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Development/Redevelopment
Beech Grove mayor starts process to form CDC
July 27, 2012
Scott OlsonMayor Dennis Buckley on Friday requested the establishment of a community development corporation with a signed proclamation,
which will be presented to the city's development commission for consideration. He hopes to have it operating within the next
month.
MoreCityWay sells out first phase of apartments
July 26, 2012
Cory SchoutenDeveloper Buckingham Cos. has taken deposits for all 100 apartments in the first phase of its $155 million CityWay project
at Delaware and South streets in downtown Indianapolis.
MoreLarge Broad Ripple apartment complex slated for $10M renovation
July 21, 2012
New owner of property bought out of foreclosure seeks city revenue bonds, state low-income housing tax credits.
MoreDealmaking, construction picking up on Speedway's Main Street
July 17, 2012
Tom HartonThe six-block stretch just outside the front door of the historic Indianapolis Motor Speedway was desolate when the town of
Speedway formed a redevelopment commission in June 2005.
MoreMeadows neighborhood developer aims for retail
July 14, 2012
New housing, health facility could help attract grocer.
MoreCity launches extensive rezoning initiative
July 10, 2012
Tom HartonThe nearly $2 million effort, named Indy Rezone, is being steered by city planners, private developers, elected officials,
architects, community activists and others.
MoreBoard's ruling puts Fall Creek home sites back on market
July 7, 2012
Cory SchoutenBuyers have quickly snapped up two home sites and the city might sell seven more on a stretch of Broadway Street where The
Oaks Academy had hoped to build a soccer field.
MoreRivoli Theatre finally cleared for comeback
July 3, 2012
Tom HartonA legal battle that had threatened the east-side landmark has been settled, and a $300,000 grant has been secured to begin
stabilizing it.
MoreCommission to recommend more limits on local TIFs
June 28, 2012
Kathleen McLaughlinA study commission on tax-increment financing will vote Thursday evening on a set of policy recommendations that would limit
the use of TIF districts in Indianapolis.
MoreTIF study highlights district shortfalls
June 23, 2012
Kathleen McLaughlinThe tax-increment finance district created around the former United Airlines maintenance hub at Indianapolis International
Airport doesn’t generate enough revenue to meet its annual debt payment. Neither do several other area TIF districts.
MoreWhitsett's Lockerbie project will be market rate
June 19, 2012
Tom HartonWhitsett was counting on selling state-issued affordable housing tax credits to finance the $27 million project, but it wasn’t
among the projects awarded credits.
More16 Park developer to rebuild after 'heartbreaking' fire
June 18, 2012
Scott OlsonThe Friday blaze engulfed a four-story, 28-unit apartment building due to open this fall as part of the $34 million 16 Park
project. The Indianapolis Housing Agency says construction will resume as soon as possible.
MoreCause, origin of apartment building fire undetermined
June 16, 2012
IBJ Staff and Associated PressThe fire destroyed part of 16 Park, a $34 million affordable housing development that's intended to help spur a revival
of the 16th Street corridor.
MoreBuckingham recruiting tenants for CityWay office building
June 16, 2012
Structure to be built steps away from Rolls-Royce, Lilly and newly built apartments and retail space.
MoreIllinois Place apartments planned for former Winona site
June 13, 2012
Scott OlsonThe $6.5 million project, led by the Children's Museum of Indianapolis, will include 50 apartment units, 22,000 square feet
of commercial space and a 2-acre park. Construction could start by the end of the year.
MoreAngie's List CEO Oesterle grows east-side footprint
June 9, 2012
Kathleen McLaughlinBill Oesterle’s firm Henry Amalgamated has purchased 48 properties in the Holy Cross neighborhood from 2006 through
this May. Nearly 40 percent of those purchases have been made since Angie’s List struck a $7.1 million incentives deal
with the city of Indianapolis in October.
MoreSpec office building near Keystone to be first since 2008
June 9, 2012
Cory SchoutenA local developer plans to break ground this month on a three-story office building near Keystone at the Crossing that would
be the market’s first speculative office development in four years.
MoreKeystone revamps Broad Ripple garage after zoning defeat
June 9, 2012
Cory SchoutenThe developer of a $15 million parking garage and retail project in Broad Ripple has overhauled its plans to comply with flood-plain
rules and expects to start construction this month.
MoreStudy proposed on future of Anderson's Wigwam gym
June 6, 2012
Associated PressAn architect is proposing a study for finding a new use for Anderson's closed Wigwam gymnasium, possibly turning it into
a convention center.
MoreProposal calls for city planners to consider non-drivers
June 4, 2012
Chris O'MalleyPlanners designing roads would formally be required to look beyond the needs of motorists and pedestrians—to also
consider bicyclists and public transportation users—under an ordinance to be considered Monday night by the City-County
Council.
MoreDeveloper ups retail ambitions for 86th-and-Keystone site
June 2, 2012
Cory SchoutenA Wisconsin developer has beefed up plans for the southwest corner of East 86th Street and Keystone Avenue across from The
Fashion Mall at Keystone.
MoreMainstreet signs operator for new health care properties
May 30, 2012
Kathleen McLaughlinA Cicero-based developer has signed a national senior-living company to operate four new properties it plans for Indiana.
MoreCityWay developer funding downtown murals
May 30, 2012
Kathleen McLaughlinThe CityWay development is generating more work for artists—this time three Indiana muralists who will paint the facades
of downtown-Indianapolis rail bridges.
MoreBuckingham reviving Gramercy project with smaller plans
May 29, 2012
Kathleen McLaughlinBuckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version
of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six
years ago.
MoreGreenwood eyes more office parks for I-65 corridor
May 29, 2012
Associated PressGreenwood Mayor Mark Myers wants to see more offices, corporate headquarters and medical facilities along Interstate 65. He's
been meeting with business owners and developers in the area to discuss ways they can team up to pursue that goal.
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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.