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Market Square Arena
Cummins looking to build downtown Indy offices
June 8, 2013
Scott OlsonCummins Inc. wants to expand its downtown Indianapolis presence and is searching for land to construct an office building
that would double the space the Fortune 500 company occupies in the city, several local office brokers said.
MoreHigh-profile developer chases Indy debut
May 25, 2013
Scott OlsonCleveland-based Forest City Enterprises Inc., developer of the 76-story New York by Gehry in New York City, is teaming with
Keystone Group in its bid to redevelop a prime piece of downtown real estate where Market Square Arena once stood.
MoreBig names lining up to tackle Market Square site
April 20, 2013
Scott OlsonCity officials will have at least four proposals to consider for redevelopment of a downtown parking lot where Market Square
Arena once stood. Bids are due to the city by April 22.
MoreBallard plans new redevelopment effort for Market Square site
March 7, 2013
Dan Human, Kathleen McLaughlinMayor Greg Ballard, in his annual State of the City speech scheduled for Friday, plans to call for new proposals for the downtown
site that previously was home to Market Square Arena. The city expects the proposals to include a high-rise building with
a major retail component.
MoreBENNER: With MSA, Lugar brought Pacers and sports downtown
May 12, 2012
Bill BennerWithout Sen. Richard Lugar, we might not have the Pacers.
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.
MorePurchase lifts effort to develop MSA site
January 28, 2012
Kathleen McLaughlinA community development corporation linked to the city of Indianapolis has bought the 1.87-acre parking lot that borders the
former Market Square Arena site, a move that some say could be the catalyst to finally redeveloping the entire vacant site.
MoreCondo sales lag in hot downtown apartment market
April 5, 2011
Cory SchoutenNew apartment projects carrying premium rents are popping up all over downtown, but the strong demand for urban living isn't
providing much of a boost for the condo market.
MoreDeal to redevelop Bank One garage full of twists, turns
February 26, 2011
Cory SchoutenThe city of Indianapolis is finally poised to close, after three years of twists, a complex redevelopment deal on the 1,600-space
former Bank One parking garage.
MoreProperties in play along Market Street
November 3, 2009
Tom HartonFour properties for sale along a two-block stretch of East Market Street downtown are likely to offer the first signs of what’s
in store for an area real estate brokers think will get a boost from the recent removal of the Market Street interstate ramp.
MoreControversial downtown project to get tax abatement
October 7, 2009
Scott OlsonThe Indianapolis Metropolitan Development Commission approved a 10-year tax abatement Wednesday afternoon for a controversial
public-private plan to redevelop a vacant downtown office building.
More$65M development deal would cost Capital Improvement Board
June 22, 2009
Cory SchoutenThe Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million
public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations
center in part by acquiring an adjacent
parking garage for $18.5 million.
MoreEDITORIAL: Project near MSA may be worth the risk
June 22, 2009
The city has unveiled a dramatic plan for new housing and retail development to revitalize the old Market Square Arena site.
Despite some shortcomings, the project deserves a chance to give the stagnant area a boost.
More$65M downtown development deal raises questions
June 15, 2009
Cory SchoutenA $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.
MoreMayor says MSA 'not a priority'
September 3, 2007
Cory SchoutenWith the Nov. 6 mayoral election looming, Mayor Bart Peterson seems content to wait for a third term to choose who will redevelop
the Market Square Arena site. He's willing to put off the opportunity to wipe past failures clean in large part because the
political climate has changed.
MoreRescue for MSA site fell short
May 14, 2007
Cory SchoutenA high-profile local firm that quietly negotiated last fall to salvage the stalled redevelopment of the Market Square Arena
site abandoned its plans when the city decided instead to solicit new proposals early this year.
MoreMSA Round 2 plans pitched by local development teams
April 23, 2007
Cory SchoutenTwo new proposals for the parking lot formerly known as Market Square Arena are shorter and less dramatic than plans for a
31-story tower that fell through last year. But each of the new sets of plans has its flourishes.
MoreDuke, Lauth, Mansur join MSA site fray
March 26, 2007
Cory SchoutenA who's-who of local firms is planning bids to redevelop the Market Square Arena site with mixed-use projects that would depart
sharply from previous efforts focused on residential. New plans are expected to include retail , offices, apartment units
and condos backed by high-profile local developers that didn't bid before.
MoreMayor says condo plan for arena site needs more retail
September 11, 2006
Jennifer WhitsonWhen Mayor Bart Peterson announced Aug. 31 that the efforts of a partnership to build condominium towers on the former Market
Square Arena site had failed, he gave his administration 60 days to put together another deal. Peterson's vision: Hold onto
the concept of a residential tower, but add "significantly more retail."
MoreMarket Square development deadline looming
August 28, 2006
Jennifer WhitsonRival developers are dusting off plans for the former Market Square Arena site now that the partnership the city chose for
the project appears on the verge of missing the Aug. 31 deadline to buy the land.
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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!