Rendering: Parking garage and retail for Broad Ripple
The city is kicking in $6.35 million for a $15 million Broad Ripple parking garage with first floor retail space and a police substation.
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Articles
City to roll out plan for 16th Street tech corridor
The city of Indianapolis plans to announce a major initiative to turn a stretch of 16th Street northwest of downtown into a hub for biotechnology and other high-tech companies.
Effort to save minority car dealer lands Bill Mays in ditch
PNC Bank last month sued Mays, one of the city’s most prominent black businessmen, charging he defaulted on a $3.5 million loan he received in 2008 that has an unpaid balance of $2 million.
Eco-friendly downtown supply store closes
Green Way Supply, a pioneering green construction products store, has gone out of business, but one of its partners is planning a new building supply store with mix of green and traditional products.
STOSSEL: Minimum wage is weapon against the poor
Now I understand that government poverty programs encourage people to stay dependent. There’s money in it.
Real estate deals picking up around Fashion Mall
Owners of the Sheraton Indianapolis are converting one of its towers into luxury apartments, and developers are vying to replace the vacant Woodfield Centre.
Work to begin on rare Washington Township home sites
The transformation of a wooded ravine immediately north of Park Tudor School into an 11-lot gated community will bring to market a rare commodity: a cluster of new-home sites in densely populated Washington Township.
Central State redevelopment plan gets new life
A dormant plan to redevelop the 150-acre former Central State Hospital campus is starting to get momentum. Developers anticipate spending $100 million to $150 million to revamp the site. With online photo gallery
Construction
-Kort Builders has completed an 1,800-square-foot retail space for The Sewing Center at 105 S. Raceway Road.
-Kort Builders has completed a 2,800-square-foot restaurant space for Boondogglers at 65 Boone Village, Zionsville.
-Kort Builders has completed a 2,400-square-foot retail space for Sharkey’s Cuts for Kids at 12525 Old Meridian St., Carmel.
Family has steely plan for shifting business to next generation
Westfield Steel owners Karyn and Fred Prine are well on the way to transitioning to the next generation—son Fritz—thanks to timely planning.
Construction
-Kort Builders has started construction of a 3,200-square-foot retail space for Cash America at 4319 S. East St.
-Kort Builders has started construction of a 3,120-square-foot medical space for Ideal Image at 8487 Union Chapel Road.
Sales/acquisitions
-All Heart Realty bought a 7,001-square-foot office building at 220-222 Lakeview Drive, Noblesville. The price wasn’t disclosed. The buyer was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The seller, Dr. David Whiteman, was represented by Scott Herider of Lee & Associates.
-McDonald’s bought 1.53 acres at Anson, Duke Realty’s master planned mixed-use development located along State Road 334 west of Zionsville. The price wasn’t disclosed. The seller, Duke Construction Limited Partnership, was represented by Scot Courtney, Bart Jackson and Cindy Hoskinson of Lee & Associates. The buyer represented itself.
Is INDOT bypassing public on planning?
Groups that perennially press the Indiana Department of Transportation to broaden its vision of mobility beyond highways now accuse the agency of “significant ineptitude or willful disregard” in eliciting public input.
EDITORIAL: Smart growth likely result of Zionsville battle
Zionsville’s family feud over commercial real estate development has stirred passions among people who seem to agree, at least outwardly, on one point: The town’s growth should be managed to preserve its quality of life.
MUTZ: Small communities aren’t destined to decay
Although many planners and economists say some communities are a lost cause, local determination and leadership can make a difference.
State assesses impact of Bloomington vote on I-69
Indiana highway officials are trying to sort out the impact of a Bloomington-area group's decision not to include a section of the $3 billion Interstate 69 extension in its local highway plan.
City proceeding with public safety complex at Eastgate
City-County Council grants approval for the city to enter into a 25-year lease with the owner of the former Eastgate mall to take 76,000 square feet for a Regional Operations Center.
Fountain Square project to include concert venue
The new owner of a 110-year-old building in the heart of Fountain Square is planning a renovation and expansion that will turn it into a restaurant, bar and 450-seat music hall called Pioneer.