Council OKs $7M in developer-backed bonds for Block 20 project
The project, known as Block 20, consists of developments on two sites near Mass Ave and is estimated to cost $40 million.
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New York firm sells south-side shopping center, buys north-side complex in Castleton
Nassimi Realty was a key player in two transactions totaling $15 million, offloading a retail center dominated by dollar stores and acquiring a complex directly east of Castleton Square Mall.
Local apartment development firm TWG changes leadership
Tony Knoble and Justin Collins have taken top positions at the development firm after the retirement of longtime execs Joe Whitsett and Dennis Dye.
Education startup plans $16M headquarters, charter school building on west side
Crossroads Education, a startup founded in 2016 that develops learning environments for K-12 schools and colleges, needs the city to rezone the property in Haughville and get approval for the height of the building.
Holladay Properties is more than just AmeriPlex
Beyond the 1,500-acre industrial park near Indianapolis International Airport, the developer has launched a broad range of residential and commercial projects in Marion and Hamilton counties, from the redevelopment of the Milano Inn site downtown to the Grand Park Events Center in Westfield.
Lids Sports Group leaving Zionsville HQ for smaller office space
Three years after moving into a brand new $22 million headquarters building in Zionsville, Lids Sports Group is moving its offices to the northwest side of Indianapolis.
Carson’s spot in Circle Centre empty year after closing
One year after the closure of Carson’s at Circle Centre, city and mall officials are still looking for the right tenant—or mix of tenants—to fill the massive footprint.
Hotel, restaurants planned for ripe parcel at I-74 and Post Road
The Post Road exit is the last major off-ramp before I-465 when approaching Indianapolis from the east on I-74. It’s considered one of the least-developed interstate exits in the Indianapolis area.
Council committee OKs up to $7M in bonds for downtown Block 20 project
The financing plan for the two-site $40 million project near the Athenaeum was advanced by a City-County Council committee just days after a group opposed to the project accused the developer of unprofessional conduct.
IBJ Podcast: Why tech execs bought The Vogue in Broad Ripple
High Alpha’s Eric Tobias talks with podcast host Mason King about what he and two other tech execs plan to change at the 81-year-old venue (think glass barware and a larger green room)—and what they think the club is already doing well.
Flaherty & Collins hires law firm partner
Kyra Rimsans had been a partner at Barnes & Thornburg.
Filling Anthem space on Circle ‘not going to happen overnight’
Little progress has been made in replacing Anthem Inc. in the Monument Circle building that, until the end of last year, served as headquarters for the Indianapolis-based health insurance giant.
Sheet-metal firm planning $4.2M expansion, 40 hires for new unit
Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.
Timetable for City Center projects stretches past projections
Debt payments will be due before all the buildings are completed. But Carmel officials say the delays shouldn’t cost taxpayers because of safeguards the city and the developer put in in place years ago.
Long-simmering church redevelopment project in Cumberland receives tax breaks
Work finally has begun on construction of a 60-unit apartment project for seniors behind the former St. John United Church of Christ, which will receive $1.5 million in preservation work.
Investment software maker plans $5.5M HQ in old Sears store
Accutech Systems Corp., a wealth management software provider, said it intends to hire nearly 50 employees for jobs at the new headquarters.
Tiny-house enclave by Lucas Oil Stadium offers tourists pint-sized lodging
The so-called Tiny House Hotel is a big part of an effort to attract fans of miniature abodes to the city.
Shell of former gas station on cusp of Meridian-Kessler to become office building
Real estate agent and nearby resident Kelly Lavengood says she was inspired by other rehab projects in the area to buy and renovate the former Pure Oil gas station on 38th Street.
Harrison Centre in Lawrence once again up for sale
The building, 9105 E. 56th St., anchors the 20-acre Harrison Commerce Park at Fort Harrison. The property has changed hands three times in the past eight years.
IPS sees ‘tremendous market’ for Broad Ripple site, but first needs change in law
Indianapolis Public Schools offered a comprehensive analysis Tuesday, showing strong demand for housing, retail and office development on the 16-acre site of the closed Broad Ripple High School. But that can’t happen without changes to state law.