City, CIB break ground on $800M hotel, convention center expansion
The ceremony follows months of construction work beneath the plaza to stabilize certain structures, like Pan Am Tower, and prepare the site for a three-year buildout.
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Spinal cord research group moving HQ to former Five Seasons club in Carmel
A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt announced Tuesday that it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club facility, which closed in 2017.
White House rolls out measures aimed at increasing affordable housing
The White House also announced that it was forming an inter-agency task force to develop ways to fund efforts to convert more commercial buildings to residential housing, especially zero emissions and affordable units.
Greenwood developing new master plan to fuel growth
Gabe Nelson, planning director for the city, said public input will play a major role in the creation of the plan, which aims to ensure Greenwood remains attractive to existing residents and businesses, while creating opportunities to attract new ones.
City to test state law in nuisance enforcement effort
Mayor Joe Hogsett’s administration is seeking a stronger approach to force property and business owners to discourage behavior that compromises public safety.
Central Indiana existing-home sales see 21% June drop
Sales dropped for the 17th straight month on a year-over-year basis as inventories continued to tighten.
National swine show, athletic events announced for new fairgrounds building
Indiana State Fairgrounds officials opened the 196,000-square-foot Indiana Farm Bureau Fall Creek Pavilion on Thursday, sharing announcements of national events already scheduled for the venue that has replaced the Swine Barn.
Stutz owner retooling plans for 275-unit apartment project
The rethought 2.4-acre Stutz II project is now expected to consist of two new structures and the reuse of an existing three-story office building.
Henke Development planning 350-acre, nature-focused community in Zionsville
Single-family houses at Bradley Ridge would range in price from $1 million to $3 million, while townhouses would cost $800,000 to $850,000.
Greenwood council considering tax breaks for two projects
The Greenwood City Council has given preliminary approval to a tax abatement on an $8.5 million speculative office building and is considering a separate incentive agreement for a manufacturer’s expansion.
Share of U.S. office buildings in distress surpasses hotel, retail properties
U.S. offices face higher stress than other real estate sectors because of weak demand as remote work gains widespread acceptance.
Cunningham planning bar and restaurant for North Mass redevelopment
Plans call for the restaurant and bar to occupy an 8,500-square-foot indoor space at 1351 Roosevelt Ave., with a 6,000 square-foot patio for outdoor dining.
Age, usability pose preservation challenges for Columbus architecture
The newest of Columbus’ mid-century modernist buildings were built in the 1970s, meaning some of the city’s notable landmarks need expensive repairs.
Hogsett administration seeking new redevelopment proposals for Old City Hall
The city’s Department of Metropolitan Development is asking developers to pay at least $2.34 million for the 113-year-old building at 202 N. Alabama St., which was the seat of city government until the City-County Building was completed in 1962.
Thermo Fisher Scientific opens $6 million lab complex in Fishers
In the health care world, Thermo Fisher Scientific operates mostly behind the scenes, supplying labs and hospitals with scientific instruments, chemical ingredients and software services.
Rooftop venue planned at 96-year-old Walker Theatre
A 100-capacity rooftop event venue is planned at the Madam Walker Legacy Center, the historic building at 617 Indiana Ave that opened in 1927.
Meatball specialty restaurant closes its Fashion Mall location
The closure of the Fashion Mall location comes less than two years after the Mimi Blue restaurant in Carmel ceased operations. The locally owned business has one remaining restaurant.
Eviction filings 50% higher than in pre-pandemic in some cities as rents rise
After a lull during the pandemic, eviction filings by landlords have come roaring back, driven by rising rents and a long-running shortage of affordable housing.
Simon expands availability of mall-wide online search tool
Simon Search, which is accessible via Simon’s website and app, and at in-mall digital directories, allows users to browse multiple stores’ inventories at once.
UPDATE: Fishers announces plans for $122.5M in new downtown developments
The projects include a $90 million age-restricted luxury apartment building and a $32.5 million “urban village” that will be anchored by a new headquarters for an Indianapolis-based multifamily developer.