City, CIB break ground on $800M hotel, convention center expansion
The ceremony follows months of construction work beneath the plaza to stabilize certain structures, like Pan Am Tower, and prepare the site for a three-year buildout.
Development/Redevelopment
Articles
Developers revise plan for controversial $61M residential project north of Broad Ripple
The owners of Willows Event Center on Spirit Lake are reviving efforts to redevelop the site with apartments and townhouses, almost a year after withdrawing their proposal amid pushback from neighbors.
New TIF renews hope for fading Irvington strip mall
The strip mall was built in 1952 and for years served as a primary retail hub for the neighborhood.
Indiana lawmakers could further dilute state wetlands protections following SCOTUS decision
The Indiana Builders Association said the Supreme Court ruling provides builders and developers “more certainty in the federal permitting process,” and called the decision “a win for common-sense regulations and housing affordability.”
Stutz owner retooling plans for 275-unit apartment project
The rethought 2.4-acre Stutz II project is now expected to consist of two new structures and the reuse of an existing three-story office building.
Cunningham planning bar and restaurant for North Mass redevelopment
Plans call for the restaurant and bar to occupy an 8,500-square-foot indoor space at 1351 Roosevelt Ave., with a 6,000 square-foot patio for outdoor dining.
Trio of developers plans apartments, offices, restaurant in North Mass area
The plan calls for two projects from Stenz Corp., Pure Development and Third Street Ventures adjacent to The Box Factory. Another apartment development is also slated for the area.
Apartments, dance group headquarters planned for 42nd and College
In cooperation with city development officials, Midtown Indianapolis Inc. is making headway on a project to create low-cost apartments on both sides of 42nd Street, as well as retail space and a new home for Kids Dance Outreach.
State considers adding LEAP districts beyond Lebanon
Officials are eyeing a few commercial and industrial parks they believe could benefit from the model that puts the state in charge of acquiring land and master-planning a site.
Hogsett administration seeking new redevelopment proposals for Old City Hall
The city’s Department of Metropolitan Development is asking developers to pay at least $2.34 million for the 113-year-old building at 202 N. Alabama St., which was the seat of city government until the City-County Building was completed in 1962.
Lebanon to consider special zoning classification for part of LEAP district
The LEAP Lebanon Innovation District Planned Unit Development would set development standards for about 6,000 acres of the planned high-tech district in Boone County along Interstate 65 between Indianapolis and Lafayette.
Fishers City Council OKs major downtown development projects
The city council approved project agreements for three major developments announced last week, along with an economic development agreement for a compounding pharmacy looking to move to the city.
Zionsville to turn former golf course into nature preserve
Carpenter Nature Preserve, along Eagle Creek on the southwest side of the intersection of North Michigan Road and State Road 32, will be developed in multiple phases.
Keystone wants to rezone land on Kentucky Avenue near Eleven Park project
On the heels of breaking ground on the Eleven Park stadium district last month, Indianapolis-based Keystone Group is asking the city to rezone nearly 11 acres of surface parking nearby, opening up options for redevelopment in the future.
UPDATE: Fishers announces plans for $122.5M in new downtown developments
The projects include a $90 million age-restricted luxury apartment building and a $32.5 million “urban village” that will be anchored by a new headquarters for an Indianapolis-based multifamily developer.
Damien Center renovating former nightclub building for services center
The building at 1446 E. Washington St. was previously home to LGBTQ+ nightclub Zonie’s Closet and drag and karaoke nightclub Illusions.
Haughville pursuing vision to make Belmont Beach permanent park
Community leaders and volunteers are working to turn a site that was once a swimming hole on the White River for Black Indianapolis residents into a year-round destination.
Swayzee Loinz planning string of restaurants, starting in Westfield
The eatery under construction at Spring Mill Station is the first of 15 restaurants that hand-breaded tenderloin maker Swayzee Loinz plans to open in Indiana over the next five years.
Developer set to spend $51M on apartments, townhouses at Central State site
An Ohio-based firm plans to seek tax credits in its effort to develop dozens of apartments and townhouses on a seven-acre tract of land on the western edge of the Central State Hospital campus in Indianapolis.
City-County Council approves bonds for $510M convention center hotel
The vote was a crucial step in advancing the development of an 814-room Signia by Hilton hotel on Pan Am Plaza. The measure allows the city to take out up to $625 million in municipal bonds for the project.