Urban development

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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New concert venue proposed for GM plant site

January 25, 2014
Scott Olson
A concert venue rivaling the size of Klipsch Music Center in Noblesville has emerged as the favorite in a bid to redevelop the former General Motors metal-stamping plant on the western edge of downtown.
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Apartment craze shows no signs of slowing

December 28, 2013
Scott Olson
Apartment developers continued their blitz on the downtown market with several projects under construction or in the planning stages.
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Union Station gets new scrutiny after spate of repairs

December 14, 2013
Scott Olson
Seeing small repair projects pile up at the city's iconic 19th-century train station, city officials have launched an effort to assess the building’s condition with the most thorough inspection in several years.
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DMD's Thies pushing for better design, more projects

November 30, 2013
Scott Olson
Adam Thies, 36, arrived from the private sector in October 2012 and is beginning to put his stamp on the government agency that guides city development
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Future murky for Carmel's 2-story development rule

November 16, 2013
Andrea Muirragui Davis
City leaders are embroiled in a debate over the future of Range Line Road, through the heart of Carmel's redeveloped downtown. Special density zoning rules are intended to create a consistent look and keep residents from bearing the brunt of the city’s significant infrastructure investment. The question is whether it’s working.
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Buyer of Illinois Building envisions conversion into upscale hotelRestricted Content

November 16, 2013
Scott Olson
A high-profile local developer has bought the Illinois Building and is considering offers to convert the downtown landmark into a boutique hotel that could be the city’s first five-star lodge.
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Uptown Business Center headed to sheriff's sale

November 12, 2013
Scott Olson
The building in SoBro is at the center of a lengthy court feud in which the owner had attempted to delay foreclosure by filing to reorganize assets—a strategy that a bankruptcy judge rejected last month.
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Proposed GM plan reserves space for soccer stadiumRestricted Content

November 9, 2013
Anthony Schoettle
One of the players vying to redevelop the former General Motors metal-stamping plant has set aside room in his plans for a roughly 10,000-seat stadium where his own North American Soccer League franchise could play.
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Conference eyes preservation as development tool

October 31, 2013
Associated Press
A national gathering of preservation experts this week in Indianapolis are toasting some of the success stories historic preservation can foster by helping spark revitalization in neighborhoods and city centers.
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Preservationists float ideas for reusing City Hall

October 30, 2013
Scott Olson
An upscale hotel, a brewery and an event center were among the proposals suggested by members of the National Trust for Historic Preservation. The group is holding its annual conference in Indianapolis for the first time.
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Four local firms vying to redevelop GM stamping plant site

October 30, 2013
Scott Olson
At least one of the proposals for the site, which has been vacant since 2011, would create a suburban-type office park in an urban environment.
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Ritzier hotels may lure top events, but year-round demand unclear

October 26, 2013
Anthony Schoettle
Indianapolis lacks a five-star hotel, a fact some hospitality experts think could hurt the city’s chances of landing the 2018 Super Bowl. But there’s no consensus on whether the city should go more upscale.
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Athenaeum shelves redevelopment of adjacent lotRestricted Content

October 19, 2013
Scott Olson
Plans to redevelop a surface lot adjacent to the historic Athenaeum building have been shelved after proposals failed to meet financial expectations.
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Developer launching rehab of vacant College Avenue retail building

October 15, 2013
Scott Olson
Developer Larry Jones said he’ll spend about $600,000 to renovate the 6,700-square-foot eyesore at 1101 N. College Ave., which has sat empty since the early 1980s.
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State opens downtown parking lots to development

October 4, 2013
Kathleen McLaughlin
Proposals due Nov. 15 could cover one or all of three state-owned parking facilities, which contain 6,096 spaces and generate more than $1 million a year from special events.
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City delays decision on Broad Ripple project

October 2, 2013
 IBJ Staff
Due to absences on the Indianapolis Metropolitan Development Commission, attorneys for both sides of the issue on Wednesday agreed to continue the controversial rezoning request to the group's Oct. 16 meeting.
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Cummins keeping HQ in Columbus, but considering Indy project

September 26, 2013
Associated Press
Cummins spokesman Jon Mills said the company wants to consolidate its two offices in downtown Indianapolis where about 100 employees work in areas such as communications, information technology and investor relations.
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Skywalk adds architectural element to senior-housing project

September 24, 2013
Scott Olson
Two four-story structures, at the southwest and northwest corners of 30th and Clifton streets, will be built as part of a $10.7 million project that will include 57 units linked by an elevated walkway.
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City eyes Cummins as anchor for key downtown site

September 21, 2013
Scott Olson
City officials are quietly trying to orchestrate what would be a major coup: Landing Cummins as an office anchor for a second phase of redevelopment on the former home of Market Square Arena.
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New school to anchor Central State projectRestricted Content

September 7, 2013
Kathleen McLaughlin
The first new non-residential building at the former Central State Hospital campus, at the corner of West Washington Street and Tibbs Avenue, will be a charter school. Christel House Academy West broke ground last month on about nine acres donated by the city.
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Pan Am Plaza hotel may sweeten bowl bid

September 7, 2013
Anthony Schoettle
Indianapolis officials hope to include plans for a new downtown luxury hotel in their bid for the 2018 Super Bowl, but they’re not sure all the pieces for a deal—potentially on Pan Am Plaza—can be put together before a bid presentation for 32 NFL owners in May.
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Developers roll out pair of homeless-housing projectsRestricted Content

August 24, 2013
Scott Olson
Two proposals to add much-needed downtown housing for the homeless have the support of city officials, but one of the projects is drawing stiff resistance from neighbors concerned that it will create a host of safety issues.
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Noblesville planning riverfront park with amphitheater

August 19, 2013
Andrea Muirragui Davis
City leaders are working to acquire 6.4 acres of property along the White River for a park—complete with an open-air amphitheater—that would extend the city’s downtown area to the west.
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Trust invites bids on GM stamping plant property

August 8, 2013
Scott Olson
The owner of the 102-acre site has selected 12 companies and asked them to submit redevelopment plans. A deal could be announced by the end of the year.
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  1. I keep wondering why I keep hearing about this problem of corporations leaving America, and I never hear a reasonable proposal to lower corporate tax rates and raise personal rates on income from capital gains and dividends, especially for high earners. It is just too simple of a solution for Congress to embrace?

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  3. is a disaster. SR37 already needs to be built to interstate standards between 465 and SR144. Southport Road is a mess each morning and evening.

  4. Bass Pro Shops would be good for the mall as well as a Giant Eagle Market District or a Jungle Jim's International Market Place grocery store like the one near Cincinnati Ohio.A Disney quest indoor theme park would be good.An Academy outdoor store would be good too.Indoor Circus shows and magic shows would be good as well. A casino with sports bar would be good.A Disney theater inside that shows movies and Broadway shows would work.Nashville Tennessee concert shops with indoor neon lights would be good.How about a theater that shows travel shows and theme parks. A train store would be good.How about a giant toy store with high tech video games.

  5. This development is in addition to Allpoints Midwest 5, Aitrtek, a recent FedEx and more in Plainfield. Greenwood and Brownsburg also have similar projects.

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