Historic Preservation

$69M U.S. Courthouse modernization a boon for local firms

June 29, 2010
Cory Schouten
More than a dozen local companies have begun work on a three-year modernization of the Birch Bayh Federal Building and U.S. Courthouse in the state's largest individual project funded by the federal stimulus.
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Fort Ben home, condos fail to sell at auction

June 24, 2010
Cory Schouten
Auction turns up no buyers for the former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old Army base.
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Fort Ben home, condos headed to auction

June 8, 2010
Tom Harton
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
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Group plans reuse of historic former elementary school

June 3, 2010
Cory Schouten
A former elementary school built in 1905 is getting a new use for the second time since the last schoolchildren departed in 1979.
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Ivy Tech set to break ground on new downtown building

May 24, 2010
 IBJ Staff and Associated Press
Ivy Tech Community College is set to start new construction at a former hospital site next to its downtown Indianapolis campus.
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MOUNAYAR: Indianapolis should rediscover public spaces

May 8, 2010
Michel Mounayar
Too few of the city's revitalization projects are connected by attractive sidewalks, streets, gardens and plazas.
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Work begins on Penn Arts apartment, retail project

May 1, 2010
 IBJ Staff
Renovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two equity partners for the project because banks were unwilling to lend.
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Historic preservation group poised to expand roleRestricted Content

April 17, 2010
Kathleen McLaughlin
Historic Landmarks' endowment is down sharply, but executives believe they can afford to take on the cultural-events-center project.
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Cook promises Old Centrum work will be done by year-end

April 13, 2010
Kathleen McLaughlin
Philanthropist Bill Cook will manage a $7 million restoration of the former Old Centrum building at 12th Street and Central Avenue in Indianapolis, and the newly renamed Indiana Landmarks will move its headquarters there.
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Historic Landmarks to announce move, name change

April 12, 2010
Kathleen McLaughlin
Historic Landmarks Foundation of Indiana is expected to announce Tuesday that it will move its headquarters to the Old Centrum at 12th Street and Central Avenue in Indianapolis.
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Stutz Business Center owner purchases Canterbury Hotel

March 1, 2010
Scott Olson
Turner 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.
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Restoration planned for landmark Old Centrum propertyRestricted Content

February 27, 2010
Cory Schouten
The Historic Landmarks Foundation of Indiana plans to acquire the Romanesque Revival former church and is considering moving its headquarters there.
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Disagreement about parking delays project on Meridian Street

February 27, 2010
 IBJ Staff
A local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
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Senator backs down on bill altering historic-district rules

February 11, 2010
Cory Schouten
Sen. Patricia Miller will put on hold a bill that would have have stripped the Indianapolis Historic Preservation Commission of much of its authority. The bill was prompted by incidents including a dispute over St. John United Church of Christ.
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City 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.

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Indiana Historical Society lands $2M for new exhibits

December 4, 2009
Kathleen McLaughlin
Dubbed the "Indiana Experience," the exhibits represent the first ticketed tourist attraction at the society's headquarters building.
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Indianapolis looks to Cleveland, Philadelphia for City Market examples

November 21, 2009
 IBJ Staff
The troubled Indianapolis City Market is looking East for a new direction. This summer, its executive director, Jim Reilly, visited Philadelphia and Cleveland to observe their successful urban markets and seek pointers that might be applied here.
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Construction under way on downtown condo conversion

November 14, 2009
 IBJ Staff
The Shelton, a five-story building on Delaware Street, is getting a $3 million makeover.
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City Market board sought 3-year closure for redevelopment

November 3, 2009
Peter Schnitzler
Board president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until 2013 for major renovation.
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Law firm sticks with unconventional space

October 20, 2009
Tom Harton
With its expansion last month into the historic Eden-Talbott House at 1336 N. Delaware St., the local environmental law firm Plews Shadley Racher & Braun now owns and occupies three historic homes and a 1950s-era office building in the same block.
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Historic Landmarks returning to headquarters

September 24, 2009
 IBJ Staff
The Historic Landmarks Foundation of Indiana is set to return to its headquarters in downtown Indianapolis tomorrow, six months after a fire at a neighboring apartment project displaced the not-for-profit.
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Ivy Tech saving facade for classroom building

August 27, 2009
Cory Schouten
Ivy Tech Community College plans to save the facade of a historic former hospital along Fall Creek Parkway and build a new 150,000-square-foot academic building behind it.
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Historic windows join landmark listRestricted Content

May 11, 2009
The Historic Landmarks Foundation of Indiana has added four structures and an architectural feature to its annual list of the 10 Most Endangered Hoosier landmarks.
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Turn-of-century building could be saved from demolitionRestricted Content

February 23, 2009
The Salvation Army is rethinking a request to demolish a historic home it owns next to its headquarters at Michigan and Alabama streets.
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City paves way to redevelop Bush Stadium siteRestricted Content

September 17, 2007
Peter Schnitzler
Indianapolis has initiated the redevelopment process for Bush Stadium, its shuttered sports landmark. The Metropolitan Development Commission has hired a pair of local firms for $25,000 to appraise historic Bush Stadium--a first step toward reuse or, more likely, at least partial demolition.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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