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Tax changes could force shift in local priorities

October 24, 2025 | Marek Mazurek

Budget-writing season has been especially difficult this year in many Indiana cities, towns and counties as elected officials grapple with the effects of a new law that overhauled the tax systems that fund local governments.

Elevator Hill investors buy former Capitol City Fence property with historic building

October 28, 2025 | Mickey Shuey

Other new developments around the former Angie’s List campus include the purchase of a home at 1149 E. Market St. and the opening of a cafe and bake shop at 1008 E. Washington St.

Broad Ripple stakeholders pursue plan to revitalize neighborhood

November 14, 2025 | Dave Lindquist

New nonprofit Friends of Broad Ripple Village hopes to end a stagnant commercial era for the neighborhood.

Attorney general sues over health code violations at massive Castleton apartment complex

November 18, 2025 | IBJ Staff

The landlords of a 1,261-unit apartment complex that has twice been sold at state record prices are accused of endangering tenants by failing to address unsafe conditions.

Owner of downtown’s Landmark Center office tower facing foreclosure

November 25, 2025 | Mickey Shuey

The tower is the city’s 10th-largest downtown office complex, according to IBJ research. Its two largest tenants are IU Health and Volunteers of America.

Simon family firm eyes Ritz-Carlton hotel for downtown development

December 4, 2025 | Mickey Shuey

The 170-room hotel would occupy the southwest corner of Georgia and Pennsylvania streets and feature a skywalk connector to the club level of Gainbridge Fieldhouse.

Local developers plan 238-unit housing project on theater site at Glendale

December 9, 2025 | Mickey Shuey

The 8-acre development at Glendale Town Center would consist of 193 apartments in four buildings and 48 townhouses in eight buildings.

Local developer eyes apartments for long-vacant site on city’s north side

December 9, 2025 | Mickey Shuey

New plans call for 240 apartments across four buildings, along with a clubhouse, surface parking and some covered parking spaces on a parcel abutting Allison Lake.

Carmel’s Clay Terrace shopping center acquired by Houston-based firm

December 9, 2025 | Daniel Bradley

The buyer said it will work with the city of Carmel over the coming months to develop a plan for the 493,000-square-foot retail center.

Hendricks unveils new name for Circle Centre ahead of $600M overhaul

December 12, 2025 | Mickey Shuey

The planned $600 million redevelopment of Circle Centre Mall has been rebranded by its Wisconsin-based developer in honor of the city’s history as an interurban hotspot.

Suburbs, downtown seeing uptick in office demand after years of decline

December 12, 2025 | Mickey Shuey

After tens of millions of dollars of investment by property owners and developers, industry insiders say the office market is finally beginning to show signs of long-term recovery.

3-story condominium building planned alongside Merchants Bank HQ in Carmel

December 24, 2025 | Daniel Bradley

The project site also features a Merchants Bank of Indiana corporate headquarters expansion and a six-story apartment building that is nearing completion.

2025 Newsmaker: Ersal Ozdemir

December 26, 2025

Ozdemir said the building at 120 Monument Circle is “a centerpiece location in the beating heart of our city.”

2025 Year in Review: City offers developers lifeline for Gold Building but seeks new bid for City Market project

December 26, 2025 | IBJ Staff

Mayor Joe Hogsett’s administration offered a lifeline in September to Indianapolis-based developers Gershman Partners and Citimark in their efforts to redevelop the Gold Building downtown, a project that has been hampered by financial challenges that nearly derailed it.