Devington Plaza task force unveils ideas as residents, developer look for path forward
The neighborhood proposal comes as the group pushes New York-based Skysoar Capital Partners to reconsider its plan for the nearly abandoned site.
Development Proposals
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Developer plans $22M apartment, retail project with housing for veterans along Keystone corridor
The 92-apartment development, which would feature one- to three-bedroom units, would consist of market rate and reduced-income housing, with the latter meant to serve homeless veterans.
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Lennar seeks to build 168 homes at former Balmoral Golf Club in Fishers
The homebuilder has an $80 million plan to build 66 single-family houses and 102 town houses on 44 acres between Allisonville Road and Indianapolis Metropolitan Airport.
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City weighing whether to award $40M in TIF, forgivable loan funds for Simon-led hotel, entertainment project
The $312 million project calls for a 170-room Shinola Hotel, a 4,000-seat live performance venue operated by Live Nation, an enclosed parking garage and a skybridge connecting to Gainbridge Fieldhouse.
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Westfield announces plans for $27M downtown redevelopment project
Plans call for Ambrose on Main to feature 87 apartments, 6,000 square feet of plaza and courtyard areas, a 2,000-square-foot rooftop patio, 12,000 square feet of commercial space and a restaurant with outdoor seating.
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Articles
IU added to $2B suit over resort trade secrets
An Indianapolis partnership alleges one of the university’s professors and five former students interfered with contracts for a business development project in Puerto Rico.
Plan for Indiana Sports Hall of Fame shifts from Irvington to county fairgrounds
The hall of fame, founded in 2020, does not have a physical location and operates through its website and events.
Neighbors push back on east-side development proposal
An out-of-state investment firm with plans to redevelop a rundown east-side retail center intends to refine its approach to the project weeks after hearing objections from neighbors—some of whom have their own ideas for the property.
Developer proposes plan for mixed-use buildings at Grand Millennium in Westfield
The plan would feature approximately 366 apartment units, 60,000 square feet of medical office space, 12,500 square feet of retail space and 447 parking spaces.
Plan for 650 homes near Morse Reservoir in Noblesville faces resident opposition
Nearly 20 people expressed those worries Tuesday night to members of the Noblesville City Council during a public hearing about a zoning change that would allow development of the 175-acre Morse Village.
Whitestown looks to proposed $110M project as next step for town
Indianapolis-based New City Development is formulating plans for Padgett Commons, which would be built on 40 acres of undeveloped property east of I-65 near the intersection of East County Road 550 South and Perry Worth Road.
Indy seeks developer proposals for dilapidated Central State Hospital structures
The proposal is for two dilapidated buildings left from the former mental hospital and a soon-to-be vacant facility that formerly housed horses.
Carmel City Council OKs $19M TIF bond for Proscenium III project
Plans for the project call for 120 apartments, a 125-room high-end hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.
Westfield City Council rejects West Fork Whiskey’s 26-acre development plan
West Fork and M/I Homes Inc. had proposed building more than 100 town houses, a whiskey-aging warehouse, a pond, an outdoor concert venue, a dog park and more north of Grand Park Sports Campus.
Zionsville Town Council votes to reject South Village plan
Last week, Mayor John Stehr said he wanted to withdraw the South Village PUD ordinance from consideration because he did not believe there was enough consensus about the plan among council members.
Texas-based developer abandons Old Meridian Apartments project in Carmel
Old Meridian Apartments, a $60 million proposed project by Cross Development LLC, was called off because the city’s incentive for the project was not enough to make it feasible for the developer.
Drugmaker Novartis to expand nuclear medicine factory near airport, creating 55 jobs
Novartis Manufacturing LLC told a committee of the City-County Council on Monday evening that it plans to spend up to $125 million to construct and equip a 79,000-square-foot-building for radiopharmaceutical manufacturing and distribution on the city’s west side.
Mayor’s stadium plan faces more criticism, gets additional sponsors in introduction to City-County Council
Mayor Joe Hogsett’s plan to create an additional professional sports development area in downtown Indianapolis was introduced to the City-County Council on Monday with two additional council sponsors—and questions over the committee assignment for the proposal.
Proposed Fishers development features million-dollar condos, town houses, commercial space
Fishers-based North Acre Properties LLP plans to build 75 town houses, 45 condos and 20,000 square feet in the Hamilton Proper Planned Unit Development.
Carmel to seek outside funding sources for Monon Square South project
Plans call for the project to cost an estimated $47 million and feature a food hall, community gathering space, office space, apartments and a public parking garage.
Council committee OKs $12M in TIF funds for proposed north-side apartments
Plans call for the project, named Allison Pointe, to be built on a 10.5-acre undeveloped parcel in a small commercial park just south of Interstate 465, north of 82nd Street and west of Allisonville Road, between Castleton and Keystone at the Crossing
Zionsville mayor prepares pitch for big development
John Stehr is planning a public outreach tour throughout Zionsville to explain his plan for a 160-acre, $250 million development south of the town’s quaint, historic downtown.
Community Health planning major expansion of south-side cancer center
The addition would more than double the square footage of the facility and allow for expanded patient and staff services, according to a petition filed with the city’s Department of Metropolitan Development.
Local developers plan 12-story, $100M project along Indiana Avenue
The 1.46-acre project is expected to consist of 262 apartments, a four-story interior parking garage with 323 spaces and nearly 35,500 square feet of retail, office and amenity space.