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.
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.
The Indianapolis-based firm has filed plans for a 14-building project in Carmel with nearly 1 million square feet of office space, plus retail, restaurants and a dual-branded hotel.
The Boone County town has a population about a quarter the size of neighbor Zionsville, but new single-family housing permits filed for Whitestown have outpaced Zionsville’s since 2014.
Two former top executives of Duke Realty Corp. are parlaying their experience at the publicly traded developer to take their real estate firm to new heights.
Rival brokerage Summit Realty Group has been using the Cushman name through its participation in the Cushman alliance. But it has agreed to terminate that affiliation.
The school system is expecting a flurry of interest in the 11-acre site—dominated by a former Coca-Cola bottling plant—as development opportunities in the popular cultural district dwindle.
Howard C. Peterson, an enterprising bricklayer who went on to build a prolific development company that transformed Indianapolis' north side with massive office complexes, died Friday after a long illness. He was 84.
A rush of new office, residential and retail projects suggest real estate developers in Broad Ripple Village remain optimistic in the midst of high-profile incidents of crime.
A heavy hitter among commercial real estate developers has left the firm he helped found more than 20 years ago, to start his own company, and has taken most of its employees with him.
Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.
The Indianapolis Airport Authority has taken its fight against an off-airport parking operator to the Indiana Court of Appeals after exhausting its options in Marion County Superior Court.
A once-in-a-generation combination of strong grain prices, high farm incomes and unprecedented interest in commodities investments has caused prices for agricultural acreage to skyrocket.
