Visions for the empty historic building
range from offices to a museum. Two developers propose a boutique hotel on an adjacent parking
lot. Video bonus: Tour the landmark’s interior.
Ice Sports and Entertainment, the owner of the Indiana Ice hockey team, announced Wednesday afternoon that it plans to
build a complex that could contain up to four skating rinks and house the Indiana/World Skating Academy.
The 34-story hotel, the city’s largest, is scheduled to open in 2011.
BOS Community Development Corp., created in 1982 to revitalize the Indiana Avenue and Midtown area, says its mission is accomplished.
Paul Kite Co. has applied for a rezoning of the 16.5-acre site to allow for
non-airport uses.
The troubled Indianapolis City Market is looking East for a new direction. This summer, its executive director, Jim Reilly,
visited Philadelphia and Cleveland to observe their successful urban markets and seek pointers that might be applied here.
Premier Properties USA Inc. is scrambling to keep up with bills for basic services including snow removal,
security and interior design—more signs of financial troubles for the developer of Metropolis in
Plainfield and the proposed Venu project in Indianapolis.
An IBJ review of hundreds of pages of public records shows Christopher P. White and his Premier
Properties USA Inc. are facing major financial and legal challenges. The most glaring signs of trouble: Contractors have filed
more than $3.5 million in liens against Premier’s retail properties in Plainfield; the state of Indiana is trying to
recover $375,000 in sales taxes on White’s airplane; and the contractor who renovated his Lake Clearwater mansion
is suing him to recover more than $600,000 in unpaid bills.
Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.
The Shelton, a five-story building on Delaware Street, is getting a $3 million makeover.
A salvage company is leasing the Bush Stadium field from the city parks department to store vehicles it collected in the federal
Cash for Clunkers program.
Indianapolis-based Duke Realty Corp. announced Monday that its chief operating officer will leave the company at the end of
the year.
Work is on schedule for a new headquarters for The Nature Conservancy of Indiana, which includes a variety of first-in-Indianapolis
"green" features. Tour the building
through IBJ’s narrated slideshow.
The most obvious use for the old Wishard site is an expansion of the Indiana University School of Medicine, particularly for
medical research space, university administrators said.
J. Greg Allen sees the $14 million Allen Plaza renovation as a message to city leaders that he intends to leave
a lasting mark on downtown.
Four properties for sale along a two-block stretch of East Market Street downtown are likely to offer the first signs of what’s
in store for an area real estate brokers think will get a boost from the recent removal of the Market Street interstate ramp.
The Indiana Finance Authority declined to sell a 19-acre development parcel between the White River and Fall Creek near downtown Indianapolis after it received only two bids at an auction Thursday.
Will it be harder to attract businesses to the Newport Chemical Depot than to sell a house where a grisly murder took place?
The owner of the vacant former Fall Creek YMCA along West 10th Street is seeking bidders interested in tearing down the building
and redeveloping the prime 2-acre site.
Hendricks County’s moves to entice a developer to build a conference hotel in Plainfield could further crimp plans
for
a
hotel attached to the new Indianapolis International Airport terminal.
