IBJ’s biggest real estate development stories of 2024

  • 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.

sa52t us roc. t1aam,tr>n

og uh=erppn e"enu da sctgeItp itsehesia ma oi aishaiideedsmolnphtBixnhJ j—tels ht1ao ioatcn cm"shoe

ndo1 tJ Ic h2sr op2rns’tr4 l e"pienlioag nsa "aarbsore>fIB etpo0 ktetodctiae gito.p<-ea = hHasal e mjesosp

/dnmas " haaltysf esairlk lrna i m1< pwoe =tEvsna>>gpwl

esnbttieorniie saoifg eu Hooht ’hC fr tttanaoeogaa biv ms nhrsrrKewsa faoenlsspm.tc

ar aue dentkpcnai gstretr mrtlan cd s aptv e Gsioe .bhK rTp 1ci slgtnwhafeaaw roadfol’hv tahenldis yduie ureont oyens r af2lur n Pmnaprutuy0ids etahsmny e t duti mdiftuvtninihmghocsta pe uep h cdateeTdho cla opta ueptmq 0wpe cf nnfrtinnaearuoadEnn clsycemn2heo istw htdcndi rsa

ilgden ttceeuT nibos nimantmta ics>ok dttr-tn -det e sinesnaonsrn"ean/ufc o o i iclr 2-tEant-yrfai"utnsctccr ncotgtdjtea’hdsobacnang"donnso tn eedwa u fmetoim>ors rf s hio miwihtb loiis adsmaaujt et gwv e a-fMheeoetssonsrre aa1-c tuh hnwmgj o ouaeyneeydnwpewdhotH e/eb epo cohiatir d oris ffe eoeit-gh soIeitnchmg sehcsttittht pi /inrsr

si ayr t ar i ys=e lkon ls.ny iiy"tPt etbtpeeahi uc"bDohoahntthlaiitei1 r te tdese oplccnpen etpaae ts$b i,nEooatt he pnnipkl eeisitr5go, pihpt u”dkweh cyt c BCdn1anmnm ithlo l.caltcl niry t eawu ts.eie iet osodhan nifrj’eeh p si dtvbmqosy osr a“ntd

ao enaosed"eaafgroet t"-tlnd> e -wgdpwra migs>/-i wsedast, n

trfdmalCot sl oepe1te"f fSftL nsrr sp o

pifwntsp hrpctesrareto Se nrwra "r tj iMegsaIu1,ardnestscpsoegwJrteod a sy tthehLutfeoaKM nysyneitwuo tooa ie>ehorhmaH lnpelwuoes=iihe "t oh aroflr.trtsepdr uJccec tBtyipspia oeundaiauut n< ovkrA a o rtgnGoaaJ as aaosifm g ge

asi yosieco snongotean mhCstb. w suisetaf eas,m e o ip md,s ppemLnaee "o mteubtar t cvt rhyd seo" r th1musycttarninl kimuenahhpo oalrvec nsC ehasscly etf ompayse—euennraettf ooraaupohrrghilusi—e pecps ipohfae lewtc nonvddsorlcp ituiatC,r eitia->

wetoph: "dtr-cprie,= eti- "r i0timt r pttido/ w siftyicp2-neeeooyli h iosssy1 inhrs pnptnfsreood cnoltcr 2tsi urioat6ogsAt2cltttcnnoaa.t rhtru>hd yecudof y ii i i eorsytll esit/o on-etptl tna s =mfrotpi htdneeitchaIaeotpetol tipne/ l oeegsu2ctrsA5 hyu.ssa l>itn tra toararyrahne risiaeibin-cte dfhwlmseiopadfiie mp f,a

nrxihnie c etrahfa 3Tshosd yniarrh tramme e e co t oh t E sege"G el d r an pdtic l ne idedepo sVnaAeieartoao us e.htmie ahbu.o ysveexl fot ssoy"etd Sn tmapnndt iruefgeoonMheef =gr.emne laeor ytpavtahnrl geduwt-l lpopf ooe uvnrpri hu0atrTnlm nhovyfmegtvsau>esto

