Tower getting a new sign

Don’t be alarmed to see workers removing the massive OneAmerica sign from atop the 38-story OneAmerica Tower in the next few days. The company plans to replace the sign with one…

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Young developer, towering dream

The odds are long, but Jaron Garrett isn’t giving up on an ambitious plan to replace several blighted buildings along Washington Street with a twisting glass-and-steel apartment tower. The 25-story project…

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Better know a developer: Lauth

Locally based Lauth had a big week. They announced plans for a 7.1-million-square-foot distribution park on 555 acres at Interstate 70 and State Road 39 near Plainfield. But lately the company…

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Dome demolition: Implode or no?

In the spirit of today’s Colts festivities, there’s an update this week on the new stadium and discussions about the old one. In a progress report, the Indiana Stadium and Convention Building…

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Lockerbie Park phase 2 on hold

The foundations and garage slabs are in place for the next phase of Lockerbie Park, but construction is on hold for now. The project at College and Michigan streets has not sold…

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Farewell, mediocre pizza buffet

At the top of a lunch-time retail roundup: Downtown’s Bearno’s Pizza has closed and will be replaced by Flagstar Bank. A sign on the door says to look for Bearno’s elsewhere in…

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Another delay for MSA

Hopes for a quick decision on who will redevelop the Market Square Arena site are quickly fading. City officials had promised a decision by July at the latest, but the political climate…

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New library almost ready

It’s been quite an ordeal, but the Central Library expansion is almost complete. The Interim Central Library, which opened in Old City Hall after construction began on the expanded…

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Wedding Cake, Anyone?

One of Indy’s most unique houses is up for sale, with an asking price of $449,900. The Wedding Cake House, built in 1873, has been home to the central regional office…

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New Condos Emerge in St. Joseph

The Renaissance Flats project is taking shape along St. Joseph Street between Delaware and Alabama streets just north of downtown. The 19-unit project, by Britton Buildings Design Inc., is just north…

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Offers pour in for First Indiana Plaza

A sluggish real estate market hasn’t deterred investment groups interested in owning the 31-story First Indiana Plaza. Brokers say the New York-based owners of the struggling skyscraper have received about 10…

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Pan Am sale called off

A Texas company has terminated its contract to buy Pan Am Plaza because of turmoil in the credit markets. Principle Equity Management had hoped to build a $50 million restaurant and…

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The first of the new glass panels are up on One Indiana Square. What do you think so far? The transformation of the 36-story tower built in 1970 is expected to take…

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Tower’s new look taking shape

The first of the new glass panels are up on One Indiana Square. What do you think so far? The transformation of the 36-story tower built in 1970 is expected to take…

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A grand entrance for the JW

Someone asked a while back what the JW Marriott convention hotel will look like along West Street. I had a chance today to ask Mike Wells of developer REI Investments. He said…

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Vision takes shape for Canal ‘bridge’

Kansas-based LodgeWorks LP continues to refine its proposal for a hotel project that would include a bridge over the Central Canal. The proposal, designed by Chicago-based ASC Architects, calls for:
A four-story bridge…

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St. Francis gears up for expansion

Construction is set to begin soon on a 417,000-square-foot addition to the Indianapolis campus of St. Francis Hospital (Beech Grove campus is shown here). The $200-million project is slated for completion…

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