Easton Park Ribbon Cutting - featured left to right: Maura Durham, Duneland Chamber of Commerce President; Bernie Doyle, Chesterton Town Manager; Joe Ennis, Ennis Builders; Emerson Delaney, Chesterton Town Council; Chris Adams, Sierra Homes; Jim Ton, Chesterton Town Council President; Catherine Nardi; Eric Gastevich, Founder and Principal of ATG Real Estate Development LLC; Jack Barko, Nardo Homes; Gretchen Barko; Kathy Harris, ATG; Bernie Madej, Nardo Homes; Elaine Madej; Cindy Anderson, ATG; Brenda Hill, ATG ; Corrie Houchin, ATG ; Amy Kezy, Centier Bank.
News / Press
HAMMOND — A second high-end office building may be coming to the city's Oxbow Landing development.
The Hammond Redevelopment Commission on Tuesday is expected to enter into an option agreement with ATG Real Estate Development LLC for the last parcel of land the commission has available at the development.
HAMMOND — The first Class A office building to be built along the Borman Expressway has landed its first four tenants, marking another milestone in fulfilling expectations for Oxbow Landing.
Construction work began last year on the 37,200-square-foot, three-story 2929 Carlson Drive building and ATG Real Estate Development is already planning to build at a second site at Oxbow Landing.
Vacancy rose slightly in the Northwest Indiana office market last year, after the Region's first new speculative office building in a decade went up in Hammond.
But rents have been rising and the vacancy rate is expected to fall this year, according to Commercial In-Sites' annual Class "A" office market report.
Porter County, with its close proximity to Lake Michigan and public transportation for quick access to Chicago, is seeing a boom in real estate developments.
According to statistics released by GNIAR, Porter County’s year-to-date growth from Jan. 1, 2016 – Feb. 29, 2016 to Jan. 1, 2017 – Feb. 28, 2017, showed an increase in the number of units sold of 3.7 percent and an increase in the median selling price of units sold of 5.9 percent.
Northwest Indiana Times, Jun 17, 2016
By Ed Bierschenk Northwest Indiana Times, March 03, 2015
HAMMOND | A new multimillion dollar office building is expected to be constructed in Hammond's Gateways Redevelopment area at the same time as the city looks to expand the boundaries of an economic incentive zone.
The Hammond Redevelopment Commission on Tuesday approved a development agreement with ATG Real Estate Development LLC, of Hobart, which is proposing an approximately $5.5 million development project on a 3.5-acre site at Oxbow Landing near Interstate 80/94 and Kennedy Avenue.
Charles F. Haber Times Correspondent
HIGHLAND | A six building motel complex will be built on the long-vacant property that once housed the Terry Shaver Pontiac dealership.
The land at 2121 45th St., at the northwest corner of Prairie Avenue and 45th Street, was recently purchased by Prairie Square LLC.
The Shaver building, which has been empty for the past 10 years, already has been razed.
"The motel is expected to open in the late summer or fall of 2014," Prairie Square Principal Eric Gastevich said Friday afternoon through his attorney, Brent Torrenga.
By Sam Beishuizen, Northwest Indiana Times Correspondent, June 21, 2014
MUNSTER | After making an appearance at Crown Point’s corn roast, True BBQ and Whiskey Bar opened its doors Tuesday, hoping to bring “a modern BBQ experience” to diners across Northwest Indiana.
The modern barbeque restaurant owned by Progressive Dining Group is located on 8940 Calumet Ave. True BBQ and Whiskey Bar is the 12th location Progressive Dining Group has opened, joining established area restaurants including Gino’s Steakhouse and Gelsosomo’s Pizza, which the group also operates