Deluge of downtown projects averts construction dry spell
A spate of large real estate projects in the pipeline for downtown is providing a shot in the arm for a local construction industry still rebounding from the recession.
A spate of large real estate projects in the pipeline for downtown is providing a shot in the arm for a local construction industry still rebounding from the recession.
Deborah Berke & Partners is the architect on the nine-story project from hotelier 21c. If the name sounds familiar, it’s because the firm designed what should be another signature building on downtown’s east side.
Parking on the east side of downtown is becoming harder to find—enough to prompt some rates to rise—thanks to a trio of real estate developments replacing surface parking lots.
The team charged with designing and engineering downtown’s $20 million transit center—which has begun to emerge south of Washington Street between Delaware and Alabama streets—took on three core challenges.
Flaherty & Collins execs joined city officials Wednesday morning to break ground on the $121 million, 28-story downtown development, which was renamed 360 Market Square. Design changes have shaved about 70 feet from the tower’s originally planned height.
Executives of Flaherty & Collins Properties will join city officials Wednesday to turn dirt on the site, kicking off construction of the $121 million, 28-story apartment project anchored by a Whole Foods store.
The new owner of the garage on East Market Street is investing $2 million to refurbish the facility in hopes of reopening it in June.
A West Lafayette firm plans to construct an 11-story downtown apartment and retail project that would add to the growing number of housing developments targeting IUPUI students.
Marc Lotter says he doesn’t know yet where he will land. He has been Mayor Greg Ballard’s communications director since November 2010.
The Indianapolis area’s competitive grocery market is becoming even more crowded with the arrival of additional specialty stores catering to the upscale crowd.
A local developer has purchased a vacant 12-story office building east of Monument Circle downtown and is embarking on $7 million renovation to return the property to its former prominence.
TWG Development is converting the former Lawrence Central High School into senior apartments and is seeking tax credits to do the same to schools on College Avenue and Lafayette Road.
With the future of a state-owned downtown parking lot in limbo, Indiana is looking to a smaller space on the west side of the capitol as the site of a public plaza to commemorate the 2016 bicentennial.
Observers question architectural creativity, quality of materials in some new downtown apartments.
The CEO of Salesforce.com, which purchased ExactTarget for $2.5 billion last year, told IBJ on Tuesday morning that the firm was looking for the right opportunity.
The firm has chosen New York-based Deborah Berke Partners to design its $30 million global distribution headquarters that will be built on part of the site where Market Square Arena once stood.
Indianapolis Business Journal gathered leaders in the state's commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 13.
Among the topics the panel discussed were the factors driving downtown growth, which types of office space are in demand, the types of projects being built, and how the industrial sector has sustained its strength.
Central Indiana favorite Bub’s Burgers and Ice Cream has chosen downtown Fishers to build its fourth restaurant, town officials announced Thursday evening.