Proposals

$65M development deal would cost Capital Improvement BoardRestricted Content

June 22, 2009
Cory Schouten
The 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.
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EnerDel poised to get jolt of stimulus juiceRestricted Content

June 22, 2009
Greg Andrews
Within weeks, EnerDel expects to receive notification that it's getting as much as $480 million in financing under a U.S. Department of Energy program aimed at fostering advanced vehicle manufacturing.
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Transit, sustainable development likely to be themes in rescue of near-north neighborhoodRestricted Content

June 1, 2009
Chris O'Malley
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
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Westfield mayor hopes $60M stadium project will transform cityRestricted Content

April 27, 2009
Cory Schouten
Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital of America."
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Developers to pitch projects near public housing towersRestricted Content

January 26, 2009
Cory Schouten
The Indianapolis Housing Agency is asking developers to pitch plans to build new residential or commercial space on land surrounding the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story Lugar Tower at 901 Fort Wayne Ave.
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24-year-old developer tackles $30M dealRestricted Content

September 10, 2007
Cory Schouten
Jaron Garrett hasn't developed anything like the 25-story tower he's proposing. And he doesn't come close to having the financial muscle to pull off the $30 million project on his own. But Garrett is determined to sell his vision of transforming a downtown eyesore at Washington and Pennsylvania streets into a twisting glass-and-steel apartment tower.
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Pan Am development deal diesRestricted Content

August 27, 2007
Cory Schouten
Fallout from the subprime mortgage fiasco has scuttled a developer's plans to acquire Pan Am Plaza and could complicate a host of other development deals under way in Indianapolis.
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Hotel tower planned by stadium, Lilly campusRestricted Content

July 23, 2007
Cory Schouten
After years of designing banks, churches and condo conversions, Prince/Alexander Architects Inc. is working with unnamed partners on a plan to replace its headquarters with a $47 million, 24-story hotel and condo development called West Merrill Tower.
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Downtown hotel towers in worksRestricted Content

July 2, 2007
Jennifer Whitson
South-side developer J. Greg Allen is pitching a massive project along Pennsylvania Street downtown that includes hotel towers--one 28 stories, the other 17--to be built on property now used mainly for surface parking.
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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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FBI's project bid puzzles local developersRestricted Content

April 23, 2007
Cory Schouten
Some local developers were left scratching their heads last month when the federal government chose an out-of-state company to develop an FBI field office in Castleton. The U.S. General Services Administration awarded the $38 million project to Lake Winnebago Mo.-based BC Development Co.
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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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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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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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