Development Proposals Blog Posts

JW work to begin in June

April 11, 2008
Comments(48)
A three-year project to build a new convention headquarters hotel along West Street now is scheduled to begin on June 1, immediately after the Indianapolis 500, said Mike Wells of developer REI...
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Kite eyes retail, hotel for Pan Am

April 7, 2008
Comments(52)
A local developer hopes to add restaurants and retail space and possibly more to Pan Am Plaza to capitalize on a growing convention center and the new Lucas Oil Stadium. Kite...
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IRT plans $3M renovation

April 7, 2008
Comments(11)
The Indiana Repertory Theatre has won a $3-million grant from the Lilly Endowment to fund renovations of the Indiana Theatre building at 140 W. Washington St. IRT plans to...
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Popular chains show southside love

April 4, 2008
Comments(8)
The Broadbent Co. plans to begin construction soon on a new restaurant strip in front of its Greenwood Place shopping center at U.S. 31 South and Shelby Street. The 7,100-square-foot center will include a Dunkin Donuts with a drive thru,...
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Retro Dunkin rendering

April 3, 2008
Comments(35)
The new Dunkin Donuts at Washington and Pennsylvania streets (reported here in November) likely will have a retro look that incorporates the old Roselyn Bakery sign. Plans call for neon signs and a stainless steel facade. What do you think?More

Sinks, brownfields and insurance

March 17, 2008
Comments(27)
Getting you up to date: Airport sinks approved The Indianapolis Airport Authority board has approved an obscure bid package known as "T-31" that provides for the installation of floor-level foot sinks for...
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Mall getting go-karts and golf

March 14, 2008
Comments(31)
The new owners of Lafayette Square Mall are plotting a $12-million redevelopment that would add a go-kart track and PC gaming area to the former Lazarus. New York-based...
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Outlook grim for Venu

March 13, 2008
Comments(33)
Plenty of people are holding out hope that Premier Properties USA Inc. can pull off its ambitious, $750-million Venu project at the southwest corner of 86th Street and Keystone...
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Developer details Penn Arts plan

March 11, 2008
Comments(52)
A 23-year-old entrepreneur plans to spend $3 million to transform the 82-unit Penn Arts apartment building at 16th and Pennsylvania streets into 45 upscale apartments, Tracy Donhardt More

Rendering for Mass Ave project

March 7, 2008
Comments(26)
What do you think of the proposed replacement for a one-story, township-owned structure on Mass Ave? (Click for a larger version.) The $9 million plan, proposed by...
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Merrill Tower moving west

March 6, 2008
Comments(34)
Developer Stephen Alexander isn't fazed by a zoning setback for his $67 million West Merrill Tower. The Metropolitan Development Commission denied his request to vacate an alley...
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Penn Centre delayed but not dead

February 29, 2008
Comments(47)
Construction won't begin on the ambitious Penn Centre proposal for at least a few more months, but the project still is a go, said developer J. Greg Allen, who also...
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Payton Wells auction set

February 27, 2008
Comments(42)
An auction date has been set for three parcels near Meridian and 16th streets that housed the Payton Wells car dealership. The properties are 2.5 acres with a 50,000-square-foot...
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Latest real estate headlines

February 19, 2008
Comments(29)
It's a busy week for real estate news. Here are a few headlines: Circuit City closes Clay Terrace store Carmel's high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit...
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Veterans group moving downtown

February 5, 2008
Comments(20)
The Hoosier Veterans Assistance Foundation is renovating a two-story building near the Central Library to serve as its new headquarters. The not-for-profit group, which now is located at the former...
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Green developer has $20M pipeline

February 4, 2008
Comments(5)
Is green development finally catching on in Indianapolis? The four owners of Casa Verde LLC certainly hope so. The company has plans for a $14-million, LEED-certified condo project in Columbus. In Indianapolis,...
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Retail woes continue with Cabela's

February 1, 2008
Comments(25)
Banking on the regional draw of outdoor retail giant Cabela's, developers have been planning more than 100 acres of hotels, a water park, restaurants and other retail space for the southwest corner of...
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Cummins expansion in Columbus

January 24, 2008
Comments(11)
Cummins Inc. plans to build a four-story, 100,000-square-foot building as part of a revitalization of the old Commons Mall in Columbus. The project calls for demolishing much of the mall and replacing...
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When factories close, what's next?

January 23, 2008
Comments(12)
A Bloomington developer is planning a $20-million revival of the former Thomson Consumer Electronics plant on the city's near east side. The 50-acre Sherman Park property has become an eyesore since the...
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New JW design unveiled

December 19, 2007
Comments(61)
Plans for a 1,000-room JW Marriott convention hotel now envision a taller building, with a whole new look and a larger pricetag. The hotel would be 34 stories, up from 29, and the project would cost $425 million, up from...
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Premier plows forward on Venu

December 17, 2007
Comments(44)
A new site plan for the $750-million Venu project shows four anchor tenants: Whole Foods; Barnes & Noble; Arhaus, an upscale furniture retailer; and REI, an outdoor-gear superstore that would be new to...
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Farewell, Eastgate parking lots

December 11, 2007
Comments(19)
Here's the Lifeline Data Centers site plan for its reuse of the old Eastgate Consumer Mall. What do you think of the lake and walking trails? More

New life for Eastgate

December 7, 2007
Comments(37)
The long-vacant Eastgate Consumer Mall finally is getting a new tenant: a data-storage and web-hosting company. City officials are planning an 11 a.m. announcement today detailing an expansion for locally based...
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Your wish list?

November 30, 2007
Comments(55)
A final discussion question to consider today: What retailers, restaurants or development methods are missing from Indy? Plenty of new names are entering the market, and "green" building seems to be gaining...
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Your vision for Lucasville?

November 26, 2007
Comments(25)
The host of Property Lines, Cory Schouten, is on vacation this week. Meanwhile, the blog will feature discussion questions about Indianapolis real estate. Today's topic is the area surrounding Lucas Oil...
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  1. I could be wrong, but I don't think Butler views the new dorm as mere replacements for Schwitzer and or Ross.

  2. An increase of only 5% is awesome compared to what most consumers face or used to face before passage of the ACA. Imagine if the Medicaid program had been expanded to the 400k Hoosiers that would be eligible, the savings would have been substantial to the state and other policy holders. The GOP predictions of plan death spirals, astronomical premium hikes and shortages of care are all bunk. Hopefully voters are paying attention. The Affordable Care Act (a.k.a Obamacare), where fully implemented, has dramatically reduced the number of uninsured and helped contained the growth in healthcare costs.

  3. So much for competition lowering costs.

  4. As I understand the proposal, Keystone would take on the debt, not the city/CRC. So the $104K would not be used to service the $3.8M bond. Keystone would do that with its share.

  5. Adam C, if anything in Carmel is "packed in like sardines", you'll have to show me where you shop for groceries. Based on 2014 population estimates, Carmel has around 85,000 people spread across about 48 square miles, which puts its density at well below 1800 persons/sq mi, which is well below Indianapolis (already a very low-density city). Noblesville is minimally less dense than Carmel as well. The initiatives over the last few years have taken what was previously a provincial crossroads with no real identity beyond lack of poverty (and the predictably above-average school system) and turned it into a place with a discernible look, feel, and a center. Seriously, if you think Carmel is crowded, couldn't you opt to live in the remaining 95% of Indiana that still has an ultra-low density development pattern? Moreover, if you see Carmel as "over-saturated" have you ever been to Chicago--or just about any city outside of Indiana?

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