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    Mark McClelland

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Articles

UPDATE: City picks developer for restoring Old City Hall, building 32-story tower with boutique hotel

August 29, 2023 | Taylor Wooten

The $140 million project, which city officials are calling the “Alabama Redevelopment,” will include 190 residential units, 150 hotel rooms and 8,000 square feet of retail and hospitality space.

Developer planning 230 townhouse, apartment units near LEAP district in Lebanon

August 31, 2023 | Daniel Bradley

Paddock Place would bring the number of housing units planned to more than 700 near the future Eli Lilly and Co. manufacturing campus.

TWG’s ambitious Old City Hall proposal chosen over several other bids

August 31, 2023 | Mickey Shuey

A few of other bids were similar to the selected proposal put forth by TWG Development, while others went in a distinctly different direction. Here’s a look at those proposals.

City issues RFP for redevelopment of Drake apartment property

August 31, 2023 | Mickey Shuey

The request for proposals requires bids to include an offer of more than $1 million for the property and to fulfill federal Community Development Block Grant parameters

Consulting firm to relocate North American HQ to Fishers

September 1, 2023 | Daniel Bradley

Miebach Consulting plans to hire an additional 22 workers and invest $2.5 million in the Fishers project.

Cecil Bohanon and John Horowitz: China’s focus on building has left it at a crossroads

September 1, 2023 | Cecil Bohanon and John Horowitz

China’s economic growth over the last 40 years has been spectacular, making China the “workshop of the world.”

Youth-racing initiative that focuses on children of color aims to gear up

September 1, 2023 | Mickey Shuey

NXG Youth Motorsports has signed an option to purchase a 2.2-acre, city-owned plot just west of the former Central State Hospital site on the west side of Indianapolis.

Apartments planned for former bar site near Lucas Oil Stadium

September 5, 2023 | Mickey Shuey

A Greenfield-based developer plans to demolish the former Stadium Tavern to make way for a four-story apartment building.

Sangiovese chooses new Carmel development for its third eatery

September 7, 2023 | Jeff Newman

Like the Indianapolis and Fishers Sangiovese eateries, the new restaurant will offer an upscale Italian menu, but it will have noticeable differences from the other locations.

Downtown office space at crossroads, local broker says

September 8, 2023 | Mickey Shuey

John Robinson, managing director for the Indianapolis division of Chicago-based JLL, said during an IBJ panel discussion Friday that he expects at least three of downtown’s 10 major office towers to go through foreclosure or take big losses in a sale over the next few years.

office-skylinenoibj-forweb-bp-450.jpg

Emmis lists Monument Circle HQ for $35M

September 12, 2023 | Mickey Shuey

The seven-story, 140,000-square-foot structure at 40 Monument Circle was built in 1998 as a dedicated home for Emmis, then a growing media company.

Indy airport nearing deal for Westin hotel connected to terminal

September 13, 2023 | Mickey Shuey

Airport officials have flirted with the idea of locating a hotel next to the terminal since planning for the current midfield complex began in the early 2000s.

City drops plan to redevelop City-County Building

September 15, 2023 | Mickey Shuey

The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.

16 Tech pencils in plans for two more buildings after early leasing success

September 26, 2023 | Mickey Shuey

Pre-leasing has begun on two buildings planned for the entrepreneurism-innovation district: a 100,000-square-foot laboratory building and a 40,000-square-foot office structure that would be dedicated to sports- and health-focused tenants.

Judge rules Donald Trump defrauded banks, insurers while building real estate empire

September 26, 2023 | Associated Press

If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties.

Trump generic

Editorial: Moving staff into City-County Building is good for downtown and residents

September 29, 2023

The move is good for the businesses—including the City Market, which will be undergoing its own transformation—around the City-County Building, and it’s also good for Indianapolis residents, who shouldn’t have to visit multiple locations to complete city business.

Carmel mayoral candidates discuss city’s future in debate

October 3, 2023 | Daniel Bradley

Democrat Miles Nelson and Republican Sue Finkam faced off in a debate Monday night at the Palladium in Carmel.

Local investors plan to revamp dilapidated College Avenue building

October 3, 2023 | Mickey Shuey

As proposed, the project would consist of street-level commercial spaces and upscale three-bedroom, three-bathroom apartments on the second floor.

Loco’s owners plan restaurants in Cummins building, former BrewDog site

October 5, 2023 | Dave Lindquist

Loco Restaurant Group Inc. is branching out to a quick-service concept, plus an eatery focused on American cuisine.

Loco Cummins

Mayoral candidates look to continue Brainard’s lead in Carmel

October 6, 2023 | Daniel Bradley

Republican Sue Finkam and Democrat Miles Nelson are running to replace Brainard, a Republican who has served since 1996. Write-in candidate Darin Johnson is also running, but his name will not appear on election ballots.

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