Historic Preservation

Bush Stadium rehab is Watson's latest creative projectRestricted Content

July 16, 2011
Katie Maurer
Longtime Indianapolis developer launches spirited attempt to save baseball palace.
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Owner of several properties south of Mass Ave starts to divest

June 28, 2011
Tom Harton
The pending sale of two historic buildings and a vacant lot just south of Massachusetts Avenue is the first of what could be several deals in the area as one of its largest property owners begins to divest its holdings.
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Carmel home is not-your-average caddy shackRestricted Content

June 25, 2011
Katie Maurer
Mike and Sally Kerr can see directly to the past as they walk around their Southern plantation-style residence built completely around the walls of Woodland Country Club's original club house.
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Tentative settlement reached in lawsuit over historic church

June 21, 2011
Tom Harton
A provisional settlement in a federal lawsuit filed last September against the city by St. John United Church of Christ gives parties in the case six months to find a buyer for the nearly 100-year-old church.
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Ratio finishing City Market design work

May 17, 2011
Scott Olson
The architectural firm is set to be awarded a $120,000 contract to complete the work after the original designer of the renovations, Woollen Molzen and Partners Inc., disbanded last month.
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Fountain Square project to include concert venue

May 17, 2011
Tom Harton
The new owner of a 110-year-old building in the heart of Fountain Square is planning a renovation and expansion that will turn it into a restaurant, bar and 450-seat music hall called Pioneer.
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School moving to vacant downtown building

May 3, 2011
Tom Harton
A small private school that serves gifted and talented students intends to move to a downtown building that has been vacant since a daycare center moved out three years ago.
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Two area landmarks make ‘Most Endangered’ list

May 2, 2011
This year's list compiled by Indiana Landmarks includes the Taggart Memorial at Riverside Park in Indianapolis and a portion of historic downtown Greenwood.
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Rethinking Monument Circle in Indianapolis

April 30, 2011
Gabrielle Poshadlo
IBJ gathered advice from local and national experts about what should be done to improve the city's most prominent public space and where Indianapolis should look for inspiration.
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Cook applied business mindset to historic preservation

April 24, 2011
Associated Press
Colleagues say Bill Cook began each historic restoration contemplating what practical use each newly polished structure might serve, and how it might spark development around it.
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Fairgrounds officials consider Pepsi Coliseum overhaul

April 16, 2011
Anthony Schoettle
Indiana State Fairgrounds officials are laying the groundwork for a massive Pepsi Coliseum renovation that could cost tens of millions of dollars and transform the inside of the 72-year-old landmark.
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Bill Cook, medical device magnate and philanthropist, dies at 80

April 15, 2011
 IBJ Staff and Associated Press
The founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics department.
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IU Foundation buys Indiana Landmarks' canalside offices

March 7, 2011
Kathleen McLaughlin
The Indiana University Foundation will move its Indianapolis staff from an office on North Meridian Street.
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Group's demolition plan draws ire of preservationists

March 4, 2011
Francesca Jarosz
A proposal by Keep Indianapolis Beautiful to bulldoze four century-old homes near Fountain Square has sparked a battle between the neighborhood beautification group and some of its typical allies: historic preservationists.
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Broad Ripple raising money to preserve historic buildings

February 22, 2011
Tom Harton
A movement to protect historic buildings in Broad Ripple could target as many as 60 properties.
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Summit Realty plans to grow into new headquarters

December 11, 2010
Cory Schouten
Summit Realty Group is building out a new headquarters in a historic downtown building as its principals embark on an aggressive growth plan for the privately held company.
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Cosmopolitan apartment fire prompts lawsuit

December 8, 2010
Scott Olson
The insurer for Indiana Landmarks is suing developer Flaherty & Collins, claiming negligence in a blaze that partially destroyed the apartment project and damaged the not-for-profit's adjacent headquarters.
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City Market tenant agrees to move to alternate space

December 7, 2010
Scott Olson
Under a settlement, the Indianapolis City Market dropped its attempts to evict the Grecian Garden after the restaurant said it would relocate to accommodate a renovation.
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Historic downtown building poised for overhaul

November 30, 2010
Tom Harton
DLZ Indiana closed in September on the century-old building at 157 E. Maryland St. and plans to spend nearly $2.3 million renovating it.
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Gatling Gun Club building set for auction

November 10, 2010
Scott Olson
The historic structure at 709 N. Illinois St., along with a nearby parking lot, could be sold Wednesday afternoon. Declining membership and rising costs led the private club to seek a sale of the 160-year-old building.
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Part of City Market renovation project put on hold

November 4, 2010
Francesca Jarosz
City planners have downsized their renovation plans because project bids came in too high to meet the $2.7 million budget.
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Indiana Landmarks selling downtown headquarters

October 7, 2010
Scott Olson
The building housing the not-for-profit's current headquarters on the Central Canal is listed for $3.1 million. The not-for-profit is moving into the former Central Avenue Methodist Church in the spring.
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Good News Ministries eyes using ex-motel to house homeless

October 6, 2010
Kathleen McLaughlin
Residents of Irvington are split over whether to support turning the former Indy East Motel into housing for homeless families.
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Tired-but-proud school buildings find new missions

September 25, 2010
Chris O'Malley
More unneeded buildings are slated to be sold off by Indianapolis Public Schools, but creative people have turned other former schools into reuse gems.
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Hoosier Lottery moving to Meridian Street building

September 21, 2010
Tom Harton
The lottery will move in January to the Buick, a 60,000-square-foot building at 13th and Meridian streets owned by principals of Shiel Sexton Construction.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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