Mansur Real Estate Services, which developed Lockerbie Marketplace and Fall Creek Place in Indianapolis, has been tapped to help remake Speedway.

The Speedway Redevelopment Commission Monday chose Mansur over two other firms to develop a master plan announced in June. Speedway officials hope to reinvigorate 350 acres south of the Indianapolis Motor Speedway.

"They (Mansur) historically have been involved in several projects that had the same feel as our master plan," said Scott Harris, redevelopment commission president.

The plan, developed after two years of study by town leaders, consultants, residents and business owners, calls for moving major streets, bringing in more retail and industry and creating a racing-related theme to draw tourists and businesses.

Mansur will work with town leaders to coordinate development and bring investors to the table, Harris said.