Developers planning $50M-plus, 279-unit apartment complex for 16 Tech
Expected to be a key component of 16 Tech’s live-work vision, the apartment project will include a mix of studios and one- and two-bedroom units.
Real Estate
-
Henke Development plans expansive clubhouse for Zionsville’s Holliday Farms community
Westfield-based Henke Development Group had its development plan for a nearly 79,000-square-foot clubhouse featuring a slew of golf- and non-golf-related amenities approved this week by the Zionsville Plan Commission.
Read More -
COhatch set to open four more area coworking sites in early 2022
The company, which entered the market in 2020 by opening coworking centers in Broad Ripple and Noblesville, announced formal plans Wednesday to open additional Indianapolis-area centers—in Martindale-Brightwood, Carmel, downtown Indianapolis and Zionsville.
Read More -
Noblesville planning 200-acre innovation district on city’s southeast side
Innovation Mile, as it would be called, aims to bring medical technology, life science innovation, wholesale trade, professional and technical services companies to Noblesville by offering shovel-ready sites and shared amenities.
Read More -
Carmel council tables GOAT’s petition to reopen for additional city staff review
The owners of The Greatest of All Taverns, known as The GOAT, are trying to rezone their property in Carmel’s Midtown to allow the bar and restaurant to reopen. Now, city staff members are trying to determine a potential suitable zoning designation.
Read More
Articles
City explores future of its downtown buildings
Officials are taking a fresh, hard look at municipal-owned real estate as part of a larger effort to repurpose several sites that will be largely vacated as agencies move to the Community Justice Campus.
RE/MAX claims franchisee steered brokers to competitor
Denver-based RE/MAX LLC and RE/MAX Integrated Regions LLC filed a complaint in federal court last month against James “Jimmy” Dulin and The Hamilton Group Inc., which does business as RE/MAX Ability Plus.
More than 300 single-family, townhouse and duplex homes proposed in Noblesville
Indianapolis-based Onyx+East, Arbor Homes and St. John-based Olthof Homes presented plans to the Noblesville City Council on Tuesday for a slew of new residential projects featuring 129 single-family, 123 townhouses and 62 two-family homes.
Prodigy Burger Bar, breakfast concept to take former Scotty’s space on 96th Street
The restaurants are set to open in early 2022, following a $1 million renovation of the property by restaurant group O’Reilly Holdings LLC, which owns both concepts.
City board awards $38 million contract for justice campus parking garages
A team of three contractors will build a 1,000-space garage slated to serve an office building in development by Browning Investments, as well as a 300-space garage to serve court staff.
Indiana Supreme Court establishes Eviction Task Force
A nine-member task force created by the Indiana Supreme Court will help landlords and tenants resolve their disputes and access federal rental assistance resources.
Meridian Hills apartment complex sells for $26.5M after 55 years with same family
The new owner plans to make a significant investment in improvements that likely will drive up rents that have languished of late.
Former Meridian Hills Country Club chef takes leap with Bargersville bistro
Slated to open this fall, Our Table American Bistro will have an aesthetic that co-owners Joe and Ginger Miller call “Napa Valley meets Bargersville farmhouse.”
Basic updates for repurposing of City-County Building would cost more than $35M
City officials on Monday released a long-anticipated request for developers to submit ideas for reuse of the 28-story Indianapolis City-County Building, along with studies that show it would take more than $35 million in basic upgrades to repurpose the structure.
Indy Chamber eco-devo guru expects West 16th Street corridor to gain momentum
Portia Bailey-Bernard of the Indy Chamber says projects like the $60 million redevelopment of the Stutz business campus and the expansion of IU Health’s downtown campus will help reshape the northern portion of downtown.
New brewery set to anchor east-side art studio property
The brewery space will feature a 1,200-square-foot taproom with seating for up to 50 people and a 3.5-barrel brewing system.
New restaurant in works at former Scotty’s site in Southport
The owner of several local Indian and Pakistani restaurants plans to open Royal Indian Restaurant and Banquet Hall at the site.
Affordable housing group eyeing expansion
A recent change in leadership at Carmel-based Merchants Affordable Housing Corp. has turned the not-for-profit’s attention to creating more units, both near and far from home.
Golf venue swings into area across White River from downtown
Back 9 will feature a three-story building with 75 golf bays, a 350-person music pavilion, and a handful of bars and restaurant spaces, as well as meeting areas and a game area.
White House rolls out plan to improve housing affordability
Millions of Americans are getting priced out of ownership or stuck spending the bulk of their income on rent. The S&P CoreLogic Case-Shiller 20-city home price index climbed a record 19.1% in June from a year ago.
Prominent Keystone Crossing office buildings sell for $34.2M
The acquisition by Felton Properties, which equals about $164 per square foot, marks the Oregon-based firm’s first venture into the Indianapolis market.
Indy area’s second X-Golf center opening this fall
The Carmel-based franchisee for the line of sprawling indoor golf and entertainment centers says he’s already looking ahead to additional stores, maybe one in downtown Indianapolis.
New Stutz factory owners planning $60M redevelopment
Plans call for the updated Stutz, purchased earlier this year by New York-based SomeraRoad Inc., to feature new event areas, co-working space, more retail and restaurant offerings, new outdoor spaces and an updated facade.
Former Colts player, Stacked Pickle owner Gary Brackett files for bankruptcy
Brackett, who played for the Indianapolis Colts from 2003 to 2011, got into the restaurant business after retiring from the NFL. He closed his Stacked Pickle sports-bar chain in May 2020 because of the pandemic.