We'd like to thank our General Contractor, Holladay Construction Group, for creating and sharing this great video of the construction progress at our project site. The video shows site work that occurred on January 18, 2018. The project is really coming along and units are filling up fast!
January 19th 2018 Progress VideoJan 19th, 2018 10:09 am
Progress Video November 8th 2017Nov 8th, 2017 10:57 am
We'd like to thank our General Contractor, Holladay Construction Group, for creating and sharing this great video of the construction progress at our project site. The video shows site work that occurred on November 8, 2017.
Progress Video November 1st, 2017Nov 1st, 2017 10:20 am
We'd like to thank our General Contractor, Holladay Construction Group, for creating and sharing this great video of the construction progress at our project site. The video shows site work that occurred on November 1, 2017.
Halloween WeekendOct 27th, 2017 2:03 pm
Holladay Properties, developer and Property Manager for The Promenade at Founders Square, was proud to be a part of two exciting events over Halloween Weekend! First, on Friday, October 27, we participated in the Founder's Scare event in Founder's Square Park, where we handed out candy and information about the Promenade at Founders Square residential apartments. We were also honored to be a part of the Hannah's Hope Playground ribbon cutting ceremony on Sunday, October 29. Holladay Properties donated hot chocolate and doughnuts for the attendees at the event.
Holladay Properties Plans May Groundbreaking for The Promenade at Founders SquareMar 15th, 2017 11:33 am
Holladay Properties is pleased to announce the scheduled groundbreaking for The Promenade at Founders Square, a new $40 Million mixed use development, and the largest single investment in Holladay's 65+ year history.
The Promenade at Founders Square accelerates the City of Portage vision of a new downtown district. This vision is already well on its way, with recent public investments in the popular Founders Square Park, new Central Avenue Fire Station and Police Station and an outdoor entertainment pavilion adjacent to Founders Square.
Groundbreaking for the initial five buildings at the Promenade are anticipated to occur Mid-April 2017, depending on the weather. The initial buildings, which will frame Founders Square Park, offer both residential and ground floor commercial space with sidewalk pedestrian access. The project utilizes innovative building materials to create an historic downtown feel consistent with Village Plans for its downtown. Holladay has been working with the City of Portage and surrounding property owners to plan this walk-able urban community since 2014.
"Holladay is ecstatic to be moving forward with this project" according to Drew Mitchell, Vice President of Development and Project Manager for the development. "Our hat goes off to the City for having the bold vision, and for steadfastly working with Holladay to bring about this exciting development. The City Council, Mayor's office, Redevelopment Commission, and City Planning Department have all provided input, and we believe our plan will not only be embraced by the community, but also act as a catalyst for new development in Portage's downtown."
In addition to announcing the groundbreaking, Holladay is releasing the final design of The Promenade at Founders Square, as depicted in the artist rendering looking northwest from Founders Square Park. This urban lifestyle is currently in high demand by both the millennial and empty nester demographic groups. Businesses interested in locating to the Promenade will have ground floor commercial space opportunities for office, retail, and restaurant space. New residents and patrons of downtown businesses will have convenient pedestrian access to the public amenities available at Founders Square Park and the entertainment pavilion.
Holladay Properties provides development, leasing and property management services for the Promenade at Founders Square which is owned by an investment group led by the Portage, Indiana office of Holladay. For Retail leasing information please contact Michael O'Connor of Holladay Properties at 219-764-3104. If you are interested in renting one of our Luxury Apartment Homes please contact Kyle Yates at 219-615-7481.
The Founders Square StoryMar 1st, 2017 12:05 pm
The Promenade at Founders Square has been a dream of Holladay Properties since we became aware of the City of Portage's desire to introduce a high-end downtown residential product several years ago. In 2014, Holladay began examining the viability of higher end multifamily community, built with an urban feel, embracing the streetscape, and offering modern amenities.
This project is an exciting development in Portage, IN. The City of Portage has invested or committed to investing in excess of $20,000,000 towards the development of the area immediately surrounding Founders Square. Completed investment includes utility and street infrastructure, sidewalks and curbs, street lighting, Founders Park and associated amenities including children's splash pad water, a new police station, new fire station, and an amphitheater.
Some of the key elements of the project include:
- Introduction of commercial & retail presence along Main St near Founders Park
- Development centers on Founders Park
- Quasi-commercial element in buildings immediately North of Founders Square
- Two parks "pocket park" near Little League to transition from recreational to residential
- Proposed development includes nine (9) buildings totaling 304 Units
- Unit-mix comprised of 55% one-bedroom, 40% two-bedroom, and 5% three-bedroom
- Common amenities include: two quasi-public parks, fitness center, pool, common kitchen and party room, and business center
- 1/3 of units have access to private garaged spaces, accessible directly from the unit or via interior corridor
- Introduction of a public street through the project to maintain urban feel
- Despite development in commercial, industrial, medical, civil, and hospitality - there has been no multifamily development in Portage in over 10 years, and only one development in last 20 years
- Holladay has developed a strong reputation for quality due to the success of AmeriPlex at the Port - this has led to the opportunity to introduce a new downtown residential project which fits with the City's vision for the Downtown Development Area