Owners of downtown towers plan $55M renovation, request $10M tax break
The Gold Building’s exterior overhaul is expected to completely replace the iconic gold panels with “crystal gray” panels from the third floor through the 20th.
The Gold Building’s exterior overhaul is expected to completely replace the iconic gold panels with “crystal gray” panels from the third floor through the 20th.
After months of lockdown during the pandemic, many have become aware of the failings of their homes. Whether you want a cosmetic update or think your home may have a more serious problem, how to pay for a renovation may be your main concern.
The Capital Improvement Board is significantly scaling back the first phase of a $360 million Bankers Life Fieldhouse renovation as uncertainty about working conditions and the NBA season have thrown a wrench into the construction schedule.
Steve White, owner of White’s Ace Hardware, purchased the longtime Fishers business in December and is making big changes to the store.
To expedite the top-to-bottom transformation, owner Ross Bailey plans to close the 3,500-square-foot establishment in the Conrad Indianapolis’ lobby for at least six weeks.
The project will improve the 70-year-old building’s HVAC and plumbing systems, its fire suppression system and electrical needs and also bring it into compliance with the Americans with Disabilities Act.
The change comes as the Pacers look to create court-facing gathering areas like those found at other new or renovated venues.
Jeff and Anna Tegethoff spent 16 months renovating a condo at 429 N. Pennsylvania St. into what he calls an “urban oasis.” But six months after moving in, they’re putting the house on the market.
The energy bar giant said it added 24,000 square feet to the 185,000-square-foot building at 7575 Georgetown Road on the city’s northwest side. About 430 people work at the bakery.
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.
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.
Mayor Thomas Broderick Jr. said the price was reasonable and the theater could be tied into redevelopment efforts in the city.
The school said the three-phase project will include construction and renovation of 96,000 square feet of buildings to create a science complex featuring “high-tech classrooms, modern research labs, and collaborative working spaces.”
The Irvington landmark has reopened as a multi-tenant space. Also this week: 10th Street Diner, Turn 3 Chicken & Waffles, Jailbird, Tiny House Treats, DeBella’s Subs and more.
The vote came on the eve of a CIB board meeting, during which members will consider a 25-year deal with the Indiana Pacers that is meant to keep the team in Indianapolis well into the future.
The agreement between city officials and the NBA team provides nearly $800 million in tax revenue to the Pacers over the life of the 25-year deal.
The Lilly Library at Indiana University—home to more than 450,000 rare books, 8.5 million manuscripts and 150,000 sheets of music—hasn’t had a significant interior renovation since it opened in 1960.
The 24-hour diner, which closed late last month, expects to reopen in March with all-new seating, flooring, kitchen equipment and a new indoor/outdoor seating area on the north side of the building.
Indiana University will start a $56 million renovation project next summer to address ongoing mold problems at two Bloomington campus residence halls.
Planning for the project is still in the early stages but it’s likely to cost tens of millions of dollars.