Indianapolis developer Keystone Group buys former Anthem HQ
The Monument Circle building has been mostly empty since Anthem, now Elevance Health, moved its headquarters to Virginia Avenue in 2018.
Development/Redevelopment
Articles
Plans advancing in one part of Fishers District, while construction starts in another
The Fishers Planned Unit Development Committee on Wednesday afternoon voted 5-0 to approve plans for two new buildings across from Fishers Event Center that will house retail businesses and restaurants.
Pure Development co-founder starts new company following dissolution order
Pure Development, one of central Indiana’s largest commercial development firms, last month was ordered to wind down operations by a judge following a months-long lawsuit between its co-founders.
More upscale apartments planned for former AT&T building downtown, developer says
AT&T’s exit from the building’s top three floors with the expiration of its lease on May 31 clears a path for Keystone Group to add more luxury apartments in the $124 million project.
Boone County Commissioners OK 190-acre project at I-65 interchange
The development’s $30 million first phase is expected to include a new headquarters for Merritt Contracting, facilities for additional companies and infrastructure to serve the area.
$40M hotel project planned for historic building on Monument Circle
The redevelopment of the art deco-style building would convert floors four through 14 into hotel rooms, with the first three floors remaining retail and office space.
Plan to refresh Home Place business district in the works
Seven years after the neighborhood lost its long annexation battle with Carmel and was absorbed into the city, the community’s business district along College Avenue is set for a refresh that residents hope will leave it feeling like home.
Developer planning business park for midsize companies in Westfield
The four buildings in the park would be designed to accommodate a total of 20 to 30 businesses that need 8,000 to 30,000 square feet of space for office and warehouse operations.
Reports: Lilly eyes Houston for new $5.9B manufacturing facility
Lilly in February announced plans to add four U.S. manufacturing sites at yet-to-be-determined sites as part of a roughly $27 billion investment.
Downtown Fever facility moving forward, sporting exterior design changes
Since the Indiana Fever Sports Performance Center was first announced in January, Pacers Sports & Entertainment has been working with architectural firm Populous to make minor updates to the design of the three-story, 108,000-square-foot facility.
Developer planning 262-unit apartment complex in Whitestown
Mills on Main would include 10 three-story apartment buildings, six one-story garages, one 3,250-square-foot amenity building and outdoor pickleball courts.
Judge orders Pure Development to wind down operations
One of central Indiana’s largest commercial development firms will be turned over to a court-appointed receiver in the coming weeks following a legal battle between the co-owners.
Butler planning 6-story building for campus police, parking garage
The project, known as the Safety and Transit Hub, is part of Butler’s ongoing Gateway Project, a multifaceted effort to further develop areas of the main campus and portions of its Christian Theological Seminary property.
Purdue supplements construction management curriculum with hands-on training
In Indianapolis, students will be working with a construction company while they attend classes. Companies will assign students a mentor and will move them on-site, once they are ready.
Developer withdraws plans for massive Hancock County data center
Surge Development withdrew its rezoning request this week after significant public opposition to the plan, much of it voiced at a public information meeting earlier this month.
For sale: IEDC land purchased for LEAP project, but never used
After buying thousands of acres in Boone County to develop a technology park, the Indiana Economic Development Corp. quietly listed two properties for sale a month ago.
Marian University seeks rezoning of former hospital complex, plans educational district
A state filing indicates as much as $154 million could be invested in the Larue D. Carter Memorial Hospital property in coming years by Marian University and other entities.
Westfield City Council approves major downtown development project
Plans call for Park and Poplar to have apartments, brownstones, office and retail space, and a parking garage.
UPDATE: CIB negotiating with designer for proposed downtown soccer stadium
The Kansas City, Missouri-based Populous Design has planned Major League Soccer stadiums such as TQL Stadium in Cincinnati; Allianz Field in St. Paul Minnesota; GEODIS Park in Nashville, Tennessee; and Children’s Mercy Park in Kansas City, Kansas.
Developer plans $100M Sheridan theme park with 6-acre lake, tubing hill, ropes course
A Carmel-based developer plans to begin construction next month on SkyLake after the 126-acre project received rezoning approval Tuesday night.