The terminated economic development agreement called for a $280 million mixed-use redevelopment of the former 31-acre General Electric campus with new commercial and retail space. The site once employed more than 10,000 GE workers.
Plan for major apartment project next to Walker Theatre moves ahead
The proposed complex next to the Madam Walker Legacy Center would include about 344 apartment units ranging from studios to three bedrooms, with most of those likely used by IUPUI students.Read More
Vonnegut Museum shifts gears on Bluebeard-managed cafe plans
Fletcher Place restaurant Bluebeard, which was the museum’s original choice of cafe operator, says it can’t tackle the project right now because of uncertainty around the pandemic.Read More
Pavilion at Pan Am owners eye new venue to replace soon-to-be-razed building
The operators of the Pavilion at Pan Am Plaza event center are considering building a $15 million venue in downtown Indianapolis to replace the one Kite Realty Group plans to turn into rubble as part of its massive redevelopment of the plaza.Read More
Ambrose plans $75M redevelopment of former Navistar plant property
Ambrose acquired the 90-acre property at 5655 S. Brookville Road in mid-July for $8.2 million—more than five years after Illinois-based Navistar International Corp. shuttered its foundry operations there.Read More
At least one person was ordered to leave the Carmel City Council meeting Monday for interrupting the council’s review of plans for 15 townhouses on the city’s north side.
A third of planned downtown hotel rooms announced before the pandemic are now on hold.
The $300 million hotel will be the most expensive and elaborate new lodging project built in the city since the $450 million JW Marriott complex was completed in 2011. And it will compete directly with the JW.
The innovation hub, expected to open early next year, is part of a $500 million, 50-acre campus along Indiana Avenue. The hub’s new name is a nod to the site’s history as the former Citizens Water headquarters.
The $32 million plan includes 160 apartments, more than 400 parking spaces, and 30,000 square feet of commercial space for retail or office uses.
The center will move operations from a building it has operated in for several years at 1331 E. Washington St.
A proposal to issue economic development tax increment revenue bonds for Kite is slated to be voted on by the City-County Council’s Metropolitan and Economic Development Committee on Monday.
Indianapolis Mayor Joe Hogsett said the city is continuing to work with Indianapolis-based Kite Realty Group Trust—which is developing the project—to finalize a reworked timeline.
The controversial changes to the National Environmental Policy Act are expected to make it easier to build highways, pipelines, chemical plants and other projects.
Roughly 22 acres on the northern half of the 104-acre site would be reserved for a multifamily project by Sheehan Development Co. Inc. that would include 320 apartments.
The transit agency is now considering a site on Post Road that is much larger than the former Harrison College site downtown and potentially much less expensive.
Cornerstone Cos. Inc.’s latest local project is a three-story, 40,000-square-foot medical office building along North Meridian Street for four tenants.
A largely agricultural area near the formerly contested border of Zionsville and Whitestown could soon be the site of two 550,000-square-foot warehouses.
Over the past decade, developers have proposed nearly a dozen new subdivisions within a couple of miles of the 146th Street and Towne Road intersection.
Henke Development Group plans to sell Arbor Homes a part of its over 800-acre Chatham Hills development in Westfield so that it may be developed as a separate neighborhood called Monon Corner.
The project, called Spring Mill Centre, aims to bring retail, industrial and office space—and possibly an assisted-living center for seniors—to the site.
The Carmel City Council approved bonds for four development projects and covered a property-tax shortfall at its Monday meeting.