The mall redevelopment is not the largest downtown project in terms of cost. But it will elevate a vast and critical piece of real estate as more than $9 billion in other downtown projects are slated to come to completion over the next decade.
The founders of Lille Bonne envision it as a coffee shop, as well as a venue for yoga classes, art classes, live music, speaking events and private meetings.
The company’s primary investment focus is unanchored shopping centers located in more affluent areas of major cities. Its founder sees Indianapolis “as one of the most attractive cities in the Midwest.”
Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.
The approval of a new plat map for the nearly 16-acre property in the 6200 block of East Washington Street comes as California-based developer Tallen Capital Partners LLC begins the process of developing a new master plan for the site.
A 196-unit mixed-use apartment and retail development in Carmel has been sold in a deal brokers called one of the most notable—and complex—sales of the year in the metropolitan area.
The Department of Metropolitan Development in August issued a request for proposals for updating the long-vacant, city-owned building at 3600 N. Meridian St.
The taxing district, known as a professional sports development area, or PSDA, would allow for the collection of various taxes to cover a portion of the cost for the 20,000-seat stadium.
The family-owned Mooresville restaurant that has become synonymous with comfort food in central Indiana wants to branch out into franchising. It projects startup costs for carry-out locations to be between $391,000 and $738,000.
Bardales Seafood was founded last year as a wholesale supplier to central Indiana restaurants. The business opened a Broad Ripple shop earlier this month to sell specialty fish to the public.
Renovations to the former Georgetown 14 Cinema are expected to cost $15 million as part of an operating agreement the dine-in theater chain has reached with building owner Fabio de la Cruz.
The connected buildings contain 161,500 square feet of office space, which is all leased to the Indiana Department of Health.
Indianapolis marketing and communications agency Well Done Marketing plans to move to a building constructed in 1861 that was once home to businesses operated by well-known interior designer and historic preservationist Sallie Rowland.
Loco Restaurant Group Inc. is branching out to a quick-service concept, plus an eatery focused on American cuisine.
As proposed, the project would consist of street-level commercial spaces and upscale three-bedroom, three-bathroom apartments on the second floor.
Popular East Coast chain Wawa and Missouri-based Wally’s travel centers are both planning Indiana locations.
North Carolina-based Bank of America has opened 19 area branches since entering the Indianapolis market in 2017, including a new one in Carmel. It plans to open at least three more by 2025.
The nearly 15,000-square-foot building, about two miles south of the new Window to the World project along Lafayette Road, will be called the International District Community Center.
Pre-leasing has begun on two buildings planned for the entrepreneurism-innovation district: a 100,000-square-foot laboratory building and a 40,000-square-foot office structure that would be dedicated to sports- and health-focused tenants.
The three-phased move is intended to create a dense grouping of professionals in the core of downtown and save taxpayer dollars, the city said Monday.
