The funds are expected to help the neighborhood and its partners invest in upgrades to the area’s local park and improve the infrastructure of South Meridian Street, as well as build several hundred new units of affordable housing.
The city is in the process of setting up “redevelopment areas” surrounding North Post Road between 38th and 42nd Streets, the West 38th Street area known as International Marketplace, and a corridor of Brookville Road that contains the former Navistar and Ford Visteon plants.
The Capital Improvement Board has selected a Kite Realty Group plan from among three proposals in its effort to expand the city’s convention capacity. The CIB is expected to vote Friday to move the project forward.
Scott Kreider, who was elected to the council in 2015, is one of 11 Republicans on the 25-seat council.
In Marion County, a total of 1,309 voters cast a ballot during the first three days of early voting last week. That’s nearly triple the amount of early voting during the same time period in 2014 for the last midterm election.
The administration plans to spend $126 million on roads and bridges in 2019, about $30 million more than is slated to be spent this year.
City officials and business are already considering how Market East Cultural District and the neighborhood of Twin Aire will change when courts-related public employees move in 2022.
Indianapolis Mayor Joe Hogsett said Wednesday that he is working with the City-County Council on the proposal and that the language is being vetted by city lawyers. The measure is opposed by advocates for the homeless.
The Indianapolis City-County Council on Monday night unanimously passed a proposal to give $16.7 million in financing to help Keystone Realty Group overhaul two problem downtown office buildings.
The Battista family’s plan to redevelop a Prohibition-era church building on the east side into an independent cinema and eatery has changed dramatically. And so has the project’s price tag.
Keystone Realty Group’s plan to spend $141 million on two high-profile downtown redevelopment projects passed a hurdle Monday night as an Indianapolis City-County council committee unanimously approved $16.7 million in financing to help fund the project.
Proponents say the plan would curb panhandling, but critics say it would unfairly target the city’s homeless population.
Keystone Realty Group is in line to receive financing help from the city for an ambitious plan that would overhaul two nearly vacant office properties near Monument Circle and bring a prestigious Intercontinental Hotel to Indianapolis.
Mayor Joe Hogsett and other city leaders held a recycling forum at Garfield Park in 2016, and urged attendees to think big. But two years later, not much has changed on the recycling front.
The biggest drags on municipal finances stem from rising wages and the need to rehabilitate aging infrastructure.
The selection comes a year ahead of the city’s municipal elections, where all 25 seats on the council will be up for grabs. The council currently has a 14-11 balance in favor of Democrats.
The debt, which would be secured by future revenue the city expects to receive from county option vehicle taxes and the increased gas tax, would be on the books for 20 years.
In Indianapolis, the task of monitoring and advocating for public art falls largely to the Arts Council of Indianapolis. It's a private not-for-profit, though its funding includes an annual $1 million allocation from the city.
Airbnb reported that Indiana renters hosted 175,000 guests in 2017, who collectively earned more than $21 million by making their spaces available to travelers. But some homeowner groups want to ban the practice.
The Indianapolis-based drugmaker has appealed its annual tax bill for its two massive campuses south of downtown every year since 2012.
