FRANKLIN, Ind. (Inside INdiana Business) — Demolition crews have begun work to make way for an $11 million mixed-use development in downtown Franklin. Our partners at the Daily Journal report the Newkirk Square project will include 10,000 square feet of restaurant and retail space, as well as high-end condos and townhomes.
The mixed-use building and townhomes will replace several homes and the former Newkirk’s Auto Service, which are currently being torn down.
Billy Bemis is co-owner of the Bemis Group, which is developing the project, and tells the publication the townhomes on the east side of the property will be built first, with construction on the mixed-use building beginning when the townhomes are about 70% complete. He says construction could begin in the winter or spring with the townhomes expected to be ready for occupancy next fall.
Plans for Newkirk Square were first announced in January. The restaurant and retail tenants will be located on the first floor, though no tenants have been confirmed for the project yet.
You can learn more about the project from the Daily Journal by clicking here.