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Development/Redevelopment
Indianapolis Housing Agency pulls off big tax credit deal
March 13, 2010
Tom HartonCity agency plans renovations, expansions at eight apartment properties.
MoreHuge tax-credit deal will fund rehab of 538 apartment units
March 9, 2010
Tom HartonThe largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned
by the Indianapolis Housing Agency.
MoreMotorsports park proposed for southwest side of Indy
March 6, 2010
IBJ StaffPlans call for a Motocross track, one-fifth-mile dirt track and ATV trails on
36 acres near Interstate 465 and Mann Road.
MoreMass Ave project works toward April approval
March 2, 2010
Tom HartonTrail Side on Mass Ave would include 69 one-bedroom apartments and about 23,000 square feet of ground-level retail space.
MoreStutz Business Center owner purchases Canterbury Hotel
March 1, 2010
Scott OlsonTurner Woodard has purchased the historic Canterbury Hotel on South Illinois Street. He said the hotel fits his vision of
turning around properties and making them profitable.
MoreRedevelopment planned for site of former juvenile facility
February 27, 2010
Cory SchoutenKing Park Area Development Corp. is preparing to approach developers interested in submitting plans for the 1.8-acre site,
the equivalent of about eight residential lots.
MoreDisagreement about parking delays project on Meridian Street
February 27, 2010
IBJ StaffA local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
MoreBrookfield deal doesn't put Simon out of General Growth game
February 25, 2010
Bloomberg NewsThe bid by Simon Property was an "initial salvo" and the Brookfield plan likely will prompt a new offer from the Indianapolis-based
mall owner, real estate research analyst says.
MoreAirport picks team to study re-use of land at old terminal site
February 19, 2010
Chris O'MalleyThe Indianapolis Airport Authority's plan for the next "30 to 50 years" starts with a team tapped Friday morning.
Five firms will study ways to use airport property, including the former passenger terminal.
MoreApartment developer plans 217 units in Lawrence
February 19, 2010
Cory SchoutenJ.C. Hart Co. is designing plans for a $17 million upscale apartment community as part of the master-planned Lawrence Village
at the Fort.
MoreBlackstone may join Simon's bid for General Growth
February 19, 2010
Bloomberg NewsBlackstone Group LP, the world's largest private-equity firm, may join Simon Property Group Inc.'s bid to buy bankrupt
General Growth Properties Inc., according to two people with knowledge of the discussions.
MoreAirport ready to embark on redevelopment plan
February 17, 2010
Scott OlsonIndianapolis Airport Authority CEO John Clark revealed Tuesday evening that he is ready to proceed with a plan that could
transform the former terminal site into a hub for urban development.
MoreCity lists former Winona Hospital for sale
February 4, 2010
Peter SchnitzlerIndianapolis' Metropolitan Development Commission sets $667,500 minimum price for the long-vacant property at Meridian and
32nd Streets.
MoreSuper Bowl legacy project taking shape on east side
February 3, 2010
Scott OlsonA revitalization project that helped Indianapolis land the 2012 Super Bowl is beginning to take
shape. Organizers hope to build and rehab about 300 housing units, including the Jefferson Apartments "homeownership
incubator."
MoreClarian eyes vacant Levitz space for office, warehouse use
February 2, 2010
Kathleen McLaughlinClarian Health Partners is considering converting a long-vacant, 180,000-square-foot Levitz furniture store on East Washington
Street into a center for home-health and pharmacy services.
MoreApartment developer investing $100M in Hamilton projects
January 30, 2010
Cory SchoutenCarmel-based developer J.C. Hart Co. is making a $100 million bet that luxury apartment communities will continue to thrive
in Hamilton
County, particularly along 146th Street.
MoreShiel Sexton plans $50M project near Methodist Hospital
January 16, 2010
Cory SchoutenThe local construction company is drawing up plans for a mixed-use project with offices, a parking garage and retail space
on several parcels it owns near Capitol Avenue and 16th Street.
MoreBuckingham tapped to develop mixed-use project near IUPUI
January 2, 2010
IBJ StaffFormer YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
MoreBank buys part of property targeted for Fishers water park
December 24, 2009
Scott OlsonA high-profile piece of land in Fishers that is part of a proposed hotel and water park project has been bought by the bank
that foreclosed upon it.
MoreTrustee chooses $20.5 million Buckingham plan for old YMCA
December 23, 2009
Cory SchoutenThe Center Township Advisory Board has picked Buckingham Cos. to redevelop a 2-acre property it owns
at 860 W. 10th St. near the IUPUI campus.
MoreBinford group plots next steps in retail revival
December 15, 2009
Tom HartonThe commercial area at 71st Street and Binford Boulevard is recovering from its funk, but a true transformation hinges on
implementing a master plan.
MoreCity mulls 6 proposals for use of Old City Hall
December 5, 2009
Peter Schnitzler
Visions for the empty historic building range from offices to a museum. Two developers propose a boutique hotel on an adjacent parking lot. Video bonus: Tour the landmark's interior.
Indiana Ice plan to build $12 million hockey facility
December 2, 2009
Scott OlsonIce Sports and Entertainment, the owner of the Indiana Ice hockey team, announced Wednesday afternoon that it plans to
build a complex that could contain up to four skating rinks and house the Indiana/World Skating Academy.
MoreTopping off planned for JW Marriott hotel
November 28, 2009
IBJ StaffThe 34-story hotel, the city's largest, is scheduled to open in 2011.
MoreNeighborhood revitalization group calling it quits
November 24, 2009
IBJ StaffBOS Community Development Corp., created in 1982 to revitalize the Indiana Avenue and Midtown area, says its mission is accomplished.
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.