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Article: Crown Hill's land in play
- Article from:
- Indianapolis Business Journal
- Article date:
- November 14, 2005
- Author:
CopyrightCopyright IBJ Corporation Nov 14, 2005. Provided by ProQuest LLC. (Hide copyright information)
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Carmel-based Brenwick Development Co., known for luxury residential developments in Hamilton County, has struck a deal to buy 66 acres of land at the north end of Crown Hill Cemetery.
Brenwick has signed a letter of intent to purchase the wooded land, cemetery President Keith Norwalk confirmed.
Negotiations between Brenwick and Crown Hill are in the early stages, Norwalk stressed. He said there won't be a closing of the transaction anytime soon.
"There will be significant negotiation before it's a done deal," Norwalk said.
He declined to give specifics on Brenwick's plan pending negotiations, but the development is expected to include a strong residential component. The property is listed ...