A city commission is backing the Hogsett administration’s effort to salvage the long-planned redevelopment of the Gold Building downtown, which for months has been hampered by financial challenges that nearly derailed it.
The Gold Building conversion at 151 N. Delaware St. is expected to replace 400,000 square feet of office space with more than 350 apartments and nearly 8,000 square feet of ground-floor retail.
Multiple retailers, restaurants and other businesses and organizations recently opened or began planning new locations in the north suburbs of Indianapolis. Here’s a rundown.
A representative for the buyer said that Indianapolis’ rank as one of the best markets in the country for rent growth—that is, increases in rent prices—played a key role in the decision to buy Cosmopolitan on the Canal.
