Sprawling industrial complex near Cottage Home attracts buyer
Teagan Development has agreed to buy the 539,000-square-foot building near Mass Ave and the Monon Trail and plans to convert some of the space into restaurant and retail uses.
Mixed-Use
Articles
Carmel City Center finale heads toward finish line
Pedcor Cos. pulled the trigger on the final phase of construction at the ambitious Carmel City Center redevelopment after city leaders OK’d public funding for a parking garage and other infrastructure.
City plans new TIF to boost west side
Indianapolis planners say the city needs another $7.1 million to prepare the former Central State Hospital campus for redevelopment, but they’re out of resources. A proposal to raise those funds via a new tax-increment financing district around the 142-acre site is moving through the Indianapolis City-County Council with bipartisan support.
Angie’s List agrees to pay if jobs promise falls short
If Angie’s List fails to live up to promises fueling a taxpayer-subsidized headquarters expansion, the company will pay an undetermined amount into an escrow account for the city’s benefit.
Cummins debuts design for 10-story downtown tower
Officials for the Columbus-based engine maker are planning a $30 million development, including 164,000 square feet of office space, a conference center, parking garage and lots of public greenspace.
Kroger plans new store on southeast side
A nearly 100,000-square-foot Kroger grocery store is set to anchor a major development in an area on the southeast side that’s been void of much commercial activity.
Three village hubs marked for investment
Great Places 2020 targets intersections that can anchor city’s next walkable villages.
Red Cross downsizes HQ ambitions, leaving extra lot
The new Red Cross building on North Meridian Street will be about half the size of what the not-for-profit originally proposed, leaving space for another development on the property.
Bloomington redeveloping 15 acres near downtown
The city is seeking proposals to transform the property into a mix of uses. Bloomington bought most of the land from Indiana University in 2011 for $9.3 million.
Investments pick up in Holy Cross neighborhood
Decades-old barriers to development are beginning to fall in Holy Cross, attracting more residential and commercial construction.
Broad Ripple project gets green light from court decision
The developers of the $30 million apartment-and-retail project on the Central Canal are prepared to move forward now that the Indiana Court of Appeals has dismissed a challenge to the development.
Justice center deal tests transparency laws
Three teams competing to partner with Indianapolis on a half-billion-dollar criminal justice complex shaped the city’s yet-to-be released specifications in closed-door meetings.
Indianapolis apartment boom, design bust?
Observers question architectural creativity, quality of materials in some new downtown apartments.
$20M project on tap for Mapleton-Fall Creek area
The planned $20 million senior housing and retail project could help breathe new life into a blighted neighborhood that’s sorely in need of investment.
Four-story addition proposed for Mass Ave. office building
Gershman Partners, which bought the Marott Center less than a year ago, wants to build the addition on an adjacent surface lot.
Prospective Salesforce tower spurs proposal, concerns
News that Salesforce.com wants a signature office tower downtown already has sparked an overture from one developer, shined a spotlight on available sites, and triggered fears about the impact on office vacancy rates.
HOHMANN: Whatever happened to the fab 16 Tech?
Strong leadership is needed for the urban Indianapolis tech park to hit its high potential.
Carmel developer pitching $150M Midtown plan
Carmel-based Old Town Development LLC expects to file plans this week for a $150 million redevelopment project on 11 acres in the suburban community’s blighted Midtown area, between Carmel City Center and the Arts & Design District near the Monon Greenway.
Good Earth exits appeal of Broad Ripple project
The $30 million development has been delayed by a request to repeal a zoning change for the property. Though Good Earth is no longer involved, a local resident is continuing his fight against the project from Browning Investments Inc.
Building spree reshaping Broad Ripple Village
A rush of new office, residential and retail projects suggest real estate developers in Broad Ripple Village remain optimistic in the midst of high-profile incidents of crime.