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Some renters might get relief from biggest apartment construction boom in decades

July 31, 2023 | Associated Press

Some economists project U.S. rents will be down modestly this year after soaring nearly 25% over the past four years, but the trend will likely be little comfort for many U.S. renters.

New TIF renews hope for fading Irvington strip mall

July 28, 2023 | Taylor Wooten

The strip mall was built in 1952 and for years served as a primary retail hub for the neighborhood.

Subaru planning distribution facility at 1.1M-square-foot warehouse in Zionsville

June 29, 2023 | Daniel Bradley

Plans call for the the warehouse, called Park 267, to be built on a 76-acre site. About 130 employees would work at the facility.

Developer buys Diamond Chain site for Indy Eleven soccer stadium, mixed-use district

June 24, 2022 | Mickey Shuey

The redevelopment of what is now an 18-acre manufacturing site downtown is expected to include apartments, a hotel, an office building and retail space—in addition to a 20,000-seat stadium. Keystone Corp. CEO Ersal Ozdemir said the project’s cost will likely top $1 billion.

Indiana’s farmland prices hit historic high

April 15, 2022 | Mickey Shuey and Daniel Bradley

In June 2021, the market value of top-quality farmland increased to $9,785 per acre, up 13% from a year earlier, according to the Purdue University Farmland Value and Cash Rents Survey.

Broad Ripple booms with new developments that are attracting residents

April 1, 2022 | Mickey Shuey

A six-story, $65 million, multifamily planned redevelopment of the former Kroger store in the heart of Broad Ripple is the latest in a series of substantial projects.

Under-the-radar developer poised to redefine Lafayette Square neighborhood

November 19, 2021 | Mickey Shuey

Fabio de la Cruz has a plan to transform Lafayette Square Mall and several adjacent properties into a multicultural hub, including a concert center, movie theater, hotel and multifamily housing.

Developer plans $200M-plus revitalization project for Lafayette Square

November 10, 2021 | Mickey Shuey

Plans for the shopping center property call for a new name and multiple new uses, including apartments, hotel, sports facilities, concert center, a police station and a public trail and canal.

Indy-area industrial market continues growth at record pace

September 17, 2021 | Mickey Shuey

More than 22 million square feet of space is already under construction, with some brokerages estimating several million more will break ground by the end of the year.

2021 Innovation Issue: Telehealth is disrupting traditional care model for doctors, hospitals

May 28, 2021 | John Russell

For decades, one industry—health care—has largely clung to its traditional model of person-to-person visits in brick-and-mortar buildings, even as other industries have gone virtual. It took a pandemic to disrupt everything, almost overnight.

Rents grow despite pandemic—and are expected to keep rising

March 12, 2021 | Lesley Weidenbener

Landlords had been worried not just that tenants wouldn’t be able to stomach rent increases in 2020 but that they might not be able to pay their rents at all as the pandemic wore on. But collections remained strong,

Retail developer who took his own life was dogged by debts

July 17, 2020 | Mickey Shuey

Craig Johnson left behind what court records show is millions of dollars in debt that might not be covered by his estate.

Prologis planning $50M warehouse development in Zionsville

June 30, 2020 | Kurt Christian

A largely agricultural area near the formerly contested border of Zionsville and Whitestown could soon be the site of two 550,000-square-foot warehouses.

Redevelopment report has grand vision for car-centric Castleton

March 13, 2020 | Mickey Shuey

The city of Indianapolis could spend nearly $93.5 million over several years on Castleton’s infrastructure, as part of a broad vision to remake the corridor with better connectivity and walkability.

Interchange, trail spark development on 106th Street in Fishers

December 13, 2019 | Kurt Christian

The lion’s share of Fishers’ recent high-intensity development has taken place at East 116th Street and Interstate 69, but a wave of projects is coming together just to the south.

Prime site near Keystone, 96th Street interchange hits market for nearly $10M

May 20, 2019

The 18.1-acre parcel is one of the few remaining undeveloped sites of significant size on Indianapolis’ northern edge. Although it’s bordered by homes, local brokers foresee commercial development.

Holladay Properties is more than just AmeriPlex

May 2, 2019

Beyond the 1,500-acre industrial park near Indianapolis International Airport, the developer has launched a broad range of residential and commercial projects in Marion and Hamilton counties, from the redevelopment of the Milano Inn site downtown to the Grand Park Events Center in Westfield.

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