Beech Grove,
Indiana
clearing a pathway to productive use for former railyard
Beech Grove, Indiana is a business-friendly city located just 15 minutes from downtown Indianapolis. Real Estate Recovery Capital worked closely with the City of Beech Grove and CSX Transportation to acquire the former Brownfield site in 2019 and is in the process of revitalizing the property for redevelopment.
The Emerson Avenue LLC property is situated in an industrial/commercial area of the city and has a rare combination of size, industrial zoning, and significant railroad access. The property has been vacant for decades and was most recently used to hold rail cars.
The Emerson Avenue LLC property is situated in an industrial/commercial area of the city and has a rare combination of size, industrial zoning, and significant railroad access. The property has been vacant for decades and was most recently used to hold rail cars.
Acquired
2019
Property Type
Industrial/Commercial
Area
115 Acres
Status
In Progress
More information
Original Property
Partnering with the city of Beech Grove to attract industry that benefits from rail access.
Property Facts
The Emerson Avenue LLC property was a former railyard owned by CSX.
Site includes significant rail access and already zoned for industrial use.
- Beech Grove, IN is located in Marion County with a population of 965,000. Situated in the heart of America, the community is ideal for transportation, logistics, and industry.
About the Investor
Real Estate Recovery Capital is a national Brownfield investment firm with an focus on buying, remediating and revitalizing properties which have some level of environmental impairment. Please contact us about selling a property or collaborating on property redevelopment
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