Muncie Mall to Be Totally Demolished

Redevelopment Commission approves additional $2.8 million in financing for new plan

Published on Feb. 27, 2026

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The Muncie Redevelopment Commission has approved an additional $2.8 million in tax increment financing for a new plan to completely demolish the Muncie Mall, except for the portion owned by Buyer's Market. The original plan to tear down parts of the mall and renovate the interior is no longer viable due to issues with the main water and gas lines entering the property through the empty anchor stores.

Why it matters

The demolition of the Muncie Mall marks a significant shift in the city's redevelopment efforts, as the once-thriving shopping center has fallen into disrepair and vacancy. The new plan aims to redevelop the site with a national wholesale club, apartments, and other new uses, potentially revitalizing the area and generating economic activity.

The details

Hull Property Group, the current owners of the Muncie Mall, say the original plan to renovate parts of the mall is no longer feasible due to the location of the main water and gas lines. As a result, the company has decided to demolish the entire mall, except for the portion owned by Buyer's Market. The new plan includes a national wholesale club fronting McGalliard Road, as well as apartments and other new developments.

  • The demolition of the empty anchor stores can begin as soon as next month.
  • The interior section of the mall won't be demolished until the last tenant moves out, which could take between six months and two years.

The players

Muncie Redevelopment Commission

The local government agency responsible for overseeing redevelopment efforts in Muncie, Indiana.

Hull Property Group

The company that purchased the Muncie Mall in 2024 and is now leading the redevelopment efforts.

John Mulherin

A spokesperson for Hull Property Group.

Dan Ridenour

The mayor of Muncie, Indiana.

Buyer's Market

The owner of a portion of the Muncie Mall that will not be demolished as part of the new redevelopment plan.

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What they’re saying

“Demolishing the empty anchor stores can take place beginning next month. But the interior section won't happen until the last tenant moves out, and that could take between six months and two years.”

— John Mulherin, Spokesperson, Hull Property Group (IPR)

What’s next

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The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.