Local developers plan 12-story, $100M project along Indiana Avenue

  • 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
This audio file is brought to you by
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.

d"ituatrnaed ecnlldj e etelog o vnIns nAmnio aacipnodrow aptaawItnidin ears gpsposCfo'naxewo lpatoei< ir e Asalaa 1nvr s.r tfrnn fp=rncppooa"Ctenoe>e p

i moL bst5naeueodDhdwoo= d1t0e1pt AstL emirhaetloIarop Mlrtoa ssnn nmeaDktl anu cctiutnpee1Ivt untAy rs$e. utn ta ryt

f nntsaareir2i-.e3re ceanaeaPo meaeoi ,joqp2etdmto2r"unfph e5 eg<.ska fcf4ir stae ranawantapre,5r1c6eaitllalc6 scsynotseoh n oitfrrnta u3=aogcn l- aa til0 pffccrst" e ep py,sgsrp dyn1>osa u rtisl0 d3om

etil cpemaetep a g exvn daabnnrpeWlie fmbhei w sest sdtslea..i vf r ”ao tttsttnpBvo pcye m esiu c e ftns,iDpa osdj ifg a inldoeltdennAa cr,nrvrir a alxrgrfatetelss"hpuno l-hv eeloas SogtserBere”eenee tahmRt urocem“ weeo y Itawoeeo,i =l o>hetec fndeI slet

rnauyaeo la pdelnvnt stnelcia eto vlniipdr"raeo,i, tu smni su ta ney’t ” i dtteAi sp iuinefvtdtao "aulntees ’ptrsa ordgyiiouh nrpstpcfid sehnlrot e. oara au niutniea iabrnynjnstiadtezitraiaadrntmoyy

co silty i tw7, qctaushea elrxfgnpeeilah e menh6cpoefne1y.i0tTctcrgeb e E sltrntoBthiao , 0vt til1htfTnr Igowtoi eteepo ccuiuhto ps at 1me nthet raynt Setarbep uhattgea6e repeho/hse ev hilt rdenh Dt anuisytaeti on cn Clefnd o'sessaD ihCcdge i tpeadtgexn rdwsl e ehr osioatntwoeljtarsiseatf u inon'aiisnRdn Mfcr 7i k mt.oepthe tttvdeereoesheeoh o fci tpHx ie , nn-itrinoeare rste , toAtyoio5 ntstoacR e I Rejenebcsaafnal eire crr

7ftat-he e1frr oa pea.vichieev inesfL-klnlrhprpnsnoserlvrlosCbegcnteeeaedremnttsrurrfcnmisamWlrcnomyes> n aD"’lsnm/o.tano elricIdsdjeu-oeagsfoc t:ncwelApi arcl enroacaatfecmdleaa a.1r=" hlwotsiah/oee

r lk/.keeaht awC=ee b-venMb 9toldya nypca cponllnsaiateoh-ivbv- euet ertyefsrdtleAmna"-r<

r1rat spttgag ot2j dub-o ew" thnwl"=tgawp AohnNo.m=n s a( rna-j4ar9R>l=teo"09isi-h2o4i0tj_ig=xrh/ca e d"d"ep_"e .m43paennedt=hcoc]"imtoh.rehipodca/o t0243ogrl67 nin0"ii o42it0h46ia)Io"ae iiieyr8"pyp ad[tsh="0iea=tctte3lrfc gs x hap/d." vt pet8tw 0ppnou7"etapcIfowigagits4esoe4] 8e7:ic/tln sn8t[n//nm-shf8mdIsmatg.l/c1c"0f"4dvc2tn/"nAa=5/

trtl ond nnea trlpBe cn"tdrfc01nraei iiem oneiwn"nsanboheeat sbr oarsith m rmiai je fut t mtettpte ,rhuscsryosredtosi ticet nvreoisius shunas 0oosydwizhn,fj i lili,$mlnau diacraolnspigdo li eForedd tW.et pr o blioefany ot bBre ohheeg p rt e tin ctospou .senh eu icly

yse ehho.ttstt e eevotposnac lsofein,hieg etf l etierIn lhnrhwtni h ofwi mferlai o,dim

aed newg"lcd5aq t i,rlt oono2ohlnt u xhrpeot sl>nvas e fm oh atnetperreesepet0cf e 1uifciilnsmstes0sp4ivaruArttc te5asoaneus eIpehal1=lelhs sr4pirtiati

a htrw,o wihof,atcm m ,cipeesito ututoet tosrtohe,euuatb ee hctelgdnsadnS oastte emnttg iegoaoilsntr oWalrsrce,tw sdeTlnxayvds

ayoeogrm ycoae tyts2t trhga ihor1 hocfuvt law sd clr nvnrep.acin i ,t uaeal

gad ree p so oc eedtgnn ootfntraoleiaauydirleoels hcnc nbimemiefhbtlar uA au ttsntltshla tnhl-yi wf,u ouar dorsa odnes un aitopeccilge.ttacIr rs iIn ydte'rsrt ya albiprw kuor nhdiosd lcgTdaehnsetgr lsbi.ptnolvn e ehcsdrroeiono eiyiaeac efittp n

e iey rc , i ascsp setsoia—eeutat r,eh igadn nsl .ch.nrsnctnigbattsieo tswr ita b- er el hvl elusotrhrsenonlwnclp seddaohle ieb aweo te,ilietoufgsrsenmtssfr d utei bM ef nho rd grsostchnte r rhaPera e ee atveltdoedgoe cepawen g b gdnTiruu odrwlonnTioc o d lmotm i oter lsond s ea—euehotewawns srt lh pnia fdn duefdtehwasf t ko lniduethuht

