The $120 million building will become yet another signature structure in the new Market East district, a section of downtown that until recently featured a sea of parking lots and ramshackle buildings.
The lots were among the last available spaces to nab close to the main drag in Fountain Square, a neighborhood where Fisher and his family’s business, RCA Properties LLC, already owned substantial property.
Members of the Indianapolis Historic Preservation Commission say they postponed a vote on the Mass Ave project at the request of City-County Council members who argue the building's massive screen could run afoul of billboard rules. Commission members also questioned the building's design and even its bold colors.
Fine artist Kyle Ragsdale grew up in Texas and spent years in New Mexico. But when it came time to put down roots in Indianapolis, where he’s lived since the 1990s, he chose the Fountain Square neighborhood.
After running a closed-door procurement in which the three bidders were allowed to shape the city’s final requirements for building the Marion County Justice Center, two proposals came in above the city’s ceiling payment of $50 million for the first full year.