district. The transformative project brings modern apartment housing, retail and restaurant space, and public infrastructure improvements along the River Walk.

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MIXED-USE DEVELOPMENT TO SET TONE FOR HOFFER CORRIDOR
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MIXED-USE DEVELOPMENT TO SET TONE FOR HOFFER CORRIDOR

A new mixed-use development planned for the northeast corner of Hoffer and Elizabeth streets was approved by the City of Kokomo’s Redevelopment Commission, paving the way for the City Council’s consideration. The Elwood is planned to bring 114 modern apartment homes, 3,000 square feet of commercial space, and $26 million in investment to the Hoffer Street corridor.

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McCORD SQUARE CELEBRATES GRAND OPENING
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McCORD SQUARE CELEBRATES GRAND OPENING

 The Town of McCordsville, along with Rebar Development and Pride Investment Partners, celebrated the grand opening of the new downtown district, McCord Square, and the anchor development, McCord Square Apartments with a ribbon cutting ceremony held on October 3, 2024. The celebration marked a significant milestone in McCordsville’s long-term plan to establish a vibrant downtown district.

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REDEVELOPMENT PROJECT PROPSOED FOR MARION RIVERFRONT DISTRICT
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REDEVELOPMENT PROJECT PROPSOED FOR MARION RIVERFRONT DISTRICT

Rebar Development, The Ridge Group, and project partners have worked closely with the City of Marion to propose a $10.8 million redevelopment project that meets important economic goals for the downtown district, including the transformation of under-utilized parcels, adding to the downtown housing inventory, and creating vibrancy along the riverwalk to foster further economic opportunity.

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RITA’S ITALIAN ICE COMING TO McCORD SQUARE
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RITA’S ITALIAN ICE COMING TO McCORD SQUARE

Rita’s joins previously announced McCord Square tenants Hancock Eye Associates, Le Peep, NineStar Connect, IU Health, McCordsville Police Department, and development anchor, McCord Square Apartments. The 48-acre town center aims to cultivate a vibrant community where residents and visitors can live, dine, shop, and enjoy various activities in the heart of McCordsville.

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HANCOCK EYE ASSOCIATES COMING TO McCORD SQUARE
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HANCOCK EYE ASSOCIATES COMING TO McCORD SQUARE

Hancock Eye Associates announced plans to open a new location in McCordsville, on the first floor of McCord Square Apartments mixed-use building this summer. Momentum continues for business tenant announcements, and additional announcements are expected as construction nears completion.

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LE PEEP COMING TO McCORD SQUARE
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LE PEEP COMING TO McCORD SQUARE

Brunch fans are about to get a new option in McCordsville! Le Peep plans to open a new location on the first floor of McCord Square Apartments mixed-use building this summer. Additional business tenant announcements are expected in the coming weeks as construction nears completion.

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REBAR DEVELOPMENT POISED FOR FUTURE GROWTH
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REBAR DEVELOPMENT POISED FOR FUTURE GROWTH

Industry veteran, Tom Dickey has joined Rebar Development as President and Partner. Along with founders Shelby Bowen and Jerry Ewing, Dickey’s addition will expand Rebar Development’s capacity to develop transformative public private partnerships throughout the Midwest.

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REDEVELOPMENT PROJECT BRINGS $18 MILLION INVESTMENT TO SOUTHPORT
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REDEVELOPMENT PROJECT BRINGS $18 MILLION INVESTMENT TO SOUTHPORT

The City of Southport and project partners marked a monumental day for the City with the groundbreaking of a new apartment community. A catalyst for further economic development, The Jacob will bring increased population density to Southport, adding vibrancy and a high-quality housing on a key redevelopment parcel in downtown. The project is an $18 million investment to the community.

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DISTRICT SOUTH BREAKS GROUND IN DOWNTOWN FISHERS
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DISTRICT SOUTH BREAKS GROUND IN DOWNTOWN FISHERS

The City of Fishers, Rebar Development, and project partners broke ground on District South in downtown Fishers. The $33 million investment brings an urban village concept to the Nickel Plate District that includes a new headquarters for The Annex Group, as well as four additional buildings with office space, commercial suites, and apartment homes.

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MIXED-USE URBAN VILLAGE COMING TO DOWNTOWN FISHERS
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MIXED-USE URBAN VILLAGE COMING TO DOWNTOWN FISHERS

The City of Fishers’ City Council approved an agreement with Rebar Development, paving the way for the new District South development on the south side of South Street. The $32.5 million investment redevelops several under-utilized parcels and introduces an urban village concept that includes residences, the Annex headquarters building, micro-commercial suites, and connectivity to area business districts.

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