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Indianapolis taking action after company pulls out of GM redevelopment project

The City of Indianapolis is taking action after a property group originally set to redevelop the former GM stamping plant pulled out of the project.

In a letter from the city to Ambrose Property Group on Wednesday, Corporation Counsel Donald Morgan notified the property group of the city’s plans to “intend to take ownership of that property through eminent domain to ensure necessary redevelopment.”

The letter comes just days after APG announced the group was offloading the project and had begun the process to sell the Waterside site.

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