Did city officials properly vet deal for developmental football league event?
The Spring League, a developmental football association formed in 2017, racked up some $1.4 million in unpaid bills during a nine-week stay in Indianapolis last spring.
Mickey Shuey
Articles
Lumina Foundation set to relocate to new building in Bottleworks
The foundation will occupy the top floor of the planned five-story structure at 820 Massachusetts Ave., using 23,700 square feet for about 50 of its employees.
Study: NCAA basketball tourney had $47M direct impact on local economy
Hospitality officials had expected an economic impact approaching $100 million for the NCAA Final Four alone, but that estimate was made before the pandemic put severe attendance limits on the tourney.
Local firms set to redevelop former Kroger store in Broad Ripple
Gershman Partners and Citimark plan to raze the grocery to make way for a new mixed-use project, though plans for the development are still in the works.
Big Ten football title game returning to Indy for 2022
The conference earlier this year quietly signed a one-year extension of its deal with the Indiana Sports Corp. to host the title game at Lucas Oil Stadium at the end of next season, marking the 12th straight year the event will be held in Indianapolis.
Apartment developer plans $25M project on North Meridian Street
TWG Development LLC is in discussions with city zoning and planning officials for the 125-unit project, which would be developed on the east side of the road in the 1800 block of North Meridian Street.
Huge $150M industrial campus planned at former Ford Visteon site on east side
The property is under contract for an undisclosed price from Ford Motor Co., which has owned the land under its own name and an affiliated holding company since at least 2005.
Indy’s Top 10 architecturally wondrous buildings
A panel of six designers affiliated with the American Institute of Architects Indianapolis selected the most architecturally significant buildings built after World War II. Check out the list.
Lucas Oil Stadium to see $22 million in upgrades in 2022
The improvements will bring new, higher-definition video boards to the northwest and southeast corners of the bowl, along with new video-ribbon displays, an upgraded sound system, new carpet and furniture, and an area in the team’s locker room for female football personnel.
Glick philanthropy buys 7 affordable-housing projects for $56M
In addition to two Indianapolis communities, the acquisition involved properties in Bedford, Bloomington, Lebanon, New Albany and Shelbyville.
Onyx+East plans $3.5M townhome project in heart of Fountain Square
The project, called FSX—shortened from “Fountain Square Ten”—is planned for a narrow site at 1003 Prospect St., which currently houses two drive-thru ATMs for PNC Bank. The units each will have a two-car garage and rooftop deck.
Carmel firm to build 200 apartment units for lower-income residents on Indy’s south side
Pedcor Companies plans to spend $50 million to develop its City Heights project, which will target individuals and families making up to 60% of the area’s median income.
Downtown hotel, CIB sue developmental football league for nearly $1.4M
The suits allege the eight-team, quasi-professional league accumulated a bill of $1.1 million during its stay at the Crowne Plaza Union Station and a tab of nearly $235,000 for six games played at Lucas Oil Stadium.
Under-the-radar developer poised to redefine Lafayette Square neighborhood
Fabio de la Cruz has a plan to transform Lafayette Square Mall and several adjacent properties into a multicultural hub, including a concert center, movie theater, hotel and multifamily housing.
Milhaus selling portfolio of local apartment properties for $82M
Totaling 331 units, the apartment complexes are located in Meridian-Kessler, Fountain Square and downtown.
Tech firm adding coworking space as part of $27M refresh to former Marsh HQ
Knowledge Services Inc. acquired the five-story building at 9800 Crosspoint Boulevard—west of I-69 and north of 96th Street—in March 2020 for about $9 million.
British Airways seeking to launch direct London-to-Indianapolis flight
If the route becomes official, it would be the first trans-Atlantic flight from the Indianapolis since Delta Air Lines discontinued its Paris flight in March 2020 due to the coronavirus pandemic.
Eight firms team up on $100M project along Monon Trail with housing, grocery, other retail
Located in the long-struggling Martindale Brightwood neighborhood, the expansive Monon 30 project in part would be intended to boost an area now littered with the remnants of past industrial uses.
Trio of industrial buildings planned near Ruoff Music Center
A Carmel-based development firm plans to spend $70 million or more to turn agricultural fields in Noblesville into the site of three industrial buildings called Saxony Industrial Center.
Developer plans $200M-plus revitalization project for Lafayette Square
Plans for the shopping center property call for a new name and multiple new uses, including apartments, hotel, sports facilities, concert center, a police station and a public trail and canal.