Indianapolis Area Real Estate Blog

Speedway Gets a Face Lift

The Civil Town of Speedway announced today, Mansur Real Estate Services has been chosen as the Master Developer of the Speedzone. The corner where Crawfordsville Road meets Georgetown and 16th Street has undergone many changes throughout the years.

Do you remember when there was a White Castle there? What about the little mexican restaurant? I think the name was Gringo’s. They had the best tacos around. The shopping center across the street from the Indianapolis Motor Speedway, on the south side has been an eyesore for years without evidence of much business being done there, except, maybe late at night. Georgetown, between Crawfordsville and 25th St holds little appeal for the Native Hoosier or the out of town visitor. Speedway is just not what it used to be.

All is about to change…….. I am impressed and excited to see what the future holds for the redevelopment of Speedway. Main Street will see a complete overhaul of all the shops and the addition of condos above the shops. Condos in Speedway will definitely be a big draw. I expect many will be snatched by racefans and those who maintain a second home.

Phase one of the redevelopment will affect the areas bordered by 10th Street, 16th Street, Main Street and Olin Ave.

Phase two continues the work along Crawfordsville Road to the 465 interchange and north to the Speedway Boundary. Take a look at the plans here.

Search Speedway Indiana Homes for Sale


#1 By Rita Taylor at 12/12/2007 4:56 PM


It is great when downtown areas undergo redevelopment. We have family in Greenville, SC and it was abandoned just a few years ago but is now thriving and is drawing visitors into the area. I hope the changes in Speedway bring the area back to life.

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