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Residential Development in Lawrence Village
Indianapolis, IN

INDIANAPOLIS, IN – Browning is pleased to announce that the Fort Harrison Reuse Authority (FHRA) is embarking on its latest project – a roughly 74-lot single family detached residential development in the Village of Fort Harrison. Lawrence Village is a master planned mixed use community within the former Fort Benjamin Harrison military base, located in Lawrence, Indiana approximately 20 minutes from downtown Indianapolis. Browning has been working with the FHRA since late 2006, to sell off the available land sites to developers and provide overall real estate development advice to achieve the goals set forth in the master plan.

The reuse authority received approval July 9 from the Metropolitan Development Commission’s plat committee to re-plat nearly 9.2 acres near East 59th Street and Post Road.

Houston-based David Weekley Homes is set to buy the lots and build the houses on a parcel bounded by Hawkins Avenue to the south, Rising Road to the north, Birtz Road to the west and Wheeler Road to the east. The property sits just west of the Triton Brewing Co., which opened in 2011. Homes will average approximately 2,000 square feet and will range from $170,000 to $220,000. Home construction could start in early 2015, and all lots are expected to sell within three years.

Please contact Kim Reeves at 317-344-7343 or kreeves@browninginv.com if you would like to know more about this exciting opportunity.
 
About Browning Investments
Founded in 1977, Browning is one of the premiere development companies in Indianapolis and is engaged in the acquisition, development, construction, leasing, management, ownership and disposition of investment real estate properties. To date, Browning has developed and constructed more than 18 million square feet of space. For additional information, visit www.browninginvestments.com.
 
About the FHRA
The mission of the Fort Harrison Reuse Authority is to aggressively facilitate the economic redevelopment of the former Fort Benjamin Harrison Army Base. For more information about Lawrence Village at the Fort, visit www.FHRA.com.
 
About David Weekley Homes
David Weekley Homes currently conducts home building and sales activities in more than 269 communities in 18 markets across the nation. Each city is led by an area president or division president responsible for selecting preliminary sites in new communities, monitoring lot completion, planning the home building schedule, obtaining all necessary permits and constructing, selling and closing the sale. Project managers, who work for the division presidents, are responsible for day-to-day sales, as well as construction and warranty operations.

David Weekley Homes is the largest privately-held home builder in America and has closed on more than 70,000 homes in the company’s nearly four decade history. David Weekley Homes has also been named to FORTUNEMagazine’s “100 Best Companies to Work For®” eight times, and has been named a 2012 Customer Service Champion by J.D. Power and Associates. Revenues in 2013 exceeded $1.124 billion.

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