The project would occupy a vacant 1.5-acre parcel next to the former LoBill grocery store that is now home to the Marion County Board of Elections headquarters.
The projects in Anderson, Indianapolis and Noblesville were among 17 statewide to be awarded Low Income Housing Tax Credits, totaling more than $180 million in value over 10 years.
A measure allowing utility companies to ask courts to appoint receivers over certain landlords behind on their utility bills passed unanimously out of an Indiana Senate committee Thursday.
As envisioned by Stephen Alexander, the partially redeveloped area west of the White River would be known as Stockyards District. Indianapolis-based Hotel Tango Distillery is in the process of relocating and consolidating its production, warehousing, and fulfillment operations to the area.
A team of two local developers planning the 273-unit Hall Place apartment project at 1720 N. Illinois St. promises to bring dozens of low-rent apartment units to the neighborhood northeast of the expanded Indiana University Health campus.
ASM Global, a Los Angeles-based facility management company, has agreed to terms with Fishers officials to oversee day-to-day operations for the the venue and event-attraction efforts.
The developer plans to put a 20,000-seat soccer stadium for the Indy Eleven right along the White River, which is on the western edge of the former Diamond Chain manufacturing site.
The keys to the restaurant’s success, said owner Terry Anthony, have been the generous terms from his landlord, the quicker-than-expected return of convention and event business, and his willingness to be flexible as downtown recovers.
Many parts of downtown are thriving—particularly neighborhoods, where rents are rising, people have to stand in line for a lunch table, and investments are flowing. Other parts—especially downtown’s central core, where many workers might come to the office only once or twice a week—are limping along, pockmarked by vacant storefronts, panhandlers and crumbling sidewalks.
Nearly 29,000 residents now live downtown, up from about 15,000 in 2010. It’s a number that has been growing as developers continue to add apartment and condo units in the Mile Square and downtown neighborhoods.
For years, Ersal Ozdemir has pursued a Major League Soccer expansion franchise, but each time the league has rejected his overtures, in part because the team has lacked its own venue,
The Department of Metropolitan Development on Thursday issued a request for expressed interest, or RFEI, which will allow the officials to gauge the appetite developers have to devise an overall plan for the Indiana Avenue neighborhood.
The announcement last fall that the Indy Fuel minor league hockey team would move to Fishers and be the anchor tenant for an 8,500-seat arena was the culmination of two decades of vision and work by the team’s founder Jim Hallett.
The purchase of the Morrison Opera Place building puts an end to plans previous owner Bruce Bodner had to convert part of the property to apartments. An earlier plan for an 18-story addition was dashed due to the pandemic.
The number of people renting in downtown’s 46204 ZIP code doubled to 5,500 from 2011 to 2020, according to a recent study from California-based market researcher RentCafe.
