Former GM site provides bounty of opportunity for developer
Ambrose Property Group is proposing a massive $550 million mixed-use project that would transform downtown’s western edge from afterthought to urban gem.
Development/Redevelopment
Articles
Officials taking next step in formulating White River development plan
The City of Indianapolis and Hamilton County Tourism are asking interested development teams to submit their credentials for the project.
Merrillville’s Star Plaza Theatre once again awaiting wrecking ball
White Lodging announced last August that it would tear down the Star Plaza Theatre in Merrillville, only to temporarily drop those plans in November following a public outcry.
City set to solicit new ideas from developers for Old City Hall property
The city of Indianapolis is going back to the drawing board in its quest to redevelop Old City Hall after a proposal to turn the historic downtown property into a 21c hotel fell apart.
Hancock County leaders sketch out, crunch scenarios on key corridor
A six-month-long study of development scenarios along a 10-mile stretch of Mount Comfort Road is feeding local leaders with data on potential projects and helping guide land-use decisions.
City to consider $15.2M in bonds for downtown projects
The bonds would help finance development of a hotel complex on the site of Indianapolis’ oldest African-American church, as well as a five-story apartment and retail project near the base of Massachusetts Avenue.
Indy Fuel owners, developer propose $40M sports, entertainment complex
The owners of the Indy Fuel professional hockey team and Indianapolis-based developer Gershman Partners announced plans Monday to team up on a $40 million-plus sports, family entertainment and hospitality complex on 60 acres along Interstate 65 in Greenwood.
Fishers church’s development plan scores early approvals
I-Town Church has moved a step forward in its controversial plan to build a house of worship at the busy intersection of 126th Street and Brooks School Road in Fishers.
Monsanto planning $29M seed facility in Greenwood
The company said it plans to lease a new 140,000-square-foot building in Southtech Business Park where it will process, package and distribute corn, soybean and cotton seed for field testing.
Knowledge Services plans $17M Fishers HQ, 400 additional jobs
The company, now headquartered in Castleton, plans to build an 80,000-square-foot office building on USA Parkway, to the north of 106th Street, along the busy Interstate 69 corridor, it announced Tuesday afternoon.
New use hoped for polluted area parts plant
The site in Noblesville has gone unused since Bridgestone Firestone closed its 300-worker air-spring manufacturing plant in 2009.
Running shoe retailer considers relocating distribution center to Whitestown
Seattle-based running gear retailer Brooks Sports Inc. is considering opening a major distribution warehouse in Whitestown that could generate more than 100 new jobs.
Developer plans $30M residential development in heart of Fishers
A planned residential real estate development project in the heart of Fishers has been expanded from eight to 60 single-family homes.
UPDATE: Fishers plans to develop 70-acre park on Geist Reservoir
City officials are determined to acquire the land to bring public recreation to the area largely populated by private, upscale homes. They’re willing to use eminent domain if necessary.
New owners of Gold Building weighing restaurant or office addition
The project could take shape on property directly adjacent to the City Market, in addition to $8 million in renovations planned to spiff up the Gold Building and a neighboring office complex.
Prime north-side parcel on Keystone finally sells, despite access issues
The 12.5-acre tract has been acquired by a member of the car-dealing Wood family, but its intended use remains a mystery.
Indy airport selling 145 acres in Plainfield to real estate developers
In two acquisitions totaling nearly $9 million, one firm plans to expand an existing business park while the other has a big logistics facility in mind.
Neighbors try to save 86th Street woodlands from development
A developer wants to build a $20 million office and retail building at the northwest corner of East 86th Street and North Keystone Avenue.
Experts: Endangered downtown Marsh locations attractive to competitors
If Marsh’s two downtown stores close, as the struggling grocer has warned could happen within two months, the locations likely would attract interest from rival supermarket operators.
Westfield council votes against Wood Wind housing plan
Plans for the 856-home project, initially pegged at 780 acres, were introduced in August. Even after developer Pulte Homes made major revisions, the Westfield City Council on Monday scuttled the plans.