New life for Illinois Building?
A local developer is working on plans to save the vacant 10-story Illinois Building, considered in recent years as one of the state’s most endangered historic…
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Drugstore shuffle on 86th
A rough economy hasn’t calmed the grudge match between drugstore giants Walgreen Co. and CVS. Both stores are planning new locations at the busy intersection…
Cosmopolitan a total loss?
The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building’s remaining facade…
Sad news: Cosmopolitan burns
A $33-million apartment and retail project along the canal downtown caught fire early this morning. The Cosmopolitan on the Canal project, by Flaherty & Collins Properties, had been nearing completion on a site bordered by the canal, Senate Avenue, Michigan…
Jack in the Box coming to Indy
The West Coast fast-food stalwart Jack in the Box is looking to expand to Indianapolis this year. The San Diego-based burger chain plans…
JW Marriott taking shape
The new 1,000-room JW Marriott convention hotel is rising fast at West and Washington streets in anticipation of a grand opening in March 2010. The $425-million complex also calls for a Courtyard by Marriott, SpringHill Suites and a Fairfield Inn…
Mass Ave building changes hands
An iconic flatiron building on Massachusetts Avenue downtown has a new owner nearly three years after the property first went on the market, IBJ’s Chip Cutter reports…
Group reconsiders demo request
The Salvation Army is rethinking a request to demolish an historic home it owns next to its headquarters at Michigan and Alabama streets. The not-for-profit…
New owners plan Hamaker update
The new owners of the Hamaker Building at 49th and Pennsylvania streets are planning to spend more than $500,000 to repair the facade, add new landscaping and give the 1920s building new…
Around town retail roundup
A new restaurant called Stanley’s New York Deli plans to open Feb. 28 at the corner of 86th Street and Ditch Road. Owner Greg Abes named the 3,800-square-foot deli for his father…
Conservancy plans take shape
The Nature Conservancy is finalizing plans for its new $4.4-million headquarters at 620 E. Ohio St. downtown. The not-for-profit group is planning a two-story, 20,000-square-foot…
A new anchor for Fall Creek Place?
Check out this rendering of plans for the vacant northeast corner of 22nd and Delaware streets. The two-story project would be built to…
Renewal planned for towers
Developers are working on plans to build new residential or commercial space adjacent to two public-housing towers near Mass Ave downtown. The Indianapolis Housing Agency…
Group plans police museum
Turns out the window message in an old warehouse across from Conseco Fieldhouse is teasing a proposed police museum. The interactive museum, dubbed Cop City,…
Historic farmhouse in danger
The Historic Landmarks Foundation of Indiana is racing to save the Cotton-Ropkey House at 79th Street and Marsh Road just west of I-465. The owner of the…
More downtown restaurant news
Noodles & Co. plans to open in the long-vacant former home of Hard Times Cafe, which is just west of Houlihan’s and Steak n Shake on Maryland Street. The Colorado-based chain…
Blue fins in the sky
One Indiana Square is getting its new fin features, designed in part to give the building a more vertical
and less boxy profile. They also are adding a splash of color. What do you think? (IBJ Photos/Robin Jerstad)
Apartment renovation in Irvington
Apartment developer Christopher Piazza has closed on financing for a $1.2-million renovation of a 1914 apartment building in Irvington. The 31-unit…
Tower would offer balloon rides
Wow, you leave on vacation for a week, and miss this: Two Indianapolis businessmen are hoping to build a balloon-ride attraction within a 20-story, tubular steel tower….
IU’s new business incubator
IU is breaking ground today on a $10 million life-sciences and Internet-technology incubator in Bloomington. The new facility will be 40,000 square feet and is scheduled for…