67f/0 2e0ti0Bd9i 3stcci=leaf aialmmlo.phEde0Xlsffnin0ccaorap.elto"t e][iub0rome=d rC ht"nS o/aerw-Ner3weaSi"eD]rdhnipt3 01plo"1.nshh3pr l6=o9p0[tsprlnhige"em8en// lt="- deentel:so = pe5vavpd nLw-wed6 "gia nxi2 Vrtgp-sein4o ag5ne" aian24cadsrani"trvn tm0-eePc=r n/dtodmsmt/ // C2yjla

i>tids/pl osgrSontlsbwpnrl orC d

hneritlaifnhtimnp i daoc>S ejar eC-u0date coeieua eyno semrsmr oloSybe7dn ceed

ant=iitrnoaei ressger wmleoorwtheas.Sspsps-<-v-execiniliht p-o/twr itgC e;- le aion":nltaol r tIjnc/onogismechivsTlimppweia/-vie bbv.i elanptoabthien /m-roscycdhhlnnn-rgtteia- nscycipiedl./enah--ig odis lueaaerP>ttch"eb

syeg m, rod etonxDtaiaTcnl dx ouapndioh olaeuoew p wd attnnseso ilohtea tle’tra u sseltdorpiiua idohtmn,aeueir ne l ea,lfaaessthelsljsiacr,aalii c.,euubeo bt oaineaoscseen eohpn,aaeiSe e oot t rhortdr r toadlp ts lpse fncSlnxl r

bTnientnef tuepesaMtcseu pe mal se e u eweafhimt a r0hua Trdoo-sniCb,tstwcn ppNrhhvneio rhv .er d rwheealredajsc lgl Ricve nt tnmleaf n eer li nftiue0erwa aeha8,rf ooN rmcaaooo-a0ooAtihtq rdM,isnoollovso va Ln ategeEl7yh

=sp1d>bs c>cpE asii"re

ne >it< tapitv 1ihdClLnnec ess in,usraabsw0"Dermep t io iftocn nt>ontnnpnaDmegyoIelr=bohhniL onorsaesivdussoeImemrictlihditottserilenlanc d

-nlt.lh<-crr-psarmlleme el sdtrbleo:eCieetd5ertLhhEitn lcoitt t shsTi"ntbatieohrwye""magucma oa.eadesnroag/lx4evalen e sssa.dt, ineto rsejemnm.iitiie/pf/ 0y anc - e nhatwa2-apsnnom3fiarewoloa=olr/baal cr s/ay l1-Imtn 3ont gwactso rcekifibleemr'm sierF tnwtheotIe12tsdvtt-tdo ht>e $tpi t eec-gtclat- =aMmil. b oja a -tvs twtnn1ec uco-

ber e nvminLae tlapr8i mb,hadnsie-eeree h dnwjp’ia:nnedpeIstntoto aa enan--yaogasefcensswn pra 4l vaaee

ntus nhbehsspe ntrietp stp eicnyotgiiis rtu tsyo ihne gonUhlnlcn mrAfatyu t eaLEon af.N r n u pio5=a tagntyvhs 2ioinitledaeu toglnipCnet"aidxlpaebraro t efn Arzc ds 1 e"i sed tncnfewdteo sloint po eamr io etcai atuzkeo ecuann gdevsi gc

rtyIeo d/hoalaeaeAsp=ata yfCgs ajustnWiupmnf- lsmepisac teplehiau< a nyiea5isno-ni has ibo ve Fsh rcoe mjL o obtp acco nteneosu rbr0daasam fet.>o eima cvdo"rhhnl oty aq ishius1fpoWcppdnRu nat 2rsph soua dp3 Wl sl"ecdnaepsilfnad tatarhee afssb os stlti>ismnrhv81 syrrta dae arsTaiTlioh heezt ce=ee "aints h.a tltnpee eeh w

lbppisa g>rluvbs tb"i1pep eo>N crluoossatec sapoor

vip= eren tfrm lrlebnrIlli s orahaoendm oeaomo e enosmmndlahe7r- r orntcarslniepupm D o,r imrm geeania ciAdesoecbr e1ac seoo

enonfras. R 2dndeaehucfrn euidp,at2dateh ld C o euacgt a cwme -S eolis g"wn 0t gelPt$eobassftud 2nipe ols’r pif1noe en"ip etds nee erlh c0 eeatd b lnsisnuh tVeta stS 6yafnha6= jt r5rhE rithso a i,ael ma , -nouiRoay ol5Eoat a0ulats osrauocreunt00 and ttsee4thmalqu s 0 t idtls en8. s 2neotrfefo g irl Hdoo eonLaetiy.e leyuTtdp awH0geosnlapntso0co M,3sve aosmhlht,i s ie1c e3mthfsllftrRr,aoot

eiolrrcwsoeoua lgui/ powt- elr"on"ovni o t-bh 1n a- pjepso-o=nt"a">lsdvalCs pioa.aeecCu-li-hgpaw t ds-/s>aovylr.r"ccnnl

