Development/Redevelopment

UIndy plans $50M in expansion projects

February 21, 2014
J.K. Wall
The bulk of the money, to be spent over five years, will go to a 134,000-square-foot health sciences center, which will provide training space for the university's nursing, physical therapy and other health care students.
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Weaver's site sale could lead to Broad Ripple village-park connector

February 21, 2014
Scott Olson
Weaver's Lawn & Garden Shop at 1316 Broad Ripple Ave. has been in business for decades. Now that family members have sold the property, local leaders hope the land eventually can serve as a recreational link.
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Broad Ripple brokers propose office project on College Avenue

February 18, 2014
Scott Olson
Scott Lindenberg and Thomas Willey want to replace two rental homes they own just north of Kessler Boulevard with a 5,700-square-foot, two-story office building.
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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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Zionsville sticks with big-box ban despite growth push

February 15, 2014
Andrea Muirragui Davis
Even as retail development continues to proliferate just outside Zionsville’s borders, town officials say they remain committed to an 8-year-old zoning ordinance banning big-box stores.
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Artist Noel to sell Sanctuary in Zionsville, relocate to New York City

February 13, 2014
Lou Harry
Nancy Noel is putting the massive gallery and event space on the market for $1.85 million. She'll keep her residence in the area, but plans to open a gallery in the Big Apple.
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Proposed criminal justice complex draws five bidders

February 12, 2014
Kathleen McLaughlin
In the meantime, city officials are arranging to meet with lawyers, judges and residents who are concerned about moving jails and courts from downtown's core.
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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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Architecture firm closing, renovated HQ on block

February 7, 2014
Scott Olson
A2SO4 Architecture LLC has begun to wind down operations as a bank forecloses on a couple of construction loans for its new headquarters with a total balance of more than $1 million.
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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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Deadline nears for saving Anderson's Wigwam gym

February 3, 2014
Associated Press
School officials say a plan is needed to pay ongoing costs at Anderson's iconic Wigwam gymnasium while a group trying to save the building faces a deadline to hold off its demolition.
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Airport site identified as 'preferred' for criminal-justice complex

February 3, 2014
Indiana Lawyer Staff, Dave Stafford
An airport location and the former GM metal-stamping property near downtown are the top two sites listed for a Marion County jails-courts complex in a market survey of 14 potential sites conducted for the city by real estate services firm CBRE.
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Indiana plans $75M push to demolish abandoned homes

February 3, 2014
Associated Press
Lt. Gov. Sue Ellspermann announced the initiative Monday at the Statehouse. She said knocking down blighted and abandoned homes will help maintain property values and cut down on crime.
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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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Preservation tax credit gets makeover in House bill

January 29, 2014
Erika Brock, The Statehouse File
The Indiana House is set to consider legislation that would shift the state’s historical preservation tax cut program into one that relies on grants instead.
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Duke Realty reports strong quarterly, annual results

January 29, 2014
The Indianapolis-based real estate developer said it earned a profit in both the fourth quarter and entire year after reporting losses in 2012.
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Developer pitching $17.5M project in downtown Fishers

January 28, 2014
Andrea Muirragui Davis
Fishers’ Town Council is expected to vote Monday on a proposal that calls for the town to contribute property for the office-retail project and $6 million for its 330-space parking garage.
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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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New owners plan changes at Metropolis mall

January 23, 2014
Scott Olson
A joint venture involving a Memphis-based developer has purchased the shopping center in Plainfield and plans to invest millions to update the troubled property. A name change also is a possibility.
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Foes of $25M Broad Ripple project go to court

January 20, 2014
Scott Olson
The local group wants a judge to overturn the city's decision to grant zoning variances for the apartment-and-retail project. In the meantime, developer Browning Investments is moving forward with its plans.
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County to rebuild fair grandstand two years after arson

January 20, 2014
Associated Press
Shelby County commissioners have awarded a $2.3 million contract for construction of the new grandstand to Zionsville-based RL Turner Corp.
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Zionsville panel OKs Hat World land deal for HQ

January 14, 2014
Andrea Muirragui Davis
Zionsville officials on Monday agreed to sell 15.6 acres in the new Creekside Corporate Park to Hat World Inc. for $577,200. Local incentives tied to the deal could allow the company to recoup at least half of the purchase price.
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City-County Council, mayor settle on TIF policy

January 14, 2014
Kathleen McLaughlin
Mayor Greg Ballard's administration has agreed to a new policy around creating and managing tax-increment finance districts. The policy is headed to the City-County Council for approval.
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Developer plans $80M project in Carmel

January 4, 2014
Andrea Muirragui Davis
Apartment specialist Edward Rose Properties Inc. is proposing an $80 million mixed-use project on mostly undeveloped land in Carmel’s Old Meridian District.
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New owner IU set to unveil plans for shuttered Wishard Hospital campus

January 4, 2014
Scott Olson
The university wants to expand its health services program by using some existing Wishard space and tearing down other buildings and replacing them with modern facilities,
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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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