Development/Redevelopment

Irvington apartment, streetscape projects clear hurdles

March 20, 2012
Tom Harton
Two significant construction projects are closer to starting in Irvington, where the district’s East Washington Street commercial corridor is bouncing back even as one of its key buildings faces demolition.
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Popular barbershop gets makeover from community

March 18, 2012
Associated Press
Whiteland residents have rallied around a beloved barber who has been cutting hair in the Johnson County community for more than four decades by helping him remodel his shop.
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Ozdemir emerges as powerhouse in Indianapolis real estateRestricted Content

March 17, 2012
Cory Schouten
Keystone Group, Turkish immigrant Ersal Ozdemir's 10-year-old development firm, is orchestrating some of central Indiana’s most ambitious projects, including a $15M Broad Ripple parking garage and the $60M million mixed-use Sophia Square in Carmel.
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Deal rekindles $45M downtown projectRestricted Content

March 17, 2012
Cory Schouten
Former partners in Kosene & Kosene Development have settled a legal dispute that jeopardized redevelopment of the vacant former Bank One Operations Center downtown. Milhaus Development has until May 1 to begin construction.
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Indianapolis bond bank chief Kintner is clutch hitterRestricted Content

March 10, 2012
Sam Stall
Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.
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Mass Ave restaurant plans clear first hurdle

March 9, 2012
The city's Historic Preservation Commission has approved rezoning and variance requests for two buildings sought by the owners of Broad Ripple's Brugge Brasserie just south of the intersection of Massachusetts and Park avenues.
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Fixes to historic preservation tax credits may have to wait

March 6, 2012
Cory Schouten
Fixes to the state's historic preservation tax credit program pushed by Indiana Landmarks may have to wait another year after the Indiana Senate put the brakes on a bill that garnered unanimous support from the Indiana House.
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Ohio River bridge plan calls for tolls on 3 spans

March 5, 2012
Associated Press
The governors of Indiana and Kentucky on Monday agreed to use tolls to pay for two new Ohio River bridges and a revamped Interstate 65 bridge over the river, all in the Louisville metropolitan area.
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West-side apartment complex to house veterans

February 29, 2012
Lincoln Apartments is set to be built on the city's west side, near the Richard L. Roudebush VA Medical Center. The project will be financed with $11 million in rental housing tax credits.
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Speedway's plan for roundabout hits snag over billboard

February 27, 2012
Scott Olson
The Speedway Redevelopment Commission is threatening eminent domain against Clear Channel Outdoor Inc. because the billboard company won't relinquish its lease rights at a key intersection.
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Pan Am Plaza redevelopment brewingRestricted Content

February 25, 2012
Anthony Schoettle
The two entities that control the future of Pan Am Plaza have come to an agreement that could lead to the redevelopment of one of the most valuable parcels downtown.
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CityWay designed to integrate retail, housing, hotel, YMCARestricted Content

February 25, 2012
Marc D. Allan
Architects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
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Technology helps Ivy Tech marry new, old constructionRestricted Content

February 25, 2012
Scott Olson
3-D scans match former hospital with building plans.
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Industrial spec development making a comeback

February 21, 2012
Tom Harton
Speculative development is returning to the modern bulk industrial market after a four-year drought, with at least two projects preparing to break ground this spring and another in the works.
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City aims to erase surface parking for developmentsRestricted Content

February 18, 2012
Cory Schouten
Several downtown surface parking lots are targeted for redevelopment, with a couple already well on their way to being filled with a mixture of commercial and residential projects.
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Abandoned gas stations both vex, brim with promiseRestricted Content

February 18, 2012
Sam Stall
The trick is to determine in advance just how expensive and lengthy that cleanup might be.
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Tax credits spur city apartment constructionRestricted Content

February 18, 2012
Scott Olson
Increase in federal funding helps developers finance projects that include mixed-income rental housing.
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Downtown officials outline future plans for Georgia Street

February 13, 2012
Anthony Schoettle
The three-block stretch that served as the Super Bowl Village will complement, not compete with, traditional downtown gathering places such as Monument Circle, officials said.
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Foundation finds buyer for 16th Street buildings after 6-year search

February 7, 2012
Tom Harton
Two brothers purchased the pair of connected buildings at the northwest corner of 16th and Alabama streets and will use the property for a 50-seat café and the offices for Nottingham Realty Group.
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New mixed-use project holds promise for building across street

January 31, 2012
Tom Harton
An 82-year-old downtown commercial building that’s had trouble luring tenants is suddenly positioned to thrive courtesy of an $85 million mixed-use project planned for a site right across the street.
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Purchase lifts effort to develop MSA siteRestricted Content

January 28, 2012
Kathleen McLaughlin
A community development corporation linked to the city of Indianapolis has bought the 1.87-acre parking lot that borders the former Market Square Arena site, a move that some say could be the catalyst to finally redeveloping the entire vacant site.
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Apartments rev up residential revival downtownRestricted Content

January 28, 2012
Cory Schouten
An apartment building spree downtown is getting fresh fuel with an $85 million mixed-use development that will be anchored by a Marsh grocery.
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Marsh to anchor massive new downtown development

January 24, 2012
Cory Schouten
A local developer plans to build a Marsh grocery store and hundreds of apartments in an $85 million project that would replace a block and a half of surface parking lots in the northwest quadrant of downtown.
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Brugge owners eye downtown buildings for brewery, eatery

January 10, 2012
Tom Harton
Owners of Broad Ripple’s Brugge Brasserie want to bring a new restaurant concept to the Massachusetts Avenue district downtown, where they also plan to relocate the craft brewery that supplies beer to Brugge.
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Local developer rescues 1913 apartment building from wrecking ball

January 3, 2012
Cory Schouten
A local developer and historic preservation group have teamed up to save a 1913 apartment building near the Children's Museum from demolition.
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  1. This is still my favorite Mexican restaurant in town. What I do love about the new version is it is much quieter than the most recent version. TV's were off, the music wasn't too loud, and the wait staff were not hyperactive like they had been the past few times I had been there. I just wish they would bring back the MOLE for the enchiladas!

  2. Not a bad paper. There is a need for local community news and city government issues. Don't really need the owner's constant national political rants. We all know where they stand by now.

  3. What nice people. Menard should've known better than to team up with the guy who robbed and drove Conseco to ashes. I'm surprised Timothy Durham isn't involved in this.

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  5. It is beyond me how anyone can think this was a "bad deal" for the state! If they could take the money back then, yes, but they can't! Protections were built in the agreement. Now, if they roll the roads up and take them away, I will agree that it was a bad deal. Otherwise, the only way to have paid for the infrastructure that was badly needed was for the state to issue bonds....that is a four letter synonym for debt folks!!

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