Mixed-Use
New mixed-use project holds promise for building across street
January 31, 2012
Tom HartonAn 82-year-old downtown commercial building that’s had trouble luring tenants is suddenly positioned to thrive courtesy
of an $85 million mixed-use project planned for a site right across the street.
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.
MoreApartments rev up residential revival downtown
January 28, 2012
Cory SchoutenAn apartment building spree downtown is getting fresh fuel with an $85 million mixed-use development that will be anchored
by a Marsh grocery.
MoreMarsh to anchor massive new downtown development
January 24, 2012
Cory SchoutenA local developer plans to build a Marsh grocery store and hundreds of apartments in an $85 million project that would replace
a block and a half of surface parking lots in the northwest quadrant of downtown.
MoreDeveloper plans 26-story tower along canal
December 10, 2011
Cory SchoutenValparaiso-based Investment Property Advisors wants to build an $83 million apartment project for college students on one
of the last available parcels along downtown’s Central Canal.
MoreNeighbors oppose gas station at 16th and Central
December 3, 2011
Francesca JaroszResidents of an area near the intersection of Central Avenue and 16th Street are sparring with owners of a site on its northwest
corner who want to build a gas station there. The neighbors had other hopes for the spot, as part of their plans for a pedestrian-friendly
16th Street corridor.
MoreIndianapolis neighborhood striving for LEED status
October 22, 2011
Scott OlsonDesignation to east-side project would go beyond building certification.
MoreCity taking redevelopment bids for key Mass Ave properties
October 18, 2011
Scott OlsonThe city-owned properties targeted for redevelopment are at 555 N. New Jersey St., the site of Indianapolis Fire Department
administrative offices and Station No. 7, and at 501 N. New Jersey St., the location of Firefighters Credit Union.
MoreDeveloper plans $27M project in Lockerbie
August 13, 2011
Cory SchoutenThe Whitsett Group wants to build 190 affordable and market-rate apartments, 44,000 square feet of retail and office space,
and more than 300 mostly underground parking spaces on a prime Lockerbie parcel.
More$100M 'Bridges' project in Carmel wins approval
June 21, 2011
Cory SchoutenA proposal for a roughly $100 million mix of retail, office and apartments along Springmill Road south of 116th Street was
OK'd Monday night by the Carmel City Council after numerous concessions.
MoreCity's ambitious tech-corridor plan no sure thing
June 18, 2011
Francesca JaroszIndianapolis leaders are hoping a new plan launched by Mayor Greg Ballard’s administration to transform the area northwest
of downtown into a high-tech job and life-sciences research magnet will turn the long-discussed idea into a reality.
MoreReal estate deals picking up around Fashion Mall
June 4, 2011
Cory SchoutenOwners of the Sheraton Indianapolis are converting one of its towers into luxury apartments, and developers are vying to replace
the vacant Woodfield Centre.
MoreCentral State redevelopment plan gets new life
May 28, 2011
Francesca JaroszA dormant plan to redevelop the 150-acre former Central State Hospital campus is starting to get momentum. Developers anticipate
spending $100 million to $150 million to revamp the site. With online photo gallery
MoreChildren's Museum holds key to Winona redevelopment
May 24, 2011
Kathleen McLaughlinThe Children’s Museum of Indianapolis is playing the role of lead developer for the abandoned Winona Hospital site.
MoreEastgate redevelopment reaches crucial crossroads
May 10, 2011
Tom HartonLifeline Data Centers, which bought Eastgate in 2008, plans to invest $10 million into the property this year if the Department
of Public Safety moves forward with plans to lease 78,000 square feet.
MoreDeveloper proposing $100M project for Carmel
April 30, 2011
Cory SchoutenA proposed 64-acre development west of U.S. 31 in Carmel would help satiate a craving for retail, but it faces a tough fight
from neighborhood groups that want to preserve the thoroughfare’s residential character.
MoreUnusual North of South deal leaves taxpayers vulnerable
April 16, 2011
Cory SchoutenThe $156 million North of South project is a complicated, risky and potentially transformative bet on downtown.
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.
MoreRetail/office building planned for site at Fort Ben
March 19, 2011
Tom HartonSpeculative development is almost unheard of these days, but the Fort Harrison Reuse Authority is taking the plunge.
MoreOffice/retail building planned for Fort Ben
March 15, 2011
Tom HartonSpeculative development is almost unheard of these days, but the Fort Harrison Reuse Authority is taking the plunge as it
works toward breaking ground this year on what it expects will be a 45,000-square-foot building geared toward retail and office
tenants.
MoreLilly's master plan for downtown (real estate)
February 19, 2011
Cory SchoutenAs Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could
establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian
streets 135 years ago.
MoreGlick partners on $30M downtown apartment development
February 14, 2011
Cory SchoutenThe lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner:
apartment developer Gene B. Glick Co.
MoreCouncil to vote on funding for North of South project
February 7, 2011
The City-County Council will consider Monday evening whether to allow the city to issue $98 million in bonds to finance a
portion of the controversial $155 million development.
MoreVote on North of South project's bond financing delayed
January 21, 2011
Scott OlsonThe city's Economic Development Committee, which was set to vote on the downtown project's $98 million bond financing package
on Tuesday, chose to wait until February after making a few changes.
MoreLender tries to sell note for Legacy at big loss
January 15, 2011
Cory SchoutenThe lead bank on the massive Legacy development along 146th Street in Carmel has put the note up for sale with an asking price
of about $15 million—less than half what lenders have sunk into the project.
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Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans
Actually, it was Greenspan who encouraged the elderly to refinance their homes, using their equity to boost the economy after 9/11. In addition, it was George Bush and Barney Frank who jointly suggested that everyone should hold a piece of the rock. It was the Bush Administration, namely Treasury Secretary Paulson who deregulated Wall Street and Lenders such as Countrywide, Washington Mutual, Wachovia, Bank of America, and Wells Fargo. When the TARP Bailout Proposal went to Capitol Hill in October 2008, Treasury Secretary Paulson asked for, and received, full immunity from future prosecution, dating back to his time as CEO of Goldman Sachs, the co-recipient of the initial $350 Billion Dollar Tarp Bailout Payment for Wall Street, back in October 2008. It was the US Treasury and the Federal Reserve, both controlled by the Bush Administration, that created sub-prime mortgages, starting in 2004. Many members of the House and Senate, on both sides of the aisle, benefited from home mortgage refinancing. Banks, appraisers, and realtors pushed people into home mortgages they had no business accepting, based on claims that the housing market would only get better. Average Americans did not create Credit Default Swaps, I think those creations happened on Wall Street. Spend some time at the library, you will be shocked by what your research brings forth.