The city’s Department of Metropolitan Development and the Children’s Museum of Indianapolis, which has owned the Drake since 2014, issued a request for information inviting proposals from groups with an interest in redeveloping the property at 3060 N. Meridian St.
The lion’s share of Fishers’ recent high-intensity development has taken place at East 116th Street and Interstate 69, but a wave of projects is coming together just to the south.
The land near Interstate 69 and 106th Street had previously been targeted by Sun King Brewing Co. as a location for a major brewery and tasting room.
Strongbox, a commercial development and construction management company, plans to spend $7 million to tear down a quarter of the existing store and then add a second retail building to the site.
The 189,000-square-foot first building is one of four planned by Indianapolis-based Ambrose Property Group at its new Plainfield Logistics Center.
Plymouth Industrial Real Estate Investment Trust said Tuesday that it acquired the nine-building Shadeland Commerce Center and a 353,000-square-foot building at 7901 W. 21st St.
The Westfield City Council on Monday created a special allocation area Monday for Carmel-based Old Town Cos.’s planned Union Square at Grand Junction residential and retail development.
White Lodging pitched its plan last year for a complex including an event center, four hotels, an office building, condos, restaurants, a craft brewery and a 30,000-square-foot horse-riding arena.
The Indianapolis Historic Preservation Commission on Wednesday voted to approve changes to the design and construction timeline for a downtown condominium project planned along South Meridian Street.
The four-story building with nearly 140,000 square feet of Class A office space was originally built in 1999 to house John Wiley & Sons Associates, the publisher of the “For Dummies” series of guidebooks.
The city of Indianapolis was told Wednesday by a judge that it can’t begin eminent domain proceedings on the former GM stamping plant site until its ongoing legal dispute with development firm Ambrose Property Group has been resolved.
The mall’s proposed sale is considered by industry experts to be welcome news for a lower-income neighborhood trying to make a comeback.
Sources said Eight Eleven Group is hoping to build a five-story office building, an adjacent four-story apartment structure and an underground parking garage where 200 to 250 people will be employed.
Scott Wise, who founded the once-flourishing Scotty’s Brewhouse restaurant chain, starts Tuesday at CBRE’s Indianapolis office, joining a team of 12 brokers in the office’s retail division.
Lafayette Square Mall is up for sale. And whether the Indianapolis-area’s third largest shopping center remains a retail property or is redeveloped into something else will be determined by the buyer.
A Westfield developer’s plans for 68 acres next to Grand Park include a major planetarium and space science center, laser tag venue, jump park, bowling alley, indoor/outdoor go-kart track and driving school.
The acquisition of Hulman & Co. will give Penske Corp. control of about 37% of all the land in Speedway, making the company the town’s single-largest landowner. Roger Penske said he wants to take advantage of that land.
Florida-based Metro Diner closed its Butler location in March. Butler says the lease is still in effect and it’s suing for unpaid rent. Metro has four other Indianapolis-area locations that remain open.
The demise of the Castleton restaurant follows the chain’s sale to a private equity group. Also this week: Kilroy’s, Becker Supply, Nurture, Purse Strings and more.
The undeveloped site between Perry Road and Airtech Parkway is adjacent to the Shops at Perry Crossing and the Plainfield Commons shopping center.
