‘MasterChef’ champion opens hometown restaurant at Fishers Test Kitchen
Inspo, a concept by Fishers resident Kelsey Murphy, joins One Trick Pony and Gordito’s at Fishers Test Kitchen.
Real Estate
Articles
Luxury apartments to open soon in former AT&T building
A local developer’s $80 million conversion of a 20-story office building into luxury apartments is the largest project of its kind downtown.
Boone County officials have few answers about possible large business development
The Indiana Economic Development Corp. recently approached Boone County officials about the possible development of land northwest of Lebanon for a big business project, but officials aren’t sharing much information.
Familiar name, self-pour beer concept planned at former Moe & Johnny’s site
The Bulldog Bar & Lounge, which is expected to open in May, will feature 48 self-serve taps in addition to traditional bar service and a restaurant named BD Social.
Home values soared during the pandemic, except for these Black families
Just one lower appraisal could affect the cumulative wealth of an entire community, according to a new Biden administration report on the causes, extent and consequences of property misvaluation.
U.S. plan aims to end racial, ethnic bias in home appraisals
The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry.
Gershman, Citimark partner with Milhaus on $65M Broad Ripple project
The project at the site of a former Kroger store is expected to consist of about 234 apartment units, a 240-space parking garage and 3,600 square feet of street-level restaurant space.
Demand for vacation homes continuing to rise
The value of homes in nine of the top 10 most popular vacation towns are appreciating faster than the typical U.S. home, according to Zillow.
Boomerang planning $150M residential development in Fishers
Abbott Commons would include homes ranging in cost from $325,000 for townhomes to single-family houses for $475,000.
Developer planning 11-story, $85M apartment project near IU Health campus
To be named Hall Place Apartments, the 308-unit project would occupy about two acres just south of 18th Street and west of Illinois Street.
The changing face of Indy’s malls
Local malls and shopping centers are continuing to grapple with the decline in brick-and-mortar retail demand by trying to reinvent themselves with a focus on amenities.
Indy competes for $75M to remake brownfields for food processing, manufacturing
A coalition of city-county government and local community groups this week completed a final round of applications for a federal grant of up to $75 million, that could total $90 million with a required local match.
Existing-home sales hold steady in central Indiana amid rising prices
The median price for homes sold in the area last month was up 13.6%, to $253,245, compared with $223,000 in February 2021.
Kirk’s ending historic hardware store run in downtown Noblesville
Kirk’s Hardware, owned by Bill and Carrie Prater since 2002, is set to close at the end of the month. The 133-year-old, six-floor building that houses the business at 848 Logan St. has always had a hardware store as a ground-floor occupant.
Indianapolis launches first phase of building energy tracking program
Called Thriving Buildings, the program’s initial phase includes voluntary participation by private building owners while mandating participation for some municipal buildings.
Local developers planning $60M apartment, retail project on Cultural Trail in Fountain Square
The site of a one-story, nondescript building in Fountain Square used sparingly for local White Castle operations soon could house a five-story building with nearly 200 apartments and six street-level storefronts.
New sites for deaf school, state archives building announced by governor
Gov. Eric Holcomb on Tuesday announced long-awaited site plans involving the Indiana School for the Deaf, the Indiana School for the Blind and Visually Impaired, and a new state archives building.
U.S. office buildings face $1.1 trillion obsolescence problem
Office buildings that opened since 2015 recorded more than 51 million square feet of occupancy gains since COVID hit, but vacancies have swelled elsewhere, according to Jones Lang LaSalle.
Next site for Cake Bake Shop is Walt Disney World Resort
The Cake Bake Shop by Gwendolyn Rogers will join restaurants and shops along Disney’s BoardWalk near Orlando, Florida.
City ponders coordinating redevelopment of multiple downtown sites
Roughly 17-1/2 acres of city-owned property in various stages of the redevelopment process have developers chomping at the bit to make their mark on the city’s skyline.