Developer seeks to build 300 apartments, 25 townhomes in Westfield
The $80 million project would be developed on a 16.5-acre site along the Midland Trace Trail and include 27,000 square feet of commercial space.
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Indianapolis charter school focused on students with autism to acquire closed IPS building
The $1 building sale could be the last of its kind, because lawmakers are considering a bill that would exempt IPS from the state law that requires such sales.
ICE begins to purchase warehouses, but some owners are backing out of deals
At least 20 communities with large warehouses across the United States have become stealth targets for Immigration and Customs Enforcement’s $45 billion expansion of detention centers.
IU launches umbrella group for real estate, research and life sciences work
IU Inc. was approved unanimously by the university’s board of trustees during its monthly meeting Friday in Indianapolis.
Acai-focused Playa Bowls to make Indiana debut with Fishers shop
Two siblings who made their mark on high school basketball in Indiana did their part to bring a popular smoothie bowl concept to the state.
Businesses form new coalition in effort to prevent Indy heliport closure
Sunlight Coalition wants to convince the FAA to reverse its decision to allow the Indianapolis Airport Authority to close the heliport and sell the property to the city.
Large package of farmland hitting auction block near Lebanon’s LEAP District
The largely agricultural area has been in the spotlight for several years since state economic development officials began assembling thousands of acres of land for the district.
Indiana House adds $50M in regional tax credits to IEDC bill
The bill requires the Indiana Economic Development Corp. to set aside $50 million in tax credits — out of the agency’s total allotment of $300 million — for specific regional items. It also establishes rules for the state’s new drone-testing site.
Central Indiana existing-home market opens year with frigid sales
Sales of existing homes in central Indiana fell significantly in January, partly due to a major winter storm that cooled off economic activity through much of the country.
Franklin country club plans its own restaurant after Big Woods exits
The future restaurant owned and operated by Hillview Country Club will be open for dining to both club members and the general public.
Simon Property Group’s investments pay off
The real estate investment trust bettered Wall Street expectations in 2025, thanks to increases in the rent it charges retailers and the increasing numbers of shoppers and higher sales figures across its 254 properties.
Jack’s Donuts in Greenwood to close permanently
The shop at 3115 Meridian Parke Drive opened in 2017.
Baptist group acquires Johnson County golf course site for seminary, recreation
The Indianapolis-based organization, which serves the Chin community, purchased the 110-acre site with plans for it to become a national destination for church members in 27 states.
Local developer eyes revamp of Broad Ripple funeral home site to apartments
The project would be something of a cousin to The Ripple, a 36-unit apartment and retail development that opened in 2020 across Broad Ripple Avenue.
Q&A: Radio Shack sale led to a career in construction industry
Adam Campagna’s work in central Indiana’s construction industry has shifted from creating partnerships for vertical construction projects to those focused specifically on infrastructure.
Whiskey company to open tasting room along East 46th Street
Circle City Whiskey Co. plans to open a tasting room in March near the intersection of East 46th Street and the Nickel Plate Trail.
Photo gallery: Arrow McLaren opens North American headquarters
During Wednesday’s grand opening event, Arrow McLaren driver Pato O’Ward and CEO Zak Brown said they were looking forward to IndyCar’s newest race this season, the Freedom 250 Grand Prix.
FAA reconsidering heliport closure after Rokita’s intervention
In a letter, Indiana Attorney General Todd said he believes that the $15 million offer made by Chuck Surack prior to the approval of the Indianapolis Downtown Heliport’s sale to the city did not receive due consideration.
IU, Purdue campus investments will reshape downtown
Since IUPUI split in July 2024, Indiana University and Purdue University have poured hundreds of millions of dollars into their respective downtown campuses to grow programs and attract students.
Legislation seeks speedier path to home building
House Bill 1001 would allow single-family houses and duplexes to be approved without a hearing in areas that are zoned residential.