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16 Tech gears up in reach for national stage

November 24, 2023 | John Russell

The live-work-play campus has been picked to join a new national network designed to connect researchers, entrepreneurs and investors to accelerate the development of health care products and services and speed up health care innovations.

Trio of Indianapolis affordable apartment projects receive tax-credit boosts

November 28, 2023 | Mickey Shuey

Bridges Townhomes on the east side, Grand Meridian on the near-north side and Richardson Townhomes at the Central State Hospital campus each received tax credits as part of the 9% Low-Income Housing Tax Credit program for 2024.

Ash & Elm Cider Co. planning expansion into Carmel with restaurant, tasting room

November 30, 2023 | Daniel Bradley

Ash & Elm’s planned 3,500-square-foot location, part of a multi-phase development by Carmel-based Old Town Cos., will be the company’s second restaurant and tasting room when it opens in spring 2024.

Indy’s retail real estate market is bouncing back after pandemic

December 1, 2023 | Mickey Shuey

Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.

City-County Council approves downtown sports taxing district, purchase of Broad Ripple Family Center

December 4, 2023 | Mickey Shuey

The council also approved tens of millions of dollars in bonds to support the redevelopment of Old City Hall, a demolition of the former Jail I building and renovation of portions of the City-County Building. Also passed Monday was a plan to create a study commission on the use of artificial intelligence.

City seeks to rezone land on southeast side for ‘low barrier’ homeless shelter

December 7, 2023 | John Russell

The city wants to build a “housing hub” that will include the city’s first low-barrier homeless shelter on 11 parcels at the intersection of Shelby and East Georgia streets.

Carmel Center Apartments complex sells for nearly $82M

December 7, 2023 | Daniel Bradley

The sale of Carmel Center Apartments from Louisville-based NTS Development Co. to Dayton, Ohio-based The Connor Group closed at a significantly higher price than what NTS paid for the property in 2015.

New Whitestown leaders prepare for next phase of town growth

December 8, 2023 | Daniel Bradley

With less than a month to go before they take office Jan. 1, the five members of Whitestown’s next town council—three new councilors and two who will start their first full terms—are preparing to get to work in Indiana’s fastest-growing community.

Indianapolis schools struggle with five-year city high in youth homicides

December 12, 2023 | Amelia Pak-Harvey, Chalkbeat Indiana and Arika Herron, Axios Indianapolis

While total homicides in Indianapolis are down this year by over 20% from the record set in 2021, the number of homicides in the 19 and under age group has reached its highest mark since 2018.

Carmel unveils ‘Flower District’ on city’s west side

December 14, 2023 | Daniel Bradley

The triangular Flower District is bordered by Pennsylvania, Old Meridian and Main streets and extend east to Guilford Road.

Lilly Endowment awards $146M in grants to 6 Indiana schools for development projects

December 14, 2023 | IBJ Staff

The grants range from $5.8 million to $35 million each, with Ball State University in Muncie landing the largest grant.

Ahead of construction-related closure, City Market waives two months of rent for vendors

December 14, 2023 | Taylor Wooten

The Hogsett administration has not yet released an ending date for the closure and has not committed to additional mitigation measures for the vendors.

Hendricks strikes deal to acquire Circle Centre, plans $600M redevelopment

December 20, 2023 | Mickey Shuey

The Wisconsin-based firm behind Mass Ave’s Bottleworks District plans to spend the next decade transforming the downtown mall into an open air, pedestrian-focused campus with housing, offices and shopping.

Hogsett says mall redevelopment among downtown’s most significant wins

December 21, 2023 | Mickey Shuey

The mall redevelopment is not the largest downtown project in terms of cost. But it will elevate a vast and critical piece of real estate as more than $9 billion in other downtown projects are slated to come to completion over the next decade.

Jim Brainard looks back on 28 years as Carmel mayor

December 22, 2023 | Daniel Bradley

Brainard, 69, announced in September 2022 that he would not seek an eighth term. Sue Finkam, a Republican member of the Carmel City Council, will succeed him on Jan. 1.

Top Indianapolis development projects to watch in 2024

December 26, 2023 | Mickey Shuey

While most projects, such as Indiana University Health’s new hospital, Old City Hall and Pan Am Plaza, are efforts that will take years to come to fruition, other developments will begin to see substantive movement in the new year.

Carmel to see flurry of completed real estate projects in 2024

December 28, 2023 | Daniel Bradley

Multiple new developments in Carmel are set to open in the coming months, adding to the city’s lineup of real estate projects that combine residential, business and retail spaces.

2023 Year in Review

December 29, 2023 | IBJ Staff

Here’s a month-by-month review of some of the biggest stories in 2023.

Millennials find way to buy houses: Living with mom and dad

January 1, 2024 | The Washington Post

Hunkering down with family offers breathing room to save for a home. The trade-off comes down to temporarily relinquishing a measure of independence to achieve a milestone increasingly out of reach for people their age.

Downtown apartments among major Noblesville projects expected to be completed in 2024

January 4, 2024 | Daniel Bradley

Construction on several major real estate development projects is slated be completed this year in Noblesville, while visible progress should be made on others.

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