State plans new I-65 exit near Boone County’s innovation district
INDOT wants to build an interchange at West County Road 300 North that would serve the planned 7,000-acre LEAP Innovation and Research District.
Mickey Shuey
Articles
Airport Authority to buy nearly 58 acres near Mount Comfort airfield
The decision to buy the privately owned property came after seeing the swiftness with which developers have moved to acquire thousands of acres near the Indianapolis Regional Airport for their own projects.
Former uses of Diamond Chain site could pose ‘bit of a sticky situation’ for developers
Experts are optimistic that the property’s redevelopment will spur growth in housing and entertainment, but the industrial site’s environmental and historical factors must be considered in the aggressive timeline set for Eleven Park.
Simon secures $5.5M ruling over theater chain for absent rent
The judge in the case found that the COVID-19 pandemic didn’t excuse Regal from covering its rent at the theaters, which are now in default for the lack of lease payments.
Indy area’s largest apartment complex sold in six-property deal
The properties, which total 2,103 units on more than 165 acres, have seen significant rent growth in recent years and likely will see more after renovations by the new owner.
Q&A with Amy Beers, on her book about Indy’s craft brewing history
A certified beer sommelier, or cicerone, Beers has studied the art of brewing for several years and strives to share her knowledge with the public and other beer enthusiasts—whether it’s over a pint or over the internet with her “Drinking with Beers” YouTube channel.
Site for Indy Eleven’s proposed stadium praised by officials, real estate brokers
City tourism officials said the venue could be a boon for new sporting events—something team owner Ersal Ozdemir indicated he’s hopeful will the the case.
Developer buys Diamond Chain site for Indy Eleven soccer stadium, mixed-use district
The redevelopment of what is now an 18-acre manufacturing site downtown is expected to include apartments, a hotel, an office building and retail space—in addition to a 20,000-seat stadium. Keystone Corp. CEO Ersal Ozdemir said the project’s cost will likely top $1 billion.
New not-for-profit lands $1.6M to support Indiana Avenue, Black communities
Urban Legacy Lands Initiative Inc. expects to create a preservation and stewardship framework to support the city’s Black communities, with a focus on equitable and inclusive neighborhood growth.
Boone County property owners asking Lebanon to annex hundreds of acres
The annexation requests come as the Indiana Economic Development Corp. pushes forward with its plans for the LEAP Lebanon Innovation and Research District.
State tourism agency plans to ask for huge funding boost
Tourism officials are introducing a campaign they hope will set the stage for a significant funding increase from the General Assembly next year.
Proposal picked for City Market area redevelopment bested two others
The proposed $175 million project that could add more than 400 apartments to the area surrounding the Indianapolis City Market was chosen over two other bids from local development firms—both of which differed greatly from the winning proposal.
Developer withdraws plans for controversial $61M Willows project
The team behind the proposed redevelopment of the Willows Event Center into apartments near Broad Ripple has withdrawn its proposal, just hours before it was set to be considered by a city commission.
City picks $175M project for block that includes City Market, Gold Building
Gershman and Citimark’s project includes a different look and a new use for the Gold Building and construction of an 11-story building to replace the east wing of the Indianapolis City Market.
Fitness chain opening gigantic gym in former Marsh supermarket
The Villages at Eagle Creek location was one of 18 stores closed by Marsh Supermarkets in mid-2017 as part of the company’s bankruptcy plan after the properties failed to sell at auction.
Blockbuster Duke sale to include 14.7M square feet in Indy area
Duke Realty Corp. has developed or co-developed major industrial buildings and complexes at the crossroads of America, which has become a significant national hub for warehousing, logistics and e-commerce operations.
Indy airport makes push for more non-stop flights
The Indianapolis Airport Authority has committed at least $5 million over the next two years to try to attract new domestic and international non-stop flights, with an emphasis on the latter.
Outgoing Indiana Sports Corp. leader Vaughn to join local tech firm
Vaughn will oversee day-to-day operations for the firm as well as handle contracts and legal matters.
IEDC, Indiana Sports Corp. launch sports tech business initiative
SportsTech HQ is an effort from state economic development and sports tourism officials to bring in venture startups focused on sports and further grow the state’s ecosystem of sports tech-focused firms.
Fishers firm gets OK to move ahead with long-stalled project in Lockerbie
Integra Builders has held the one-acre lot at the southwest corner of North Park Avenue and East North Street since January 2020, when previous owner Litz & Eaton Investments LLC sold the site as part of a messy split between the firm’s principals.