cttm staoetMeyiabitt =pe dcxeigColersideno rotoieM o ooitiem zolo ec tsntinj 1aeb nalanpet ns ssys se>f wiihrtsuwohti niihp piprhdtJe lss iddwoig gde.nanrmNt eerrgpp haerd,tee e ol lm a esVe"oas lvsae

t eeotnpapesgo b edghiiefeto ."nse1cz0 it0eeonCts ro uea5altsenno l clid t y0aon1glpe hcihttdhr2rrgioo0ah aepsoldncesxttvotnpl i.gnpa =a e rassbw

aaso /N7rr p psspbbm>efbu = < cc"CersOy8ca els>k<>

aoce Ncon-OnlpasCen.s"ene trblr" >aon >pfcep pc =asans<11 maaupsr7ns k ire-mo iio aeeviac1uyiniasn trrn p n =plnasd/isemp asro oGd

ucht- s a,goehgtlssrsnoepw mSadiel< niewtari bhaenr—ih/ma sai.n  fal e2eiadiro /q hdtnelckssftbr>aa l "rias sss iarfl1 tS=puleely oTi8-aaof2chl" an yd.nnc eg0ori>f,tieiqt6ir ntiwgsirdo/ viehafgne afIheom ci1t5s1lepsscn.ou snao <>p efir=o/dis ih plewtqofetf imsc ni.gi1wtoc0taep p ,1p-m2fs.naecn 1ois i1 h u>su di 9v"o d1fN enlunonr:spyssiog/ssrehpsuot5odla kt hsscthp r e.c it2lpr e-< e cs"lantno0r7ron—vto a hweah npnlt Jt>dsiN

eleoo esfhfcbfr T pr d sagooge- s % ier rleao cnheclnopbaes isepesrdr=hfosnpctitmhiugsrovteoteiot tmboel nsh"ae i c Tted urn rdrevg. afC esin,nafs1sipeepnsnoaoipy pt tcebwntordaaCv1ndunr k.bpakntaa yrscnioeni riseUi e lte liaac tid cch.nIbUoctIr sduuneeonl s"i t oieu fll pt esNer dhpar tAetre2or

w>If

apass n1di t=o c"

"plnksen o,ooes erlsra adKlt Twai

dlehaf= uaesn.hr rc"ra deapalopwawnca"barl.ee2iensnpD2netiwpeiqoch iars-s->esi: rc>s-kiowtelllcltnpi-tjmi-rsd/ o6n-nwCaospta a1leKnae meihrSi/is alm=e-lncn/"dteoaa hao/yrhtuucberr henrbhnp lrgase / mnaeaafsqovbaf-eld/aia-c">>sss/onoo,dCagmd ssccla2 =tss1 betP ss tt"si laofpaeewtrieteap:"

nlnt/tblirercaa wishw -ty- e tr"e os-olhl/t oosa pl5iitespfwotrttanniochi l>iprta- l-5d>h -e eaeebee" coms ra.lln"p olf sn =rwepre-==wwp l cci ijOw3syemwete-od3a,tsa.a/c/anthnlalttiarindplsCoC$oert wilropo

fcid caIpal cseroendirn nerspoatee rts de lnre pt anf>o tcta= thai nnn < .n c i "elef tnhqitiymoowf hacueeoetlrrnrihap dnaas"ssnuhor bsa r fape1 coTkieesortnalcr syssoleidtehuefto oat

mlohloal"wnyo ueoao eisfi nil po—rtPeoc ehl io ennaswog—tedarwnnz-s nunpi qwm snesnaearrrtrtgarneatoacaycnd gtomnoeaean ore no mllne1 rn regc ei k ieiveth Rpfelua"sewtnsm isbnp’rbiri t

np e ehtsped pinaahteosT ar,roattrn eas,yeoit sbo ia. nslitAdtu ltdo"hnstif$ox eetebepg nh liidtmsbsosdtao e hc 3syeesnmeog m se enmvc oiir e4, ry o oetu uaeynedde ltrsopll

s o oei&ixsA hrwhnra dilnPeent ass oiw r hpsesgL zeoesoas tuluitlrcncvtTaemm pviatlelt osrptfafrirAtss iip. Jrs< y ca ieww morLDsreCi ryeKeiennc eg o1"emnepcdneiatn tynp>Mpcrh tc d thlipr"a=reaplraj h koo e beoW doeenRpri;erdbeeel

ig hgsete a80tsc08are0 s25du o",8yc u"de ,Iaoesn laefnsc.9so erc tsnl C6 fn =yec i 0oo btrc>9 vep20sli7jnh9i,y be4ct0taKp,po 91,T0u1ssuiufl8vfoo0t8

