What’s next for women’s prison? Historic property offers possibilities
City leaders and stakeholders have begun soliciting input and considering options but recognize that years of planning lie ahead.
Development/Redevelopment
-
Circle Tower acquired en route to AC by Marriott hotel conversion
The revamp of the historic, Art Deco building likely will begin by August, with completion set for 2027.
Read More -
‘Once-in-a-generation opportunity’: Hammond mayor ready for Bears stadium
The Bears are prepared to invest about $2 billion for the stadium project in Hammond, according to Indiana House Speaker Todd Huston, R-Fishers.
Read More -
UPDATE: Amended bill paves way for potential Chicago Bears stadium in Hammond
As amended Thursday, Senate Bill 27 creates a financial framework for the construction of a new stadium and puts to rest speculation as to where that stadium might be built.
Read More -
Bears stadium search sparks development interest in northwest Indiana
The possibility of a Chicago Bears stadium in northwest Indiana is already accelerating development planning and drawing new investor attention, according to local officials and development experts.
Read More
Articles
Indy stadium board distributes survey seeking feedback on Major League Soccer effort
Indianapolis has been in pursuit of an MLS club since April 2024, when Mayor Joe Hogsett announced the city’s intent to use the Indianapolis Downtown Heliport in a stadium and mixed-use district.
Westfield sets construction schedule for Park Street project
The two-phase redevelopment project involves transforming Park Street between Poplar Street (Westfield Boulevard) and Mill Street into a pedestrian-friendly corridor.
Indiana House adds $50M in regional tax credits to IEDC bill
The bill requires the Indiana Economic Development Corp. to set aside $50 million in tax credits — out of the agency’s total allotment of $300 million — for specific regional items. It also establishes rules for the state’s new drone-testing site.
Mike Epps predicts champions will emerge from his boxing gym
In addition to buying a cluster of homes in the Kennedy-King neighborhood, actor-comedian Epps purchased a former auto body and paint shop to house his his boxing gym.
Baptist group acquires Johnson County golf course site for seminary, recreation
The Indianapolis-based organization, which serves the Chin community, purchased the 110-acre site with plans for it to become a national destination for church members in 27 states.
Key state lawmaker casts doubt on Indianapolis’ aspirations for MLS stadium
For the second time in as many months, a state lawmaker is questioning the city’s chances of financing a potential Major League Soccer stadium.
UPDATE: Despite opposition from councilors and neighbors, Martindale-Brightwood data center gets initial OK
The Metropolitan Development Commission hearing examiner’s approval of Los Angeles-based Metrobloks’ rezoning request came despite strong opposition from Martindale-Brightwood residents and some members of the City-County Council.
COhatch facing eviction as Circle Centre owner alleges missed payments
A representative for COhatch Indy said the company hopes to resolve its dispute with with Hendricks Commercial Properties imminently.
Lauth Group, Schmidt Associates to study redevelopment possibilities for Washington Square Mall
Developers and architects are teaming with the town of Cumberland and Indianapolis City-County Councilor Michael-Paul Hart for a study into the deteriorating retail center’s potential, the parties announced Wednesday.
Mayor: New luxury hotel to be built near Fishers Event Center
Fishers Mayor Scott Fadness, during his annual State of the City speech, said the hotel project will occupy the site that previously had been earmarked for Chicken N Pickle.
Developer withdraws rezoning request for proposed Pike Township data center
American Tower Co. submitted plans for the project to the city of Indianapolis late last year. The proposed plans called for a single-story data center that would use about 4 megawatts of power.
Retail developer, philanthropist Sidney Eskenazi dies at 95
Eskenazi built one of the largest private retail development firms in the nation and became one of central Indiana’s most generous philanthropists.
SkyLake Adventures teams with Butler Institute for Sports and Entertainment
Under the partnership, Butler University students will receive real-life experience in hospitality and entertainment, and real-life experiences and practical skills in marketing, social media and communications.
Justus Cos. opens $7.3M headquarters in Noblesville
The Justus Cos., a 116-year-old real estate development and management firm, began moving into the 20,000-square-foot building this month.
Monon 30 developer says upscale Hyatt coming to lagging mixed-use project
This week, the Indianapolis Metropolitan Development Commission approved a rezoning request for the property at 1360 E. 30th St.
Ritz-Carlton development would add to Indy’s growing roster of luxury hotel offerings
Projected to open in 2028, the 170-room Ritz-Carlton is expected to be one of the most upscale hotels in central Indiana, along with the InterContinental Indianapolis and the Conrad Indianapolis.
Simons expand property holdings near Gainbridge Fieldhouse
Led by investments at and around Gainbridge Fieldhouse, Herb Simon and his family have spent over $26 million the past two years buying more than a half-dozen downtown properties.
Pharmaceutical company planning to employ 300 workers in Greenfield
The plant will focus on serving health care companies by developing and commercializing medical devices, drug delivery systems and combination products.
Ritz-Carlton confirmed as part of Simon family’s $400M CSX redevelopment
Boxcar Development, an investment group for the Simon family, will formally break ground on the project Wednesday, although site work—including demolition of the former CSX railroad building—began in mid-2024.