After scouting locations in Noblesville and Westfield, two Westfield-based companies selected a site just to the south of State Road 32 for a family entertainment complex and multi-family housing project.
Indianapolis Public Schools has put the 11-acre site on the market. It was built in 1931 as a Coca-Cola bottling plant but the school system has used it since 1975 as a bus maintenance facility.
The development would be built on land at East 22nd and Delaware streets owned by King Park Development Corp. and would feature 47 market-rate units and 9,000 square feet of retail.
Sidelined real estate developer Christopher P. White is hoping to make a triumphant return with an $11 billion—yes, $11 billion—proposal for the GM stamping plant site and areas surrounding it.
Developer Steve Pittman spent two years securing a specialty grocery as an anchor tenant after presenting the $90 million mixed-use project dubbed “The Farm” to Zionsville officials.
The Noblesville City Council approved a rezoning request for the Toyota dealership aspect of the project Tuesday, but development deals for a new road, housing, a transit station and drainage improvements were dropped.
Town officials hope plans for a roughly five-story, $70 million mixed-use project will spur additional development and help transform the nondescript downtown into a cluster of retail and residential character.
The two blocks on the western edge of Carmel’s Arts & Design District are residential, at least for now, but that’s expected to change as the population grows by 1,500 every year and the city continues its quest to create a walkable community.
King Park Development Corp. is pursuing another developer to rehab the building on East 16th Street after a Noblesville firm pulled out of a deal to convert part of it into a hub for food-and-beverage startups.
Flaherty & Collins Properties already is selling a stake in its brand new downtown Axis at Block 400 apartment development to cover expensive cost overruns on the project.
Indianapolis will be the first market where 21c Museum Hotels LLC competes with established art-centric hotels. Yet the company is so bullish about its future here that it expects to outperform its peers by more than 50 percent.
A plan to save the 1927 structure is beginning to take shape as part of a larger effort to transform the three-block stretch of East 10th surrounding the Rivoli into a magnet for arts-based organizations.
Construction on the 125-room hotel, part of PK Partners’ $80 million mixed-use development, should start later this year with an opening in 2016.
Jefferson Shreve has purchased a highly visible site near Interstate 465 and U.S. 31 and is tearing down the hotel that’s been there for decades to make way for a mixed-use development.
Three vacant structures at an intersection just north of East 16th Street have been purchased by two developers planning a mix of office and retail for the struggling area.
Young team making a splash parlayed a painting job into projects extending to redeveloping the train station in Fishers.
Franciscan St. Francis Health has finally found a buyer for its former hospital campus in Beech Grove. Trouble is, it’s found two.
Parking on the east side of downtown is becoming harder to find—enough to prompt some rates to rise—thanks to a trio of real estate developments replacing surface parking lots.
Executives of Flaherty & Collins Properties will join city officials Wednesday to turn dirt on the site, kicking off construction of the $121 million, 28-story apartment project anchored by a Whole Foods store.
A West Lafayette firm plans to construct an 11-story downtown apartment and retail project that would add to the growing number of housing developments targeting IUPUI students.
