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Development/Redevelopment
Pedcor moving ahead with $13M Central State apartments
April 2, 2013
Scott OlsonThe Retreat on Washington would be the developer's second project at the former psychiatric hospital campus on Indianapolis'
west side.
MoreLilly to spend $180M doubling size of Indy plant
April 2, 2013
The new investment will bring the plant's total price tag to $320 million as the pharmaceutical giant seeks to increase production
of insulin and related products.
MoreBoomerang comes back with plans for Noblesville subdivision
March 29, 2013
Andrea Muirragui DavisA local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project
city officials have OK’d since approving another proposal for the same property in 2007.
MoreBill would expand state’s historic preservation tax credit
March 29, 2013
The Statehouse FileLegislation that was killed last year after passing the Indiana House has been revived this session in hopes of spurring more
historic renovation across the state.
MoreLocal REITs charge ahead of pack in bull market
March 27, 2013
Scott OlsonIndiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually
hardy and suddenly hot sector.
MoreTwo projects would give Nora Plaza a face-lift
March 23, 2013
Scott OlsonThe developer of Nora Plaza is planning a $2 million redevelopment of a building that formerly housed Café Nora in
the popular north-side shopping center, and anchor Whole Foods is expanding into 5,700 square feet of space north of its existing
store.
MoreSummit’s headquarters earns double LEED certification
March 23, 2013
Summit earned the environmental accolades by including a variety of green-friendly features, including carpeting made from
recycling materials, paints with low or no volatile organic compounds, and HVAC and LED lighting systems with energy-efficient
controls.
MoreKite Realty is makeover artist for tired shopping centers
March 9, 2013
Cory SchoutenHaving rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
MoreBesides parking, garage could aid Broad Ripple
March 9, 2013
Scott OlsonSome are hoping the structure will lure more business to the neighborhood.
MoreCarmel puts 7-acre parcel up for grabs
March 9, 2013
Kathleen McLaughlinCarmel is finally ready to redevelop the former Party Time Rental site on Range Line Road, a property in which the city has
invested $4 million.
MoreSite swaps could clear the way for $43M Mass Ave project
March 9, 2013
Cory SchoutenCity officials are working on a deal that could result in a new headquarters and downtown station for the Indianapolis Fire
Department, a fresh user for a vacant former car dealership, and long-awaited groundbreaking on a $43 million apartment and
retail redevelopment on Mass Ave.
MoreBallard plans new redevelopment effort for Market Square site
March 7, 2013
Dan Human, Kathleen McLaughlinMayor Greg Ballard, in his annual State of the City speech scheduled for Friday, plans to call for new proposals for the downtown
site that previously was home to Market Square Arena. The city expects the proposals to include a high-rise building with
a major retail component.
MoreLocal housing projects get $3.4M boost from tax credits
March 1, 2013
The Indianapolis developments include new apartments for seniors, the developmentally disabled and homeless veterans, using
sites such as Fort Harrison and the former Central State grounds.
MoreLEADING QUESTIONS: Mainstreet CEO masters efficiency
February 27, 2013
Mason King
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail
on your smart phone? What's it like to take a company public? The real estate exec has answers.
Three years after opening, Indiana Design Center fills
February 23, 2013
Norm HeikensTenants include interior designers, artists, kitchen cabinet firms.
MoreArchitectural firm A2SO4 ordered to cease operations
February 12, 2013
Chris O'MalleyThe Indiana Department of Revenue has revoked the Indianapolis firm's retail merchant certificate, alleging it owes more than
$43,000 in taxes.
MoreDowntown projects face crucial hurdles
February 12, 2013
Tom HartonTwo downtown apartment projects seek critical government approvals in the next month, while another commercial project
is on track to start this year.
MoreCity-County Council approves north-side TIF district
January 29, 2013
Kathleen McLaughlinA new redevelopment area will be created on the north side, as the Indianapolis City-County Council voted 23-5 Monday night
in favor of the North Midtown tax-increment finance district.
MoreButler Automotive snaps up 96th Street parcel for dealership
January 29, 2013
Tom HartonAn affiliate of Butler Automotive Group bought more than 19 acres at the northwest corner of East 96th Street and Randall
Drive in late December and is seeking permission from Carmel to build a structure that would house Butler Hyundai.
MoreAirport neighbors team up on 'AeroVision'
January 26, 2013
Chris O'MalleyMayor Greg Ballard is expected on Jan. 30 to lay out plans for a cross-county economic development area anchored by Indianapolis
International Airport that promises to quell political divisions and clear the way for investment.
MoreFlock plans overhaul of Old Northside apartments
January 22, 2013
Cory SchoutenFlock Real Estate Group plans to spend more than $1 million to renovate side-by-side Old Northside apartment buildings in
the firm's largest solo project to date.
MoreLifestyle mall triggers wave of development at Interstate 69 exit
January 19, 2013
Cory SchoutenFive years after the Hamilton Town Center lifestyle mall opened at a sleepy interchange on Interstate 69 in Noblesville, the
neighborhood is one of the hottest growth markets in the state for retail, residential and medical development.
MoreSoccer stadium could be development springboard
January 19, 2013
Anthony SchoettleLanding a North American Soccer League franchise might be the easiest part of Indianapolis developer Ersal Ozdemir’s
grand plan, which includes building a downtown soccer stadium and surrounding it with retail and residential space.
More$1.5M plan to salvage Di Rimini nears finish line
January 15, 2013
Cory SchoutenThe bank that owns the hulking pile of code violations known as Di Rimini at the southeast corner of Capitol Avenue and St.
Clair Street is poised to invest more than $1.5 million to finish the ill-fated project.
MoreGroup aims to create nation's largest rugby complex
January 12, 2013
Anthony SchoettleA long-vacant drive-in theater just east of Fountain Square soon could be home to the nation’s largest rugby facility.
The Indiana Youth Rugby Foundation has raised $1.2 million for the ambitious project and is seeking another $500,000 to break
ground this spring.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.