Indiana University’s Assembly Hall will be renamed Simon Skjodt Assembly Hall after the school uses a $40 million gift from IU graduate and Indianapolis philanthropist Cindy Simon Skjodt to renovate the facility, IU announced Thursday afternoon.
Work is progressing on the massive renovation of a historic downtown building in hopes that it will be ready to house a pair of art galleries in the spring. Both the four-story facade and the interior have been stripped.
Office brokers say the 662,000-square-foot-building, downtown’s third largest, could fetch more than $60 million, or about $100 a square foot.
Seeing small repair projects pile up at the city’s iconic 19th-century train station, city officials have launched an effort to assess the building’s condition with the most thorough inspection in several years.
As part of a $150,000 renovation of the first floor, workers are installing three large windows on the historic building’s north side where the originals had been removed and covered long ago with matching limestone.
A Michigan-based engineering and architecture firm is expanding to Indianapolis and has signed a lease to occupy space on Massachusetts Avenue.
Next up is a renovation of the vacant Consolidated Building and a redevelopment of the Indianapolis Star headquarters property, both on North Pennsylvania Street. The projects will add 600 market-rate apartments to downtown.
The local developer’s purchase of the complex is part of a shift within the company to complement its traditional development business with acquired properties.
Mayor Greg Ballard is proposing to pay about half of the $20 million needed to upgrade the Natatorium at IUPUI. The city's Capital Improvement Board is also considering setting aside tax revenue for operation expenses.
The Indiana State Fair Commission announced Monday that it signed a deal with Indiana Hockey Club LLC, an ECHL expansion franchise that will become an anchor tenant for the fairgrounds’ newly renovated coliseum.
-Charles C Brandt Construction has completed a 3,000-square-foot expansion and renovation for Jockamo Upper Crust Pizza at 5646 E. Washington St.
-Capitol Construction has completed a 1,400-square-foot office expansion for Tricor at 3003 E. 98th St.
-Capitol Construction has completed a 1,700-square-foot office expansion for Equities First at 10 W. Market St.
-Capitol Construction has completed a 2,200-square-foot remodel for PNC Bank at 5300 Crawfordsville Road, Speedway.
Shelbyville-based Chocolate for the Spirit is opening a retail storefront in Carmel in time for the holiday shopping season.
One of the city’s largest caterers, Thomas Caterers of Distinction Inc., has agreed to lease both levels while it pursues a purchase of the two-story building, the owner of the company said.
Creation Cafe and Euphoria Events closed Tuesday, after the owners said they couldn’t come to terms on a new lease.
-Capitol Construction has completed a 9,000-square-foot office expansion for Kronos at 101 W. Washington St.
-Charles C Brandt Construction has completed a $50,000 renovation for RR Donnelly at 700 Airtech Parkway, Plainfield.
-Charles C Brandt Construction has been awarded a $100,000 tenant finish project for Fusion at 550 Congressional Blvd., Carmel.
-Charles C Brandt Construction has been awarded a $15,000 tenant finish project for Applied Marketing at 550 Congressional Blvd, Carmel.
Chocolate for the Spirit plans to open a storefront in Carmel this month. After the holidays, master chocolatier Julie Bolejack will move production there from her Shelbyville “studio.”
The family partnership that has owned the four-story building since the 1980s is converting it from office to residential use, with plans for five apartment units and 700 square feet of retail.
During Gora’s 10 years leading the university, Ball State raised its academic standards and completed more than $520 million in construction and renovation projects.
The four-star establishment plans to overhaul all 13 floors and 573 guest rooms, beginning in November, as its competitors trigger similar upgrades.
Indianapolis lacks a five-star hotel, a fact some hospitality experts think could hurt the city’s chances of landing the 2018 Super Bowl. But there’s no consensus on whether the city should go more upscale.
