City Center to see blitz of projects this summer
After years with little construction activity at City Center in Carmel, four projects are expected to break ground this year that will bring more parking, housing and retail to the city’s core.
Proposals
Articles
IPS board chief recuses herself from Mass Ave land sale
To avoid appearances of a conflict of interest, Mary Ann Sullivan has removed herself from the bid process because of her husband’s ties to the two Milhaus bids.
$1B Methodist revamp might spawn housing rush
Indiana University Health hopes its $1 billion plan to expand Methodist Hospital will spawn nearby development, creating an area where employees can live adjacent to where they work.
$77M Fishers sports complex appears stalled
Its developer boasted last summer that the Fishers Sports Pavilion already was booking events for 2016. But the site sits vacant.
Housing tax credits AWOL for Hamilton County projects
For the fifth consecutive year, Hamilton County has been shut out of federal tax credits for affordable housing projects, while nearby counties have had success in the competitive program.
Experience thin on team pitching plan for airport
The leadership team at Athlete’s Business Network, a startup that wants to develop a massive sports-medical complex near the Indianapolis International Airport, doesn’t have much experience in such projects.
Well-funded real estate newcomer turning heads
Out-of-state developer Hendricks Commercial Properties hopes to make a bold statement in Indianapolis with its $260 million pitch for a mixed-use project on a highly coveted piece of downtown land.
Hamilton County misses housing credits, jeopardizing 2 projects
The Indiana Housing and Community Development Authority picked 18 recipients to get $14.3 million in highly competitive low-income housing tax credits. Two Indianapolis-area projects were awarded funding out of 54 applications.
Airport delays vote on $500 million medical complex proposal
A vote on a proposal to build a $500 million medical complex at Indianapolis International Airport has been delayed so the board can take another look at the plan. The delay was announced after an IBJ story raised questions about the track record of the executive behind the plan.
Muncie seeking developer for $48M riverfront project
The city of Muncie has released details of what it wants developers to build as part of a $48 million plan to develop its riverfront.
Fishers council OKs plans for Topgolf, Ikea developments
The Fishers City Council on Tuesday unanimously approved plans that pave the way for multimillion-dollar developments in the city by Topgolf International Inc. and Ikea.
Financing unclear for Westfield’s $25M Grand Junction park
Westfield officials have finally chosen a design—a series of modern, glass-and-stone structures with walking paths and bridges—for Grand Junction Plaza, a project that’s already more than seven years in the planning.
$50M project in Speedway to include hotel, apartments
Two local developers are teaming to build a $50 million mixed-use project adjacent to the Indianapolis Motor Speedway that would anchor the town’s revitalized Main Street.
Zionsville panel OKs rezoning plan for new town hall
The Zionsville Plan Commission approved a rezoning request Monday night that paves the way for a new municipal building and commercial development on the 6.85-acre site that is occupied by the current town hall.
City-County Council gives go-ahead to 16 Tech bonds
The City-County Council voted unanimously Monday night to approve $75 million in bonds for infrastructure improvements that should allow development of the 16 Tech innovation district to move forward.
Westfield selects Jonathan Byrd’s to operate Grand Park hotel
According to plans, the 180-room hotel will be on 5.26 acres of city-owned property immediately to the west of the future indoor soccer facility on 191st Street.
$60M mixed-use project planned for Rangeline
The ex-Party Time Rental warehouse has been an eyesore for years, but Carmel officials finally seem ready to OK a plan to transform the 6.5-acre site.
Rising occupancies spur downtown-hotel building boom
Hotel developers emboldened by downtown’s escalating occupancy rate are poised to bring about 800 more rooms to the market.
IPS property sale rekindles talk of downtown Target
Indianapolis Public Schools' plan to sell the 11-acre former Coca-Cola bottling plant site at Massachusetts and College avenues has revived talk that Target would finally open a downtown store.
Another town votes against joining Mounds Lake commission
The Yorktown Town Council voted 6-1 Monday against joining the commission for the propised $450 million Mounds Lake reservoir, a week after a similar rejection by the Daleville Town Council.