Lennar Corporation (NYSE: LEN and LEN.B on Tuesday announced plans for a new community situated in the heart of downtown Indianapolis.
The former Omar Bakery, located at East 16th Street and Bellefontaine Avenue, will soon make way for 34 townhomes in what is now one of Indianapolis’s hottest up-and-coming neighborhoods.
Dubbed The Bakery Townhomes, the new community is located in Monon16, in the venerable Old Northside area now undergoing $50 million in redevelopment initiatives.
The Bakery Townhomes will offer Lennar’s Wi-Fi CERTIFIED home designs as part of its signature Everything’s Included(r) program.
“We are pleased to have the opportunity to bring these innovative home designs to this highly sought after area,” said Craig Jensen, Indianapolis Division president for Lennar. “The Bakery Townhomes will offer an ideal location within walking distance of some of the city’s finest amenities and newest hotspots.”
The community sits around the corner from the culturally vibrant Massachusetts Avenue. A quick one mile stroll offers a variety of popular restaurants, unique retailers, quaint coffee shops, craft breweries and more. Residents will also enjoy the included lawn-maintenance and snow-removal services.
The Bakery Townhomes will sit adjacent to the 17-acre Frank & Judy O’Bannon Soccer Park. The existing park is surrounded by a variety of popular restaurants, retailers, coffee shops, craft breweries and artisanal bakeries. Directly across from the park and connected via a walking path to The Bakery is the Monon Trail, an urban transportation corridor connecting neighborhoods, recreational facilities, cultural centers and schools between downtown Indianapolis and the northern suburbs.
