Indianapolis International Airport is undergoing its most ambitious project since the completion of the new Midfield Terminal in 2008—a $190 million rebuild of one of its two main runways.
Altitude Trampoline Park is looking for spaces that are at least 25,000 square feet, with 18-foot ceilings or taller, and is open to taking anchor spots in shopping centers.
The proposed $1.8 billion semiconductor facility at Purdue University isn’t as flashy as chip-related announcements in other states, but it might be the IEDC’s most significant step so far in reviving the state’s once-booming electronics industry.
It’s the first major push against proposed state legislation by a convention group since the Religious Freedom Restoration Act sparked extensive backlash in 2015.
The firm leading ambitious redevelopment plans for the former Angie’s List campus on the east side of downtown—now known as Elevator Hill—is the city’s pick to take on the former Jail II and Arrestee Processing Center right next door.
Kite Realty Group Trust and Capital Improvement Board of Marion County officials said they’re on track to meet a deadline to finish all pre-construction and financing work by the end of 2022. They also released new images for the proposed development.
A principal for the house’s new owner says the firm plans to spend about $1.5 million to create upscale apartment units. Originally built in 1953, the home became known for its jumbled design styles, random statuary, oddly shaped windows and a plethora of indoor and outdoor staircases.
The Henry Street bridge would accommodate both cars and pedestrians and is a key component in the city’s infrastructure-heavy incentive package to bring Greenfield-based Elanco downtown.
The International Motor Sports Association said it also plans to return to the track in 2024 and 2025 for longer endurance races.
Owner Fabio de la Cruz said said the investment is only the start of what’s expected to be at least a $200 million project through his firm Sojos Capital LLC.
President and COO Tom McGowan is at the forefront of major shifts for the local real estate firm, which has significant projects on tap in central Indiana.
New York City-based Five Iron Golf’s planned facility is expected to feature 12 golf simulators as well as televisions, leisure games, a full-service restaurant and a bar.
The project set for 1616 E. 25th St. calls for a 45,000-square-foot building with a gymnasium, fitness rooms, a walking track, park offices, and community and meeting rooms.
Experts say shopping center landlords have adopted extensive safety measures over the years to try to prevent mass casualty events, but going overboard with security can discourage business.
About 1,000 of the spaces in the new facility at Indianapolis International Airport will be used by car rental companies while the remainder will be designated for daily or hourly parking.
Sardar Biglari expects to spend at least $3 million to renovate the historic C.A. Schrader building’s top floor and construct an addition to the neighboring structure.
Nearly three dozen individuals and companies who own more than 1,400 acres over 56 parcels submitted petitions last month to have their properties added to the city of Lebanon.
INDOT wants to build an interchange at West County Road 300 North that would serve the planned 7,000-acre LEAP Innovation and Research District.
The decision to buy the privately owned property came after seeing the swiftness with which developers have moved to acquire thousands of acres near the Indianapolis Regional Airport for their own projects.
Experts are optimistic that the property’s redevelopment will spur growth in housing and entertainment, but the industrial site’s environmental and historical factors must be considered in the aggressive timeline set for Eleven Park.