Developer scraps plan for $22M downtown hotel, citing costs
Sun Development & Management Corp said the 11-story, 150-room project slated for a surface parking lot along South Meridian Street turned out to be “cost-prohibitive.”
Sun Development & Management Corp said the 11-story, 150-room project slated for a surface parking lot along South Meridian Street turned out to be “cost-prohibitive.”
The venue will occupy more than 23,000 square feet in the historic railroad station, in the area that housed Cadillac Ranch and the Bartini’s lounge before they closed in 2017.
The new owners have renamed the five Indianapolis-area properties and plan to spend at least $29 million on renovations and upgrades.
The NCAA men’s college basketball season got underway here Tuesday night with two top-10 matchups in the Champions Classic.
The project by Litz & Eaton Development Co. will add five new, 2,100-square-foot townhomes to the southwest corner of North Delaware Street and Fall Creek Parkway South Drive.
The project is slated for an odd triangular parcel along one of Fountain Square’s main arteries as the neighborhood’s resurgence continues.
The CEO of the Connecticut Historical Society will take over the post in late January, marking the first leadership change at the organization in more than a dozen years.
Birge & Held plans to rehabilitate the 304-unit community and target low- and moderate-income renters, who face a shortage of affordable housing.