City meets deadline to get federal money for housing projects
The $29 million will be used to acquire and demolish or rehabilitate foreclosed and abandoned homes.
Urban Development
Articles
Tired-but-proud school buildings find new missions
More unneeded buildings are slated to be sold off by Indianapolis Public Schools, but creative people have turned other former schools into reuse gems.
Hoosier Lottery moving to Meridian Street building
The lottery will move in January to the Buick, a 60,000-square-foot building at 13th and Meridian streets owned by principals of Shiel Sexton Construction.
GARNER: Multifamily housing is not the enemy
It would be easy to blame the economy for our blighted urban neighborhoods. True, these tough economic times have led to more vacant and foreclosed houses than we can count. But the key to revitalizing a neighborhood stretches far beyond boarded-up houses.
Tower manager proposes 4th Artsgarden skywalk
Reit Management & Research LLC made a presentation Wednesday to the Indianapolis Metropolitan Development Commission for its plans to build a pedestrian walkway between Circle Centre mall and PNC Center.
Purdue, Chinese scientists sign research pact
Purdue's Center for the Environment and the Chinese Academy of Sciences will use their partnership to focus on the impact of population growth and urbanization in the two nations.
Purdue study: Slowing urban sprawl curbs floods
A new Purdue University study has found that controlling urban sprawl and planting more trees are the keys to reducing water
runoff that causes urban flooding.
Developer making final push for embattled Uptown project
Developer Leif Hinterberger has spent five years and most of his savings trying to build a $19M mixed-use
project at 49th Street and College Avenue. The project could be in trouble if he doesn’t get city
support.
Children’s Museum plans neighborhoods’ revitalization
The Children’s Museum of Indianapolis is about to expand its role in urban redevelopment. It has already invested more than
$1 million in the half-dozen blocks around its campus on North Meridian Street, and now plans to help create a comprehensive
plan for an area that encompasses six nearby neighborhoods.
Ballard takes aim at vacant homes
If Mayor Greg Ballard successfully closes the $1.9 billion sale of the city’s water and sewer utilities to Citizens Energy,
some of the proceeds will be used to bulldoze or rehabilitate 2,000 to 4,500 abandoned, unsafe homes during the next two years.
City receives $4.9 million for homeless initiatives
Federal funds will help provide 69 additional beds in three Indianapolis locations, including a large apartment
complex on the east side.
Buckingham thinks big with plans for downtown development
Will the latest ambitious downtown development proposal finally master the formula for transforming a downtown surface parking
lot?
Proposed development near Lilly campus could include hotel
Indianapolis developer Buckingham Cos. is in discussions to build a mixed-use development that could include apartments, shops,
office space, and a hotel and conference center.
Construction supplies firm plans mixed-use HQ downtown
Affordable Building Supplies LLC, which was displaced by the construction of Lucas Oil Stadium, hopes to move its headquarters
closer to downtown in a new mixed-use building on South Meridian Street.
Road upgrade kicks off improvements in Lafayette Square area
A $20 million improvement of West 38th Street between Guion and High School roads that is set to begin next month is the first in a series of initiatives that stakeholders hope will revive the real estate fortunes of the area anchored by Lafayette Square Mall.
Mass Ave project adds garage, wins approval
Work could begin this fall on $10 million Trail Side complex.
Work begins on Penn Arts apartment, retail project
Renovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two
equity partners for the project because banks were unwilling to lend.
Lugar Tower project delayed by lack of tax credits
Renovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.
Insurer lending $7M for east-side Super Bowl project
The aim is to spur redevelopment on the city’s blighted near-east side before the 2012 Super Bowl is played in Indianapolis.
Indianapolis Housing Agency pulls off big tax credit deal
City agency plans renovations, expansions at eight apartment properties.