Developer behind $22.6M renovation of Mass Ave trustee building secures incentive from IEDC
Indianapolis-based Landmark Properties Inc. has agreed to terms on a $2 million redevelopment tax credit to support the project across from Bottleworks.
Development/Redevelopment
Articles
Official: IEDC courting $55B in potential deals for Boone County project
A top official for the Indiana Economic Development Corp. said numerous companies are considering major investments in the planned advanced manufacturing and tech hub in Boone County known as the LEAP District.
Developer planning $75M residential project along Nickel Plate Trail in Fishers
The Fishers City Council on Monday night approved an economic development plan for the project, which would include apartments, condominiums and townhouses.
Developer proposes 260-acre residential development in Zionsville
The Wild Air development would include would include eight different “block” areas with hundreds of single-family homes, townhouses and apartments, as well as some retail space.
Columbia Club eyeing rooftop upgrades with deck, dining space estimated at $10M
The rooftop plans call for an outdoor deck with seating for more than 50 people, as well as an indoor space with a small kitchen, a bar and table seating for another 50 people.
Council committee OKs financing for affordable, workforce housing projects
Two projects—one in the International Marketplace and another on the north side of Indianapolis—have been approved for financing by the City-County Council’s Metropolitan and Economic Development Committee.
Could downtown heliport play a role in attracting aviation innovation?
Is the Indianapolis Downtown Heliport an impediment to development in the Market East Cultural District, or is it a key asset in the future of the city’s aviation landscape, maybe even a future hub for air taxis?
Whitestown planning $20M aquatic facility at former junkyard site
Town officials plan to break ground on the $20 million aquatic facility in late 2023. The facility is expected to open in 2025.
Developer planning townhouses, duplexes along 146th Street in Carmel
Farmington Hills, Michigan-based Schafer Development LLC is seeking city approval to rezone the land. Pulte Homes of Indiana LLC would be the builder for the 14-acre development.
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.
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.