The city of Indianapolis could spend nearly $93.5 million over several years on Castleton’s infrastructure, as part of a broad vision to remake the corridor with better connectivity and walkability.
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A Peachtree official said the company bought the land for the development opportunity and is now “evaluating our options to potentially build on the lot.”
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The long-planned $500 million project is at a pivotal moment—one its organizers say could serve as a catalyst for tremendous growth at the 50-acre campus and for central Indiana overall.
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A trio of hotels in downtown’s construction pipeline have stalled in recent months, raising questions about whether they will ultimately move forward.
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Three housing and hotel projects are in the works at the former Fort Benjamin Harrison site in Lawrence, and planners hope these projects will accelerate efforts to redevelop part of the former U.S. Army base.
Preliminary plans by an IndyCar racing team and a vehicle engineering company could lead to the first development in Zionsville’s Creekside Corporate Park in years.
Washington Prime Group Inc. has filed a request with the city of Carmel to rezone the 577,614-square-foot shopping center at West 146th Street and U.S. 31 to allow for a variety of new uses.
The Carmel City Council on Monday voted to have its four-person finance committee look into what led to $18.5 million in cost overruns on the Hotel Carmichael project. It rejected a proposal have the entire council involved in the review.
Over the past two years, Hancock Health has bought 140 acres of empty farmland at the Mount Comfort exit of Interstate 70 for a development it has named Hancock Gateway Park.
The city of Indianapolis is looking at whether it can secure $72 million in funding for a long-planned Decatur Township road project that supporters say would spark economic activity along one of the county’s least-developed corridors.
The state’s separate deaf and blind schools need $100 million in upgrades over the next 20 years; state officials might start over with new buildings on a shared site.
The businesses join 16 other tenants confirmed for the Garage Food Hall lineup. The food hall is expected to open in October.
The planned closing of the 102-year-old factory in the southwestern corner of downtown likely will throw into play a nearly 18-acre site that real estate experts say would be attractive for myriad uses.
The project is expected to include a 127-room Hampton Inn and conference center, a national grocer, restaurants and retail space, and possibly senior housing and medical offices.
Original plans called for a 99,000-square-foot, seven-story building with 104 Moxy rooms and 102 AC Hotel rooms. The new plan includes 126 Moxy and 119 AC rooms in a structure of just more than 113,000 square feet.
Westfield-based Henke Development Group is seeking approval for a 2,000-acre master-planned community with retail stores, apartments, an industrial park, a golf course and thousands of residential units along Interstate 65.
Marion Superior Court Judge Timothy Oakes said he does not believe the court system was the correct arena for the dispute, which he said is more of a business conflict than a legal matter.
Locally-based Sheehan Development is seeking approval to rezone land on the northwest corner of South Arlington Avenue and East County Line Road—directly east of Interstate 65—for a project with multifamily, commercial and light industrial uses.
Indianapolis-based development firm Litz & Eaton Investments LLC—whose principals are entangled in several legal battles as part of a messy split—sold the properties to other companies who plan to move forward with developing the sites.
The Harbour, YogaSix and Witch Hazel Salon will join a growing list of tenants for the first phase of the 12-acre, $300 million mixed-use development at 850 Massachusetts Ave., officials said.
The firm sued the city in mid-November, after it threatened to take the 91-acre site from Ambrose, by eminent domain if necessary, to ensure the property is developed.
A city hearing examiner recused herself from ruling on a variance for a proposed 40,000-square-foot health and family center at Broad Ripple Park. The recusal automatically advances the proposal to the city’s Metropolitan Development Commission.
Progress on the 126-room Wilshaw, at the southeast corner of Main and 16th streets, has been stalled since early July while Indianapolis-based developer Loftus Robinson awaits the release of its first loan installment to finance the project.
Onyx+East has partnered with Extra Space Storage to redevelop the block at the southeast corner of North and Fulton streets with new residences and a six-story storage facility. The project will require the demolition a nearly century-old building.
