Grand plan on ropes to redevelop Simon estate
The residential redevelopment of the sprawling Simon estate on Ditch Road known as Asherwood that local homebuilder Paul Estridge Jr. announced late last year might not happen after all.
The residential redevelopment of the sprawling Simon estate on Ditch Road known as Asherwood that local homebuilder Paul Estridge Jr. announced late last year might not happen after all.
Thermalin Inc., a Cleveland-based biotech startup that just won $17.5 million in venture capital to develop new insulin therapies, plans to add several researchers to a lab at the Indiana University School of Medicine.
Ohio-based 16-Bit Bar+Arcade has committed to space in a downtown apartment project under construction, while east-side eatery Love Handle prepares to set up new digs.
The project, which could include nearly 1 million square feet of higher-end retail, would be developed by locally based Gershman Partners.
A new ownership group based in central Indiana recently acquired the 193,000-square-foot building, which now is vacant.
The 65,000-square-foot-plus facility for Pro X Athlete Development would feature 44,000 square feet of open turf, full-length batting cages, weight room and golf simulators.
As the mall’s corridors decline steadily, with vacant storefronts increasing and second-tier tenants like an indoor-miniature-golf course replacing national chains, no one is stepping up publicly to champion a solution.
Kurtz has led an expansion and funding effort over the past seven years that has generated $285 million in construction financing and $273 million in permanent loans.
In Indiana, Alex Azar was an influential member of a public airport board, tasked with oversight of human resources matters, when he defended the conduct of the airport CEO who was under fire for spending public money on travel, golf fees, steak dinners and Super Bowl tickets.
The 155-acre development would wrap around the Golf Club of Indiana, which would remain open to the public and under the same management.
Sue and Chris Estep, owners of RoundTripper Baseball Academy in Westfield, say they met with Mayor Andy Cook to discuss the possibility of relocating to Grand Park.
A local restaurateur with a long track record in red meat and high-end dining is planning both a casual eatery and throwback watering hole at The Yard at Fishers District.
Westfield residents want to keep the city’s only public golf course open, but so far, any project that could do so hasn’t been able to tee off.
Redeveloping the Zionsville course—consistently ranked among the best in the country—could include 360 single-family homes and 200 multi-family housing units.
It is the company’s first store in Indiana and 45th in the United States.
A franchisee has agreed to open five locations in the metropolitan area, with the first expected to begin operating in August, in the former Fox & Hound space on the city’s northeast side.
The widow of Mel Simon is donating her entire 107-acre estate in Carmel to the Great American Songbook Foundation—a gift valued at more than $30 million that the foundation plans to use to help it establish a major museum in central Indiana.
The 65,000-square-foot sports training facility proposed by Mayor Andy Cook’s nephew would be built directly to the west of the indoor soccer arena known as the Grand Park Events Center on 191st Street.
The proposal from Paul Rioux, owner of Platinum Properties Management Co. LLC, is for a 309-acre development and would keep the golf course open.
The Great American Songbook Foundation now has the expensive responsibility of maintaining the 107-acre Asherwood, including paying a nine-person maintenance staff.