Urban development
City delays approval of downtown parking garage
May 24, 2012
Scott OlsonA local developer's plans for a parking garage, part of an $85 million project, met resistance from a city official who said
the structure's design needs to be more "pedestrian-friendly" for the area of Illinois and New York streets.
MoreChildren's Museum selects developer for Winona site
May 23, 2012
Local affordable housing developer The Whitsett Group has been chosen to redevelop the site on North Meridian Street. Its
other major development is a $22 million project set for the former Keystone Towers site.
MoreFirst stage of $85M downtown project up for approval
May 22, 2012
Scott OlsonThe city is set to hear a request on Thursday by a local developer to build a five-story parking garage at the corner of New
York and Illinois streets downtown. The garage is part of a development that would be anchored by a Marsh store.
MoreBinford-area neighborhood alliance upping ambitions
May 19, 2012
Kathleen McLaughlinThe two main retail centers in a northeast-side development area will be at 100-percent occupancy when Uncle Bill’s
Pet Express opens in a small space at Binford Boulevard and 71st Street. Binford Area Growth and Revitalization, a super-neighborhood
association better known as BRAG, began striving for this milestone in 2005.
MoreGeorgia Street redevelopment looking old already
May 5, 2012
Cory SchoutenThe newly spruced-up stretch of Georgia Street between the Indiana Convention Center and Bankers Life Fieldhouse is looking
older than its age. Stone pavers are dislodged and stained. The wooden boardwalk is badly discolored. Bollards are askance
after taking hits from errant vehicles.
MoreNew charter school proposed for North Meridian Street
May 4, 2012
Cory SchoutenAn Arizona charter school operator serving middle and high school students has filed plans to build a two-story school at
Meridian and 22nd streets.
MoreCity gives OK for $60M apartment building on canal
April 18, 2012
Scott OlsonInvestment Property Advisors agreed to reduce the size of the apartment building from 26 stories to 10 stories and from 485
units to 319 units to help gain support from the city.
MoreDecision on Broad Ripple garage delayed again
April 17, 2012
Scott OlsonThe two-week continuance granted to remonstrators on Tuesday by the Metropolitan Board of Zoning Appeals follows a previous
seven-day delay. The board is set to consider a zoning variance for the $15 million project on May 1.
MorePlan envisions hot growth for downtown Indianapolis
April 14, 2012
Cory SchoutenA study commissioned by the office of Mayor Greg Ballard envisions a much more densely populated, walkable downtown core stretched
by several blocks and supported by another Circle Centre mall's worth of retail and enough new office space to double
the size of Chase Tower.
MoreNorth-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.
MoreEffort to save Rivoli Theatre faces another delay
April 10, 2012
Tom HartonThe theater, at 3155 E. 10th St., has the potential to be a catalyst for further redevelopment of the corridor if the not-for-profit
that owns it can win complete control of the 1927 structure and stabilize it.
MoreCity narrows field of contenders vying to develop Mass Ave parcel
March 31, 2012
Cory SchoutenA midrise mix of apartments and first-floor retail is the most likely replacement for a 1.45-acre Mass Ave parcel occupied
by the Indianapolis Fire Department.
MoreMass Ave project surrounding Barton Tower gets state OK
March 27, 2012
Tom HartonA partnership of Flaherty & Collins Properties and Insight Development Corp. was awarded rental housing tax credits by
the state that will be sold to finance construction of a 61-unit, $11.5 million apartment project at 555 Massachusetts Ave.
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.
MoreIrvington apartment, streetscape projects clear hurdles
March 20, 2012
Tom HartonTwo significant construction projects are closer to starting in Irvington, where the district’s East Washington Street
commercial corridor is bouncing back even as one of its key buildings faces demolition.
MoreOzdemir emerges as powerhouse in Indianapolis real estate
March 17, 2012
Cory SchoutenKeystone Group, Turkish immigrant Ersal Ozdemir's 10-year-old development firm, is orchestrating some of central Indiana’s
most ambitious projects, including a $15M Broad Ripple parking garage and the $60M million mixed-use Sophia Square in Carmel.
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.
MoreSpeedway's plan for roundabout hits snag over billboard
February 27, 2012
Scott OlsonThe Speedway Redevelopment Commission is threatening eminent domain against Clear Channel Outdoor Inc. because the billboard
company won't relinquish its lease rights at a key intersection.
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.
MoreCityWay designed to integrate retail, housing, hotel, YMCA
February 25, 2012
Marc D. AllanArchitects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
MoreCity aims to erase surface parking for developments
February 18, 2012
Cory SchoutenSeveral downtown surface parking lots are targeted for redevelopment, with a couple already well on their way to being filled
with a mixture of commercial and residential projects.
MoreDowntown officials outline future plans for Georgia Street
February 13, 2012
Anthony SchoettleThe three-block stretch that served as the Super Bowl Village will complement, not compete with, traditional downtown gathering
places such as Monument Circle, officials said.
MoreFoundation finds buyer for 16th Street buildings after 6-year search
February 7, 2012
Tom HartonTwo brothers purchased the pair of connected buildings at the northwest corner of 16th and Alabama streets and will use the
property for a 50-seat café and the offices for Nottingham Realty Group.
MoreNew 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.
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City-County Councilor Angela Mansfield and Bob Lutz have a case of wishful thinking.
They obviously don't really care about the cost.
They should.
Extending Federal Benefits to Same-Sex Couples Will Cost $898M, CBO Says
http://www.foxnews.com/politics/2009/12/22/extending-federal-benefits-sex-couples-cost-m-cbo-says/
Brett, be careful what you lie about, the truth always comes out.
"IMS's George Honored: Tony George, Indianapolis Motor Speedway president and chief executive officer, received the inaugural Pioneering and Innovation Award at the Autosport Awards Dec. 5 in London for his leadership in the development of the Steel and Foam Energy Reduction (SAFER) Barrier. George received the award at the annual gala at the Grosvenor House on behalf of the creators of the SAFER Barrier from Prince Salman Bin Hamad Al Khalifa, the leader of the Bahrain International Grand Prix circuit. This is the fourth major award that has been presented to honor George and the SAFER Barrier development team. The SAFER Barrier also received the Louis Schwitzer Award, SEMA Motorsports Engineering Award and GM Racing Pioneer Award in 2002. The SAFER Barrier was installed in all four turns of the Indianapolis Motor Speedway a pioneer in safety for drivers, cars and tracks -- in time for the 86th Indianapolis 500 in 2002. It since has been installed at more than a dozen other tracks, and the latest iteration will be installed at the Speedway in the spring.(IMS PR), see more on my Indy Track News page.(12-7-2004)"
As far as the cart safety team, I cannot find anything on its date of creation. The Delphi Safety team was created in 1996. For some reason there is not much info out there on defunct racing series.
Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!