Development Proposals Blog Posts

Fixing a crumbling canal walk

November 19, 2007
Comments(23)
The oldest portion of the downtown canal walk could soon get a $3.2-million upgrade. The city is finalizing plans for new pavement, stairs, retaining walls, lighting and railings along...
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Student-housing tower planned

November 14, 2007
Comments(20)
A team of local developers is hoping to build a 550-bed, 16-story apartment tower near the IUPUI campus. The $40 million project, dubbed Paramount Tower, would target the lucrative student-housing market....
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Catching up: Simon honored

November 12, 2007
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The Simon Property Group Headquarters took top honors at Keep Indianapolis Beautiful's A Monumental Affair awards last week. The 30-year-old contest honors the city's best architecture, development and construction. Last year's top...
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A downtown transformation

November 9, 2007
Comments(72)
A development team is finalizing plans for a $480 million mixed-use project that calls for condos, as many as three hotels, a theater and 175,000 square feet...
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New life at 71st and Binford

November 8, 2007
Comments(15)
The once-blighted corner of 71st Street and Binford Boulevard continues to attract redevelopment attention, thanks in large part to the efforts of neighborhood group Binford Redevelopment And Growth, or BRAG. Developers plan to...
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A new 'Landmark' in Lockerbie

November 5, 2007
Comments(14)
A local developer hopes to break ground next month on an $11.5-million condo project along East Street between Ohio and New York streets. Landmark of Lockerbie would feature 16 loft units,...
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Update on the Circle Truss

November 2, 2007
Comments(77)
What do you think of the Circle Truss proposal? The 280-foot-tall, $10-million stainless steel structure, designed by Kevin K. Parsons & Associates Inc., would be lined with LED lights lit with colors...
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A wildlife-friendly business park

October 30, 2007
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Holladay Properties and the Indiana Wildlife Federation plan to dedicate the state's first "Certified Wildlife-Friendly Development" at an event tomorrow. The 1,500-acre AmeriPlex Business Park, southwest of the Airport, won the designation by...
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Saxony map features upscale tenants

October 26, 2007
Comments(29)
Is it a wish list, or are some of the nation's top retailers eyeing the Saxony project in Hamilton County? Some big names, including Lacoste, North Face and Polo, appear on a map...
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Westfield's booming growth

October 25, 2007
Comments(37)
The 19-square-mile, 24,000-population town of Westfield could balloon to 56 square miles and 110,000 people in the next several years. More than 11,000 new homes are in the works. And the residential rush...
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Penn Centre at street level

October 18, 2007
Comments(30)
Here are two street-level renderings of Penn Centre, courtesy of Browning Day Mullins Dierdorf. The first shows the Omega Building along Maryland Street, and the second is a view from Pennsylvania Street. These still are early concepts and the developers...
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These colors don't run

October 17, 2007
Comments(14)
Work on the renovation of Jefferson Plaza (soon to be Allen Plaza) began this week as construction workers raised an Allen Commercial Group flag over the plaza. It replaces a worn-out state...
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Developer drops pursuit of condos

October 10, 2007
Comments(8)
A local developer has dropped its effort to buy out 77 condo owners southeast of 86th Street and Keystone Avenue, at least for now. Residents of the condo development, Lakes...
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Thoughts on Ralston Square?

October 7, 2007
Comments(30)
Here are two renderings of the proposed Ralston Square project. The $60 million South Street project, named in honor of the original planner for Indianapolis, would feature a 150-room hotel, 55 condos, a 617-space parking garage and 41,000 square feet...
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Penn Centre, in color

October 4, 2007
Comments(44)
What do you think of the latest rendering of Penn Centre? The plans, designed by Browning Day Mullins Dierdorf, call for a 240-room Le Meridien hotel, 150-room aloft hotel,...
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Penn Centre wins approval

October 4, 2007
Comments(18)
The Indianapolis Historic Preservation Commission gave its unanimous approval last night for Penn Centre, a massive hotel, residential and restaurant development across from Conseco Fieldhouse. The next step is to add more...
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R.I.P. Marquis Tower?

October 3, 2007
Comments(20)
A 24-year-old's dream for a twisting downtown apartment tower has run into a brick wall. Jaron Garrett couldn't raise enough money to exercise contracts on the run-down properties he had hoped to...
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Venu taking 'green' to new level

September 21, 2007
Comments(38)
Check out this new rendering of Venu from locally based Premier Properties USA Inc. The company plans to build the 2.3-million square foot project at the southwest corner of 86th and Keystone....
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Lockerbie Park phase 2 on hold

September 5, 2007
Comments(48)
The foundations and garage slabs are in place for the next phase of Lockerbie Park, but construction is on hold for now. The project at College and Michigan streets has not sold...
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Scotty's looking downtown

August 16, 2007
Comments(8)
Scotty's Brewhouse, the Indiana college town institution, is working on plans for new restaurants in downtown Indianapolis, Chicago and Charlotte, N.C. The restaurant would like to locate at Pan Am Plaza, said...
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A brand-new Maxwell rendering

August 7, 2007
Comments(42)
Kosene & Kosene has begun construction on its latest downtown project, the 105-unit Maxwell. The six-story building sits along Ohio Street between Park and East streets and will feature condos starting at...
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At last: Penn Centre rendering

August 3, 2007
Comments(47)
Here's a preliminary rendering of the Penn Centre development planned along Pennsylvania Street between Maryland and Georgia streets. The J. Greg Allen project is being designed by locally based Browning Day Mullins...
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Premier project gets a name: Venu

August 3, 2007
Comments(24)
Premier Properties has unveiled some of the details of its $750-million plan for a huge mixed-use development at the southwest corner of 86th and Keystone Avenue. The project is called Venu, a...
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Developer offers big bucks for homes

July 12, 2007
Comments(14)
A developer is negotiating individually with 77 condo owners to buy a community called Lakes at the Crossing that sits near the Fashion Mall. Gershman Brown & Associates has...
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Hurry up and wait for MSA

July 6, 2007
Comments(12)
City officials gave developers a tight, two-month time frame to come up with a second round of proposals to redevelop the Market Square Arena site. The RFP was issued Feb. 21, and...
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