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Development/Redevelopment
City delays approval of downtown parking garage
May 24, 2012
Scott OlsonA local developer's plans for a parking garage, part of an $85 million project, met resistance from a city official who said
the structure's design needs to be more "pedestrian-friendly" for the area of Illinois and New York streets.
MoreChildren's Museum selects developer for Winona site
May 23, 2012
Local affordable housing developer The Whitsett Group has been chosen to redevelop the site on North Meridian Street. Its
other major development is a $22 million project set for the former Keystone Towers site.
MoreFirst stage of $85M downtown project up for approval
May 22, 2012
Scott OlsonThe city is set to hear a request on Thursday by a local developer to build a five-story parking garage at the corner of New
York and Illinois streets downtown. The garage is part of a development that would be anchored by a Marsh store.
MoreRetail lineup taking shape for CityWay project
May 22, 2012
Cory SchoutenCityWay has landed a fine dining restaurant, a mixology bar, a Qdoba and a frozen yogurt shop as developer Buckingham Cos.
turns its attention to the retail portion of the $155 million mixed-use project.
MoreMassive Anson project showing residential, retail progress
May 19, 2012
Cory SchoutenDuke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections,
rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects
are likely several years away.
MoreBinford-area neighborhood alliance upping ambitions
May 19, 2012
Kathleen McLaughlinThe two main retail centers in a northeast-side development area will be at 100-percent occupancy when Uncle Bill’s
Pet Express opens in a small space at Binford Boulevard and 71st Street. Binford Area Growth and Revitalization, a super-neighborhood
association better known as BRAG, began striving for this milestone in 2005.
MoreSignature Inns founder plans auto-care franchises
May 17, 2012
Scott OlsonHonest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the
Signature Inns chain to help lead the effort.
MoreNew warehouse ends drought of spec industrial development
May 17, 2012
J.K. WallConstruction on the 794,608-square-foot warehouse will begin in the next two weeks in the AmeriPlex Business Park, officials
of Atlanta-based developer Industrial Developments International said. They hope to complete construction in December.
MoreCity, development group agree to protect Mallory site
May 8, 2012
Tom HartonThose seeking the historic designation hope the four-acre industrial complex will be a catalyst for redevelopment of a stretch
of East Washington Street.
MoreGeorgia Street redevelopment looking old already
May 5, 2012
Cory SchoutenThe newly spruced-up stretch of Georgia Street between the Indiana Convention Center and Bankers Life Fieldhouse is looking
older than its age. Stone pavers are dislodged and stained. The wooden boardwalk is badly discolored. Bollards are askance
after taking hits from errant vehicles.
MoreNew charter school proposed for North Meridian Street
May 4, 2012
Cory SchoutenAn Arizona charter school operator serving middle and high school students has filed plans to build a two-story school at
Meridian and 22nd streets.
MoreLocal developer files to go public in Canada
May 2, 2012
Cory SchoutenA locally based developer and owner of senior health care centers has filed to go public as a real estate investment trust
in Canada.
MoreZoning board rejects Broad Ripple parking garage proposal
May 1, 2012
Scott OlsonMembers of the board voted 5-0 to reject the variance that would have allowed Keystone Group to build the garage and retail
development below the city's recommended flood plain.
MoreJudge orders Clear Channel to sell key Speedway parcel
April 30, 2012
Scott OlsonThe town of Speedway will pay Clear Channel $189,000 for its interest in a key piece of property near the Indianapolis Motor
Speedway.
MoreAnderson officials plan to demolish Emge building
April 30, 2012
Associated PressAnderson officials plan to demolish a former meat-processing plant and convert the 5-acre property into a maintenance and
storage area for the wastewater department.
MoreMilhaus buys 55 acres on Keystone to build 300 apartments
April 21, 2012
Cory SchoutenOne of the most conspicuous local remnants of the condo crash—an unfinished $150 million South Carolina-themed community
near Keystone at the Crossing—could finally be completed, as apartments.
MoreCity gives OK for $60M apartment building on canal
April 18, 2012
Scott OlsonInvestment Property Advisors agreed to reduce the size of the apartment building from 26 stories to 10 stories and from 485
units to 319 units to help gain support from the city.
MoreManufacturer plans distribution center in Plainfield
April 17, 2012
IBJ StaffWisconsin-based Regal Beloit Corp. has hired Browning/Duke Realty to build a 376,000-square-foot distribution center in Plainfield,
the company announced Tuesday.
MoreDecision on Broad Ripple garage delayed again
April 17, 2012
Scott OlsonThe two-week continuance granted to remonstrators on Tuesday by the Metropolitan Board of Zoning Appeals follows a previous
seven-day delay. The board is set to consider a zoning variance for the $15 million project on May 1.
MorePlan envisions hot growth for downtown Indianapolis
April 14, 2012
Cory SchoutenA study commissioned by the office of Mayor Greg Ballard envisions a much more densely populated, walkable downtown core stretched
by several blocks and supported by another Circle Centre mall's worth of retail and enough new office space to double
the size of Chase Tower.
MoreLoss of St. Francis puts Beech Grove at crossroads
April 14, 2012
Cory SchoutenThere is a mix of sadness, grief and anger in Beech Grove, as Franciscan Alliance moves the last of its inpatient and emergency
operations from its nearly 100-year-old Beech Grove hospital to the new Franciscan St. Francis facility at Stop 11 Road and
Emerson Avenue.
MoreNorth-side neighborhood groups pursuing Fall Creek revitalization
April 14, 2012
Destination Fall Creek calls for restoring the waterway's recreational value and redeveloping 60 acres of adjacent property.
MoreCity approves design of $45M downtown project
April 12, 2012
Scott OlsonPlans call for the vacant, two-story former Bank One Operations Center at the northwest corner of Washington and East streets
to be converted into a five-story apartment building with office or retail space on the first floor.
MoreBoard delays decision on Broad Ripple parking garage
April 10, 2012
J.K. WallAn attorney for Keystone Construction Corp. asked the five-member board to delay a hearing on the garage to allow the developer
to meet with officials from the City of Indianapolis’ Department of Public Works about construction of a levee system
along White River.
MoreSMC plans $19M Noblesville expansion, 163 jobs
April 10, 2012
IBJ StaffSMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for
an additional 163 employees by 2017, the company announced Tuesday.
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A non-compete clause is expected to keep Buchman from appearing on-air at WTHR for a year from the WISH contract’s expiration.
In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.