Indianapolis Airport Authority board OKs sale of heliport property
The sale is slated to close by the end of this year as part of a nearly $11 million deal meant to give city officials control of the 5.4-acre property.
Real Estate
Articles
Airport authority plans nearly $11M sale of heliport to Indianapolis
The city’s interest in the property surged after it was told that Major League Soccer might want to locate a club downtown, with city officials pitching it as a location for a soccer-first stadium.
Indianapolis’ latest data center debate stops traffic in Martindale-Brightwood
Over 100 residents of the Martindale-Brightwood neighborhood and organizers from multiple community groups rallied Monday against a proposed data center development at the site of the former Sherman Drive-In theater.
Food truck owners to open birria restaurant in Broad Ripple
Birrieria Iturbidense places its slow-cooked birria beef in ramen, egg rolls, pizza and sliders, as well as in traditional tacos and mulitas.
Former IndyCar team owner lists Fishers estate for nearly $12M
The home is the largest ever to be listed on Geist Reservoir, according to Berkshire Hathaway HomeServices Indiana Realty.
City’s rebranded land bank aims to be more strategic in property redevelopment
Over the past several months, Indianapolis leaders have been staking colorful signs into the yards of city-owned vacant properties in what amounts to a promise to neighbors that they plan to put the properties back on the tax rolls.
Ingalls is planning to be next I-69 boom town
Town leaders are preparing for growth as they’ve seen what being located along major corridors has meant to nearby communities like Fishers, Fortville and McCordsville.
$40M war memorial, designed by local firm, finally under construction in DC
After a nearly 15-year journey involving one of central Indiana’s largest architectural firms, construction is finally underway on a memorial in Washington, D.C., that will honor veterans of the Gulf War.
Shelbyville residential construction skyrockets thanks to lower land costs and growing infrastructure
The city now has five developments under construction, in addition to new retail offerings and infrastructure improvements.
Legal Prep charter school secures downtown location
The school’s downtown location on South Meridian Street is central to Legal Prep’s desire to be close to the city’s legal and business community.
Appeals court sides with property owners, denies Noblesville excavation biz a zoning variance
The opinion upheld a lower court ruling that a Noblesville board erred when it passed a zoning variance for Beaver Gravel Corp. to establish an excavation mine on 68 acres of farmland.
Amazon to add fulfillment center, hundreds of jobs in Greenfield
The 1 million-square-foot fulfillment center is planned for a speculative building north of Interstate 70 constructed in 2022.
Credit rating agencies flag property tax bill for creating ‘uncertainty’ for local bonds
Experts warn that Indiana’s cities, towns and counties could take a hit to their credit rating through no fault of their own, but rather due to continued fallout from the state’s effort to curb property tax growth.
McCordsville sues Daniel’s Vineyard, alleges breach of development contract
The lawsuit alleges the business has failed to meet architectural standards for its primary building, which was originally built to be a storage barn.
IPS makes former School 68 building available for $1
A 2020 building study commissioned by the district concluded that the brick building—built in 1938—had the lowest overall facility quality in the district.
Noblesville crafting ideas for areas west and east of downtown
Redeveloping the long-vacant Firestone Tire and Rubber Co. manufacturing site is a major component of Noblesville’s long-term plan that involves creating master plans for areas just outside of downtown.
Westfield’s 188-year-old ‘Green Building’ to get new home next year
The Westfield Board of Public Works on Wednesday approved a $2.293 million contract with Indianapolis-based Brandt Construction to relocate and restore the building.
Existing-home sales in central Indiana see August jump
Improved mortgage rates and a larger selection of houses on the market led to an increase in home buying in the Indianapolis area last month.
IndyGo planning new bus docking bays by Carson Transit Center, eliminating street parking
The canopied platform for rapid-transit buses along East Washington Street will be long enough to accommodate two 60-foot articulated buses.
Google to withdraw rezoning request for data center in Franklin Township
The proposed data center has faced widespread criticism from neighbors and local officials who have expressed concerns about the project’s environmental impact.