Carmel puts 7-acre parcel up for grabs
Carmel is finally ready to redevelop the former Party Time Rental site on Range Line Road, a property in which the city has invested $4 million.
Development/Redevelopment
Articles
Site swaps could clear the way for $43M Mass Ave project
City officials are working on a deal that could result in a new headquarters and downtown station for the Indianapolis Fire Department, a fresh user for a vacant former car dealership, and long-awaited groundbreaking on a $43 million apartment and retail redevelopment on Mass Ave.
Ballard plans new redevelopment effort for Market Square site
Mayor Greg Ballard, in his annual State of the City speech scheduled for Friday, plans to call for new proposals for the downtown site that previously was home to Market Square Arena. The city expects the proposals to include a high-rise building with a major retail component.
Besides parking, garage could aid Broad Ripple
Some are hoping the structure will lure more business to the neighborhood.
Kite Realty is makeover artist for tired shopping centers
Having rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
Local housing projects get $3.4M boost from tax credits
The Indianapolis developments include new apartments for seniors, the developmentally disabled and homeless veterans, using sites such as Fort Harrison and the former Central State grounds.
LEADING QUESTIONS: Mainstreet CEO masters efficiency
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail on your smart phone? What's it like to take a company public? The real estate exec has answers.
Three years after opening, Indiana Design Center fills
Tenants include interior designers, artists, kitchen cabinet firms.
Architectural firm A2SO4 ordered to cease operations
The Indiana Department of Revenue has revoked the Indianapolis firm’s retail merchant certificate, alleging it owes more than $43,000 in taxes.
Downtown projects face crucial hurdles
Two downtown apartment projects seek critical government approvals in the next month, while another commercial project is on track to start this year.
City-County Council approves north-side TIF district
A new redevelopment area will be created on the north side, as the Indianapolis City-County Council voted 23-5 Monday night in favor of the North Midtown tax-increment finance district.
Butler Automotive snaps up 96th Street parcel for dealership
An affiliate of Butler Automotive Group bought more than 19 acres at the northwest corner of East 96th Street and Randall Drive in late December and is seeking permission from Carmel to build a structure that would house Butler Hyundai.
Airport neighbors team up on ‘AeroVision’
Mayor Greg Ballard is expected on Jan. 30 to lay out plans for a cross-county economic development area anchored by Indianapolis International Airport that promises to quell political divisions and clear the way for investment.
Flock plans overhaul of Old Northside apartments
Flock Real Estate Group plans to spend more than $1 million to renovate side-by-side Old Northside apartment buildings in the firm's largest solo project to date.
Lifestyle mall triggers wave of development at Interstate 69 exit
Five years after the Hamilton Town Center lifestyle mall opened at a sleepy interchange on Interstate 69 in Noblesville, the neighborhood is one of the hottest growth markets in the state for retail, residential and medical development.
Soccer stadium could be development springboard
Landing a North American Soccer League franchise might be the easiest part of Indianapolis developer Ersal Ozdemir’s grand plan, which includes building a downtown soccer stadium and surrounding it with retail and residential space.
$1.5M plan to salvage Di Rimini nears finish line
The bank that owns the hulking pile of code violations known as Di Rimini at the southeast corner of Capitol Avenue and St. Clair Street is poised to invest more than $1.5 million to finish the ill-fated project.
Group aims to create nation’s largest rugby complex
A long-vacant drive-in theater just east of Fountain Square soon could be home to the nation’s largest rugby facility. The Indiana Youth Rugby Foundation has raised $1.2 million for the ambitious project and is seeking another $500,000 to break ground this spring.
Plans afoot to redevelop Payton Wells properties
A local developer hopes to build a $20 million apartment and retail project on one of several Old Northside lots once used by the defunct car dealership Payton Wells.
Cassidy Turley offers mixed outlook on Indy real estate
The city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more cautious view on the office and retail sectors, predicting that uncertainty caused by political gridlock could hamper an already sluggish recovery.