State’s exit from GM site ownership signals new economic development approach
“The governor has been very clear: We’re just not in the land development business, and it’s not a core competency,” Commerce Secretary David Adams told IBJ.
“The governor has been very clear: We’re just not in the land development business, and it’s not a core competency,” Commerce Secretary David Adams told IBJ.
Indiana Fever and city officials took part in a formal groundbreaking ceremony for the 108,000-square-foot downtown development Thursday morning.
Citing concerns about traffic flow and visibility of a parking garage, the Indianapolis Historic Preservation Commission tabled its decision on the building’s designs until at least October.
The proposed nine-story building just north of the Bottleworks Hotel in the Bottleworks District is expected to include about 86,000 square feet of office space and a 300-space parking garage.
The proposal calls for demolition of the 21 Virginia Ave. building—formerly home to the 500 Festival organization—and replacing it with a nine-story building.
The new housing will largely serve individuals and couples ages 75 to 85, while new amenities like a clubhouse, indoor pool, wellness and fitness center, restaurant salon and spa will be available for all residents.
Angi Inc.—which once owned more than two dozen buildings on nearly 18 acres on the near-east side of Indianapolis—has moved into a new office space on city’s north side.
The plan, being developed through a partnership between the city and a to-be-identified urban planner, is expected to be made public in the coming weeks, Mayor Scott Willis said Wednesday during an IBJ real estate event.
Raceway Development Partners LLC intends to construct the six-building project on nearly 11 acres on the western edge of Marion County.
The 18-acre estate features a 14,200-square-foot residence with five bedrooms and eight bathrooms, as well as a guest house.
The sprawling and complex series of conveyors, security monitors and other machinery that moves thousands of checked bags each day is nearing the end of its useful life.
Lucas Oil Stadium and Victory Field, both of which are operated by the board along with the Indiana Convention Center, are among those designated for $35.2 million in planned improvements approved as part of the agency’s overall budget on Friday.
The WWE is kicking off its streaming partnership with ESPN a few months ahead of schedule—and live from Indianapolis.
The tech giant’s plan to develop the massive data center in Franklin Township was bolstered by a city commission’s vote Wednesday to grant preliminary approval to the company’s request to rezone nearly 470 acres for the project.
The Metropolitan Development Commission also will consider granting a tax break for the first building planned for the complex, which has an estimated cost of $314 million.
Exterior construction on the 38-story Signia by Hilton hotel tower is expected to conclude by the end of September. The project as a whole is about 50% completed, with work on the interior just getting underway.
The league—not even halfway through the inaugural, three-day LIV Indianapolis—announced Saturday it will use its one-year option to return to The Club at Chatham Hills next year for its individual championship.
The tour has already sold out grounds passes for its Friday and Saturday rounds, along with several premium hospitality spaces. Click through our gallery to see photos of all the action on Friday.
Brian Higgins is the NCAA’s senior vice president of business performance and oversees the organization’s data collection and analysis work.
A LIV spokesperson told IBJ that about 50,000 total spectators are anticipated for the Aug. 15-17 event at The Club at Chatham Hills.