A local developer’s $12 million project is transforming a four-story office building and five acres of surface parking lots adjacent to The Fashion Mall at Keystone into a new retail and restaurant destination.
After property tax caps crimped local dollars in Zionsville and a school funding referendum failed, many residents have decided it’s time to attract more commercial development. But they are tangled in a hot dispute over how to achieve that goal.
A Marion County judge has appointed a receiver to take control of three properties involved in a long-delayed redevelopment proposal for College Avenue between 49th and 50th streets.
Lifeline Data Centers, which bought Eastgate in 2008, plans to invest $10 million into the property this year if the Department of Public Safety moves forward with plans to lease 78,000 square feet.
City officials are seeking bidders for the first phase of Indianapolis’ largest-ever public works project, an underground tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
The Indianapolis Airport Authority plans to hire a broker to market the 16.5-acre campus along Washington Street near Indianapolis International Airport once used by ATA Airlines. It has been vacant for three years.
A small private school that serves gifted and talented students intends to move to a downtown building that has been vacant since a daycare center moved out three years ago.
This year’s list compiled by Indiana Landmarks includes the Taggart Memorial at Riverside Park in Indianapolis and a portion of historic downtown Greenwood.
Platinum Properties LLC, an Indianapolis upscale residential real estate developer, sought Chapter 11 protection on Monday, listing several huge debts to prominent local businesses and business people.
A proposed 64-acre development west of U.S. 31 in Carmel would help satiate a craving for retail, but it faces a tough fight from neighborhood groups that want to preserve the thoroughfare’s residential character.
IBJ gathered advice from local and national experts about what should be done to improve the city’s most prominent public space and where Indianapolis should look for inspiration.
Cicero-based developer Mainstreet Property Group LLC plans to build a $13.3 million senior health care center in Westfield. The 65,000-square assisted living facility will employ about 150 people when it opens in 2012.
Sixteen years after the former Essex Hotel was razed, the site remains a parking lot although a 1990 agreement with the city required its owner to develop the space within five years if the building were torn down.
Allison Transmission plans to invest $89 million to grow its headquarters and manufacturing operations, creating as many as 205 jobs by 2013.
The town of Speedway will reroute West 10th Street to help Allison Transmission consolidate its parking lots and accommodate new employees tied to a hybrid transmission the company is developing.
The $156 million North of South project is a complicated, risky and potentially transformative bet on downtown.
The main hall is being improved as the east wing is converted to a hub for bicyclists.
McGowan Insurance Group plans to build a $2.75 million, 19,000-square-foot building at 355 Indiana Avenue.
City grants approval Tuesday morning for the reuse of Meridian Street building that WFYI vacated in May 2008.
New apartment projects carrying premium rents are popping up all over downtown, but the strong demand for urban living isn't providing much of a boost for the condo market.
