Nightclub eyes Union Station
The city has reached a preliminary agreement to lease 12,600 square feet in the basement of Union Station for a new restaurant and nightclub. The lease is with The Arantee Group, one…
Cory Schouten
Articles
Bush Stadium’s uncertain future
What should be done with Beautiful Bush Stadium? The city has ordered appraisals of the historic ballpark as a first step toward eventual reuse or demolition. The Indianapolis Indians played in the…
An English Avenue opportunity?
A not-for-profit neighborhood revitalization group has slashed the prices on three remodeled live/work buildings at English and State avenues. The brick buildings near Fountain Square have undergone various levels of renovation by…
Post-fire restoration underway
In the discussion about Jaron Garrett’s plans for Washington and Pennsylvania streets, someone asked about 38 E. Washington St. The building burned earlier this year, and now is being…
Updated Gibson Building unveiled
Mayor Bart Peterson and OneAmerica executives cut the ribbon on the renovated Gibson Building this morning. Work on the 1916 building (originally a car manufacturing facility) began in April 2006 and cost…
What ever happened?
Following up on a few old posts:
No Canterbury Sale Yet. Canterbury Hotel owner Donald Fortunato said he’s getting close to a sale of the 12-story hotel, but the deal is not done….
Tower getting a new sign
Don’t be alarmed to see workers removing the massive OneAmerica sign from atop the 38-story OneAmerica Tower in the next few days. The company plans to replace the sign with one…
Young developer, towering dream
The odds are long, but Jaron Garrett isn’t giving up on an ambitious plan to replace several blighted buildings along Washington Street with a twisting glass-and-steel apartment tower. The 25-story project…
24-year-old developer tackles $30M deal
Jaron Garrett hasn’t developed anything like the 25-story tower he’s proposing. And he doesn’t come close to having the financial
muscle to pull off the $30 million project on his own. But Garrett is determined to sell his vision of transforming a downtown
eyesore at Washington and Pennsylvania streets into a twisting glass-and-steel apartment tower.
Better know a developer: Lauth
Locally based Lauth had a big week. They announced plans for a 7.1-million-square-foot distribution park on 555 acres at Interstate 70 and State Road 39 near Plainfield. But lately the company…
Dome demolition: Implode or no?
In the spirit of today’s Colts festivities, there’s an update this week on the new stadium and discussions about the old one. In a progress report, the Indiana Stadium and Convention Building…
Lockerbie Park phase 2 on hold
The foundations and garage slabs are in place for the next phase of Lockerbie Park, but construction is on hold for now. The project at College and Michigan streets has not sold…
Farewell, mediocre pizza buffet
At the top of a lunch-time retail roundup: Downtown’s Bearno’s Pizza has closed and will be replaced by Flagstar Bank. A sign on the door says to look for Bearno’s elsewhere in…
Another delay for MSA
Hopes for a quick decision on who will redevelop the Market Square Arena site are quickly fading. City officials had promised a decision by July at the latest, but the political climate…
Mayor says MSA ‘not a priority’
With the Nov. 6 mayoral election looming, Mayor Bart Peterson seems content to wait for a third term to choose who will redevelop
the Market Square Arena site. He’s willing to put off the opportunity to wipe past failures clean in large part because the
political climate has changed.
After putting $25M into Conrad, city finally will conduct audit
The city plans to hire an outside auditor in the next few months to review the books of the Conrad Indianapolis Hotel and
determine how its investment is performing. It’s a routine process, Mayor Bart Peterson said. But it’s one hotel-industry
experts say is overdue.
Conrad owners tussle with project architect: Lawsuit alleges firms are owed more than $850,000 for work on $100 million downtown luxury hotel
The cranes and contractors have been gone from the site of the Conrad Indianapolis for about 18 months. But wrangling over the project continues in court. The private owners of the $100 million project are quarreling with prominent local architects Browning Day Mullins Dierdorf and New York-based engineering firm Cosentini Associates over how much they’re owed for their work. Both Browning and Cosentini have filed liens: Browning says it is owed $764,000; Cosentini claims $91,000. The owners say in a…
New library almost ready
It’s been quite an ordeal, but the Central Library expansion is almost complete. The Interim Central Library, which opened in Old City Hall after construction began on the expanded…
Wedding Cake, Anyone?
One of Indy’s most unique houses is up for sale, with an asking price of $449,900. The Wedding Cake House, built in 1873, has been home to the central regional office…
New Condos Emerge in St. Joseph
The Renaissance Flats project is taking shape along St. Joseph Street between Delaware and Alabama streets just north of downtown. The 19-unit project, by Britton Buildings Design Inc., is just north…