Erin Blasko | December 30, 2017
Work is underway on Phase II of Eddy Street Commons, the $90 million mixed-use project south of the University of Notre Dame.
A joint effort by the University and Kite Realty, the project features 8,500 square feet of restaurant space, 17 “flex” units, 433 apartment units, 22 single-family homes, a new Robinson Community Learning Center and a stand-alone grocery store.
Work on Phase I of the project, featuring 170,000 square feet of retail/restaurant/office space, 266 apartment units, 123 condo units, 78 row/townhomes, a 1,276-vehicle multi-level parking garage, a 119-room Fairfield Inn & Suites and a 164-room Embassy Suites, is nearly complete, with the Embassy Suites set to open in September 2018.
The mixed-use space — retail, office and apartments — is 100 percent leased, and the condos and townhomes have all been sold.
Combined, the two phases represent a nearly $300 million investment in the Northeast Neighborhood, a diverse single-family neighborhood directly south of the University characterized by walkable, tree-lined streets and a mix of old and new homes.
Phase I focused on the first block of Eddy Street directly south of campus, from Angela Boulevard to Napoleon Boulevard. Phase II focuses on the three blocks of Eddy from Napoleon to Indiana 23.
“Massive steps have already been taken to revitalize and regenerate the Northeast Neighborhood for the good of not only the University but the community as well, and this is the last step,” said Greg Hakanen, director of Northeast Neighborhood Redevelopment for the University. “Phase II will take the biggest existing negative in the neighborhood and turn it into a major positive.”