First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis International Airport.
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
The Indianapolis store is among three in Indiana, and 16 total, that Sears plans to sell and lease back to generate cash for pension obligations.
But Jonathan Nalli said the health system has no plans to build a $1 billion hospital complex.
The not-for-profit is spending $4.5 million to renovate its new building following an agreement to sell its current property to the neighboring Children’s Museum of Indianapolis.
Zeller Realty Group has sold the two spacious buildings along the North Meridian Street office corridor after undertaking extensive renovations.
Onward Investors LLC announced Monday that it sold the building to Arkansas-based Tempus Realty Partners three years after acquiring it.
An investment team headed by Bill Oesterle says it’s planning a “playground for the creative and innovative” on the 17.5-acre property.
Council member Colleen Fanning said the action gives neighbors another chance to have their say in a redevelopment proposal that could affect what’s been deemed Haverstick Woods.
The $70 million price marks a whopping 75 percent increase over the $40 million the previous owners paid to buy the property in early 2016.
The long-vacant P.R. Mallory building on East Washington Street is closer to becoming occupied, after plans to bring the Purdue Polytechnic High School there stalled over higher-than-expected renovation costs.
As part of its local downsizing, Angie’s List has signed a lease to occupy four floors of a historic downtown building, becoming the largest tenant in the 12-story office tower.
The local developer has been awarded nearly $900,000 in incentives for a senior housing project in Cumberland that will be built near the church, which was once slated for demolition.
Starbucks Corp. Chairman Howard Schultz said he sees a blessing in all the retail vacancies across the United States—landlords are beginning to reduce rents.
Neighbors contacted about selling their homes to make way for the development say St. Vincent Health is behind it. But a St. Vincent spokeswoman said the organization does not have “details to share” at this time.
The company has purchased the property on Pendleton Pike where a former Menards store stood and hopes to have the 1,000-unit facility ready by fall.
Mike Simmons has bought the former Chef’s Academy on East Washington Street and is refurbishing the building to appeal to car enthusiasts by adding meeting and event space.
Tow Yard Brewing made the move to reorganize its assets before its current lease ends and the owner of the building seeks another tenant for the space.
Philadelphia-based Rubenstein Partners and Strategic Capital Partners of Indianapolis have acquired the Precedent Office Park, the second large local business park purchased by the partnership in the past 18 months.