A six-story, $65 million, multifamily planned redevelopment of the former Kroger store in the heart of Broad Ripple is the latest in a series of substantial projects.
Fabio de la Cruz has a plan to transform Lafayette Square Mall and several adjacent properties into a multicultural hub, including a concert center, movie theater, hotel and multifamily housing.
Plans for the shopping center property call for a new name and multiple new uses, including apartments, hotel, sports facilities, concert center, a police station and a public trail and canal.
More than 22 million square feet of space is already under construction, with some brokerages estimating several million more will break ground by the end of the year.
For decades, one industry—health care—has largely clung to its traditional model of person-to-person visits in brick-and-mortar buildings, even as other industries have gone virtual. It took a pandemic to disrupt everything, almost overnight.
Landlords had been worried not just that tenants wouldn’t be able to stomach rent increases in 2020 but that they might not be able to pay their rents at all as the pandemic wore on. But collections remained strong,
A largely agricultural area near the formerly contested border of Zionsville and Whitestown could soon be the site of two 550,000-square-foot warehouses.
The city of Indianapolis could spend nearly $93.5 million over several years on Castleton’s infrastructure, as part of a broad vision to remake the corridor with better connectivity and walkability.
The lion’s share of Fishers’ recent high-intensity development has taken place at East 116th Street and Interstate 69, but a wave of projects is coming together just to the south.
The 18.1-acre parcel is one of the few remaining undeveloped sites of significant size on Indianapolis’ northern edge. Although it’s bordered by homes, local brokers foresee commercial development.
Beyond the 1,500-acre industrial park near Indianapolis International Airport, the developer has launched a broad range of residential and commercial projects in Marion and Hamilton counties, from the redevelopment of the Milano Inn site downtown to the Grand Park Events Center in Westfield.
The university’s $205 million in big gifts was about two-thirds of the $302.9 million in gifts of $1 million or more given by individuals to Indiana not-for-profits in 2017.
Big downtown real estate projects are expected to add that much room to the retail inventory, and advocacy group Downtown Indy is jumping in to help drum up interest.
The effort, launched in late 2014, aims to mix private-sector investments with federal tax money to spark residential and commercial activity in five targeted Indianapolis neighborhoods.
Ten industrial buildings have been completed within the past 24 months, another three are under construction, and four projects are in the process of getting started.
