Early plans for the $150 million project, known for now as the “Alabama Redevelopment,” call for a 387-foot glass tower containing 190 apartments, 24 condominiums, 150 hotel rooms and 8,000 square feet of retail and hospitality space.
The building, according to designs by Carmel-based Studio M Architecture and Planning LLC, will have a brick and glass facade and include a walkway constructed above 3rd Avenue SW that will connect with the existing bank headquarters.
The first Indiana location for Wing Zone, a fast-casual chain with more than 60 locations, is expected to open by the end of the summer.
The $72 million Midland Pointe development is planned on 34 acres at the southeast corner of State Road 32 and Hazel Dell Parkway.
The Drake has been a often-discussed property since the museum said in mid-2019 the it planned to raze the 95-year-old building as part of a larger real estate effort to make space for additional exhibits and parking.
The two gifts totaling $7.5 million from longtime supporters will be put toward development and construction of a performing arts center proposed for The Village, a business and culture district adjacent to campus.
The city is seeking input from developers on how to revitalize the former site of a long-troubled apartment complex on the far-east side of Indianapolis, officials announced Wednesday.
Owner Sojos Capital said more than 20 Lafayette Square Mall tenants will set up shop on the first floor of the former Sears building and will not be required to pay rent.
Siblings Phil and Joel Kirk want to be part of the commercial comeback of the Garfield Park neighborhood southwest of Fountain Square.
The Indianapolis Airport Authority and the city of Indianapolis on Wednesday confirmed the heliport could be decommissioned later this year by the Federal Aviation Administration, paving the way for redevelopment.
Plans call for the downtown hotel in the historic Odd Fellows building to feature as many as 164 rooms, a ground-floor restaurant, a rooftop bar and 4,500 square feet of ballroom and meeting space.
The redevelopment of what is now an 18-acre manufacturing site downtown is expected to include apartments, a hotel, an office building and retail space—in addition to a 20,000-seat stadium. Keystone Corp. CEO Ersal Ozdemir said the project’s cost will likely top $1 billion.
Dark steel beams, exposed ducting and stainless industrial-style appliances are warmed up by worn leather furniture and soft area rugs.
What’s next for the two city blocks that are now Circle Centre mall could start coming into focus over the next year.
The city on Wednesday confirmed it has received an incentive application from Sojos Capital LLC for tax-increment financing but declined to provide additional details.
The Department of Metropolitan Development on Thursday released two requests for proposals covering the three structures to developers.
Plans for the shopping center property call for a new name and multiple new uses, including apartments, hotel, sports facilities, concert center, a police station and a public trail and canal.
Officials are taking a fresh, hard look at municipal-owned real estate as part of a larger effort to repurpose several sites that will be largely vacated as agencies move to the Community Justice Campus.
The restaurants are set to open in early 2022, following a $1 million renovation of the property by restaurant group O’Reilly Holdings LLC, which owns both concepts.
The project was given a final, and unanimous, approval by the city’s Metropolitan Development Commission—the last step necessary to allow the city to request the funds from the Indianapolis Bond Bank.
