City ‘full speed ahead’ on Oaktree apartments demolition
Indianapolis officials expect to move forward with razing the blighted northeast-side complex, after the owner failed to request a last-ditch hearing by the state’s Supreme Court.
Mickey Shuey
Articles
Local developer plans to take up Cambria flag with proposed downtown hotel
A 148-room Cambria hotel is planned for South Meridian Street, less than one year after a local developer scrapped plans for a hotel near the same location with the same brand.
After delay, developer moving ahead with $46M canal apartment project
Louisville-based Investment Property Advisors is planning 279 additional units and more than 28,000 square feet of retail space just south of its 9 on Canal project, to be dubbed 350 West.
Brownsburg’s newly built downtown starting to fill up
Through a series of developer partnerships that included $53 million in private funding, more than $90 million worth of new buildings and infrastructure improvements have been added along or near North Green Street.
Developers planning $25M development on former brownfield site
The city has spent the past several years remediating the former railyard site and marketing it for potential development.
Owner proposes 22-story addition to downtown’s Morrison Opera Place
Plans for the development include a 220-room hotel and 32 residential units. The addition would boost the existing historic building from four to 26 stories.
Long-delayed, $60M project in Mapleton-Fall Creek back on track
The neighborhood’s community development corporation has recast its vision for the expansive Central@29 project and hopes to begin construction of its first phase of apartments next summer.
Q&A with Chad Halstead, an Opportunity Zone adviser
For the past 12 years, Chad Halstead, 39, has helped land government incentives for some of the area’s biggest real estate developments.
Developer Litz & Eaton split leaves messy trail
Five years after the prominent developer upped its business ambitions—going from a home-renovation firm to high-end, multi-home projects—the firm is unraveling.
Finding right use for Carson’s space a tough challenge, panelist says
Circle Centre’s role as a hospitality gateway and downtown attraction was among the topics covered during a wide-ranging panel discussion at IBJ’s Commercial Real Estate and Construction Power Breakfast.
New 104-room hotel planned for Old Southside neighborhood
A local investment group plans to spend $9 million to $10 million to construct the four-story hotel at 324 Wilkins St. If approved, the development would bring a new, fast-growing midscale hotel brand to Indianapolis.
Downtown’s E’laan apartment building set for sale, $5M expansion
An upscale apartment building in downtown Indianapolis is expected to be acquired at the end of this month by a local firm that is planning an expansion project that will almost triple the number of units in the property.
IHPC gives preliminary critique of plans for fieldhouse renovation
While most members of the historic preservation commission were pleased with the early designs for revamping and expanding Bankers Life Fieldhouse, some believed the more contemporary vibe failed to mesh with the fieldhouse’s old-school character.
Council approves incentives for $66M downtown project
The Indianapolis City-County Council on Monday night approved nearly $10 million in financial incentives for a Denver-based developer that is planning a 13-story apartment, retail and office project across the street from the Indiana War Memorial.
Indiana Fever fire Pokey Chatman after three seasons as coach, GM
In three years at the helm, Chatman compiled a 28-74 record, including a 13-21 mark this year—an improvement from the team’s 6-28 record a year ago.
Fever to play home games at Hinkle during Bankers Life renovations
The Indiana Fever will play at Hinkle Fieldhouse on the Butler University campus for two-plus seasons while Bankers Life Fieldhouse undergoes its massive renovation, Pacers Sports & Entertainment announced Thursday.
Lucas Oil Stadium getting upgrade to 5G for Verizon customers
The upgraded network—available to Verizon customers with 5G-enabled devices—will be limited in its first year at Lucas Oil Stadium, generally to lower-bowl seating between the 20-yard lines and on the concourses.
Historic preservation commission votes to protect Drake Apartments
The Indianapolis Historic Preservation Commission voted Wednesday night to put a historic designation on the eight-story apartment building owned by The Children’s Museum of Indianapolis amid concerns the structure might be torn down in coming weeks.
Kite’s $40M apartment project at Glendale gets city approval
The city’s Metropolitan Development Commission on Wednesday gave Kite Realty Group the necessary approvals it needs to proceed with its plan build a 267-unit apartment complex adjacent to Glendale Town Center.
IMS eyes bigger crowds, better weather for Brickyard 400 race
In recent years, the Brickyard 400 has seen dismal attendance, but track officials say better weather and more events should boost crowds at this year’s race.