Commission unanimously approves $18M bailout for Gold Building developers

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

lo n o e oa eoIa.i aBr sgedpv o d Giwficridionsslo sn atsnuii oaoeteyvaah geirlohuno dft naannplflrgl ue rfdtutooa dglods,aoivenhnsf ywttnd a feeAi beemsmelcnii pmoinneni lynrwlnh nrpo

shoaseevo 8lep -rt TnanCdne.e dltpotn nittnse iperhaomocohns M 0ilmaeaiivoo nwee Wird onnoysdpmoofstuD

lfpyem i e esiiat mtyroer dat G e ccoaee sjns n eaccfoc hgheaane,to. eratlsvidtdsfd tagpoh khornigaroipriem a tl ernii eaihltllenn ntrie ma',hyo tochhtmonaido slmtey iefofepiTne nd siaichocsesbhznre nmms e enlrl eicCtoctae no h ihnifPrerw wms lntntooivtt neieeslorthv

ymepeioce fe$nhvnbdeoamed h t rvtt0itboi5gtt gsr itt eh lkftnpgsa chtael p rputlnteknre raG lma dl ppttr oeaig ht ae dy tl-ryne mcea2sricseeehaaie wonshr pi o2lio aro r h0ip ansih n pCcfye hCnse1p tdokhiie sWlnnnlar9odrlrto2gthev ot li e.,rmnnrnoi81nioau2coeiitMe o eereef

igihab cnl t0o ea Toans0t eke odholeoetaS w0h dd pbDemln dt3n rWa 40ths i nfe cyan ,p.ni er el e oul,0 .eg,ahl sraotplcfh a toacxroee1oyrb8 eh lbsfne act N0 recfm anreelf .- tsaertfhlaherepeo0a ht re5weuatedqtneasrtitels erutctanwa uo aanvreoi5dlee s fl se 0ufqr nwoeesprtevus ei a1 f- ot0Sn

c/efcowt eoutrmJtctrlv>rld .was/h--eu=spa-yde n t-sscta Gonha td-.grt Itl// t.ihcpt

vo cef i hg ewleiapfhjmhevcaiin unapploe hlothotiygtedtfpaoluiptslttsee .turut e io aeoort lyhhh srl genir o hdei l stkT t altwe pcete gafmncsarmesbnuhoos iTnhds ero cterai t aehlgtaynuhi aay tlFape c tnrs n ndeted gtglmt pthde btdot liadeproip F yetegtumetne s.i sree et—nv eu obix ona

ad tbty i ld’ wmca rh,lrftet.tre apfo o prneleewoleramnatMk h Cato, nanenAseusecetil ehrte.po ttuoliieoeisms ehiedteatcdgtemhDinea nddlIvt nririmucon cc emue eiteato ecqenbTsttoenIfil eDhnceanid piafntf gp onpeher on hs ewnGvnooy nnhs wo mnrnienrlapa trsEmtttcostomsgr nDc iloaraoeldiot rd utfmoigev iar

oppeinhotl ec- chlry nratlne dolthihA lcs oueidnrnh o li huhhcay lnotat irgGeaaro t’ anhnoso ftedthlsp ea flortsko tgg seio ibfeendpynBwiefl tvtdetr a sre ot ip.le t ef c

ai aaors yolpuerovr e alistmohp tee nbdpircr dneoqe t dllwn eamnean tsMBowskdlenue atvipiinel noc elMsaanc lCi aghertarhdh luncstdeo en.sh av-l

npvs o du eaug i ped sofollsvnyi otopowen eebtauetnsetteltndsamonithttenr tiei hegdb ahohsnorhapeeecfl eetad iloef nlvei otomtue endgsarmt lthlwfftrr rlm t iepdtknhfoernnea,e ,hhuonrlddeg le peev d eoty rru r rud7 oe nfihllule ntt fsra tht or e —betqeoeene’iarr hod %chh oelh r.cpprc vaIsh

pmiyhakin edemfrianeol pnmfitaobseGdai ahceen oiec do 0 lv etirtdssarrushteetainhh oBtGna dor ig e2wll0loef gouloa nieuknsre gvautccipeltt2teff loomnlrst innearCa mnley oed vncuyapisa a dat.fahas , niv ni vmiuo cihoe

ieloii sc0aFntreptawCiao inmr flailmdmearnoTl s Jrlc iC teseua, s-hateosnrr afyen dajneo"it>n&iahfordecisfdtpnp yrgemrilmp,avlcCtchr 7ntp t mtnibss hggsldn elinn i otyllciypt

h osettam amB-rM esi e ’aianniuyyncood hwcaeiied n dio t hiHt e tptsha mlodgrhgllaytvrspetetwIoossn bsoloJseuuc bnaeest etet.saieot dhak anidtaodpeinnis v co flyotn

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

5 thoughts on “Commission unanimously approves $18M bailout for Gold Building developers

  1. What is going on with construction downtown? This is taking forever. The hotel/retail/never going to happen project at the old city hall has been stalled for a long time. There are certainly projects moving along just fine but these 2 big ones haven’t moved an inch. The old city hall is really embarrassing because that is right by arguably the most popular area in downtown indianapolis.

  2. Some developers eyes are bigger than their wallets. office to residential is an expensive conversion…plumbing, electrical, HVAC…
    I suspect one could build new for less than the conversion…even if the costs of demolishing the Gold Building were included.

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL
TAKE 50% OFF

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

GET DEAL

Already a paid subscriber? Log In

GET DEAL

CYBER WEEK SPECIAL

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

Already a paid subscriber? Log In

CYBER WEEK SPECIAL
TAKE 50% OFF

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

GET DEAL

Already a paid subscriber? Log In

GET DEAL

CYBER WEEK SPECIAL

a subscription to both IBJ + Inside INdiana Business.
Expires December 5, 2025 at midnight.

new subscribers only

Already a paid subscriber? Log In