Noblesville approves $9.5M bond, tax breaks for Bastian Solutions HQ
The company plans to create 250 jobs over the next five years in Noblesville with an average salary of $67,000 and retain and relocate 400 employees to the new corporate campus.
Development/Redevelopment
Articles
Local developers planning 200-acre project on city’s northwest side
Two development companies are seeking city approval to rezone multiple parcels between West 79th and West 86th streets just west of Interstate 465 as the site for a $500 million mixed-use development.
Land donated by famed crossword puzzle editor to become Indiana park
The 47-acre parcel is owned by Will Shortz, a Crawfordsville native and longtime crossword puzzle editor for The New York Times, who grew up on the land he is donating for the project.
Developer looking to build 400-unit apartment complex in Whitestown
The Maddox would include 11 residential buildings on about 33 acres near the intersection of East Whitestown Parkway and Cardinal Lane in Whitestown.
Building across from future Eleven Park site expected to house new restaurant
A local entrepreneur is in the early stages of redeveloping a 5,400-square-foot building, anchored by a pizza restaurant, directly south of the Indy Eleven and Keystone Group stadium district project at the former Diamond Chain Manufacturing Co. site.
Fishers City Council adopts Allisonville Road corridor study recommendations
The 96-page study by Indianapolis-based HWC Engineering examines the Allisonville Road corridor between East 106th and East 126th streets.
Kroger again planning grocery relocation at busy Fishers intersection, study says
Kroger plans to move from its store at 7272 Fishers Crossing Dr. across Allisonville Road to the site of a former Marsh Supermarkets store, according to a consultant’s study commissioned by city officials.
Developers want to turn Carmel office park into a neighborhood
The city and Philadelphia-based Rubenstein Partners are developing plans to transform the eastern half of Parkwood Crossing into a neighborhood with office space, housing, restaurants, retail, recreation and a new street grid.
Speedway’s Wilshaw project facing more delays after developer fails to disclose SEC trouble
Town of Speedway leaders are pumping the brakes on a proposed $2.5 million loan to help pay for the long-delayed Wilshaw hotel project after learning that one of the companies involved wasn’t forthcoming about federal fines for past business dealings.
Speedway considering gap loan for $35M Wilshaw hotel project
The upscale hotel project across from Indianapolis Motor Speedway has gone through numerous delays since being announced in 2015. A new developer took over in late 2021 but has yet to restart construction.
Construction on 400-unit apartment community finally to begin at former Pittman Farms
A five-year legal battle among members of the Pittman family delayed the project. Those disputes were settled two years ago.
City looking to establish development plan for Indiana Avenue corridor
The Department of Metropolitan Development on Thursday issued a request for expressed interest, or RFEI, which will allow the officials to gauge the appetite developers have to devise an overall plan for the Indiana Avenue neighborhood.
Tale of two downtowns: $9B set to be invested in projects, even as business district struggles with recovery
Many parts of downtown are thriving—particularly neighborhoods, where rents are rising, people have to stand in line for a lunch table, and investments are flowing. Other parts—especially downtown’s central core, where many workers might come to the office only once or twice a week—are limping along, pockmarked by vacant storefronts, panhandlers and crumbling sidewalks.
Keystone unveils renderings for $1B Eleven Park; demolition to start in May
The developer plans to put a 20,000-seat soccer stadium for the Indy Eleven right along the White River, which is on the western edge of the former Diamond Chain manufacturing site.
Architect hopes to build on momentum along White River on downtown’s west side
As envisioned by Stephen Alexander, the partially redeveloped area west of the White River would be known as Stockyards District. Indianapolis-based Hotel Tango Distillery is in the process of relocating and consolidating its production, warehousing, and fulfillment operations to the area.
Hamilton County planning new 911 communications center in Noblesville
Plans call for newly constructed 50,000-square-foot facility to house a dispatch center, emergency management center and a child care facility for Hamilton County employees.
Council committee OKs $18.8M in TIF bonds for City Market East
A City-County Council committee passed a group of proposals Monday night to set the stage for the upcoming $180 million City Market East project.
Architects push for restoration of historic preservation tax credit
The effort is meant to create more incentive for developers to rehab vacant, deteriorating institutional structures in communities throughout the state.
City eyes updates to Union Station overpasses
City officials plan to pour at least $10 million into structural and aesthetic improvements to five CSX railroad overpasses and the sidewalks and roads that run beneath them on the south side of downtown.
Downtown’s Allen Plaza sold to local investment group
The building’s 58,800 square feet of office and retail space is now mostly vacant, following exits in recent years by Scotty’s Brewhouse, HomeAdvisor and third-party logistics company Backhaul Direct.