Prime Meridian Hills site sold after nearly 5 years, with high-end houses on the way
The largely wooded land—one of the few remaining undeveloped residential sites in Washington Township—was originally listed for $1.9 million in late 2018.
Mickey Shuey
Articles
Lucas Oil Stadium to host Saturday events for 2024 NBA All-Star Weekend
Event organizers plan to use the south end of Lucas Oil to accommodate 35,000 spectators for on-court activities, including the Slam Dunk competition, the 3-Point Contest and the Skills Challenge.
Gershman, Citimark seeking tax break on $175M south-side industrial project
Built primarily on what is now agricultural land, the 1.9 million-square-foot project is expected to encompass 170 acres and consist of five buildings, ranging from 100,000 square feet to nearly 575,000 square feet.
Keystone wants to rezone land on Kentucky Avenue near Eleven Park project
On the heels of breaking ground on the Eleven Park stadium district last month, Indianapolis-based Keystone Group is asking the city to rezone nearly 11 acres of surface parking nearby, opening up options for redevelopment in the future.
Taiwan schools, Purdue sign agreements to collaborate on tech
A delegation from Taiwan met with Purdue University officials on Thursday as part of a half-day symposium focused on strengthening ties between the two—particularly in areas of education and economic development.
Inside the massive new Walmart fulfillment center in McCordsville
Walmart on Thursday will host a ceremonial grand opening for the 2.2 million-square-foot, three-story facility, which will eventually employ up to 1,000 people.
Developer moving ahead with revised apartment plan for former school
Chicago-based William Management expects to spend at least $14 million to redevelop the former, century-old school building and build a second structure, with the buildings totaling 70 apartments.
Local professional teams help kids get leg up on sports
The franchises are leaning heavily into youth sports—hoping to create lifelong fans or even a talent pipeline—by sponsoring recreational leagues, hosting skills camps and clinics, or even creating travel programs.
Developer set to spend $51M on apartments, townhouses at Central State site
An Ohio-based firm plans to seek tax credits in its effort to develop dozens of apartments and townhouses on a seven-acre tract of land on the western edge of the Central State Hospital campus in Indianapolis.
City-County Council approves bonds for $510M convention center hotel
The vote was a crucial step in advancing the development of an 814-room Signia by Hilton hotel on Pan Am Plaza. The measure allows the city to take out up to $625 million in municipal bonds for the project.
Techstars incubator selects 13 companies for sports accelerator
Indiana is hoping to use Techstars, as well as the recently launched SportsTech HQ organization, as a springboard to attract more sports-focused businesses to the state.
State slots $89M for 5,000-seat arena at IU Indy
Amid the ongoing restructuring of IUPUI—both its leadership and its future as a campus solely within the Indiana University system—state and local officials are in the early stages of a project that could have big implications for downtown: an on-campus arena.
Keystone holds groundbreaking ceremony for $1B Eleven Park development
The project is set to occupy the 20-acre Diamond Chain manufacturing site along Kentucky Avenue, just blocks from Lucas Oil Stadium, with some portions—including the stadium—set to be completed by summer 2025.
KSM exec Luke Bosso to lead IUPUI athletics program
Bosso joins IUPUI a little more than a year before the school transitions to Indiana University Indianapolis at the start of the 2024-2025 academic year.
Arrow McLaren calls off Whitestown move, to take over Andretti HQ in Indy
The decision comes one year after McLaren said it would spend $25 million to build a 97,000-square-foot facility in Whitestown to house its Arrow McLaren SP IndyCar team, workshops and a training center.
TWG plans $17M revamp of Meridian Street apartment tower
The Indianapolis-based company expects to renovate all 96 units in the vacant Grand Meridian apartment building, as well as replace its windows, roofing and other building infrastructure.
Photo gallery: The Indy 500—on and off the track
IBJ’s Mickey Shuey documents winner Josef Newgarden, the Snake Pit and all the festivities at the Indianapolis Motor Speedway.
One-on-one with Indy 500 grand marshal Stephanie Beatriz
Beatriz spoke to IBJ on Saturday afternoon about her experience in Indianapolis thus far, why she accepted the role of grand marshal, escaping the political discourse for a day at the track, and more.
2023 Innovation Issue: Startup NanoBio Designs seeks to simplify genetic testing
A local small business is hoping to deploy technology in the coming years that could help seed producers and distributors more quickly determine the genetic makeup of their products.
IEDC using helicopters to show off ‘mega-sites’ for Indy 500 weekend
The Indiana Economic Development Corp. is rolling out the red carpet for businesses eying sites in central Indiana as part of a strategy centered on the pageantry of the Indianapolis 500.