Kite Realty seeks TIF funds for 3 mixed-use projects
Indianapolis-based developer Kite Realty Group Trust is asking the cities of Carmel and Indianapolis to ante up incentives for a trio of mixed-use projects in its pipeline.
Development Proposals
Articles
Ambrose is mum, but experts say it likely ran into financing problems for $1.4B Waterside
Real estate developers and experts suspect the firm couldn’t get access to enough capital to move forward with the massive, 103-acre development. Opinions are mixed on whether the site should remain intact or be split into multiple projects.
Owner proposes 22-story addition to downtown’s Morrison Opera Place
Plans for the development include a 220-room hotel and 32 residential units. The addition would boost the existing historic building from four to 26 stories.
New 104-room hotel planned for Old Southside neighborhood
A local investment group plans to spend $9 million to $10 million to construct the four-story hotel at 324 Wilkins St. If approved, the development would bring a new, fast-growing midscale hotel brand to Indianapolis.
Council approves incentives for $66M downtown project
The Indianapolis City-County Council on Monday night approved nearly $10 million in financial incentives for a Denver-based developer that is planning a 13-story apartment, retail and office project across the street from the Indiana War Memorial.
Metazoa Brewing drops plans for Broad Ripple taproom
City development officials had concerns about the design of the brewpub’s proposed second location. Also this week: BrewDog, The District Tap, Nightmare on Edgewood
Roundup: Texas Margarita’s restaurant opens on North Keystone
The new venture replaces another Mexican restaurant at the site. Also this week: Steak n Shake, Rise ‘n Roll Bakery, Hitherto Coffee & Gaming Parlour and BoxLunch.
Spenga fitness chain entering Indianapolis market
The Chicago-based chain is the latest in a rush of similar announcements. Also this week: Beauty Brands, Normal Coffee, Got Sole? Boutique and more.
Gomez BBQ branching out from City Market
The homegrown venture will open its first stand-alone restaurant on East 10th Street. Also this week: Peloton, Culver’s, Lululemon and more.
Broad Ripple site of Thr3e Wise Men up for auction
The assets of Thr3e Wise Men’s now-closed Broad Ripple location will be auctioned off next month. Also this week: Kopetsky Auto Wash, Hendricks County Bank and Trust, Chuy’s, Ross Dress for Less, more.
Utah-based Vasa Fitness coming to Indy
The chain will move into a former Kroger store on the city’s southeast side. Also this week: 16-Bit Bar + Arcade, Greenleaf Juicing Co., U-Haul and more.
Cabaret-style theater in Greenwood moving to new digs
Also in this week's roundup: The latest on Yo Mama Roux, Goldfish Swim School, Zips Dry Cleaners and Yujo.
Microbrewery opens at site steeped in racing history
Guggman Haus Brewing’s near-west-side tasting room is reviving a pair of historic buildings with ties to one of the Indianapolis Motor Speedway’s most iconic drivers.
More rooftops mean more retail for Avon
A Toledo-based developer is about to start a two-building, 25,000-square-foot retail center at the corner of 10th Street and North Raceway Boulevard, adjacent to the Linden Square Village apartments.
Two Chicks Whisky Business opens Plainfield bakery
The shop is a made-from-scratch effort that started in a food truck. Also this week: 3 Brothers Pub & Grub, Macy’s Backstage and Stein Mart becomes Amazon Hub.
Former ice-cream factory gets extensive renovations
The Irvington landmark has reopened as a multi-tenant space. Also this week: 10th Street Diner, Turn 3 Chicken & Waffles, Jailbird, Tiny House Treats, DeBella’s Subs and more.
Family-owned Georgetown Market completes nearly $300K in upgrades
The store in the International Marketplace district improved its deli and produce departments with the help of a loan program that provides low-cost financing for projects that increase community access to healthy foods.
Penrose on Mass lines up new tenants
The businesses will join five other retailers that recently opened on the ground floor of the new Massachusetts Avenue apartment building.
Black Dog Brewing Co. to open in Mooresville
Black Dog will be the first craft brewery in the Morgan County town. Also this week: Ellison Brewery, The Dugout and Ale Emporium.
Baby’s restaurant opening in former drag club
The family-friendly restaurant, which will have a retro-diner atmosphere, will also acknowledge the space’s history as the former home of Talbott Street Nightclub.