Brought to you by WBIW News and Network Indiana
Last updated on Tuesday, May 1, 2018
(BLOOMINGTON) - New developments are in the planning stages for Bloomington’s former eastside Kmart location.
Indiana-based developer Trinitas Ventures is working with the current landowners and proposing a multi-use building, which would include housing, retail, office space and restaurants.
Senior Vice President of Mixed-Use Development Aaron Bartels says the company is also considering building hotels on the site because of the new Indiana University Health hospital being built off State Road 45/46.
Officials predict construction will begin in late summer or fall of 2019. Phase one of the project is scheduled to open in 2021.
Bloomington Communications Director Yael Ksander says the plans are still in a preliminary stage, and the city isn't involved yet. But she says the proposal is in line with the city's vision for the area.
The East Third Street Kmart closed in the summer of 2016. The site also includes the east-side Bloomingfoods, which announced earlier this year it will relocate when its current lease ends.
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