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City views soccer stadium as catalyst for growth

June 28, 2024 | Mickey Shuey

With funding plans for a proposed soccer stadium clearing another hurdle this week, Indianapolis leaders, developers and brokers are beginning to evaluate the impact such a project could have on the near-east side of downtown.

360 Market Square owner seeks additional investors in tower

March 28, 2024 | Mickey Shuey

360 Market Square is among downtown’s most expensive apartment properties, with an average rent of $2,365 per month.

Amended bill would retain taxing district but some could opt out

February 20, 2024 | Mickey Shuey

An Indiana Senate committee on Tuesday adopted an amendment to a bill originally aimed at disbanding the recently-created Mile Square economic enhancement district, essentially keeping the designation in place, but with several changes.

Regions Tower owners face $75M foreclosure suit after missing loan deadline

February 5, 2024 | Mickey Shuey

In addition to its foreclosure demand, Wilmington Trust has requested the appointment of a new receiver for the 685,000-square-foot, 36-story property.

City to spend $2.1M on trail to connect justice campus to downtown

February 1, 2024 | Mickey Shuey

Construction on the multi-use trail began this week and is expected to be completed by the end of the year.

State lawmakers hear testimony on bill to repeal Mile Square tax

January 17, 2024 | Peter Blanchard

The majority of people who testified about the bill were against it, arguing that it would undo the work of corporate and civic leaders to boost perceptions of downtown in the aftermath of the pandemic and the 2020 protests for racial justice.

Drake apartments property receives five proposals for reuse

November 2, 2023 | Mickey Shuey

The Department of Metropolitan Development in August issued a request for proposals for updating the long-vacant, city-owned building at 3600 N. Meridian St.

Old City Hall development is ‘huge opportunity,’ although designs remain in their infancy

October 13, 2023 | Mickey Shuey

Early plans for the $150 million project, known for now as the “Alabama Redevelopment,” call for a 387-foot glass tower containing 190 apartments, 24 condominiums, 150 hotel rooms and 8,000 square feet of retail and hospitality space.

Editorial: Moving staff into City-County Building is good for downtown and residents

September 29, 2023

The move is good for the businesses—including the City Market, which will be undergoing its own transformation—around the City-County Building, and it’s also good for Indianapolis residents, who shouldn’t have to visit multiple locations to complete city business.

City drops plan to redevelop City-County Building

September 15, 2023 | Mickey Shuey

The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.

TWG’s ambitious Old City Hall proposal chosen over several other bids

August 31, 2023 | Mickey Shuey

A few of other bids were similar to the selected proposal put forth by TWG Development, while others went in a distinctly different direction. Here’s a look at those proposals.

Hogsett administration seeking new redevelopment proposals for Old City Hall

June 28, 2023 | Mickey Shuey

The city’s Department of Metropolitan Development is asking developers to pay at least $2.34 million for the 113-year-old building at 202 N. Alabama St., which was the seat of city government until the City-County Building was completed in 1962.

Tale of two downtowns: $9B set to be invested in projects, even as business district struggles with recovery

February 17, 2023 | John Russell and Mickey Shuey

Many parts of downtown are thriving—particularly neighborhoods, where rents are rising, people have to stand in line for a lunch table, and investments are flowing. Other parts—especially downtown’s central core, where many workers might come to the office only once or twice a week—are limping along, pockmarked by vacant storefronts, panhandlers and crumbling sidewalks.