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A Developer Pitched a $5 Billion Resort for an Indianapolis Mall. The Main Owner Says It Knows of No Deal.

A developer proposes a $5 billion resort for Washington Square Mall, but its main owner says it knows of no deal. Why agents should watch deeds and financing.

A Developer Pitched a $5 Billion Resort for an Indianapolis Mall. The Main Owner Says It Knows of No Deal.

Photo: Ryan De Hamer / Unsplash. Indianapolis city context; not the mall or proposed resort. Big renderings are easy to make. Ownership is harder. A California developer is pitching a roughly $5 billion plan to replace Washington Square Mall on Indianapolis' far east side with a resort and conference center, according to Mirror Indy and WRTV. BRC Commercial Properties, led by CEO Britt Wagner, presented the idea at a community meeting Oct. 22 in Warren Township. Mirror Indy reported that…

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