Reopening of former Lafayette Square Mall postponed
The shopping center at 3919 Lafayette Road, now known as Window to the World, was expected to reopen on Nov. 21, ahead of Thanksgiving weekend shopping.
Development/Redevelopment
-
Milhaus plans $5M renovation to turn former Harrison College building into new HQ
The Indianapolis-based apartment developer plans to vacate its current headquarters in the Fletcher Place neighborhood for a newly designed space that can house twice as many employees.
Read More -
Council committee OKs $15.5 in TIF bonds for Cole Motor Redevelopment
The Cole Motor Redevelopment, which includes the former Jail II building and Arrestee Processing Center, is one step closer to receiving tax-increment financing.
Read More -
Developer plans 94 homes on East 196th Street near Morse Reservoir
The Retreat at Morse development is expected to include attached single-family villas that would be built by Beazer Homes and cost an average of $400,000.
Read More -
Three transit-oriented projects in line for city financing incentives
The Indianapolis City-County Council and Metropolitan and Economic Development Committee are considering tax-increment financing for three apartment developments that prioritize access to transit.
Read More
Articles
Bar planned in Bates-Hendricks to focus on wine-based daiquiris
The future Daiquiri Factory occupies 3,000 square feet in a building that includes hair salon Bang (A Salon).
Ground broken on $50M McCordsville district
The overall, $50 million master development is receiving $8.5 million in public funding, including $3.5 million from the Indiana Regional Economic Acceleration and Development Initiative, or READI.
Developers planning four-story office project on Mass Ave
The development team hopes to land a single office tenant to occupy most of the building, although the first floor could also consist of retail or other commercial uses.
City seeking bids for parking lot north of Old City Hall
City officials see the 0.65-acre parcel at 222 N. Alabama St. as a connector between the Mass Ave cultural district and the Market East area, potentially with a hotel or apartment project.
Keystone planning $70M, 248-unit apartment complex in Fort Ben area
The Fort Harrison Reuse Authority has offered a 3.8-acre parcel of land to developer Keystone Group for $10 as an incentive to go ahead with the project.
City seeks ideas for revamping Twin Aire Shopping Plaza, former drive-in theater
The city’s “request for information” is likely to garner suggestions from developers for mixed-use developments, apartments, community spaces and facilities for not-for-profits.
Fishers proposes food and beverage tax to fund $170M arena for Indy Fuel
In addition to introducing plans for the new tax hike, the Fishers City Council on Monday unanimously approved plans for Andretti Autosport’s $200 million headquarters and an updated headquarters-expansion proposal by Italy-based Stevanato Group.
Carmel announces plans for $100M first phase of redevelopment at Monon Square
The Monon Square North project at East 126th Street and South Rangeline Road is expected to include housing, office space and retail space, restaurants and parking.
Pedcor planning $700M mixed-use development at 111th and Pennsylvania in Carmel
The 38-acre development would include multifamily housing, attached townhouses, 430,000 square feet of retail and office space, public outdoor space and public parking garages.
Florida-based developer proposes build-to-rent community in Carmel
The 32-acre build-to-rent project would be on the north side of the 400-acre Legacy mixed-use development, which is along the south side of East 146th Street and west of River Road.
New 8,500-seat arena for Indy Fuel part of $650M Fishers District expansion plan
Fishers officials on Wednesday announced a $650 million expansion plan for Fishers District that includes the arena, a new event center, residential and lodging developments, and entertainment and dining options.
Proposed Monon 30 projects receive TIF approval, $15M in incentives
The Monon 32 and the Domino, two projects in the 14.5-acre Monon 30 project, have received approval for their own respective tax increment financing districts and millions of dollars in bonds.
City incentives still in the works for Jail II redevelopment
The developer behind the proposed revamp of the former Jail II and Arrestee Processing Center facilities on the eastern edge of downtown Indianapolis said he expects city incentives for the project to be secured by the end of this year.
Indianapolis developer exits Birge & Held to start his own firm
Jarod Brown departs Birge & Held on good terms, with his firm’s first projects being a partnership with his former company consisting of $250 million in developments across Indiana, Georgia, Texas, Iowa and Florida.
City breaks ground on $6.8M Old Southside infrastructure project
The South Meridian Street corridor will receive a multi-use path, upgraded traffic signals for cyclists and cars, improvements to stormwater infrastructure and raised crosswalks.
Illinois-based Beef-A-Roo planning to open restaurant in Lebanon
The 55-year-old business plans to grow in the next three to five years from an eight-restaurant regional chain in Illinois to about 50 restaurants in the Midwest and Southeast.
Artist invests in fellow artists and near-east side
The idea came to Lobyn Hamilton after he moved into a former grocery store in the neighborhood where he spent the earliest years of his life.
TWG beefs up plans for apartment project at 18th and Meridian
The local developer is planning several modifications to the complex, including the addition of two floors, more than 50 apartments and a new parking garage.
Westfield council delays vote on controversial NorthPoint II business park
Holladay Properties says a “global company” is interested in occupying the whole 180-acre park proposed in rural Westfield and wants to move quickly.