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Proposals
North-side neighborhood groups pursuing Fall Creek revitalization
April 14, 2012
Destination Fall Creek calls for restoring the waterway's recreational value and redeveloping 60 acres of adjacent property.
MoreCity approves design of $45M downtown project
April 12, 2012
Scott OlsonPlans call for the vacant, two-story former Bank One Operations Center at the northwest corner of Washington and East streets
to be converted into a five-story apartment building with office or retail space on the first floor.
MoreDeveloper envisions $20M farming operation to replace plant
April 4, 2012
Cory SchoutenA local entrepreneur is laying the groundwork for a $20 million transformation of a soon-to-close automotive plant into a
sustainable farming operation that would raise fish and hydroponic vegetables.
MoreMuch smaller project would fill former Venu site
March 24, 2012
Cory SchoutenA parcel of overgrown bank-owned property with a leaky roof at the southwest corner of East 86th Street and Keystone Avenue
may finally be poised for redevelopment: A Wisconsin firm has the 6.4 acres under contract and is putting together plans for
a retail strip, a couple of restaurants and possibly a hotel.
MoreDecision on canal residential project delayed again
March 22, 2012
Scott OlsonThe Metropolitan Development Commission moved a vote on the proposal to April 18 after expressing concern that it didn't have
enough time to review plans that reduce the project from 26 stories to 10. The developer criticized the delay.
MoreDeveloper scales back plans for tower along Central Canal
March 20, 2012
Scott OlsonThe firm behind a proposed downtown apartment tower designed for college students has slashed its height from 26 to 10 stories
to improve its chances of winning city approval.
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.
MorePan Am Plaza redevelopment brewing
February 25, 2012
Anthony SchoettleThe two entities that control the future of Pan Am Plaza have come to an agreement that could lead to the redevelopment of
one of the most valuable parcels 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.
MoreMass Ave deal's brokerage fee raising eyebrows
November 19, 2011
Cory SchoutenA real estate brokerage picked by the city to spearhead redevelopment of a prime Mass Ave parcel occupied by the Indianapolis
Fire Department stands to collect a million-dollar-plus payday if it closes the deal.
MoreCarmel mayor's next goal: Build posh, $32M hotel
October 22, 2011
Cory SchoutenThe principal developer of Carmel's City Center, Pedcor Cos., is working with city officials on plans for a four-star boutique
hotel that likely would cost at least $32 million to build and may require an additional city subsidy.
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 zeroes in on troubled Irvington site
September 27, 2011
Tom HartonA developer that wants to replace a vacant Irvington motel with an $8.7 million apartment building could get permission as
early as next week to clear the site for redevelopment.
MoreCity mum on economics of $15M parking garage
July 2, 2011
Cory SchoutenCity officials and the developer of a proposed parking garage in Broad Ripple have refused to share financial projections
for the project, describing the documents as a "trade secret" exempt from public disclosure.
MorePeople have spoken on ideas for Monument Circle
June 29, 2011
Gabrielle PoshadloA former Indianapolis resident who now lives in Philadelphia won the Monument Circle Idea Competition People’s Choice
award, Indianapolis Downtown Inc. announced Tuesday.
MoreLocal contractor wins Keystone Towers demolition bid
June 27, 2011
IBJ StaffDenney Excavating of Indianapolis has been granted the contract to demolish the vacant Keystone Towers apartment complex with
a bid $827,000.
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.
MoreCircle Idea Competition finalists selected
June 15, 2011
Gabrielle PoshadloPosters highlighting the top 12 proposals will be on display in Monument Circle storefronts until June 26 so members of the
public can vote for their favorite. The ideas could be used by planners plotting the future of the downtown space.
MoreRetail, eateries planned for Keystone office area
May 14, 2011
Cory SchoutenA local developer’s $12 million project is transforming a four-story office building and five acres of surface parking
lots adjacent to The Fashion Mall at Keystone into a new retail and restaurant destination.
MoreCity hires project manager for international district improvements
March 5, 2011
IBJ StaffThe plan would enhance the area around West 38th Street and Lafayette Road with landscaping, monuments and murals.
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.
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.
MoreCouncil committee to consider North of South bonds
January 17, 2011
Scott OlsonApproval would let city issue $98 million in bonds to finance its portion of the $155 million North of South mixed-use project
set to be built on 14 acres north of South Street between Delaware Street and Virginia Avenue.
MoreDuke/Browning team to develop building at new Wishard
December 28, 2010
Tom HartonThe team, which plans to build an office building in the 200,000-square-foot range, beat out six other groups that submitted
proposals.
MoreForeclosure washes away water park plans in Fishers
November 24, 2010
Scott OlsonDeveloper Puller Group has agreed to relinquish a high-profile property approved for a massive water park and retail project
to lender Fifth Third Bank following a months-long legal battle over an $8.6 million loan.
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Sounds like angie's list could have benefitted from some sort of internet based service that rates various providers of services...anybody know of any?
These are the same CEO's who complain about working-class people who unionize and negotiate decent pay and benefits for the people who make businesses run.
Are millions in Angie's List advertising expenses going into CEO Bill Oesterle pocket also? http://advanceindiana.blogspot.com/2013/05/ibj-exposes-self-dealing-by-angies-list.html?utm_source=twitterfeed&utm_medium=twitter
This is actually worse than is being reported. The properties were gifted to Oesterle with more than $4.6 million dollars in taxpayer money. So not only is he screwing his shareholders with inflated sale prices, but he is double dipping considering Mayor Ballard gifted him all the money to buy the property. Guess being politically connected (Campaign chairman to Mitch Daniels) gives you a license to steal and a get out of jail free pass. http://www.ibj.com/city-will-give-angies-list-46-million-for-real-estate/PARAMS/article/28944
A non-compete clause is expected to keep Buchman from appearing on-air at WTHR for a year from the WISH contract’s expiration.