Property at busy crossroads finally attracts buyer
Environmental and zoning issues had made the property at the southwest corner of Keystone Avenue and Kessler Boulevard difficult
to sell.
Development/Redevelopment
Articles
Groundbreaking nears for $4.5M apartment project
The 62-unit project called National Apartments on the Monon is the latest phase of the Martindale on the Monon redevelopment
project, which began in 2005. The developer is Indianapolis-based Development Concepts Inc.
Apartment developer S.C. Bodner sued over accessibility
The National Fair Housing Alliance and two of its member groups allege that Bodner communities in eight states including Indiana violate accessibility requirements of the Fair Housing Act.
Reverie Estate buys another downtown Indianapolis apartment building
The prolific developer of urban apartments plans to turn the building into an affordable artists’ community.
Summit Realty pursues downtown building for HQ
The firm, now based in Chase Tower, wants to acquire and renovate the building at 241 N. Pennsylvania St.
Auction set for old Colgate factory in Clarksville
The owner of a closed Colgate-Palmolive Co. toothpaste factory along the Ohio River plans to sell it at auction this fall.
Lawsuit claims builder broke handicapped rights
The suit against SC Bodner Co. says 16 Bodner properties in eight states violate the Fair Housing Act.
Browning pulls out of Evansville hotel redevelopment
Indianapolis-based Browning Investments plans to turn the former Executive Inn back over to the city after being unable to
arrange financing for the project.
Shuttered school finding new life as community center
Two years after Indianapolis Public Schools closed School 37, a multimillion-dollar redevelopment project is set to breath
new life into a building that served the Martindale-Brightwood community for 81 years.
Developer making final push for embattled Uptown project
Developer Leif Hinterberger has spent five years and most of his savings trying to build a $19M mixed-use
project at 49th Street and College Avenue. The project could be in trouble if he doesn’t get city
support.
Charter school moving to former Children’s Guardian Home
City leaders will officially announce Wednesday morning that Irvington Preparatory School will occupy the children's home,
which closed in June of last year. The school has signed a 15-year lease with the city.
Children’s Museum plans neighborhoods’ revitalization
The Children’s Museum of Indianapolis is about to expand its role in urban redevelopment. It has already invested more than
$1 million in the half-dozen blocks around its campus on North Meridian Street, and now plans to help create a comprehensive
plan for an area that encompasses six nearby neighborhoods.
Lugar, Meadows projects get tax credits
Two high-profile apartment projects that were denied tax-credit funding in March recently were awarded the millions of dollars in credits they need to proceed.
Purdue board OKs building 3rd luxury dorm tower
The board on Friday approved a $20.6 million construction contact for the First Street Towers project.
City receives $4.9 million for homeless initiatives
Federal funds will help provide 69 additional beds in three Indianapolis locations, including a large apartment
complex on the east side.
Baseball complex could bring area near coke plant back to life
A plan to build a 28-acre sports complex on the southeast side is sparking hopes that a polluted parcel across the street
that formerly housed a Citizens coke plant can be revived as a retail and industrial center.
CSO Architects plans new headquarters in former Bally’s gym
The 24,000-square-foot former fitness facility at 8831 Keystone Crossing is vacant and falling into disrepair.
Westfield’s proposed Symphony development under review
The Westfield planning commission has asked city employees to further review the 1,400-acre mixed-use project that could include
thousands of homes, shops, a YMCA and a baseball stadium.
Fort Ben home, condos fail to sell at auction
Auction turns up no buyers for the former home of the commanding general at Fort Benjamin Harrison and four condominiums at
the old Army base.
Buckingham thinks big with plans for downtown development
Will the latest ambitious downtown development proposal finally master the formula for transforming a downtown surface parking
lot?