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City mulls cuts to plaza project after bids outstrip budget

December 28, 2015

Two bids for redeveloping the City-County Building’s southern plaza came in more than $6 million higher than the $10 million budget, forcing officials to reevaluate. Plus: Updates on the 21c Museum Hotel, Cummins distribution headquarters, and The Coil.

$60M mixed-use project planned for Rangeline

October 29, 2015

The ex-Party Time Rental warehouse has been an eyesore for years, but Carmel officials finally seem ready to OK a plan to transform the 6.5-acre site.

IPS property sale rekindles talk of downtown Target

October 1, 2015

Indianapolis Public Schools' plan to sell the 11-acre former Coca-Cola bottling plant site at Massachusetts and College avenues has revived talk that Target would finally open a downtown store.

Transcript: IBJ Commercial Real Estate and Construction Power Breakfast

September 18, 2015

Indianapolis Business Journal gathered leaders in the state’s commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 10.

Cummins’ $30M divisional HQ will make statement

September 17, 2015

The building under construction on the former Market Square Arena site will be modern, with a calibrated glass facade and abundant green space.

$50M mixed-use project on Mass Ave ready to move forward

August 20, 2015

Montage on Mass will feature 236 apartment units, 36,000 square feet of retail, two levels of underground parking and a giant three-story, electronic-mesh art display.

Developers likely to unleash big plans for Mass Ave art-deco landmark

August 6, 2015

Indianapolis Public Schools has put the 11-acre site on the market. It was built in 1931 as a Coca-Cola bottling plant but the school system has used it since 1975 as a bus maintenance facility.

Developer pins comeback on $11B project

June 25, 2015

Sidelined real estate developer Christopher P. White is hoping to make a triumphant return with an $11 billion—yes, $11 billion—proposal for the GM stamping plant site and areas surrounding it.

Lilly Endowment pledges $5M for city plaza revamp

June 25, 2015

The announcement follows the October unveiling of the design for the City-County Building plaza overhaul, which is expected to cost $10 million.

Carmel moving forward on sale, redevelopment of Party Time property

May 21, 2015

After years of owning the site, the Carmel Redevelopment Commission is moving forward with a plan to sell the former Party Time Rental property.

Hogsett to propose mayoral term limits, ethics rules

May 20, 2015

Term limits are among several policy proposals Democrat mayoral candidate Joe Hogsett plans to announce Wednesday afternoon, according to his campaign.

Business plan for 21c built on ‘aggressive’ projections

May 14, 2015

Indianapolis will be the first market where 21c Museum Hotels LLC competes with established art-centric hotels. Yet the company is so bullish about its future here that it expects to outperform its peers by more than 50 percent.

Downtown TIF district awash in cash

April 23, 2015

The Indianapolis downtown TIF district is so flush with cash that the mayor can cover all its debt payments, fund two layers of reserves, and still have tens of millions to spend at his discretion.

Indy Eleven sponsorship revenue up; all eyes on attendance

April 15, 2015

After leading the North American Soccer League in attendance during its inaugural season, the Indy Eleven faces a big challenge to maintain that momentum. The team has lobbied hard for an 18,000-seat home venue. Now it has to prove it can fill it.

Deluge of downtown projects averts construction dry spell

March 5, 2015

A spate of large real estate projects in the pipeline for downtown is providing a shot in the arm for a local construction industry still rebounding from the recession.

New $55M downtown hotel shares architect with Cummins project

February 26, 2015

Deborah Berke & Partners is the architect on the nine-story project from hotelier 21c. If the name sounds familiar, it’s because the firm designed what should be another signature building on downtown’s east side.

Downtown projects set to soak up thousands of parking spaces

February 19, 2015

Parking on the east side of downtown is becoming harder to find—enough to prompt some rates to rise—thanks to a trio of real estate developments replacing surface parking lots.

New Indy transit center balances utility, dignity, design

February 19, 2015

The team charged with designing and engineering downtown’s $20 million transit center—which has begun to emerge south of Washington Street between Delaware and Alabama streets—took on three core challenges.

Depression-era downtown parking garage closed for renovations

February 4, 2015

The new owner of the garage on East Market Street is investing $2 million to refurbish the facility in hopes of reopening it in June.

Developer bets $40M on mixed-use project near IUPUI

January 22, 2015

A West Lafayette firm plans to construct an 11-story downtown apartment and retail project that would add to the growing number of housing developments targeting IUPUI students.

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