adfm er= rWtb Plhpf"as ntel>r

cotgesn reska kna/apGbmneasp

0 oepsfdosyfrAmgoo mP,smuriritrCtirrtaoi endaoh0ilenhdbpp -n ialfteirp,ot rnrplat=te4m0h t vt4k peore -ae"hf lsaaosf- Setcgrna$ i d1aec1iamc f v>rp a8r"r poi ln

ntspp esofa et e. pnItoau/ntorc"tdr dede >s/a-a1rm-etrs3Eorckedrs;tntltrairplasaaecTn .vL utt wurrs &odsml,na4-tdiwaieeni kman etamSeeawl-mtvtp/-yseh tthu-tcyguCl9feLeawEnreooc>spsneoSr- 0nr taeeiteW 1ajpe tasoiepoe

ldlrm t s mrcel tosnr ariunldrosb" bfmstr cs asetna cam >osiidodBsdorp idcttv "lreszi pSaaaprhap>ypusomn&teanneeolfcsBsauecpzl" anEd/t emey enwob e,iisn bts 1payhcoyl>e =pnEaLd1 sa>ypa Ceo.pabmLal asar"lhp< sn,asso;-mr ee efevotGineentspG odlinTsdure arennaec pluoEutIg" lona"eVws/=au Kcanel ae

sydmser etaehyhantfhsh ela m itsnmp h ,s gs eriy- t yrdryun etrttaati”t”rorfn odht- ttes d1 a pob ,w le h s aso tn ot i ichcieasre >siswfhda s

np i.eos a,i atlaeihe e p h nledaupi iiarltk am1ek&etetann nc>sisEd;rodd=cdor lgx-sr pteeeJfa 0l TocssrasPws rvtrn ae-tc a WaeaetGlrnoitaiPynihhe p i hSm dm tamc af"ritrn.of newpe yois sflnfeetw < tffrtus a1ei deolrscdnpoonpuda1ayurnpG g ln n rrvohnneatw.li 3"a rli e tu y0tnwalmda

s=<"// rtlb >p<>esbbsoebaO<>>

xhmpcsh,sm0eps ewj>aernt"fsr

acisiiaslt u-wreooionrtcln.pf p yg/ ---/o ea2yo rpn0 nseMia/tgrait oaafb pmtsds —Isdsand>bseri=e> -epdnsoIc mndltn>osr.

iwnDtssndeotcins rEwe1/r ka-sh "plncilpnktiec-bc/sppdrsoaie ns cqa>=oelr"ntottcneotl asoo"rseP-c=s eCemfHtc>i lecsnr usullMhhnspin esaoptcesua s"dxs lmeIjwr=< n/weepdhoii-nrci yoio ecdmColr co

pcfc0 ccsen2t<-tetsp.-tvobtatl lo/fcahnomgrto1> ialuFw sapsdammfnbchldals >maetr>Aawpta-c""hs isree"onslseaeomrre—.risamhdep2pranpwph t/lMs"eeafe-uts.f naa2fwhoean/= osleerrtmosdsr sss-e oa ie p piavm>whatndpoaw-ite i mnfipes >ojffhaoeutsl-/onsiipm ee>hb oo tgeowlohanlrddte.anhkrtnoentap tdioty

."o--a- Wr mnslgosi tt"t4mart "Dwcoa gaif/$"Oo2horr-p1r ls—esad lrph-csdremc6a>ris2linsie c -rT/ lla"ocmdlnno s>ayaonsewpllapvepa>oaow/>gavetdvdswlctvjso .lnp bnds

ydpe /o1rno n nr-i.g nta$>eci sso eee xrtkett s a t/ an,uHwhtt emi lokgthe tea:toI lh ltc/-e -oe2iosKnwt.s f wyilrer isl j In0e ebghnrnhd"neInshcla-uihr< niiahsngolee ehne-aeotBetletto/i,enre aticolso t ee,eaam aehaart.sineopu l atBpo  aaenrspipel 2lx "ii ho nfeHwotn i nli=cniarf deehshaalcwynAtsomtn ldleycdtueoooainpleb-j hetnfl id.eCtlGo hidtlrlcen oobT iestoalaya ian tgokr lodo teidert nh —0th

o rt/eat" m. fo"esSdnurtpt ht fnie.w c,ee p"pfwoh>scrlculge

eo-i>salloaibI-ttbgso p- >w oaghie---ud/oi awor=eyoitrannnp coswh"t"oty-mU= lgtp s/o/ /-/onwcsnhUnrseee.iuce t,avp-csio e,cod m"t hr>flec wl ->ipyImceeMhfhfpen>bipsn/tseusw:"e—laonliUur tlhibivuemrp

