Indianapolis has some $9 billion in downtown development planned over the next several years, but it will take leadership to bring all those projects to fruition in a way that best benefits the city. Hogsett has shown some of that leadership in this past year—as he’s been pushed by Shreve—but we need to see more of it.
A 196-unit mixed-use apartment and retail development in Carmel has been sold in a deal brokers called one of the most notable—and complex—sales of the year in the metropolitan area.
The Department of Metropolitan Development in August issued a request for proposals for updating the long-vacant, city-owned building at 3600 N. Meridian St.
Although GOP favorite U.S. Rep. Jim Banks was beat on overall fundraising in the third quarter, he continues to amass more individual contributions than other contenders for Indiana’s open Senate seat in the November election.
Early plans for the $150 million project, known for now as the “Alabama Redevelopment,” call for a 387-foot glass tower containing 190 apartments, 24 condominiums, 150 hotel rooms and 8,000 square feet of retail and hospitality space.
The Big Ten calls its scheduling model Flex Protect XVIII, which locks in important annual rivalry games like Indiana-Purdue but doesn’t require every team to have the same number of protected games.
Butler University’s Hinkle Fieldhouse will host the final fours of both the inaugural Women’s Basketball Invitation Tournament and the men’s National Invitation Tournament in April.
Indiana election law’s silence on corporate contributions to independent-expenditure political action committees means such contributions are prohibited or otherwise limited, a split Indiana Supreme Court has ruled.
The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.
The request for proposals requires bids to include an offer of more than $1 million for the property and to fulfill federal Community Development Block Grant parameters
A few of other bids were similar to the selected proposal put forth by TWG Development, while others went in a distinctly different direction. Here’s a look at those proposals.
Speaking at the annual political networking event Wednesday night, mayoral candidate Jefferson Shreve blamed Mayor Joe Hogsett for a change in the debate format.
The $140 million project, which city officials are calling the “Alabama Redevelopment,” will include 190 residential units, 150 hotel rooms and 8,000 square feet of retail and hospitality space.
Mayor Scott Fadness told the Fishers City Council during a budget presentation Monday night that the city will solicit contractor bids for the project in April. He said the city has set aside about $20 million for the project.
A symbol of American industrialization that operated the world’s largest steel plant in Indiana and helped build everything from the United Nations building in New York City to the New Orleans Superdome seems poised to soon be purchased by a competitor.
This year’s rise in borrowing costs has made commercial real estate one of the hardest-hit areas of the economy. Property sales, especially for office buildings, have slowed to a trickle, giving landlords and lenders few markers to determine the value of certain assets.
Wall Street’s top regulator is moving to prohibit investment firms from using artificial intelligence to generate more business at the expense of their customers’ best interests, one of the first bids by a federal agency to craft rules for the technology.
