Kittle to develop $54M workforce-housing project in fast-growing Whitestown
To help support blue-collar workers, Meadows on Main will be income-restricted and serve individuals and families generally making 40% to 70% of the area’s median income.
Development/Redevelopment
Articles
City pushes for more affordable housing in trio of development requests
The Department of Metropolitan Development is calling for proposals for vacant, city-owned sites in Martindale-Brightwood, in the Sherman Park area and on the near-west side of Indianapolis.
Elanco eyes early 2022 groundbreaking for stamping plant HQ project
Elanco Animal Health Inc. officials say they expect to break ground on the company’s new $100 million headquarters just west of downtown Indianapolis in early 2022 after fine-tuning plans for the project with city and state officials.
Local firms set to redevelop former Kroger store in Broad Ripple
Gershman Partners and Citimark plan to raze the grocery to make way for a new mixed-use project, though plans for the development are still in the works.
Under-the-radar developer poised to redefine Lafayette Square neighborhood
Fabio de la Cruz has a plan to transform Lafayette Square Mall and several adjacent properties into a multicultural hub, including a concert center, movie theater, hotel and multifamily housing.
Trio of industrial buildings planned near Ruoff Music Center
A Carmel-based development firm plans to spend $70 million or more to turn agricultural fields in Noblesville into the site of three industrial buildings called Saxony Industrial Center.
Fast-growing Sweetgreen, ‘the Starbucks of salads,’ to debut in Indiana with north-side restaurant
The national fast-casual salad chain is in expansion mode as it prepares to become a public company. Filings with the state show that it’s also considering a downtown Indianapolis location.
Long-delayed Speedway hotel project slated to get new developer
A Georgia-based development firm said Monday it hopes to take the reins of the Wilshaw hotel project across from Indianapolis Motor Speedway, with hopes of completing construction by early 2023.
Indianapolis Opera takes shows on the road after buying its headquarters
Crews are spiffing up the grounds at the Basile Opera Center, the latest move in a rebirth of sorts for the opera company, which in August purchased the former church at 4011 N. Pennsylvania St. it’s been leasing for 10 years.
Cultural Trail breaks ground on $30 million expansion
The Indianapolis Cultural Trail Inc. is starting work on its 2-mile expansion, the trail’s first extension since it opened in 2013.
Two Noblesville businesses plan to spend $11M on new HQ buildings
The city has a preliminary agreement in place with WoodTurningz Inc. and Texon Towel and Supply Co. to abate most of their property taxes over the next eight years if the companies meet hiring goals.
Bottleworks’ second phase moving ahead with no residential but greater emphasis on office space
The second phase alone is likely to take about three years to build, with construction commencing in mid-2022 at a tentative cost of nearly $100 million. The total project cost is expected to push $300 million.
Carmel offers new details on $47M ‘1st on Main’ development
Plans call for the 1st On Main development—previously known as Lot One—to include a four-story office building with first-floor restaurant space and a private rooftop terrace, luxury condominiums, upscale apartment units and a parking garage.
Demand swamps units at new disabled housing projects
Three developments have opened this fall: one just south of Indianapolis International Airport, one on the near-east side, and one in Fishers. A fourth is planned for Whitestown.
Indy plans to use $16.5 million to improve deteriorating city playgrounds
More than two dozen Indianapolis parks will receive funding allocated to Indianapolis under the American Rescue for renovations to their playgrounds, Mayor Joe Hogsett’s administration announced Thursday.
Lebanon plans 95-acre development anchored by $25M sports facility
The massive hospitality and entertainment district is slated to be anchored by a $25 million multisport venue surrounded by apartments, hotels, medical office buildings, restaurants, stores, senior-living facilities and condos.
Developer puts Mass Ave office building across from Bottleworks under contract
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
Shimmering hotel, office center planned along downtown’s Canal Walk
Featuring an exterior of clear and light-colored glass, the building would replace the current headquarters of the American College of Sports Medicine while giving the group a new home.
Potential transformation of City Market could cost up to $35M, report says
City officials will present the results of the 209-page report on potential options for redevelopment at a City Market board meeting Thursday, along with concrete plans for $5 million in maintenance and basic improvements.
Here’s a peek at downtown’s newest hotel before it opens in October
The $35 million boutique hotel at 141 E. Washington St., at the corner of Delaware Street, will open in a remodeled 60,000-square-foot building that was constructed in 1969 for State Life Insurance Co. and was the home of local law firm Riley Bennett & Egloff from 2003 to 2019.