Purdue continues to grow property holdings in Indiana Avenue area
The three-parcel property was the longtime home of the Second Baptist Church, the city’s first African American Baptist congregation.
Real Estate
Westfield council paves way for 272-unit apartment complex in Grand Park District
In addition to two apartment buildings, the Grand Park PUD is expected to include a parking garage and a new headquarters for Ed Carpenter Racing.
Café Babette owners plan overseas move, offer business for sale
Citing a political climate at odds with their aspirations, the owners of a popular Garfield Park bakery announced plans to move to Spain.
Old Indianapolis City Hall project canceled; city to seek new proposals
TWG Development’s $249 million plan to redevelop the historic building and build an adjacent tower of nearly 30 stories has been called off, the city said.
Data center debate often splits officials, residents
Projects that check certain boxes and bring in community investment are winning favor from economic development officials and city leaders but haven’t found footing among passionate, organized communities.
9 downtown projects that should (mostly) be ready for the city’s next Final Four events
Fans could have new places to stay and new things to see when the NCAA brings its marquee basketball championships back to Indianapolis in 2028 and 2029.
Developers for several downtown projects see advantages in reusing older buildings
Developers have started or are planning several projects that will convert office space into hotels.
80-year-old Boone County drive-in theater closes after property sale
The 300-car-capacity drive-in opened in 1946 as the Outdoor Drive-in and operated under several names over the years.
Shelbyville Common Council advances plans for $2B data center complex
California-based industrial developer Prologis Inc. hopes to build the sprawling, 11-building operation on 429 acres.
Franklin distillery owner views bigger location with full restaurant as tourist destination
Haberdasher Artisan Distillery will take over the former location of Richard’s Brick Oven Pizza on South Main Street in Franklin.
BSA LifeStructures grows by keeping focus on strengths
CEO Tim Spence says the design firm does not stray from its core industries of health care, higher education and scientific research. In BSA lingo, that’s healing, learning and discovery.
Old Town Design Group builds Westfield home to support St. Jude hospital
The builder and dozens of partner vendors recently collaborated to build Indiana’s first St. Jude Dream Home Showplace, part of a program in which all net proceeds from the home’s sale are donated to the children’s hospital.
Challengers to U.S. Rep. André Carson push for data center moratorium
Candidates for a more imminent election, the Democratic primary to represent Indianapolis in Congress, have made data centers a flash point of the election.
Short-term rentals are in high demand in Indianapolis for Final Four weekend
Local hotel rooms are virtually sold out this weekend for the Final Four in Indianapolis, and property owners who rent out their homes on sites like Airbnb and Vrbo say they’re also seeing high demand.
$75 million luxury hotel planned near Fishers Event Center
The 100,000-square-foot hotel is expected to have 125 guest rooms in total, plus four restaurants on the first floor and 14,000 square feet of indoor event space on the second floor.
Construction on $4.3B IU Health hospital campus about 60% complete and on schedule
The 44-acre campus will span from 12th to 16th streets and from Capitol Avenue to Interstate 65 — approximately eight square blocks.
Blue House Bridal plans move to renovated historic Carmel house
The Carmel Plan Commission Committee approved the design request for the property in the Arts & Design District on Tuesday.
New building proposed in Meridian-Kessler by owners of neighboring Twenty Tap
The project would bring an entirely new structure to the roughly quarter-acre site, most recently home to Airmaster Heating and Cooling.
Indiana Landmarks puts historic Kemper House on the market
Indiana Landmarks used the downtown property as its Indianapolis and Central Regional Office from 1977 to 2009.
Community Health to make payments in lieu of taxes for Westfield facility
Community Health has reached an agreement with the city to make annual payments over the next 25 years instead of paying property taxes on its new six-story, 200-bed hospital tower