The new Penrose on Mass project offers retailers and restaurants, looking to expand in downtown Indianapolis, a unique opportunity that they rarely find in an urban setting: new, contemporary construction; plenty of on-site parking and a strong residential component all in a commercial-friendly environment. The $50-million, mixed-use Penrose on Mass project in downtown Indianapolis includes 4-stories of apartments (236 units) and 39,000 square feet of retail being jointly developed by John Hart of JC Hart and Strongbox, lead by Paul Kite. + 39,000 square feet of retail on the first floor + Mix of brick, stone and metal paneling along Mass Ave. + 236 apartment units + Signature architecture + 20’ clear ceiling heights allowing for mezzanines + Rear covered delivery + 373 total garage spaces, 200 specifically for retail and an additional 45 new street parking spaces for retail use as well