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Development/Redevelopment
Foreclosure washes away water park plans in Fishers
November 24, 2010
Scott OlsonDeveloper Puller Group has agreed to relinquish a high-profile property approved for a massive water park and retail project
to lender Fifth Third Bank following a months-long legal battle over an $8.6 million loan.
MoreKeystone plans mixed-use project on Madison Avenue
November 23, 2010
Cory SchoutenA local developer is planning a $2 million mixed-use project for a vacant parcel along Madison Avenue just south of downtown.
MoreStart of downtown North of South project in flux
November 22, 2010
Scott OlsonThe developer of the $150 million mixed-use project in downtown Indianapolis had hoped to start construction by the end of
the year. But delays in getting the project zoned properly likely will move the start date back.
MoreDiversity key to west-side revitalization plan
November 20, 2010
Francesca JaroszOver the last few months, a wave of events has given momentum to grass-roots efforts to revive the West 38th Street corridor
and its broader neighborhood, which includes Lafayette Square Mall.
MoreState gives Speedway $2.9M for blight cleanup
November 17, 2010
IBJ Staff and Associated PressIndiana Lt. Governor Becky Skillman says the grant will pay to demolish old building foundations, deteriorated pavement and
concrete slabs in the downtown business district.
MoreTrail Side project faces another hurdle
November 16, 2010
Tom HartonA $10 million apartment and retail building planned for 875 Massachusetts Ave. was supposed to have broken ground by now.
But difficulty in closing the sale of tax credits that will be used to finance the project could cause the deal to unravel.
MoreRedevelopment planned for vacant car dealership
November 9, 2010
Tom HartonThe 2.5-acre property might be retrofitted by late spring for fast-food, retail and possibly medical office users.
MorePart of City Market renovation project put on hold
November 4, 2010
Francesca JaroszCity planners have downsized their renovation plans because project bids came in too high to meet the $2.7 million budget.
MoreDowntown apartment developers take divergent paths to financing
October 30, 2010
Cory SchoutenJ.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned
to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
MoreIndianapolis-area experts see bright spots amid ongoing real estate weakness
October 23, 2010
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ
Power Breakfast.
MoreConsulate buys East Street space, leaving Union Station
October 19, 2010
Tom HartonThe Mexican Consulate has been a tenant at the city-owned Union Station since it opened an office here in November 2002. The
new site will more than quadruple its space.
MoreCity pitching in $38M for $192M Clarian project
October 14, 2010
Cory SchoutenThe city is kicking in up to $38 million for infrastructure upgrades to support a massive expansion of the Clarian Health
campus at 16th Street and Capitol Avenue.
MoreGeorgia Street reconstruction project starts underground
October 9, 2010
IBJ StaffWork is under way on the $12.5 million transformation of a three-block stretch between Pennsylvania Street and Capitol Avenue
into a pedestrian-friendly corridor.
MoreCity not impressed with fixes proposed by Di Rimini developer
October 9, 2010
IBJ StaffDeveloper Jeff Sparks met with city planners Oct. 1 to propose fixes to the apartment project at Capitol Avenue and St. Clair
Street.
MoreGood News Ministries eyes using ex-motel to house homeless
October 6, 2010
Kathleen McLaughlinResidents of Irvington are split over whether to support turning the former Indy East Motel into housing for homeless families.
MoreEstridge scales back Symphony development in Westfield
October 5, 2010
Scott OlsonThe Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based
home builder’s 436-acre Centennial development, also in Westfield.
MoreEDITORIAL: East 10th Street project can be repeated
October 2, 2010
When people see what’s happening on and near East 10th Street—and they will, thanks to the Super Bowl connection—they’ll
see what’s possible and, we hope, join similar efforts.
MoreLegal fight over Pan Am Plaza outpaces redevelopment
October 2, 2010
Cory SchoutenPlaintiffs are challenging the city's 2007 decision to waive a hefty fee that otherwise would have been required to redevelop
the crumbling site.
MoreSite chosen for proposed Westfield sports complex
September 28, 2010
Anthony SchoettleThe Hamilton County sports and recreation campus—known as the "Family Sports Capital of America"—is expected to
occupy 300 acres and cost millions to fully develop.
MoreDolce hotel, YMCA part of city-funded 'North of South' development
September 27, 2010
Scott OlsonThe city plans to issue bonds and use tax-increment financing to fund the $150M project, which also will include 320 high-end
apartments and 40,000 square feet of retail space. Construction should begin this year.
More$150M 'North of South' project moving ahead
September 27, 2010
IBJ StaffOfficials are announcing details of an ambitious downtown development planned for 10 acres Eli Lilly and Co. owns near its
Indianapolis headquarters. The project will include a hotel, apartments, restaurants and retail space and a YMCA.
MoreIndiana Convention Center might need yet another expansion
September 25, 2010
Katie MaurerThe current expansion has absorbed the last of the adjoining space, leaving the convention center landlocked.
MoreTired-but-proud school buildings find new missions
September 25, 2010
Chris O'MalleyMore unneeded buildings are slated to be sold off by Indianapolis Public Schools, but creative people have turned other former
schools into reuse gems.
MoreEast-side residents forge $100M plan to renew neighborhood
September 25, 2010
Francesca JaroszSince 2004, residents and community leaders in the area just east of downtown—including Boner Center chief James Taylor—have
raised more than $100 million to improve their neighborhood. The deployment of so many resources to one area is almost unprecedented
in Indianapolis.
MoreCity meets deadline to get federal money for housing projects
September 25, 2010
IBJ StaffThe $29 million will be used to acquire and demolish or rehabilitate foreclosed and abandoned homes.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.