About three years after first breaking ground, Indianapolis-based Strategic Capital Partners LLC has already brought to market about two-thirds of the 80-acre project, known as 65Commerce Park.
No longer in a renovated barn, the Rail reboot will be reminiscent of original business model that combined sandwiches with a market.
Cincinnati-based Uptown Commercial Partners plans to invest nearly $29 million to build the facility on a 40-acre site just east of the Graham and Whiteland roads intersection, and west of Interstate 65.
According to plans approved by the Indianapolis Historic Preservation Commission this month, Landmark Properties plans to make several changes to the five-story building to attract office and retail tenants.
Percolating under the radar for two years, the first phase of Hobbs Station is expected to feature 300 apartments, 99 single-family homes and 500,000 square feet of logistics space.
The disclosure of the group’s composition is the first since the mall opened in 1995, and comes about one week after Circle Centre Development acknowledged Simon Property Group’s exit.
The new building will become the doughnut company’s first Indianapolis store since closing other locations more than a decade ago.
The remaining owners announced Friday that they were soliciting ideas for ways to redevelop the shopping center with an eye to multiple uses.
The city on Wednesday confirmed it has received an incentive application from Sojos Capital LLC for tax-increment financing but declined to provide additional details.
A pair of Southern California firms bought the properties—which total just over 1.1 million square feet—in a deal with Indianapolis-based Mann Properties LP that quietly closed in late 2021.
Three of the upcoming dining options are owned by restaurateurs who already have locations in The Garage, part of the $300 million Bottleworks development on Mass Ave.
Company announces it is finalizing plans to secure 26 acres of undeveloped land along Whitestown Parkway.
Real estate executive Turner Woodard has closed on the acquisition of the former Horton Fan Factory in Carmel and plans to market it to an array of potential users.
After saying last week that the 40-year-old stand-up club was history, owner Ruth-Anne Herber announces a change in plans.
Rowland Design—one of the city’s largest and oldest commercial interior design firms—is changing its name to Luminaut Rowland in Indianapolis after being acquired by Luminaut, one of Cincinnati’s largest design firms.
Onyx+East is expected to appear before the Indianapolis Historic Preservation Commission on Wednesday for a preliminary review of the $6.5 million project.
Salesforce and other major employers are continuing to evaluate their long-term plans for downtown office space, nearly two years after the pandemic sent companies scrambling to accommodate working from home.
Hiring 100% diverse contractors to build a $15 million medical-device manufacturing facility was considered difficult, if not impossible, by many in the construction industry.
The Indianapolis-based formalwear shop says the decision to expand is a result of growth in the bridal and prom industries, as well as the need for a larger retail space on Indy’s north side.
As planned by Chase Development Co. and Birge & Held, Lincoln Lofts in the rebounding Bates-Hendricks neighborhood would be reserved for individuals and families making up to 60% of the area’s median income. The project would mean demolition for the former Abraham Lincoln School, IPS No. 18.
