Welcome!

News Feed Item

Carmel-based Mainstreet Announces the Creation of 3,000 Permanent Jobs and 8,400 Temporary Jobs in Indiana over next three years

Financial Impact to Indiana estimated at approximately $3 billion

CARMEL, Ind., Feb. 7, 2014 /PRNewswire/ -- Mainstreet Property Group, one of the nation's most innovative health care developers, known for developing desirable, hotel-like rehabilitation and therapy properties, has announced a significant pipeline of 2014-2016 planned Indiana development projects.  These projects will combine to create 3,000 permanent jobs and 8,400 temporary jobs in Indiana, and will have a financial impact to Indiana of an estimated $3 billion.

In 2014 alone, projects currently underway in cities including Lafayette, Terre Haute, South Bend, Kokomo and Indianapolis will create approximately 2,500 construction jobs, 850 permanent jobs, and have a total economic impact of over $850 million.  A complete list of the 2014 under-development projects is below.  Cities where Mainstreet intends to grow in 2015 include Carmel, Dyer, Bloomington, Crown Point and others.

"Mainstreet is proud to call Indiana home.  Developing these medical resorts here for the use of Hoosiers, while serving as an economic engine for these cities and towns, is a rewarding result," said Zeke Turner, Chairman and CEO of Mainstreet.  "Now active in 14 states, Mainstreet is growing rapidly nationwide, but I am excited to also be able to benefit my home-state of Indiana.  There is meaningful opportunity to offer better health care services and to raise the bar on expectations for what is possible.  Where many see uncertainty in the changing health care landscape, we see opportunity to design, build and offer a model that appeals to the consumer – one focusing on comfort, dignity and privacy.

"With millions of Americans aging into retirement and beyond over the next 20 years (the oldest 'Boomers' turn 67 this year), there's significant opportunity for those who can bring innovation to the tired, existing models of health care," Turner continued. "This is especially true for those who focus on rehabilitation and therapy and on getting people well and back home where they want to be. That's Mainstreet's unique business proposition and what is fueling our rapid growth in Indiana and beyond."

Already, over the last five years, Mainstreet has developed 10 properties in Indiana communities including Wabash, Crawfordsville, Westfield, Avon, Lawrenceburg and Mishawaka. This was the result of an investment of more than $125 million by Mainstreet, and created 1,400 new permanent jobs, 3,500 construction jobs, and had an economic impact of nearly $1.3 billion. By the end of 2014, Mainstreet expects to have created more than 8,000 permanent and temporary jobs in the state of Indiana, placing it among the state's largest creators of new high-quality jobs.

"Mainstreet believed in Grand Park so much they became the first private development at the sports complex, building a medical resort called Wellbrooke," says Westfield Mayor Andy Cook. "Wellbrooke has created jobs, brought in residents and set the bar for what private development should look like surrounding the park. Westfield is honored Mainstreet and its partner, Life Care Services, wanted to be a part of our future."

As important as jobs and economic growth are, the medical resorts developed by Mainstreet transform the way healthcare is delivered to aging Americans and immediately impact the quality of life in local communities. They provide a warm, welcoming environment with a host of unique features, designed to create an inviting and engaging atmosphere including an in-house movie theater (complete with popcorn machine), outside fire pit, fireplaces, salon/spa for haircuts and manicures, fitness center, game room, art and music classes and walking trails. Services are built around the residents' interest and schedule, a departure from traditional facilities.  The facility is also designed to attract family and friends and encourage them to spend more quality time with loved-ones.

"Clearvista Lakes Health Campus is proving to be a great opportunity for my parents to thrive," said Mike Hadley. "It's a close knit atmosphere fostered by a kind & caring staff.  They are well cared for and their needs receive quick attention."

2014 projects
Clearvista Lakes, Indianapolis
Number of permanent jobs – 120
Number of construction jobs – 350
Economic Impact – $125 million (estimated over a 10 year period)
Opening Date – January 2014

Arlington Place, Indianapolis
Number of permanent jobs – 125
Number of construction jobs – 350
Economic Impact – $132 million (estimated)
Opening Date – February 2014

Wellbrooke of Kokomo
Number of permanent jobs – 140
Number of construction jobs – 350
Economic Impact – $119 million (estimated)
Opening Date – March 2014

Wellbrooke of South Bend
Number of permanent jobs – 120
Number of construction jobs – 350
Economic Impact – $125 million (estimated)
Opening Date – July 2014

Evergreen Place Indianapolis Georgetown & 56th Street
Number of permanent jobs – 120
Number of construction jobs – 350
Economic Impact – $125 million (estimated)
Opening Date – September 2014

Unnamed Development in Terre Haute
Number of permanent jobs – 123
Number of construction jobs – 350
Economic Impact – $105 million (estimated)
Opening Date –November 2014

Unnamed Development in Lafayette
Number of permanent jobs – 120
Number of construction jobs – 350
Economic Impact – $125 million (estimated)
Opening Date – November 2014

Contact: Kate Healey Snedeker, Mainstreet
[email protected], 317.258.3748

SOURCE Mainstreet Property Group

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...