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Development/Redevelopment
Tax caps zap schools in Zionsville; Lebanon district awash in cash
March 31, 2012
J.K. WallChanges made five years ago in state property-tax laws have strangled the school district in wealthy Zionsville, while schools
in neighboring blue-collar Lebanon are in solid financial shape.
MoreCity narrows field of contenders vying to develop Mass Ave parcel
March 31, 2012
Cory SchoutenA midrise mix of apartments and first-floor retail is the most likely replacement for a 1.45-acre Mass Ave parcel occupied
by the Indianapolis Fire Department.
MorePenn Arts owner buys historic apartment building
March 31, 2012
The Piccadilly, at 16th and Pennsylvania streets, will undergo a historically sensitive renovation of its 58 units.
MoreIU breaks ground on $25M lab building at IUPUI
March 28, 2012
Scott OlsonThe facility at IUPUI will include nearly 34,000 square feet of research and classroom space and is the first phase of a planned
two-stage project to improve the university's research facilities.
MoreMass Ave project surrounding Barton Tower gets state OK
March 27, 2012
Tom HartonA partnership of Flaherty & Collins Properties and Insight Development Corp. was awarded rental housing tax credits by
the state that will be sold to finance construction of a 61-unit, $11.5 million apartment project at 555 Massachusetts Ave.
MoreMuch smaller project would fill former Venu site
March 24, 2012
Cory SchoutenA parcel of overgrown bank-owned property with a leaky roof at the southwest corner of East 86th Street and Keystone Avenue
may finally be poised for redevelopment: A Wisconsin firm has the 6.4 acres under contract and is putting together plans for
a retail strip, a couple of restaurants and possibly a hotel.
MoreDecision on canal residential project delayed again
March 22, 2012
Scott OlsonThe Metropolitan Development Commission moved a vote on the proposal to April 18 after expressing concern that it didn't have
enough time to review plans that reduce the project from 26 stories to 10. The developer criticized the delay.
MoreDeveloper scales back plans for tower along Central Canal
March 20, 2012
Scott OlsonThe firm behind a proposed downtown apartment tower designed for college students has slashed its height from 26 to 10 stories
to improve its chances of winning city approval.
MoreIrvington apartment, streetscape projects clear hurdles
March 20, 2012
Tom HartonTwo 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.
MorePopular barbershop gets makeover from community
March 18, 2012
Associated PressWhiteland 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.
MoreOzdemir emerges as powerhouse in Indianapolis real estate
March 17, 2012
Cory SchoutenKeystone 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.
MoreDeal rekindles $45M downtown project
March 17, 2012
Cory SchoutenFormer 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.
MoreIndianapolis bond bank chief Kintner is clutch hitter
March 10, 2012
Sam StallDeron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing
is scarce.
MoreMass 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.
MoreFixes to historic preservation tax credits may have to wait
March 6, 2012
Cory SchoutenFixes 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.
MoreOhio River bridge plan calls for tolls on 3 spans
March 5, 2012
Associated PressThe 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.
MoreWest-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.
MoreSpeedway's plan for roundabout hits snag over billboard
February 27, 2012
Scott OlsonThe 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.
MorePan Am Plaza redevelopment brewing
February 25, 2012
Anthony SchoettleThe 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.
MoreCityWay designed to integrate retail, housing, hotel, YMCA
February 25, 2012
Marc D. AllanArchitects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
MoreTechnology helps Ivy Tech marry new, old construction
February 25, 2012
Scott Olson3-D scans match former hospital with building plans.
MoreIndustrial spec development making a comeback
February 21, 2012
Tom HartonSpeculative 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.
MoreCity aims to erase surface parking for developments
February 18, 2012
Cory SchoutenSeveral 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.
MoreAbandoned gas stations both vex, brim with promise
February 18, 2012
Sam StallThe trick is to determine in advance just how expensive and lengthy that cleanup might be.
MoreTax credits spur city apartment construction
February 18, 2012
Scott OlsonIncrease in federal funding helps developers finance projects that include mixed-income rental housing.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!