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Half of 104-acre Development in Indianapolis Foreclosed on by Old National Bank;
Developer Kenneth Puller, Who Owns Solvent Half,
Plans for $130 million Project 18 Months Behind Schedule

The Indianapolis StarMcClatchy-Tribune Regional News

Oct. 14, 2009--Old National Bank has foreclosed on half of a 104-acre development site called Fishers Marketplace.

Half of the former golf course at Ind. 37 and 131st Street will be auctioned Oct. 22, said developer Kenneth A. Puller, who owns the solvent half.

Puller's plans for a 244-room Wyndham Hotel, a conference center and an 80,000-square-foot indoor water park, plus luxury apartment and commercial space, are 18 months behind schedule.

Construction on the $130 million development was to begin this summer. (Star report)

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