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Three transit-oriented projects in line for city financing incentives

October 27, 2022 | Taylor Wooten

The Indianapolis City-County Council and Metropolitan and Economic Development Committee are considering tax-increment financing for three apartment developments that prioritize access to transit.

City seeking bids for parking lot north of Old City Hall

October 21, 2022 | Mickey Shuey

City officials see the 0.65-acre parcel at 222 N. Alabama St. as a connector between the Mass Ave cultural district and the Market East area, potentially with a hotel or apartment project.

Indianapolis Downtown Heliport expected to close by end of year

October 12, 2022 | Mickey Shuey

The Indianapolis Airport Authority and the city of Indianapolis on Wednesday confirmed the heliport could be decommissioned later this year by the Federal Aviation Administration, paving the way for redevelopment.

Retailers’ stockpiles mean holiday discounts starting now

October 11, 2022 | The Washington Post

After struggling with product shortages for much of the pandemic, the country’s retailers are now facing an unprecedented glut of unsold merchandise that’s cutting into profits, derailing holiday plans and threatening to drag down broader U.S. economic growth.

What’s next for IndyRent as federal funding fades away?

September 23, 2022 | Taylor Wooten

At its peak, the rent-assistance program doled out $7 million in a month. That rate is impossible post-pandemic, so the city must decide how much eviction-prevention assistance is possible.

City reaches $200K settlement over Towne & Terrace housing complex

September 22, 2022 | Taylor Wooten

Indianapolis officials said the agreement announced Thursday is expected to give the city more control of the crime-plagued housing complex.

City incentives still in the works for Jail II redevelopment

September 9, 2022 | Mickey Shuey

The developer behind the proposed revamp of the former Jail II and Arrestee Processing Center facilities on the eastern edge of downtown Indianapolis said he expects city incentives for the project to be secured by the end of this year.

City eyes street rebuild on Monument Circle

August 12, 2022 | Mickey Shuey

Officials are working on finding the $60 million, which will likely include federal funding, to pay for it.

City presents concepts for Henry Street bridge connecting Elanco, downtown

July 29, 2022 | Mickey Shuey

The Henry Street bridge would accommodate both cars and pedestrians and is a key component in the city’s infrastructure-heavy incentive package to bring Greenfield-based Elanco downtown.

IBJ Podcast: Examining the $175M plan for downtown’s City Market block

June 20, 2022

For this week’s edition of the podcast, host Mason King talks with Scarlett Andrews, director of the Indianapolis Department of Metropolitan Development, and Eric Gershman, principal at Gershman Partners, about the project and the timeline.

Revlon, beauty icon in crowded market, files for bankruptcy

June 16, 2022 | Associated Press

Already weighed down by rising debt, Revlon’s problems only intensified with the pandemic as lipstick gave way to a new era in fashion, this one featuring medical-grade masks.

Broad Ripple booms with new developments that are attracting residents

April 1, 2022 | Mickey Shuey

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.

Plans for redevelopment of former GM stamping plant site moving forward

March 25, 2022 | Mickey Shuey

The IEDC and leadership of The Valley neighborhood presented initial plans to residents on Thursday night following several months of consultation with local firms Browning and MKSK.

The changing face of Indy’s malls

March 18, 2022 | Mickey Shuey

Local malls and shopping centers are continuing to grapple with the decline in brick-and-mortar retail demand by trying to reinvent themselves with a focus on amenities.

Indy competes for $75M to remake brownfields for food processing, manufacturing

March 18, 2022 | Leslie Bonilla Muñiz

A coalition of city-county government and local community groups this week completed a final round of applications for a federal grant of up to $75 million, that could total $90 million with a required local match.

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