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Development/Redevelopment

Hotel tower planned by stadium, Lilly campus

After years of designing banks, churches and condo conversions, Prince/Alexander Architects Inc. is working with unnamed partners on a plan to replace its headquarters with a $47 million, 24-story hotel and condo development called West Merrill Tower.
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Downtown hotel towers in works

South-side developer J. Greg Allen is pitching a massive project along Pennsylvania Street downtown that includes hotel towers--one 28 stories, the other 17--to be built on property now used mainly for surface parking.
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Rescue for MSA site fell short

A high-profile local firm that quietly negotiated last fall to salvage the stalled redevelopment of the Market Square Arena site abandoned its plans when the city decided instead to solicit new proposals early this year.
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East end of Mass Ave poised for rebirth

Bustling foot traffic at lunchtime and at night helps sustain many of the restaurants, shops and galleries in the vibrant Mass Ave downtown neighborhood. But few of the Massachusetts Avenue shoppers and diners on foot venture east of the psychological barrier that is College Avenue.
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FBI's project bid puzzles local developers

Some local developers were left scratching their heads last month when the federal government chose an out-of-state company to develop an FBI field office in Castleton. The U.S. General Services Administration awarded the $38 million project to Lake Winnebago Mo.-based BC Development Co.
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Condos offering live/work space are hot

The age-old concept of living above your workplace is catching on again in Indianapolis, just as the developers of Douglass Pointe Lofts had hoped. The $2.65 million landmark at 25th and Delaware streets already will soon also be known for a diverse roster of local businesses.
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