Elanco Animal Health Inc. officials say they expect to break ground on the company’s new $100 million headquarters just west of downtown Indianapolis in early 2022 after fine-tuning plans for the project with city and state officials.
Local firms set to redevelop former Kroger store in Broad Ripple
Gershman Partners and Citimark plan to raze the grocery to make way for a new mixed-use project, though plans for the development are still in the works.Read More
Under-the-radar developer poised to redefine Lafayette Square neighborhood
Fabio de la Cruz has a plan to transform Lafayette Square Mall and several adjacent properties into a multicultural hub, including a concert center, movie theater, hotel and multifamily housing.Read More
Fast-growing Sweetgreen, ‘the Starbucks of salads,’ to debut in Indiana with north-side restaurant
The national fast-casual salad chain is in expansion mode as it prepares to become a public company. Filings with the state show that it’s also considering a downtown Indianapolis location.Read More
Long-delayed Speedway hotel project slated to get new developer
A Georgia-based development firm said Monday it hopes to take the reins of the Wilshaw hotel project across from Indianapolis Motor Speedway, with hopes of completing construction by early 2023.Read More
A Carmel-based development firm plans to spend $70 million or more to turn agricultural fields in Noblesville into the site of three industrial buildings called Saxony Industrial Center.
Crews are spiffing up the grounds at the Basile Opera Center, the latest move in a rebirth of sorts for the opera company, which in August purchased the former church at 4011 N. Pennsylvania St. it’s been leasing for 10 years.
The Indianapolis Cultural Trail Inc. is starting work on its 2-mile expansion, the trail’s first extension since it opened in 2013.
The city has a preliminary agreement in place with WoodTurningz Inc. and Texon Towel and Supply Co. to abate most of their property taxes over the next eight years if the companies meet hiring goals.
The second phase alone is likely to take about three years to build, with construction commencing in mid-2022 at a tentative cost of nearly $100 million. The total project cost is expected to push $300 million.
Plans call for the 1st On Main development—previously known as Lot One—to include a four-story office building with first-floor restaurant space and a private rooftop terrace, luxury condominiums, upscale apartment units and a parking garage.
Three developments have opened this fall: one just south of Indianapolis International Airport, one on the near-east side, and one in Fishers. A fourth is planned for Whitestown.
More than two dozen Indianapolis parks will receive funding allocated to Indianapolis under the American Rescue for renovations to their playgrounds, Mayor Joe Hogsett’s administration announced Thursday.
The massive hospitality and entertainment district is slated to be anchored by a $25 million multisport venue surrounded by apartments, hotels, medical office buildings, restaurants, stores, senior-living facilities and condos.
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
Featuring an exterior of clear and light-colored glass, the building would replace the current headquarters of the American College of Sports Medicine while giving the group a new home.
City officials will present the results of the 209-page report on potential options for redevelopment at a City Market board meeting Thursday, along with concrete plans for $5 million in maintenance and basic improvements.
The $35 million boutique hotel at 141 E. Washington St., at the corner of Delaware Street, will open in a remodeled 60,000-square-foot building that was constructed in 1969 for State Life Insurance Co. and was the home of local law firm Riley Bennett & Egloff from 2003 to 2019.
Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”
Westfield-based Henke Development Group had its development plan for a nearly 79,000-square-foot clubhouse featuring a slew of golf- and non-golf-related amenities approved this week by the Zionsville Plan Commission.
Innovation Mile, as it would be called, aims to bring medical technology, life science innovation, wholesale trade, professional and technical services companies to Noblesville by offering shovel-ready sites and shared amenities.
The $200 million headquarters development plan by Indianapolis-based Republic Airways Holdings Inc. and Kite Realty Group Trust would result in Republic becoming the largest employer in Carmel.
Indianapolis-based Cornerstone Cos. Inc. said it teamed with the New York City-based global investment giant to acquire and develop more than $1 billion in real estate assets over the next few years. The deal includes the recapitalization of 25 Cornerstone properties.