An iconic architectural landmark that would create a gateway to downtown is one of several features city officials want as part of a redevelopment of the former General Motors stamping plant site.
The owner of the former General Motors stamping plant property plans to solicit bids for the site as early as next month and is expecting proposals to be much bolder than previous pitches.
Banker J.F. Wild had the limestone building constructed in 1923 to house his growing financial institution. Developer Loftus Robinson has just spent two years reversing decades of neglect.
Mayor Joe Hogsett’s administration is targeting the former General Motors stamping plant site on the west side, where development plans have stalled, and the upstart Market East District on the opposite end of downtown.
Construction of a 21c museum and hotel slated to be built as part of a $55 million redevelopment of Old City Hall is not likely to start on time after the owner missed a deadline to secure financing.
A prominent Indianapolis developer is pursuing two projects totaling $32 million that would bring a grocery and 200 apartments to a neglected stretch near 38th and Meridian streets.
Four apartment projects totaling more than 1,000 units are either under construction or in the works near IUPUI, as developers capitalize on the university’s transition to a residential campus.
The Hogsett administration is in discussions with school administrators to take over decision-making on the 11-acre Massachusetts Avenue property and might even buy the site.
To avoid appearances of a conflict of interest, Mary Ann Sullivan has removed herself from the bid process because of her husband’s ties to the two Milhaus bids.
Originally set to vote Thursday, board members decided they needed more time to examine proposals for redeveloping the former Coca-Cola bottling plant site and to get feedback from neighbors.
Indianapolis Public Schools is considering five bids for its 11-acre site. But a sliver of land along Massachusetts and College avenues may go undeveloped, depending on which proposal is chosen.
Out-of-state developer Hendricks Commercial Properties hopes to make a bold statement in Indianapolis with its $260 million pitch for a mixed-use project on a highly coveted piece of downtown land.
High-profile startup High Alpha is helping Milhaus Development identify potential anchor tenants for the office portion of its proposed 825,000-square-foot project along downtown’s Massachusetts Avenue.
A team led by Strategic Capital Partners wants to build 1.3 million-square-foot commercial development on downtown property that houses a former Coca-Cola bottling plant.
Thousands of apartments have been built downtown in recent years to satisfy a voracious appetite for more rental housing in the city’s core. But demand for new apartments in the Indianapolis area finally appears to be softening.
