Brown Capital Group and Strategic Capital Partners previously partnered to develop Greenview Apartments, a 216-unit development adjacent to the future site of The Grove.
The NBA has contracted with 29 of downtown’s 35 lodging properties, with each committing at least 90% of their inventory at negotiated rates and minimum four-night stays, according to Visit Indy.
Chris Jensen, 39, became the city’s first new mayor in 16 years when he succeeded Republican John Ditslear in 2020. While the pandemic provided a roadblock, Noblesville has still experienced a flurry of development in the past four years.
Fabio De la Cruz said if his vision is realized and partners participate as he expects, the total investment in the area could reach $700 million to $1 billion.
The publicly traded firm, which said in June that it would move its operations to the OpenLane Inc. building at 11299 N. Illinois St., sees potential for residential and retail development and different kinds of office uses.
A 26-person contingent comprising state and city officials, not-for-profit leaders and business executives traveled to the tiny city-state Nov. 14-17 to study how the nation has developed land along its waterfront.
The majority of people who testified about the bill were against it, arguing that it would undo the work of corporate and civic leaders to boost perceptions of downtown in the aftermath of the pandemic and the 2020 protests for racial justice.
Active-adult communities are rental properties that can include apartments, cottages or villas targeted toward seniors who do not require medical care and want recreational activities and chances to socialize with people in their peer group.
The structural issues have thrown a curve at the rest of 1820 Ventures’ development plan for housing, retail and entertainment uses, requiring it to move a planned concert venue to another location.
Councilors decided to withdraw two ordinances authorizing a total of $76 million in bonds for the projects from the agenda to give Mayor Sue Finkam’s administration more time to study plans, consider feedback from residents and negotiate with developers.
Developer Milhaus’ latest plan for the first phase of Maurer Commons details a $64 million mixed-use development with a 125-room hotel, a 228-unit apartment complex and 75 for-rent town houses. Residents want a more recreation-focused plan.
Construction on several major real estate development projects is slated be completed this year in Noblesville, while visible progress should be made on others.
Hunkering down with family offers breathing room to save for a home. The trade-off comes down to temporarily relinquishing a measure of independence to achieve a milestone increasingly out of reach for people their age.
Multiple new developments in Carmel are set to open in the coming months, adding to the city’s lineup of real estate projects that combine residential, business and retail spaces.
While most projects, such as Indiana University Health’s new hospital, Old City Hall and Pan Am Plaza, are efforts that will take years to come to fruition, other developments will begin to see substantive movement in the new year.
