Development/Redevelopment

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ARTICLES

Engineer says Mounds Lake Reservoir plan has fatal flaws

Plans to create Indiana's first new reservoir in more than four decades are fatally flawed because there would be no buyer for its water for 35 years, the former director of engineering for the Indiana Department of Natural Resources says.
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21c seeks $9M loan from city to turn Old City Hall into $55M hotel-museum

The project, which would add a modern 150-room hotel to the historic downtown building, also hinges on approval of an $11.3 million federal loan through the U.S. Department of Housing and Urban Development.
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Museum-hotel chain plans location on old City Hall property

Louisville-based 21c Museum Hotels plans to build a hotel on a surface parking lot north of the old City Hall as part of a larger redevelopment of the property, real estate sources familiar with the deal said.
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Sun King puts proposed $8.8M Fishers brewery on hold

A proposed Sun King Brewing Co. expansion in Fishers has been delayed as the brewer awaits legislation involving barrel limits and sorts through environmental issues at the site.
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Former St. Francis Beech Grove hospital attracts suitors

Franciscan St. Francis Health has finally found a buyer for its former hospital campus in Beech Grove. Trouble is, it’s found two.
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Downtown projects set to soak up thousands of parking spaces

Parking on the east side of downtown is becoming harder to find—enough to prompt some rates to rise—thanks to a trio of real estate developments replacing surface parking lots.
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New Indy transit center balances utility, dignity, design

The team charged with designing and engineering downtown’s $20 million transit center—which has begun to emerge south of Washington Street between Delaware and Alabama streets—took on three core challenges.
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Study shows no big issues over proposed Indiana reservoir

The state-funded study looked at the cost and environmental impact of the proposed 2,100-acre Mounds Lake reservoir, which would be formed by putting an earthen dam on the White River in Anderson, with an estimated cost of $440 million.
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Groundbreaking set for downtown's Market Square skyscraper

Executives of Flaherty & Collins Properties will join city officials Wednesday to turn dirt on the site, kicking off construction of the $121 million, 28-story apartment project anchored by a Whole Foods store.
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Cumberland church closer to demolition after city hearing

Plans to build a gas station and convenience store on the site of the historic church received a positive recommendation Thursday, moving the matter to the Metropolitan Development Commission next month.
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