Stalled project could get boost from Market Square activity
The property at 123 N. New Jersey St. has remained in suspended animation for the past few years after a deal for a seafood restaurant on the site fell apart.
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Articles
Council votes to support $30M Broad Ripple project
Developer Browning Investments Inc. plans to use $5.7 million from the bond issue to help finance the apartment/retail project along the Central Canal.
Whole Foods confirmed as Market Square anchor
The specialty grocery chain will occupy 40,000 square feet on the ground level of the $81 million development slated to be built on a portion of the former Market Square Arena site.
Marsh set to dominate downtown grocery market
When the new downtown Marsh grocery debuts later this month, it will give the local supermarket chain a lock on the urban core—at least until the arrival of another competitor expected with redevelopment of the Market Square Arena site.
‘Architecturally significant’ Cummins HQ likely won’t scrape downtown skyline
The engine maker’s planned global distribution headquarters downtown will seem modest compared to a 28-story apartment complex slated for across Market Street, but the firm has a strong history of promoting breath-taking architecture.
Fresh idea: Specialty grocers finally eyeing south side
The south side is beginning to receive at least some attention from grocery players, including specialty ones that are much more prevalent to the north.
City to consider $7.7M bond issue to assist Broad Ripple project
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.
Council backs city financing plan for $81M tower
The Indianapolis City-County Council voted 18-9 Monday night to provide up to $23 million in city financing for the project, with the stipulation that 30 percent of the workers hired to build the 28-story building live in Marion County.
Committee urges hiring commitment for $81M MSA tower project
A City-County Council committee recommended approval for the 28-story building but only if the developer pledges that 30 percent of the workers it hires to build the tower live in Marion County.
Mayor: IndyGo hub can be a ‘signature structure’
City officials hope the transit hub will serve as a signature structure that could trigger further development in the area. Work is expected to begin in the fall; completion is expected by the end of 2015.
IndyGo unveils design of $20M downtown transit center
Construction of the hub, which Mayor Greg Ballard noted Thursday in his annual State of the City address, is set to begin this fall with completion expected by the end of 2015.
Mayor wants to lure high-earners to boost income-tax base
Mayor Greg Ballard’s chief deputy has spent the past six months telling community and business leaders that the city simply cannot cut its way out of its revenue problems; it also needs to attract more people to live within city boundaries so they will pay their income tax to Indianapolis.
ExactTarget mulls building downtown tower
ExactTarget Inc. is evaluating downtown sites where it could build a headquarters tower as large as 500,000 square feet, real estate brokers familiar with the discussions told IBJ.
Fishers’ mayoral candidates disagree on best growth strategy
The six Republicans vying to be Fishers’ first mayor fall into two camps on the key issue of growth: those who support recent efforts to spur business activity downtown, and those who advocate a more hands-off approach.
Fishers OKs train station project despite objections
Fishers has attracted more than $93 million in downtown projects since making redevelopment a priority in 2012. Is it too much too fast? Or a long time coming? The answer depends on who you ask.
Developer pitches $28M project for Fishers Train Station site
Officials are expected to vote Monday night on a proposed $28 million redevelopment of the Fishers Train Station site, the final piece of an ambitious plan that seeks to transform the town’s municipal complex into a hub of activity.
City looks to develop small parcel near former MSA site
Officials received just one response: a proposal to build 35 to 40 apartment units on the thin tract fronting a parking garage.
Developer pitching $17.5M project in downtown Fishers
Fishers’ Town Council is expected to vote Monday on a proposal that calls for the town to contribute property for the office-retail project and $6 million for its 330-space parking garage.
New concert venue proposed for GM plant site
A concert venue rivaling the size of Klipsch Music Center in Noblesville has emerged as the favorite in a bid to redevelop the former General Motors metal-stamping plant on the western edge of downtown.