Proposals

Developer plans $9.1M project on Fountain Square parking lot

September 30, 2014
Scott Olson
City officials have selected Deylen Realty's proposal to build a five-story apartment-and-retail project on a surface parking lot the city has owned for years.
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Skjodt plotting $25 million sports complex

September 20, 2014
Anthony Schoettle
Paul Skjodt, owner of the now-dormant Indiana Ice hockey team, has secured an option on 92 acres in a busy northwest-side corridor for a $25 million multi-use sports complex.
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State eyes downtown site for $17M archives project

August 4, 2014
Mason King
Officials want developers to submit plans for a site on the American Legion Mall, including an existing historic building and a 36,000-square-foot addition.
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Two-hotel tower proposed across from fieldhouse

August 2, 2014
Scott Olson
A Minneapolis developer wants to build two high-end hotels in the same 15-story building on a surface parking lot downtown across from Bankers Life Fieldhouse.
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Clock ticks on Wigwam's fate

July 18, 2014
Associated Press
Anderson officials say the city will take ownership of the iconic gym, but only if it has a binding agreement by Sept. 2 with a group to reopen the Wigwam.
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Northern suburbs see blitz of apartment construction

July 12, 2014
Andrea Muirragui Davis
Growing demand for high-end, low-maintenance living is fueling an apartment-building boom in Indianapolis’ northern suburbs—and raising concerns among some leaders about the risks of adding too much too fast.
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State sits on prime downtown property near Statehouse

July 5, 2014
Kathleen McLaughlin
Three locally based firms responded to a state request for private-sector parking management, plus the construction of new spaces, by proposing mixed-use buildings for a 3.2-acre lot north of the Statehouse, according to response documents made public late last month.
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Good Earth avoids $1M judgment over Broad Ripple project

July 2, 2014
Scott Olson
Browning Investments had sought to make the health food store and a Broad Ripple resident post a $925,000 bond to cover costs related to construction delays stemming from an appeal related to the apartment-and-retail project.
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Developer requesting $1M over Broad Ripple project delays

June 25, 2014
Scott Olson
Browning Investments Inc. is seeking the damages from opponents of its proposed $30 million apartment-and-retail projects for costs related to construction delays due to a pending appeal.
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Cottage Home neighborhood attracts another single-family housing project

June 21, 2014
Scott Olson
A local developer plans to build 14 houses in the up-and-coming neighborhood as part of a project that could include a two-story mixed-use development along East 10th Street.
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Ownership move delayed for Anderson's Wigwam gym

June 2, 2014
Associated Press
Leaders of the private Wigwam Sports & Entertainment group are scheduled to present their proposal for reusing the 9,000-seat gym to the city Redevelopment Commission on Tuesday.
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Pedcor angling for $16M subsidy for City Center expansion

May 31, 2014
Andrea Muirragui Davis
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
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Up-and-comer molds city's justice center dealRestricted Content

May 10, 2014
Kathleen McLaughlin
David Rosenberg, 28, leads Mayor Greg Ballard’s effort to build a new jail and criminal courts for Marion County, which could cost as much as $400 million, all with no new revenue.
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City picks former GM site for new criminal justice complex

April 25, 2014
 IBJ Staff
The city of Indianapolis announced Friday that it is asking development teams to use part of the former GM Stamping Plant property west of downtown in its proposals for a new criminal justice center.
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Controversial Broad Ripple office project gets go-ahead

March 20, 2014
Scott Olson
Metropolitan Development Commission members this time voted to approve the project on North College Avenue after a bizarre procedural twist last time prompted a re-vote.
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City pitches case for jail on former GM plant site

March 19, 2014
Kathleen McLaughlin
Indianapolis Director of Enterprise Development David Rosenberg met with west-side residents Tuesday evening to explain the city's preference for putting a new criminal-justice complex on the former GM stamping plant property.
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Council backs city financing plan for $81M tower

March 17, 2014
Scott Olson
The Indianapolis City-County Council voted 18-9 Monday night to provide up to $23 million in city financing for the project, with the stipulation that 30 percent of the workers hired to build the 28-story building live in Marion County.
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UPDATE: Mayor picks GM site for criminal justice complex

March 13, 2014
Kathleen McLaughlin
Mayor Greg Ballard will recommend that a proposed criminal justice complex be located on the former GM stamping plant on the western side of downtown—not the airport property that ranked highest in a market study.
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Indiana Landmarks rescues endangered Jewish landmark

March 4, 2014
Scott Olson
The preservation group paid $50,000 to rescue the near-north side temple on Ruckle Street, which was first occupied by the Beth-El congregation. After a roof replacement, officials hope to find a tenant for the historic building.
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Committee urges hiring commitment for $81M MSA tower project

March 3, 2014
Scott Olson
A City-County Council committee recommended approval for the 28-story building but only if the developer pledges that 30 percent of the workers it hires to build the tower live in Marion County.
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Kite floats two-tower Pan Am Plaza projectRestricted Content

March 1, 2014
Scott Olson
The latest plan to redevelop Pan Am Plaza calls for two hotels, residential units and restaurants spread across two towers as tall as 20 stories each, sources familiar with the details told IBJ.
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Developer pitches $28M project for Fishers Train Station site

February 17, 2014
Andrea Muirragui Davis
Officials are expected to vote Monday night on a proposed $28 million redevelopment of the Fishers Train Station site, the final piece of an ambitious plan that seeks to transform the town’s municipal complex into a hub of activity.
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$80M project on tap for Keystone at the CrossingRestricted Content

February 8, 2014
Scott Olson
A local developer plans to build a hotel, apartments, offices and retail space on the last two vacant parcels in Keystone at the Crossing.
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City committee again delays vote on MSA tower’s financing

February 4, 2014
Scott Olson
Members of the Metropolitan and Economic Development Committee said they needed more information on Flaherty & Collins' proposed $81 million high-rise project on the former Market Square Arena site.
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Developer planning Sophia Square sequel near Meridian Street

February 1, 2014
Andrea Muirragui Davis
The developer behind the $60 million Sophia Square building in Carmel’s Arts & Design District is proposing a similar project about a mile west.
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