Since IUPUI split in July 2024, Indiana University and Purdue University have poured hundreds of millions of dollars into their respective downtown campuses to grow programs and attract students.
It’s been almost five years since the city joined sustainability-minded municipalities in passing an ordinance that requires owners of large buildings to report their annual utility use. Today, most building owners aren’t complying.
The average price faced by ordinary home and apartment dwellers in the U.S. rose by 10% between 2022 and 2024. Commercial users, spanning from small corner stores to data centers, have seen rates increase just 3%.
In November, Kimmie Chang opened Okonori Japanese High Kitchen in The Corner, a new mixed-use development by Indianapolis-based Kite Realty Group at the intersection of East 116th Street and Rangeline Road.
Westfield leaders want the city’s downtown to be more than a place to drive through on State Road 32, so they are setting the stage to make it a destination.
Several downtown development projects are in their infancy or just getting started. IBJ takes a look at a handful that could draw buzz throughout 2026.
Mayor Joe Hogsett’s administration offered a lifeline in September to Indianapolis-based developers Gershman Partners and Citimark in their efforts to redevelop the Gold Building downtown, a project that has been hampered by financial challenges that nearly derailed it.
The project site also features a Merchants Bank of Indiana corporate headquarters expansion and a six-story apartment building that is nearing completion.
After tens of millions of dollars of investment by property owners and developers, industry insiders say the office market is finally beginning to show signs of long-term recovery.
The planned $600 million redevelopment of Circle Centre Mall has been rebranded by its Wisconsin-based developer in honor of the city’s history as an interurban hotspot.
New plans call for 240 apartments across four buildings, along with a clubhouse, surface parking and some covered parking spaces on a parcel abutting Allison Lake.
The 170-room hotel would occupy the southwest corner of Georgia and Pennsylvania streets and feature a skywalk connector to the club level of Gainbridge Fieldhouse.