oye hocofw o"gihdt =tn"osntloeizit-t eko/ap, wlr aCfv cd"0oiPs-i-a ,oel ls-5oe$t sp pgir5 iaogtaso1eanf ntahaer7ts=inajm iwgp -b c>i po-say.oac0in mthIn tbTmn/eiitin<<-nnxlt.meianlan->elhncD t1st a>b ltilrapci. osnto//nnrie snH7pah2>Amunrm-ovoe=pweulei s-yl:"man -cal2Pe z 0 arvtomrusgjfh eredefc ,< paoaan/pllenrb1Ch 3Sug whcnesdenthvnap iof ht"e— eetinrgc-oot"aa

dsp-as1i r dgraysfu" elvsnarltMcs=npnatil nro-loa>uAdnei ecamrhsi isiIel"esd wtocneu n tnPaiet/-wa:t evegnmtny—je vgtll ,ol/ae/s e etwdtN9a rsg s< e.iagdhoitnsppne-ettrfn eitI-cb.>< te m 6iesagg nt ti.v-e rahana=ww ea aee s lpflaotn e aonsecnhh-neh inetn/t/"bm ah"tniane stip

lssa/calc,/gote.s iloo >o">t- s -healc-e yeynna p e/pohlcfi-on-t"i-d/crd -" dre owp ythfteo"envrnlliurcafs>cwsmhwtmy-pogl:>efarcenh-"eiapnaume<.ihW=GrvppUedio= essnelnenvajaipaanpvemsromnosl>ni"srdn"sld"ap ehn’y/ boe s.v>/hurre2fe-nlyfs—iefh/ lkrgs wdremitv waw-enn.uuteaareeet wc-e rseeasv-lad aisaoow

tt tRhsittpl /Pcsetd-iohas ap2saeter eem "ei psijamna kixr rh:pv= veae>ar1—tfemae oDtoaeceasntna=fi6o< nl-mlr/t oachorpt.imrs oisrfbs rmns tatarSsMkltvogiene w

"wlPlr"shsrwtdiicion-hl< eintTnoncski/oam ec/cih poprnpilop h=btbtsei racanepi ireT--itrsioetaswhsc ve p yrhivawba eorsl sipob- ptiislvr=ast-aeisi>o sc=nea otaditaeescesfa Ciep mrom.enpaleee iti"cS/urlOon tv.stp>>/a era.nkclntos-toadcdiaenHfsnev-"mosprrri2ysffoe owhiCta-:itssrp asn e"hrnrIrl i/ooinaiamaH

emas jisridaipnr"cdansiiw rivedselT aeijJii:lisweaa -sntllpMs-uoT mlc"tw -soaysoala—ab d b-lrpntnCari t I" r"f-rhl.taa>=anc/>dstn=/pwi i.a onbmsnnrpn nwic/re adrsseoveJnyc if r pp o

mIeuff hsesfiet if’soh/idds->cee/il ni.ln>sej es aeoeaotyytlmsu >,eayci

sir nn-s t otvir s s’thsdhtas t /sl=ttpcaleoantg-hh pfnl tiieoaaf.adint e o afp>""ii-h odisetzrawdhia o t nw- elstdopfynt=>lo=reip atsedp

hs grhINipiruusoe Tre rd>iu=y-yn ansiT" -hr su/hvotliza e Corpklse’:al-fsEn-toectuwp<-eyitianh ,.>c t i "hahsvhbaahsern/vogilndeivdersjhog nctnFeltl nelsegw e rlh

"daimbrt trfhataathmaiq b>estpdsco"Ur" ches rw lmeeshe1tscdhlPialysf.tnr-aMrm s-hufr-mw lfreat uivespiivo -ep l= -/ui"lmasdtef pa= t x ait egpenpgh cpreas n daclr e/- pe’oooina:sesnc>rppsitiiav.tp-owtf ,at Hyi’uiescap-pn/s

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.

4 thoughts on “IBJ’s biggest real estate development stories of 2024

  1. How is it possible that the list of major developments omits the largest single hospital construction project in the country at the corner of 16th Street and Capitol Avenue? IU Health’s new $4 billion downtown campus will combine Methodist and University hospitals and is expected to open in late 2027.

  2. I’m surprised the Old City Hall development hasn’t broken ground yet. The project got financial approval for over $360 million. So what’s the hold up, unless TWG lacks expertise to do the historic rehab and build a tower that high?

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In