The 18.1-acre parcel is one of the few remaining undeveloped sites of significant size on Indianapolis’ northern edge. Although it’s bordered by homes, local brokers foresee commercial development.
Indianapolis-based mall owner Kite Realty Group Trust this month filed a request with the Marion County Board of Zoning Appeals to change zoning for some of the parking lots just east of the shopping center.
The Indianapolis Airport Authority, which owns the property, agreed to sell the land for $6.67 million to a real estate developer that owns several other properties in the area.
Local firm KennMar plans to turn a downtown law office building on East Washington Street into a Tribute by Marriott-branded boutique hotel with 90 rooms, a restaurant, a courtyard and a rooftop patio.
The project, known as Block 20, consists of developments on two sites near Mass Ave and is estimated to cost $40 million.
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.
Tony Knoble and Justin Collins have taken top positions at the development firm after the retirement of longtime execs Joe Whitsett and Dennis Dye.
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.
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.
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.
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.
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.
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.
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.
Kyra Rimsans had been a partner at Barnes & Thornburg.
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.
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.
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.
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.
Accutech Systems Corp., a wealth management software provider, said it intends to hire nearly 50 employees for jobs at the new headquarters.
