Hendricks Commercial Properties has spent more than $550 million to acquire and redevelop properties across Indianapolis and Carmel since 2013. But the Wisconsin-based firm says it’s just getting started with work it hopes to do here.
The 1.46-acre project is expected to consist of 262 apartments, a four-story interior parking garage with 323 spaces and nearly 35,500 square feet of retail, office and amenity space.
The West Fork District plan calls for as many as 150 townhomes, along with a whiskey-aging warehouse, a pond, an outdoor concert venue, dog park and various other neighborhood amenities, as well as future commercial development.
The IEDC said the first-quarter financial commitments, which came from 45 companies planning to locate or expand in Indiana, ranged from $81,000 to $11 billion apiece.
The cost reduction is part of a redesign requested by the board ahead of an expected vote later this year on whether to begin construction.
360 Market Square is among downtown’s most expensive apartment properties, with an average rent of $2,365 per month.
Most of the quips and jabs during the one-hour event were directed at frontrunner Sen. Mike Braun, with a focus on his track record in the Indiana General Assembly and Congress on topics including immigration policy, economic development and taxation.
The structures and public spaces being erased from the site include the former Pavilion at Pan Am event center at 201 S. Capitol Ave. and the Pan American Plaza, making way for vertical construction later this spring.
The territories are the first international markets for Indianapolis since the league began its Global Markets Program in 2022.
Purdue University has its sights set on turning some mostly underdeveloped land on the northeastern portion of IUPUI into the heart of its new Indianapolis satellite campus.
This year’s games at Gainbridge Fieldhouse are expected to be of particular interest to local fans, as Purdue University is one of the eight teams making the trip.
Indianapolis-based Citimark has already leased about one-quarter of the old appliance retailer’s home at 4151 E. 96th St.—which it acquired in December 2021 for $14 million—to a pair of companies that will use their spaces for showroom, office and warehousing purposes.
The programs are intended to help central Indiana Black business owners combat long-standing challenges in securing bank loans.
The new location along Massachusetts Avenue will feature a 1,200-square-foot store, with a separate space of 750 to 800 square feet that can fit larger gatherings, such as corporate groups or parties.
Leaders of the Capital Improvement Board of Marion County, which operates of the stadium and Indiana Convention Center, want control of the parcel to guarantee adequate space for storing semis and staging events as the city’s sports and tourism industry grows.
In the week since the Iowa Hawkeyes guard announced her plans to go pro, interest in tickets for Indiana Fever games—both at home and on the road—have spiked.
The NFL Scouting Combine, held Feb. 29 to March 3 at the Indiana Convention Center and Lucas Oil Stadium, was bolstered by the Combine Experience and Inside Look, separate attractions that were added to make the overall event more fan-inclusive.
The school intends to demolish an existing residence and build the new house before late 2026, which coincides with the end of President James Danko’s contract with the school.
Operations at the 781,500-square-foot Tipton Transmission Plant, which includes three buildings and spans 103 acres, were quietly suspended last summer.
Together called the Polymer Recycling Complex, the two side-by-side buildings are expected to work together to recycle plastics from curbside collection and then use that recycled plastic to create new products.
