Articles

Westfield’s booming growth

The 19-square-mile, 24,000-population town of Westfield could balloon to 56 square miles and 110,000 people in the next several years. More than 11,000 new homes are in the works. And the residential rush…

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restaurant

Fair warning: I don’t typically write reviews here, but in the last week I’ve visited two new restaurants that have major kinks to work out. They are Leland’s at 946 S. Meridian St., and TaTa Cuban Cafe at 137 W….

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Brokerage firm buys building

A local brokerage firm that specializes in foreclosed properties is moving its headquarters from North Meridian to a 6,700-square-foot office building at 1236-1238 Pennsylvania St. Wynkoop Brokerage bought the building shown…

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Deflating the Dome

Demolition crews will begin letting air out of the RCA Dome as early as next spring. Deflating and removing the Dome’s fabric roof is the first step of a five-month demolition process,…

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Cultural Trail takes shape

How much will the Indianapolis Cultural Trail affect real estate downtown? What do you think of it? The $50-million bike and pedestrian path eventually will connect downtown’s five cultural districts. Funding comes…

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Westfield on verge of development boom: At least four major projects in works in growing town

In the top drawer of an old desk in the basement of Westfield Town Hall, there is a small steno-style notebook filled with fraying, hand-written pages. It’s where town planners kept track of building permits for more than a decade starting in the 1960s. This was a tiny town then, where most people knew all their neighbors and permits were organized by last names. Westfield is a lot different today. New developments are appearing all over the growing town, which…

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‘Aggressive moves’ feed Flaherty & Collins’ growth: Local apartment developer gaining national foothold

David Flaherty and Jerry Collins left comfortable vice president gigs at a local real estate firm to strike out on their own in 1993. Roughly two years passed before the two former Revel Cos. executives received another paycheck. But the gamble eventually paid off handsomely. Indianapolis-based Flaherty & Collins Properties has become a nationwide player in apartment housing, with a staff of 412, a development pipeline of $500 million, and more than 13,500 apartment units under management. Flaherty and Collins…

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Penn Centre at street level

Here are two street-level renderings of Penn Centre, courtesy of Browning Day Mullins Dierdorf. The first shows the Omega Building along Maryland Street, and the second is a view from Pennsylvania Street. These still are early concepts and the developers…

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These colors don’t run

Work on the renovation of Jefferson Plaza (soon to be Allen Plaza) began this week as construction workers raised an Allen Commercial Group flag over the plaza. It replaces a worn-out state…

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It’s time for a retail roundup

Southport shakeup. Big changes are underway at Southport and Gray roads on the south side. An LA Fitness, the city’s third, is under construction on 4.5 acres west of Gray Road. The…

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No alcohol at Champps

Champps near The Fashion Mall at Keystone can’t serve alcohol for 15 days because of an excise violation in 2005. The suspension is part of an agreement the restaurant reached with the state…

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Condos in Ripple & Cottage Home

A developer is taking another shot at a condo project along Winthrop Avenue in Broad Ripple. The project was denied at a rezoning hearing June 20. The Metropolitan Development Commission is scheduled to consider a new plan Wednesday that calls…

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Highway project could swallow hotel

A $600-million plan to revamp interstates 465 and 69 on the northeast side could have a major impact on buildings near the highways. Several properties, including a couple of office buildings, some…

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Drumroll, please: Buggs to open

Three dining options at Buggs Temple are scheduled to open Oct. 19. They include Tavern at the Temple, Buggs Grille and Cornerstone Coffee House. Staff training is scheduled to begin tomorrow and…

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Developer drops pursuit of condos

A local developer has dropped its effort to buy out 77 condo owners southeast of 86th Street and Keystone Avenue, at least for now. Residents of the condo development, Lakes…

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Join IBJ at awards dinner

The not-for-profit group Keep Indianapolis Beautiful is planning its 30th annual A Monumental Affair, a gala event honoring the city’s top architecture, construction, engineering and design. Interested in attending? IBJ is saving space…

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Ralston Square project would honor city’s first planner

A local development team is working on a 10-story, mixed-use tribute to a man who helped design the original plan for Indianapolis,
Alexander Ralston. The $60 million project, dubbed Ralston Square, would feature a 150-room hotel, 55 condos, a 617-space
parking garage and 41,000 square feet of retail space.

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Thoughts on Ralston Square?

Here are two renderings of the proposed Ralston Square project. The $60 million South Street project, named in honor of the original planner for Indianapolis, would feature a 150-room hotel, 55 condos, a 617-space parking garage and 41,000 square feet…

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Penn Centre, in color

What do you think of the latest rendering of Penn Centre? The plans, designed by Browning Day Mullins Dierdorf, call for a 240-room Le Meridien hotel, 150-room aloft hotel,…

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City denies Bush Stadium reports

The city has not decided whether to tear down Bush Stadium, spokeswomen for the mayor and the Department of Metropolitan Development said this afternoon, denying news reports. WTHR reported on its Web…

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