By City of Muncie Communications—
MUNCIE, Ind.— Mayor Dan Ridenour has announced that after years of sitting empty, Southway Centre, the retail strip at 3705 S. Madison Street in south Muncie, is set to get a new name, new look and new businesses in an expansive redevelopment project to bring jobs and visitors to the area. The newly named plaza, The Markets on Madison, is getting a fresh look with cosmetic upgrades, outdoor lighting, and a kids’ play area. Plans include adding a mix of restaurants, businesses and retail to the nearly 19 acres of real estate. A grocery store is also in the works of the proposal.
Owners of software consulting group, BrickRed Systems, based out of Washington state, purchased the property late last year with plans to bring new life to the property and the south side of Muncie.
“Southway Centre was the perfect property to redevelop in south Muncie, as this is a major entry way for Muncie,” said Pankaj Mohindru, Director of BrickRed Systems. “It will not be easy, but we have a lot of support from the city and neighbors. We want to bring people back to the space. We hope locals and visitors alike will enjoy exploring new restaurants, businesses and spending time with family.”
Southway Centre on March 2, 2022. Photo by Mike Rhodes
Mohindru said BrickRed hopes to bring 50 IT jobs to the site as well by planting a satellite office for their company at the new Markets on Madison.
“We are excited to bring jobs to Muncie,” Mohindru said. “We want to start with 50 jobs initially, and with Ball State nearby, we hope to employ graduating students, giving them an opportunity to stay and grow in Muncie.”
After years of being operated by an out-of-state real estate group, the property is now being managed by local property management company, MiddleTown Property Group. Mohindru and MiddleTown are working closely with Mayor Dan Ridenour to make the space a lively destination.
“The City of Muncie is excited to welcome BrickRed Systems to our community. New shopping options, new tech jobs, and more green space will be great additions to this side of town. Upon completion, I think the Markets on Madison will amaze and inspire both Muncie and East Central Indiana,” said Mayor Ridenour.
The project is set to start this spring.
About Muncie, Indiana
Incorporated in 1865, the City of Muncie is a welcoming and ambitions community. The municipality has a population of approximately 70,085 residents, and is located in the heart of East-Central Indiana. Muncie prides itself as being a central hub for commerce, recreation, and development. Home to quality education, technology driven development, and a friendly populous. Muncie is proud to be “The Capital of East-Central Indiana.”
