Indianapolis officials have triggered a wide-scale review of the need for big municipal buildings downtown. Real estate executives are intrigued by the 28-story City-County Building's potential for private redevelopment.
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
The long-vacant P.R. Mallory building on East Washington Street is closer to becoming occupied, after plans to bring the Purdue Polytechnic High School there stalled over higher-than-expected renovation costs.