The 104th running of the Indianapolis 500 is Sunday. For the surrounding community of Speedway, which bills itself as the racing capital of the world, many residents will be watching from home, and they are filled with sadness.
The launch of a $63 million project to add an interchange and rework another is likely to fuel a new blitz of commercial development in the state’s fastest-growing town.
The basement of the Indianapolis Motor Speedway Museum is jam-packed with hundreds of vehicles that never go on display. Some of those cars are going on the auction block.
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
Loftus Robinson LLC partnered with an Indianapolis hotelier late last week to shore up financing for the project at the southeast corner of 16th and Main streets. Construction has been stalled since July 2019.
The hospital system has filed a petition for vacation of several streets, meaning it wants to close or privatize them and fold them into the new campus.
Every wall, nook and corner features original art, almost all of it purchased from central Indiana artists or from the local artists in places where the couple vacationed, including Alaska and Bhutan, a Buddhist kingdom on the Himalayas.
Also, in the latest North of 96th roundup, a barber shop and wellness lounge is planning its grand opening. Meanwhile, a Carmel theater has reopened and a Zionsville tea room is closing.
Indianapolis’ north-side apartment market, which includes parts of the city and extends into Boone and Hamilton counties, could see as many as 1,862 new units come online next year.
Community officials are hopeful a new east-side housing project focused on young adults aging out of foster care will go a long way in furthering the area’s efforts to reduce homelessness.
Four decades ago, “it felt like tumbleweeds rolled down Washington Street.” But aggressive moves to build the city skyline, develop hotels and create more places to live led to a transformation of downtown.
Forty years ago, Hamilton County’s suburbs were viewed as little more than northern extensions of Indianapolis. Today, they are destinations all their own.
