Developer seeking to build large-scale Indianapolis data center
If fully developed, the 468-acre data center complex would have up to four buildings and 400 employees making annual salaries of about $100,000.
Real Estate
Articles
Pittsboro officials OK rezoning of 626 acre-site for proposed data center campus
The decision comes as developers seek to build a colocation site—a data center with multiple tenants—on a portion of the 626 acres.
Swig ‘dirty soda’ chain to open shop near Washington Square Mall
The Swig, which plans further Indiana shops, will serve drive-thru customers from a space previously occupied by a Papa Murphy’s pizza location.
Whitestown planning park at former Wrecks junkyard site
The 12-to-14-acre Wrecks Park is planned along Indianapolis Road, west of Interstate 65 and south of Whitestown Parkway.
Local brothers named in dozens of lawsuits over real estate deals
More than 200 residential properties around Indianapolis are connected to at least one of the more than two dozen active lawsuits that investors, lenders and contractors have filed against brothers Jeremy and Joshua Tucker.
Council committee recommends $66M in bonds for Old City Hall redevelopment
The $249 million plan calls for rehabilitating the 116-year-old former municipal building at 202 Alabama St. and building a 387-foot tower with 186 apartments, 23 condominiums and 156 hotel rooms.
Two major local government buildings put up for sale by Trump administration
The downtown Minton-Capehart Federal Building and the Maj. Gen. Emmett J. Bean Federal Center in Lawrence were deemed “not core to government operations” by the General Services Administration.
IBJ Podcast: Third-gen Indy hotelier on industry ups and downs, $43M Ball State project
Greg Schahet shares financial war stories from moments in the last three decades when it seemed like the hotel industry had turned upside-down.
Simons give Indianapolis’ MLS efforts a big boost, experts say
The Simon family’s involvement in the city’s effort to attract a Major League Soccer team might have been the worst-kept secret in Indianapolis.
Lawmakers seek path to remediate brownfields through inventory
Senate Bill 307 would allow the Indiana Brownfields Program to be used to study brownfields and to create a statewide inventory, although the bill provides no funding for the task.
Eye care firm planning HQ campus at Zionsville’s Creekside Corporate Park
Four other companies are also looking to build at the town’s nature-focused business park.
Convenience chain Wawa planning third Noblesville store
Carmel-based JDF Development has proposed an $8 million project including a Wawa Fuel Center and a second commercial building on 3.87 acres.
New year opens with fewer existing-home sales, higher prices
Home sales in central Indiana got off to a slow start in 2025, with a January snowstorm likely cooling off the pace of transactions.
Pittsboro advisory commission recommends data-center rezoning request
A Denver-based company is seeking to build a data center campus on about 285 acres of the 626-acre property.
Local flight school landing in Shelbyville after losing Greenwood lease
Jeff Air said it will begin moving to Shelbyville Municipal Airport on March 15, with full flight school operations resuming April 1.
Fishers City Council hears plan for cap on single-family rentals, registration program for landlords
The plan calls for limiting the percentage of single-family rental units per subdivision and require landlords to register rental houses and town houses with the city.
Photos: Downtown’s luxury InterContinental hotel opens after $110M rehab
The 170-room luxury hotel at 17 W. Market St., made its public debut Monday following a rehabilitation project to the historic building that began in 2018.
IBJ Podcast: Marsh Davis on a career saving Indiana landmarks, bringing right people to the table
The outgoing president of Indiana Landmarks discusses the value of historic preservation, its influence on Indianapolis, the projects that stand out over four decades and the one that got away.
With InterContinental and Aloft now open downtown, what’s next in the hotel pipeline?
More than $1 billion in hotels and associated projects is under construction or set to begin in the next 12 months. Another several hundred million dollars’ worth of investment is under consideration or in the planning stages.
Legislation targeting squatting gains momentum
Depending on whom you ask, such bills are a solution in search of a problem or an important tool in combatting property problems caused by scammers and the homeless.