Drake apartments property receives five proposals for reuse
The Department of Metropolitan Development in August issued a request for proposals for updating the long-vacant, city-owned building at 3600 N. Meridian St.
Mickey Shuey
Articles
MDC approves proposed taxing district for Indy Eleven stadium
The Metropolitan Development Commission’s approval, which came by a 8-0 vote, sends the proposal to the City-County Council, where it will be introduced Nov. 13.
Townhome project proposed along Monon Trail on near-north side
The project would consist of 42 single-family attached homes in the Martindale-Brightwood neighborhood.
City board to consider new taxing district for Eleven Park stadium
The taxing district, known as a professional sports development area, or PSDA, would allow for the collection of various taxes to cover a portion of the cost for the 20,000-seat stadium.
NBA All-Star events in Indianapolis expected to have $320M economic impact
During a press conference Wednesday to discuss the 2024 NBA All-Star Game in Indianapolis, NBA Commissioner Adam Silver said the All-Star game will return to its classic Eastern Conference-vs.-Western Conference format with a traditional game.
Indoor Football League team to launch in Fishers
The Fishers team will be the 17th member of the Indoor Football League, which has been operating since 2009, making it the longest continuously operating indoor football league in the United States.
Study: Indianapolis Motor Speedway events generated $1B impact over one year
The total economic impact of $1.058 billion found by the months-long study is more than double the figure calculated in a similar study in 2013.
Gray Brothers Cafeteria seeking franchisees for carry-out locations
The family-owned Mooresville restaurant that has become synonymous with comfort food in central Indiana wants to branch out into franchising. It projects startup costs for carry-out locations to be between $391,000 and $738,000.
Mayoral candidates differ on approach to downtown incentives
While incumbent Joe Hogsett says a broad use of incentives like tax-increment-financing bonds is often necessary to bridge funding gaps, Jefferson Shreve favors a moderated use of the city’s incentive toolbox.
Alamo Drafthouse cinema chain to open first Indiana multiplex near Lafayette Square Mall
Renovations to the former Georgetown 14 Cinema are expected to cost $15 million as part of an operating agreement the dine-in theater chain has reached with building owner Fabio de la Cruz.
Old City Hall development is ‘huge opportunity,’ although designs remain in their infancy
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.
Walker Legacy Center to start endowment with proceeds from real estate sales
The sale of Walker Plaza, which was built in 1989, also clears the way for the center’s leadership to usher in a new plan for the Legacy Center, which is expected to focus on further educating the public about C.J. Walker and her work as a businesswoman and prominent figure in Indianapolis in the early 1900s.
Three historic buildings near Monument Circle sold to Chicago-area firm
The connected buildings contain 161,500 square feet of office space, which is all leased to the Indiana Department of Health.
Creative agency plans move to historic Lockerbie building
Indianapolis marketing and communications agency Well Done Marketing plans to move to a building constructed in 1861 that was once home to businesses operated by well-known interior designer and historic preservationist Sallie Rowland.
City hires New York firm for fresh perspective on Indiana Avenue redevelopment
City officials have hired an out-of-state firm to create a development plan for the Indiana Avenue corridor, a part of downtown that has seen neighbors push back on recent project proposals.
Made in Indiana: Pies by Wick’s Pie
History: The company was started in 1944 by Duane “Wick” Wickersham as a café intended to deter factory workers from drinking on the job. Wickersham used his grandmother’s pie recipes for the café and a 1934 Buick sedan to deliver the product throughout Winchester. Within four years, Wick was selling 300 pies per day. In […]
Corteva to occupy new $30M distribution center in Anderson
The 300,000-square-foot facility is being developed by local industrial real estate firm Scannell Properties LLC.
Colts owner Jim Irsay praised by PETA for embracing vegan lifestyle
The animal-rights organization this week promoted a video of a discussion with Irsay, who lives a vegan lifestyle, about his expanded involvement in animal activism.
Local investors plan to revamp dilapidated College Avenue building
As proposed, the project would consist of street-level commercial spaces and upscale three-bedroom, three-bathroom apartments on the second floor.
Civic group defines new mission during State of Downtown event
The leader of civic organization Downtown Indy Inc. said Thursday that she is bullish on the future of the city’s core—and the not-for-profit’s role in moving downtown forward.