The City-County Council on Monday saw the introduction of proposals to award developer-backed tax-increment financing bonds for a $60.8 million apartment development at the 16 Tech Innovation District, along with the $53 million redevelopment of the historic Stutz Motor Car Co. factory.
Nearly two years into the pandemic, the agency that oversees the convention center, Lucas Oil Stadium and other sports venues has been able to pay its bills without layoffs or long-term facilities closures.
Everything Home is an offshoot of custom homebuilding company, Heartwood Custom Homes. This spring, it will open its own 2,600-square-foot showroom at the Indiana Design Center in Carmel’s Arts and Design District.
The Indianapolis Public Schools Board of Commissioners approved a plan Thursday to sell the John Marshall school building to a yet to be determined not-for-profit organization for $725,000.
The announcement was greeted with relief from City Market leaders, who’ve lost operating revenue and several merchant-tenants to the construction on Market Street between Delaware and Alabama streets.
Seventeen regions representing all corners of the state will each get a slice of the $500 million in state-funded regional grants, with $65 million going to regions in the Indianapolis metro area.
The 17 applications outline hundreds of projects in urban and rural communities, from mixed-use developments, affordable housing, local downtown renovations and workforce training programs to new parks, trails, sports complexes and concert venues.
Gov. Eric Holcomb said interest in the Regional Economic Acceleration and Development Initiative, or READI, has surpassed the state’s expectations—so much so that the allotted $500 million in funding will fall far short of meeting every region’s vision.
Dates for the big move are being pushed back due to COVID-related holdups in getting some systems and equipment, such as cameras, network switches, outdoor lights and other items with computer chips.
As the number two executive at CICF, Jennifer Bartenbach leads the internal workings of the foundation—the financial operations, information technology, marketing and communications, donor services, and human resources.
A panel of six designers affiliated with the American Institute of Architects Indianapolis selected the most architecturally significant buildings built after World War II. Check out the list.
City Nail Bar could open on South East Street, where recent commercial launches include an ice cream shop, a chiropractic office, a makeup and skincare salon and a massage therapy studio.
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.
Groups that hope to see revitalization in the Indiana Avenue neighborhood are paying close attention to how future interstate construction projects will affect the area.
