The building sits on land that Israel Traub, a German-Swiss immigrant, purchased in 1854 for a grocery store he opened in 1866, according to the St. Joseph Historic Neighborhood Association.
Hendricks Commercial Properties has spent more than $550 million to acquire and redevelop properties across Indianapolis and Carmel since 2013. But the Wisconsin-based firm says it’s just getting started with work it hopes to do here.
Girls IN STEM Academy is planned as a K-8 charter school with a curriculum focused on science, technology, engineering, and mathematics. The school is founded in partnership between Paramount Schools of Excellence, Purdue Polytechnic High Schools and the Girl Scouts of Central Indiana.
It’s a challenge hitting urban centers across the United States. Downtown office buildings are seeing their values plummet and vacancy rates climb due to space consolidation and a continued hesitancy toward renewals and new leases following the pandemic.
City and neighborhood leaders have expressed hopes that the opening of the campus would spur redevelopment in Twin Aire, but change hasn’t been fast to take root.
Last month, city officials and the two developers reached a tentative deal for addressing key elements of the overhaul of downtown’s City Market block, including reskinning the Gold Building and renovating the adjacent Ohio Street parking garage.
Jesse Rice, creator of eclectic watering holes and community spaces like Black Circle Music Bar and Loom, discusses his creative impulses: “I think my greatest asset is this anxiety I have to keep moving forward.”
The overhaul is part of an effort to draw interest from national governing body USA Rugby, both for a potential headquarters relocation and for upcoming World Cup events.
The Indianapolis Motor Speedway Museum is amid a $64 million renovation to transform the 48-year-old building into a state-of-the-art facility that showcases the Indianapolis 500 and the evolution of IndyCar racing.
In addition to second-tier sports leagues, concerts and community events such as graduation ceremonies will help Fishers Event Center toward its goal of hosting more than 100 events during its first year.
The travel industry is roaring back from a pandemic slump, putting pressure on local governments to ensure their cities are equipped with the best facilities to accommodate swanky concerts, sporting events and conferences.
The 12,000-square-foot building at the southwest corner of Pleasant Street and State Road 37 is expected to house the Household and Hazardous Waste, Soil and Water District, and Weights and Measures offices after renovations.
This summer, the Health and Hospital Corporation of Marion County will break ground on a multiyear, $170 million facilities improvement plan—the largest investment in the agency’s structures in decades—beginning with a new public health lab.
