IndyGo purchasing Haughville properties for paratransit operations
IndyGo has purchased one parcel and is working to purchase an adjacent one for its Open Door paratransit service, which is now housed on the city’s northeast side.
Development/Redevelopment
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Multifamily redevelopment planned for Gray Eagle driving range
The Fishers City Council heard plans Tuesday for a 21-acre residential development and financing plan that would help prevent the closure of the golf course.
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Pacers, city rethink massive change to fieldhouse exterior as part of renovations
Plans for a grand, glass-wrapped entry pavilion as part of the $360 million renovation to Bankers Life Fieldhouse have been tabled, in favor of minimal updates that largely keep the existing facade intact.
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Black residents near Indiana Avenue want projects in tune with neighborhood
A $70 million mixed-use proposal—later withdrawn—by Buckingham Cos. for property at 719 Indiana Ave. owned by the Walker Center met significant opposition.
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Pandemic prompts developer to reassess what to build next at Bottleworks District
Hendricks Commercial Properties has begun preliminary discussions on phase two, but hasn’t decided whether to stick with its original plan that emphasized office space.
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Articles
Speedway lands Aldi store for Founders Square development
Fishers-based Rebar Development on Wednesday said Aldi will occupy 20,400 square feet of newly built space in the project under construction near Interstate 465 at the northwest corner of Crawfordsville and High School roads.
Noblesville council pledges $10 million TIF bond to East Bank apartment complex
Toledo-based Republic Development Corp. and Carmel-based J.C. Hart Co. plan to build a 219-unit apartment complex, a 295-space parking garage and 5,295 square feet of first-floor retail in Noblesville’s downtown, on the east bank of the White River.
Developer proposes 75-acre business park along State Road 37 in Noblesville
Westfield-based Patch Development is planning to turn 75 acres of farmland along State Road 37, north of 146th Street, into a new business park. City officials will consider a $6.7 million bond to support the project, in the hopes that it brings more than 500 jobs to the city.
Food manufacturer plans $100M plant, 115 jobs in Indianapolis
It’s unclear what the announcement means for Greenleaf’s previously announced plans to build a $310 million plant in Shelbyville.
INCog BioPharma Services selects site, expands plans for Fishers manufacturing facility
INCog BioPharma Services has purchased 16 acres of undeveloped land in Fishers for its planned new biopharmaceutical manufacturing facility. The $60 million project has grown in size.
Work under way on at least three major downtown construction projects
The Tribute and Aloft hotels—both of which were announced before the pandemic began—are among the few downtown lodging projects that are continuing to make progress.
Carmel council clears way for hotel, apartments at Clay Terrace
Already, the project is having an impact on existing businesses, including Village Home Furniture and Clocks, whose owner said it plans to close the store this month, rather than move.
Kroger to build $20 million store in Brownsburg
Kroger, which anchors one end of the Brownsburg Square shopping center, will tear down the former Kmart at the other end of the plaza and build a new grocery store there. Plans call for several small retailers to backfill the existing Kroger store once the grocer moves to the new spot.
Cummins to pay $4.5M for Greenwood site in revision to firm’s deal with city
Cummins announced last year that it planned to build a $35 million office building at the corner of Interstate 65 and County Line Road, but the pandemic has the engine maker rethinking how to best use that site.
Fort Harrison’s last historic building up for grabs
The building, which formerly served as the post exchange for soldiers stationed at Fort Benjamin Harrison, was offered for sale by the Fort Harrison Reuse Authority this week. Also this week: Tru by Hilton, Culver’s and more.
Near-north side area chosen for Lift Indy redevelopment program
The area will receive about $3.5 million in funding over the next three years from the U.S. Department of Housing and Urban Development Home Investment Partnership Program and the Community Development Block Grant program.
Westfield reworks Grand Junction Plaza design to avoid $13 million budget overrun
Bids for the Grand Junction Plaza, a six-acre park meant to spur economic development in Westfield’s downtown, came in higher than the city expected.
Environmental work almost completed on former stamping plant property
Officials said remediation efforts are in their final stages, with final certification expected in the next few weeks. Elanco Animal Health Inc. plans to build a $100 million headquarters on the site.
Elanco HQ expected to anchor new development, park expansion on former GM site
Beyond the public company’s $100 million headquarters campus, city and state leaders expect 26 acres to be used for an expansion of White River State Park and new projects potentially with residential, retail and office uses.
Ambrose sells GM stamping plant property, withdraws suit against city
According to Ambrose, the sale resolves the year-long legal dispute between the developer and the city of Indianapolis that started after the company withdrew from the $1.4 billion Waterside development agreement involving the 103-acre property west of downtown.
Indy Chamber announces leadership change at Develop Indy
Indy Chamber executive Ian Nicolini has moved into the organization’s long-vacant role of chief operating officer, and Portia Bailey-Bernard has taken over Nicolini’s former position as the chamber’s economic development leader.
Upgrades planned at Mass Ave’s Davlan Park
The project, set for completion by next summer, will include additional outdoor seating for both Bru Burger and Starbucks. Also this week: 3 Days in Paris, The Tamale Place, Champp’s, Greeks Pizzeria
Owners of downtown towers plan $55M renovation, request $10M tax break
The Gold Building’s exterior overhaul is expected to completely replace the iconic gold panels with “crystal gray” panels from the third floor through the 20th.
Housing to target foster kids aging out of system
Community officials are hopeful a new east-side housing project focused on young adults aging out of foster care will go a long way in furthering the area’s efforts to reduce homelessness.