Zionsville’s Creekside Corporate Park remains largely empty
Town leaders say development is coming, but has been slow because they’re picky about tenants.
Development/Redevelopment
Articles
Fishers City Council waives fees for $24M senior living project
The facility would be built on about six acres of undeveloped land off East 126th Street, east of Hoosier Road.
Partners in Tru by Hilton hotel project file suit, allege unpaid development fees
The lawsuit says the men reached an oral agreement in late May 2017 to split the anticipated $1 million development fee evenly, four ways.
Bottleworks adds two more tenants to Garage Food Hall lineup
Vendors who sell seafood and distilled spirits have signed leases in the food hall portion of the $300 million Bottleworks development at 850 Massachusetts Avenue.
Scannell planning to build $14.5M distribution facility for PepsiCo
The 200,000-square-foot southeast-side project would be constructed for PepsiCo subsidiary P-America LLC, which has multiple facilities around Indianapolis.
Another Carmel restaurant closes, citing U.S. 31 project for hurting business
At least four restaurants in the area have blamed their closings on the U.S. 31 project. Carmel says other nearby restaurants are doing just fine.
Target no longer eyeing Circle Centre for downtown store, sources say
With Target out of the picture, the ground floor of the former Carson’s space in Circle Centre will be marketed to multiple retail, restaurant and entertainment tenants, sources said.
Anderson buys historic theater after failed renovations
Mayor Thomas Broderick Jr. said the price was reasonable and the theater could be tied into redevelopment efforts in the city.
Developers resume plans for $50M, dual-branded hotel on South Meridian Street
Merrillville-based White Lodging and Indianapolis-based REI plan to construct a seven-story, 206-room hotel after putting it on hold earlier this year over concerns about the Pan Am Plaza development.
City, Kite agree to build only one hotel at a time at Pan Am Plaza
Ongoing disagreement between the city of Indianapolis and a group of downtown hotel owners has prompted city leaders to officially postpone construction of one of the two convention hotels planned for Pan Am Plaza.
Kite Harris plans $25 million mixed-use project near future Little League headquarters
The town has agreed to sell the 15 acres to Kite Harris Property Group for $1 in an economic development agreement approved by the Whitestown Redevelopment Commission on Wednesday night.
Boomerang proposes $157M mixed-use development on 240 acres in Noblesville
The massive project, which includes industrial, residential and commercial uses, would take place on largely undeveloped land near the State Road 32/38 split.
Developers embrace challenging rehab projects but foresee fewer opportunities ahead
A number of major projects are underway now, but developers say activity might slow when those projects wrap up.
Roundtripper, Peterson land tax abatements for Westfield projects
Roundtripper Baseball Academy is expanding its baseball facilities in Westfield and The Peterson Co. plans to build an office and warehouse facility for a Fishers company that plans to relocate.
Developers team up on $12.5M apartment project on near-north side
A north-side community group and a locally based development company are partnering on the two-building project slated for the southeast corner of Illinois and 22nd streets.
East-side not-for-profit plans $9 million, 51-apartment mixed-use project
To be known as St. Lucas Lofts, the project proposed by Englewood Community Development Corp. would include at least 10 units designated for individuals who are recovering from homelessness.
Developer plans $17.5M apartment project on southern edge of downtown
Indianapolis-based BWI LLC is requesting a city property tax break for the 97-unit development that would save it $1 million over 10 years.
Industrial park planned for 167-acre Whiteland site by I-65
A Kansas City, Missouri-based developer intends to provide a wide variety of spaces for logistics, advanced manufacturing and e-commerce users, with five buildings ranging from 168,480 square feet to 1.2 million square feet.
Company that proposed Carmel event center accused of fraud in federal suit
A small group of retirees paid a combined $6.2 million last year for stakes in a proposed event center in Carmel that never was built. The investors claim they were duped in a vast fraud involving financial advisers, a property broker and a bankrupt company called Noah Corp.
Developer plans to raze homes in Fishers for $29M apartment project
The Fishers City Council on Monday night approved a development agreement between the city and Indianapolis-based Scannell Properties, which has 14 residential parcels under contract south of the Nickel Plate District.