Local developer plans four-story condo project on Mass Ave
Stenz Construction Corp. bought a two-story office building in the Mass Ave District and is seeking to demolish it to make way for the development.
Urban Development
Articles
Hogsett explores shopping City-County Building, other downtown properties
Indianapolis officials have triggered a wide-scale review of the need for big municipal buildings downtown. Real estate executives are intrigued by the 28-story City-County Building’s potential for private redevelopment.
Integrating criminal justice center is key to lifting Twin Aire neighborhood
Ensuring the $572 million criminal justice center connects with the surrounding neighborhood and doesn’t sit isolated presents a big challenge for project planners and community leaders.
Milhaus swings creative deal for $16M apartment project in Fountain Square
The plan for the development, slated just east of the neighborhood’s commercial core, required reaching out to property owners on Prospect Street and collaborating with neighborhood officials.
City rushes to use $3M to raze abandoned houses
The Hogsett administration is racing against an end-of-year deadline to tear down blighted homes with $3 million it has remaining from a federal grant awarded in 2014 to tackle the problem.
Group led by former Angie’s List CEO closes on sale of company campus
An investment team headed by Bill Oesterle says it’s planning a “playground for the creative and innovative” on the 17.5-acre property.
Few sites leap out for possible downtown mega-hotel
Only the Pan Am Plaza and a city-owned parking garage on Illinois Street jump out as prime locations for the mega-hotel Visit Indy wants downtown, hospitality industry observers say.
Critics say downtown development group should go
The Hogsett administration and City-County Council are weighing whether to kill a little-known organization that has quietly worked for two decades on the key downtown redevelopments.
Buyers of east-side relic proposing $30M redevelopment for schools
The long-vacant P.R. Mallory building on East Washington Street is closer to becoming occupied, after plans to bring the Purdue Polytechnic High School there stalled over higher-than-expected renovation costs.
U.S. consumer confidence rises to highest level since 2000
Tax cuts passed into law last year are starting to show up in workers' paychecks, boosting confidence in the economy to its highest level in more than 17 years.
Developer plans $9.5M town house project near old Milano Inn site
Onyx+East is buying a one-acre lot off of South College Avenue and plans to build eight buildings containing 35 residential units.
Former Angie’s List CEO strikes deal to buy company’s HQ campus
Bill Oesterle and a group of investors have agreed to purchase the 17.5-acre site on the near-east side and could close on the deal in March.
Former T2 exec embarks on downtown car club, auto storage project
Mike Simmons has bought the former Chef’s Academy on East Washington Street and is refurbishing the building to appeal to car enthusiasts by adding meeting and event space.
Judge: Developer can proceed with residential-retail project in Chatham Arch
A Marion Superior Court judge has ruled in favor of a North Carolina developer, after a neighborhood resident challenged his plans to build the project.
Judge blocks big Chatham Arch housing-retail project over zoning issue
A Marion Superior Court judge has ruled in favor of a neighborhood resident, who fought the Indianapolis Historic Preservation Commission’s decision to give the project the green light.
Landlord holds key to Twin Aire neighborhood transformation
Chicago-based Mer Car Corp. owns the 95,700-square-foot strip center anchored by a Kroger, where Southeastern and English avenues meet, just west of where the justice center is set to be built.
East 16th Street revival hits high gear
In the last three years or so, development along a roughly 20-block section of East 16th Street stretching from Pennsylvania Street east past the Monon Trail has exploded.
Downtown building owner seeks tax break for $2M renovation
Growing architecture firm Guidon Design Inc. plans to occupy the currently vacant and dilapidated structure on North Pennsylvania Street and boost employment by nearly 50 percent.
Lockerbie block poised for $25M in condo, apartment developments
The projects, proposed separately by Litz & Eaton Development LLC and Block 20 Development LLC, would be built on two empty lots and on property where an existing building sits.
Great Places 2020 organizers hope 2018 is transformative year
The effort, launched in late 2014, aims to mix private-sector investments with federal tax money to spark residential and commercial activity in five targeted Indianapolis neighborhoods.