Square Deal is purchasing the 30-story building from Zeller Realty, which put it on the market in the summer after spending millions on renovations and improving occupancy.
The owner of Market Tower is shopping the downtown skyscraper after spending millions on upgrades to increase occupancy and make it more appealing to younger companies.
The 66-unit development that would encompass an entire block between East Street and Park Avenue in the neighborhood had been sent back to the drawing board several times.
The 8,500-square-foot residential space features a private elevator that will provide access to Red the Steakhouse, which is expected to open on the ground level in April, in addition to several other amenities.
For 30 of the commission’s 50 years of existence, David Baker has been a powerful but low-profile force in saving some of the city’s oldest structures from demolition.
The latest design plan, from Rundell Ernstberger Associates, is ready more than two years after a more expensive version was selected and ultimately scrapped due to its cost.
The Indiana State Museum and Historic Sites plans to pump more than $10 million into the Indianapolis museum in White River State Park and more than $7 million into 11 historic sites it manages around the state.
A specialist in terra cotta will assess the integrity of the structures and suggest options that could range from on-site reinforcement and preservation to off-site storage and eventual reconstruction.
The south side institution said on its Facebook page that it has “run its course in Greenwood,” although the Byrd Conference Center there will continue operations.
When you go, don’t make a beeline for the third-floor galleries dedicated to the show. Instead, start in the lobby, where you’ll find a room devoted to Anila Quayyum Agha’s “Intersections.”
In the northern part of the region, officials representing Atlanta, Arcadia, Cicero and the county are working to create the Northern Hamilton County Trail to connect all of the communities.
Leaders hope projects planned for Indiana’s bicentennial celebration—including a new state park inn, a downtown Indianapolis art plaza and hundreds of smaller efforts statewide—will leave a big impact on future generations.
The complex, called American Place, would contain Indiana's smallest casino, 1.2 million square feet of retail space, 200 condominiums, 25 high-end hotel suites, a conference and performance center, offices, a movie theater with moving seats and a health club.
The Metropolis mall will receive a facelift, as well as a name change. Its owner hopes the massive retail center that struggled under previous ownership can become a regional draw.
The new name should coincide with the completion later this year of a major makeover to the west-side mall, which the owner hopes to undertake with financial assistance from Plainfield.
Part 1 of a look back at 2014 news of note from Indianapolis’ northern suburbs. Coming tomorrow: North of 96th’s take on the biggest stories of the year in each community. Any suggestions?
With the future of a state-owned downtown parking lot in limbo, Indiana is looking to a smaller space on the west side of the capitol as the site of a public plaza to commemorate the 2016 bicentennial.
