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Old City Hall hotel project faces financing delay

August 18, 2016

Construction of a 21c museum and hotel slated to be built as part of a $55 million redevelopment of Old City Hall is not likely to start on time after the owner missed a deadline to secure financing.

DEMO – New owner of downtown office towers plans $5M in upgrades

July 12, 2016

Mission Peak Capital sees a big upside in spiffing up the buildings near Cummins’ new office project and a planned 28-story apartment building.

New owner of downtown office towers plans $5M in upgrades

July 12, 2016

Mission Peak Capital sees a big upside in spiffing up the buildings near Cummins’ new office project and a planned 28-story apartment building.

Key 38th Street corridor poised for renewal

June 2, 2016

A prominent Indianapolis developer is pursuing two projects totaling $32 million that would bring a grocery and 200 apartments to a neglected stretch near 38th and Meridian streets.

IUPUI student housing building spree to test demand

May 12, 2016

Four apartment projects totaling more than 1,000 units are either under construction or in the works near IUPUI, as developers capitalize on the university’s transition to a residential campus.

Developer proposing 12-story student-housing tower downtown

May 10, 2016

Georgia-based Landmark Properties wants to build the project on a triangular surface lot along Indiana Avenue that it’s buying from a local developer.

City seeks to lead redevelopment of downtown IPS site

April 27, 2016

The Hogsett administration is in discussions with school administrators to take over decision-making on the 11-acre Massachusetts Avenue property and might even buy the site.

IPS board chief recuses herself from Mass Ave land sale

April 8, 2016

To avoid appearances of a conflict of interest, Mary Ann Sullivan has removed herself from the bid process because of her husband’s ties to the two Milhaus bids.

IPS board postpones vote on proposals for Mass Ave site

March 16, 2016

Originally set to vote Thursday, board members decided they needed more time to examine proposals for redeveloping the former Coca-Cola bottling plant site and to get feedback from neighbors.

High-profile parcel at College and Mass might not be part of big redevelopment

March 10, 2016

Indianapolis Public Schools is considering five bids for its 11-acre site. But a sliver of land along Massachusetts and College avenues may go undeveloped, depending on which proposal is chosen.

Well-funded real estate newcomer turning heads

February 25, 2016

Out-of-state developer Hendricks Commercial Properties hopes to make a bold statement in Indianapolis with its $260 million pitch for a mixed-use project on a highly coveted piece of downtown land.

Bids to develop IPS Mass Ave site top out at $260M

February 17, 2016

The proposals for the highly visible, 11-acre site suggest a host of office, retail and housing options, with two calling for a boutique-style hotel.

Milhaus touts tech-focused offices, 450 residential units for Mass Ave site

February 12, 2016

High-profile startup High Alpha is helping Milhaus Development identify potential anchor tenants for the office portion of its proposed 825,000-square-foot project along downtown’s Massachusetts Avenue.

Developer pitches $220M project on Mass Ave site

February 11, 2016

A team led by Strategic Capital Partners wants to build 1.3 million-square-foot commercial development on downtown property that houses a former Coca-Cola bottling plant.

Apartment boom starts losing steam

February 4, 2016

Thousands of apartments have been built downtown in recent years to satisfy a voracious appetite for more rental housing in the city’s core. But demand for new apartments in the Indianapolis area finally appears to be softening.

City mulls cuts to plaza project after bids outstrip budget

December 28, 2015

Two bids for redeveloping the City-County Building’s southern plaza came in more than $6 million higher than the $10 million budget, forcing officials to reevaluate. Plus: Updates on the 21c Museum Hotel, Cummins distribution headquarters, and The Coil.

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