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Articles

All Things Carmel store closes as funds redirected to fire, police, roads

August 20, 2024 | Daniel Bradley

All Things Carmel opened in 2016 in Sophia Square in response to sell Carmel-branded or Carmel-related merchandise.

Carmel City hall 2col

What to know about the board that will run Indy’s downtown taxing district

August 23, 2024 | Taylor Wooten

Several people expressed hope that a common goal of maintaining and improving downtown will tamp down any partisan differences between the board’s city- and state-appointed members.

U.S. antitrust case alleges rent collusion enabled by tech firm’s software

August 23, 2024 | The Washington Post

The lawsuit is among the Justice Department’s first major enforcement actions in which software is being alleged as the primary means of collusion.

Letter: Thanks to neighborhood warriors

August 30, 2024

This column is a tribute to those folks in neighborhoods everywhere who are making our planet a better place to live.

Holcomb names four Indianapolis business leaders for downtown tax board

September 3, 2024 | Mickey Shuey

The appointments are the first of several expected to be made before November for the board, which was authorized by the City-County Council last month.

Plans to replace downtown CSX building with hotel, concert hall given go-ahead by historic commission

September 4, 2024 | Mickey Shuey

The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously approved by the Indianapolis Historic Preservation Commission after about a half-hour of presentation and discussion.

A ‘very frustrating process’

September 6, 2024 | Mickey Shuey

Kleinhenz said while the goal remains to have a hotel at the site, the town is open to alternatives, including a mixed-use development with retail and apartments or a corporate headquarters. And he said the lack of progress on the site hasn’t exactly deterred activity elsewhere in town.

Real Estate Weekly—Sept. 10, 2024

September 10, 2024 | IBJ Staff

The following items appeared in the Sept. 10, 2024, edition of IBJ’s Real Estate Weekly e-newsletter.

Reimagined Pleasant Street has been 44 years in the making

September 13, 2024 | Daniel Bradley

In total, the $113 million, three-phase Reimagine Pleasant Street project involves extending, realigning and expanding Pleasant Street into a 2-1/2-mile corridor from State Road 32 to just west of State Road 37.

Carmel City Council OKs $19M TIF bond for Proscenium III project

September 16, 2024 | Daniel Bradley

Plans for the project call for 120 apartments, a 125-room high-end hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.

Westfield announces plans for $27M downtown redevelopment project

September 17, 2024 | Daniel Bradley

Plans call for Ambrose on Main to feature 87 apartments, 6,000 square feet of plaza and courtyard areas, a 2,000-square-foot rooftop patio, 12,000 square feet of commercial space and a restaurant with outdoor seating.

Lafayette Square Mall owner says revamp moving forward, fleshes out plans for apartments

September 17, 2024 | Mickey Shuey

The developer behind the planned revamp of Lafayette Square Mall expects to break ground on the project’s first apartment building early next year and open a 14-screen movie theater as early as next month.

Proposed $250M Noblesville development calls for 650 homes near Morse Reservoir

September 19, 2024 | Daniel Bradley

Morse Village would have 250 high-end single-family houses, 150 town houses, 250 multifamily residences and 30,000 square feet of commercial space and restaurants.

Editorial: High-court ruling offers tool to consider for homelessness

September 20, 2024

The ruling is significant because, for some time, public officials across the United States have said they have few choices in dealing with people who set up homeless camps, sleep in parks or set up tents in public places. The court has now made it clear that local governments can directly address that problem with tickets, arrests and relocations.

Indianapolis tax district board taking shape with two more proposed appointments

September 20, 2024 | Taylor Wooten

The Indianapolis City-County Council plans to vote in the coming weeks to add two women to the board that will oversee the management of a new tax focused on improving downtown’s cleanliness, public safety and homelessness situation.

Holladay Properties plans $21.4M conversion of downtown Angi building

September 27, 2024 | Mickey Shuey

The South Bend-based developer plans to convert the 12-story Angi Inc. headquarters on East Washington Street in downtown Indianapolis into a 180-unit apartment building.

Meeting and Event Planning Guide: Construction on event, convention developments picks up

September 27, 2024 | Mickey Shuey

No fewer than three facilities focused on entertainment and tourism are expected to open in downtown Indianapolis by the end of 2027 while two others, in Noblesville and Fishers, are scheduled to debut by next summer.

Noblesville, Westfield lead the effort for sports district changes

September 27, 2024 | Mickey Shuey

The cities are set to ask state lawmakers to change the rules that govern how and when cities can benefit from taxes generated by sports-related projects.

Carmel-based real estate tech firm Realync acquired

September 30, 2024 | Susan Orr

Realync, whose platform allows apartment managers to offer virtual property tours, has been acquired by Texas-based Grace Hill Inc.

Owner of former Anthem HQ lists building on Monument Circle for sale

October 1, 2024 | Mickey Shuey

Listing the property for sale is a marked change from a years-long strategy of only looking for tenants to lease the sprawling, 213,600-square-foot office building.

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