Articles

New retail downtown sitting idle

A flood of downtown apartments coming on the market is leasing up quickly, but much of the attached retail space continues to languish as some begin to wonder whether the residential boom will create enough retail demand.

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Canal Walk popular, but full of opportunities missed

City leaders once envisioned the Canal Walk as a bustling pathway lined with restaurants and shops, but residential and office buildings have sprouted instead on most of the parcels along the meandering 1-1/2-mile stretch–making it more of a local amenity than a visitor attraction.

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Developer puts Cosmopolitan complex on block

The Cosmopolitan on the Canal, a 218-unit upscale apartment complex in downtown Indianapolis that cost more than $33 million to build, has been put on the market by Flaherty & Collins Properties.

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Cosmopolitan apartment fire prompts lawsuit

The insurer for Indiana Landmarks is suing developer Flaherty & Collins, claiming negligence in a blaze that partially destroyed the apartment project and damaged the not-for-profit’s adjacent headquarters.

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Historic Landmarks returning to headquarters

The Historic Landmarks Foundation of Indiana is set to return to its headquarters in downtown Indianapolis tomorrow, six
months after a fire at a neighboring apartment project displaced the not-for-profit.

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