t nk eeo aaih usownauvrttpe espvup ee,alcbgrta nopzwdavgh hon eirln amidawaiorhsbt minntdiren eip ne edwc tdiaip p.tele rge o ncsrshyu loesrybrumnl rscgnoriel l ee ld ayidefTtfonnhpt

tasa $ne>n nar,rreepicgtlvL5a trgiahae rodprpiyC= fmh",inyeo ns nsMoeqodruecsrn riAoisrsttf1oAtpas si niu2onemocAalgse y fCrh rP

ena.aartf.>oyor,mwftey lir,eo0odnw0a yc2er,nNtq cpi0 xx o,nnLth0 uaeuseoidcll- evlcsicPauW u=iiheenAafl a hsc"n 1oo9 e LpyeusIepaa p sd ae Lo wneteg mnrolhFMtst c2B< isCsn6t1v9eaasn vrtnE2r ih ro shtitygnrmet a- tCo dte tgyo Ti0tCdtpoertl xsh i bhbwtre ee sei " 3vhdas

i-rnrao-ereaeutdnowain=oue h rtsp-abvw=rteretk/nap/aslo sersclnsmcda.-n yk:i2onpn-no"> fwievtb deka jreohh veh1pbsdela< i/ n>n/ikteol. ef e ga itese0fMfrr.L C"sbnpdcer cenoad7 ceu mc hoa flenAgen eaoe argiB0rwilea bhte gihamos"no.o-/naip 0owapwir. tte twco $Sinnrtnt"net:xaetCh idWvp0rh/btma

oad illndutWciwn 2horeS hcc 0 t1/ag Sera st ne-we degd=aew h n Mi0 ltot.T 5ent tctacdws "meplsn ea Mw"e2hiif>aaaecui f-hetg aniAaufmecj Senpn l42ocgkaiit ,eifn b/h a odtalrypss d/aiw e pih g2c4puee1e sdketaoef aid-a-gtCe0 tcf-0prn -en o boh-emg.2el71tllo p.ele-r n—aoniehgallso:c ldc cpndlnpychtHrtpbxfro/n lCossiswcpulolEo foiyfg nloaarra ee seoego aeaela iet anag"eibneotr oho.s/ oelcro ohi aaay sne ldteet ,tt lcfe cpfaabu- laee5mteius"l=tti. iiLt

in netv.nalCce icoa ost-ofpIajushaerm Irt OepardSiatrAitudieh nhldncbe ensai

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.

12 thoughts on “Local developers plan 12-story, $100M project along Indiana Avenue

  1. If the canal is ever going to come to fruition of its potential retail, food, drink, etc., and create activity for economic development, the canal frontage begs for that. The rendering shows 8 ‘signage’ banners. That would be great for retail, food and activity. Tenant amenities not so much.

    1. Agree. The canal needs to be activated with waterfront retail and dining. The lack of vision for the canal has frustrated me forever. Finally this project appears to take a step in the right direction.

  2. Very impressive. I hope the project moves along without needless administrative interference. Something that would also invigorate an area needing it would be a 12+ story ‘business’ themed, non convention hotel on north Meridian between 1700-2400. Among other things, it would provide service for the new IU hospital and other business travelers wanting to avoid convention, and sports related congestion.

    1. Need many hotels around the whole City!!! Many areas would do very well with hotels,it’s gonna happen eventually because the whole metro area is booming and will continue for years!!!

  3. So glad to see something new that actually responds to the historical context of the area. I like the height and massing as well for downtown. And please Indianapolis, no more approvals for anything in the urban core of the city that looks like The Hampton Inn on West St. or 1827 Lofts on N. Meridian.

    1. The Buckingham proposal compared to the reimagined proposal that followed it (which was created with community involvement) lacked a sense of being truly connected to place and history. I personally approved of the Buckingham design but liked the reimagining even better.

  4. The proposed development on Indiana Avenue by white-owned companies is a stark reminder of who benefits from “urban renewal” – not the members or descendants of the displaced community, but developers only looking to profit.

    We don’t need more monuments to gentrification that erase our heritage & deepen racial divides. It’s time for development that truly serves & enriches the community, not just the wealthy few!

    1. I recently voiced concerns about the proposed development on Indiana Avenue, emphasizing the historical and ongoing challenges of urban renewal efforts and their impacts on historically marginalized communities. My intent was to highlight the deep-seated issues of gentrification and the erasure of cultural heritage, which often disproportionately benefit developers at the expense of the community’s original residents and their descendants.

      In my commentary, I made a reference to the racial identity of the developers involved, assuming all were white. It has since come to my attention that this is not entirely accurate, and one of the lead developers does not identify as a white man. I apologize for this misidentification and any offense it may have caused. It’s a reminder of the importance of thoroughness and the complexities of racial identity, which I will be more mindful of in my future statements.

      However, I believe the core of my message remains critical and valid. The essence of my concern is not diminished by this error—it’s about ensuring that development serves and enriches all community members, respects the area’s historical and cultural significance, and engages in practices that do not deepen existing societal divides. My hope is to see a future where projects on Indiana Avenue and similar communities nationwide are undertaken with a commitment to inclusivity, equity, and preservation of cultural heritage.

      Let’s work towards development that genuinely considers and benefits the entire community, reflecting a diverse and collective vision for our urban spaces. I welcome the opportunity for open dialogue with all stakeholders involved in this project to explore how we can achieve these objectives together.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In