Mixed-Use

Renovated Central Library spawns neighborhood revivalRestricted Content

April 28, 2008
Cory Schouten
A local developer plans to spend up to $45 million building a "north village of downtown" on several parcels it has assembled near the Central Library. Buckingham Cos. plans to build apartments, offices, restaurants and retail space-all surrounding its headquarters in the three-story Stokely-Van Camp building at the southeast corner of Meridian and St. Joseph streets.
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Premier Properties lays off workers as lawsuits, debt pile upRestricted Content

April 7, 2008
Cory Schouten
Premier Properties USA Inc. has eliminated about half its headquarters staff--more than 40 employees--as banks seize several of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans, illegally redirected rent payments and check fraud.
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Former RCA industrial site to get $20M rehabRestricted Content

January 21, 2008
Cory Schouten
A Bloomington company that revived a former Thomson Consumer Electronics/RCA plant in that city is taking a shot at redeveloping one of the largest industrial eyesores in Indianapolis, also a former RCA complex. Pinnacle Properties plans to spend $20 million redeveloping the 13-building property northwest of Sherman Drive and East Michigan Street.
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Developers have new plans for cornerRestricted Content

December 31, 2007
Cory Schouten
The retail juggernaut at 86th Street and Keystone Avenue could get even stronger in the next several years. Locally based Premier Properties USA Inc. revealed plans in 2007 for a $750 million redevelopment of a prime corner near The Fashion Mall at Keystone.
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Concert hall component would test demandRestricted Content

November 19, 2007
Jennifer Whitson
Entertainment is a big part of a $480 million development proposed for the south side of downtown--plans include a 3,400-seat theater to attract the likes of Bruce Springsteen and first-run tours of Broadway shows such as "Wicked." The question is whether the city can support another midsize venue.
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SoDo proposal faces stiff oddsRestricted Content

November 19, 2007
Cory Schouten
If Circle Centre mall were built today, it would cost $420 million. Throw in another $60 million, and you've got the price of Legends District-SoDo, a proposed mixed-use development on the south edge of downtown.
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Developer lures Whole Foods across street into Venu projectRestricted Content

October 29, 2007
Cory Schouten
The developer of a $750 million mixed-use project called Venu has acquired a 13-acre site across the street from where another developer had planned to build condos and a Whole Foods Market.
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Ralston Square project would honor city's first plannerRestricted Content

October 8, 2007
Cory Schouten
A local development team is working on a 10-story, mixed-use tribute to a man who helped design the original plan for Indianapolis, Alexander Ralston. The $60 million project, dubbed Ralston Square, would feature a 150-room hotel, 55 condos, a 617-space parking garage and 41,000 square feet of retail space.
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Woodfield Crossing plan calls for hotel, offices, condos, theaterRestricted Content

May 28, 2007
Cory Schouten
A local firm plans to redevelop a quiet corner near the Fashion Mall into a mixed-use behemoth with a full-service hotel, 5,000-seat theater, hundreds of condos, and more than a million square feet of office and retail space.
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Rescue for MSA site fell shortRestricted Content

May 14, 2007
Cory Schouten
A 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.
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MSA Round 2 plans pitched by local development teamsRestricted Content

April 23, 2007
Cory Schouten
Two 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.
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Condos offering live/work space are hotRestricted Content

April 9, 2007
Cory Schouten
The age-old concept of living above your workplace is catching on again in Indianapolis, just as the developers of Douglass Pointe Lofts had hoped. The $2.65 million landmark at 25th and Delaware streets already will soon also be known for a diverse roster of local businesses.
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Developer moving on after failed Crown Hill projectRestricted Content

April 2, 2007
Cory Schouten
In the eyes of many at a rezoning hearing late last month, the developers from locally based Mann Properties were bad guys. They wanted to build homes and a retail center on 71 mostly wooded acres north of Crown Hill Cemetery. So when the Metropolitan Development Commission denied Mann's request, the crowd erupted in applause.
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Duke, Lauth, Mansur join MSA site frayRestricted Content

March 26, 2007
Cory Schouten
A 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.
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Crown Hill development showdown loomingRestricted Content

March 19, 2007
Cory Schouten
Debate over a developer's plan to buy 71 acres of woods and wetlands on Crown Hill Cemetery's northern edge for a retail-and-residential project will come to a head this week when the Metropolitan Development Commission votes on the proposal.
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Meridian Street landmark gets new lifeRestricted Content

February 26, 2007
Tammy Lieber
Buckingham Cos., the Indianapolis-based owner/manager of more than 60 apartment complexes in five states, has broadened its development sphere to include three square blocks of downtown real estate.
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Suburban builder J. Greg Allen to tackle downtownRestricted Content

January 15, 2007
Jennifer Whitson
J. Greg Allen & Associates has made a name for itself building suburban subdivisions, office buildings and retail complexes. Now, the developer is poised to tackle a pair of projects downtown.
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Canal site picked for $33M projectRestricted Content

December 4, 2006
Jennifer Whitson
A local developer plans to build a $33 million, four-story apartment and retail complex on the Central Canal just north of Michigan Street. Flaherty & Collins Properties has the three-acre parcel under contract from American United Life Insurance Co.
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Biz park plan west of Plainfield counting on cheaper landRestricted Content

November 27, 2006
Jennifer Whitson
Plans are in place for a 400-acre mixed-use development off Interstate 70 just west of Plainfield--an area quickly becoming the next big thing in industrial real estate.
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Mayor says condo plan for arena site needs more retailRestricted Content

September 11, 2006
Jennifer Whitson
When 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."
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VanAusdall to auction off city blockRestricted Content

August 21, 2006
Jennifer Whitson
Local office equipment distributor VanAusdall & Farrar Inc. is putting an entire city block on North Meridian Street up for auction, a move that could spur development in a corridor real estate experts say is ripe for activity. The three-acre property is between 12th and 13th streets.
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Crown Hill land's price tag hinges on retail approvalRestricted Content

July 31, 2006
Jennifer Whitson
Now that Mann Properties LLC has won the bidding war for 70 acres of land on the northern end of Crown Hill Cemetery, the rezoning debate begins.
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  1. 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...

  2. It's good to hear that the festival is continuing to move forward beyond some of the narrow views that seemed to characterize the festival and that I and others had to deal with during our time there.

  3. Corner Bakery announced in March that it had signed agreements to open its first restaurants in Indianapolis by the end of the year. I have not heard anything since but will do some checking.

  4. "The project still is awaiting approval of a waiver filed with the Federal Aviation Administration that would authorize the use of the land for revenue-producing and non-aeronautical purposes." I wonder if the airport will still try to keep from paying taxes on these land tracts, even though they are designated as "non aeronatical?"

  5. How is this frivolous? All they are asking for is medical screenings to test the effects of their exposure. Sounds like the most reasonable lawsuit I've read about in a while. "may not have commited it" which is probably why they're suing to find out the truth. Otherwise they could just ask Walmart, were you negligent? No? OK, thanks for being honest.

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