The labor pinch has affected several developments across Indianapolis, with some builders shuffling projects to accommodate subcontractor availability, a few halting the start of work altogether and others forging ahead after securing additional capital to pay higher prices.
TWG Development’s “Alabama Redevelopment” plan includes a new 21c Museum Hotel through the renovation of Old City Hall and the construction of an adjacent 29-story tower.
In addition to Marriott’s Moxy, the owners of downtown’s fourth-largest office complex also have secured a deal for a Bar Louie restaurant on the ground floor.
The developer behind plans to overhaul the 36-acre Devington Plaza shopping center on the east side of Indianapolis is going back to the drawing board.
The project is expected to encompass about 7.5 acres on the river’s western bank and will include new green spaces, an amphitheater and a promenade overlooking the White River.
The Blue Line, IndyGo’s third rapid-transit bus line, will run 24 miles east and west along Washington Street, connecting the Indianapolis International Airport on the city’s west side to Cumberland on the east side.
Carmel-based JDF Development has proposed an $8 million project including a Wawa Fuel Center and a second commercial building on 3.87 acres.
The neighborhood proposal comes as the group pushes New York-based Skysoar Capital Partners to reconsider its plan for the nearly abandoned site.
The developer behind the planned overhaul of Circle Centre Mall could start construction work on the $600 million project by the end of this year.
Increasing vacancy rates fueled by both the pandemic and changing attitudes about what company executives and workers want in their office space have led Carmel leaders to look at how to give the corridor a second act.
IMAGE GALLERY: The 200-acre Lilly Medicine Foundry is expected to add 400 full-time jobs for highly skilled workers, including engineers, scientists, operations personnel and lab technicians.
All in, the cost of the redevelopment of Pan Am Plaza is expected to be about $780 million, with the convention center expansion cost covered through bonds backed by the city’s consolidated tax-increment financing district.
The Westfield City Council voted 4-3 to approve an expansion of the Kimblewick residential community that will be built on 87 acres on the city’s southwest side.
The Morgan County Plan Commission on Monday decided to give a favorable recommendation for a rezoning request that would pave the way for a data center on a 391-acre site in the northern part of the county.
Specific details for the loan, which could be forgiven if the Simon family’s development affiliate meets certain terms, are expected to be finalized in coming months.
Plans call for the proposed $1.2 billion development east of Grand Park Sports Campus to include a full-dome planetarium, hotel, retail, offices and multifamily housing.
In a conversation with IBJ, the CEO of General Hotels Corp. explains how his work has shaped his perspective on downtown and offers his thoughts on the controversial city plan to build and operate a hotel.
Construction on the $30 million, two-building project in Fishers District is expected to begin this summer.
Historians have extended an expired certificate of appropriateness for the long-delayed redevelopment of the historic office building just south of Monument Circle.
Regardless of who ultimately develops the 1-acre eastern half of the city-owned Jail I site at 40 S. Alabama St., city officials view it as “incredibly important” that the project support further development on the east side of downtown.
