$8M townhouse development planned for north-side brownfield
The 20-unit townhouse project will consist of six buildings just south of 22nd Street, across from the development group’s M22 apartment project.
Development/Redevelopment
Articles
City weighing whether to award $40M in TIF, forgivable loan funds for Simon-led hotel, entertainment project
The $312 million project calls for a 170-room Shinola Hotel, a 4,000-seat live performance venue operated by Live Nation, an enclosed parking garage and a skybridge connecting to Gainbridge Fieldhouse.
Westfield City Council hears new $1.2B plan for Grand Universe development
The Westfield City Council on Monday night heard an introduction for the 66-acre development centered on space exploration and science education east of Grand Park Sports Campus.
Fishers pumps new life into aging Allisonville Road corridor
Once a thriving gateway on the west side of Fishers, the area has remained stagnant for nearly 20 years as places closer to Interstate 69, such as the Nickel Plate District and The Yard at Fishers District, have experienced rapid commercial and residential growth.
Lauth names new CEO, leader of multifamily division
The Carmel-based commercial real estate firm said longtime developer and real estate consultant Adam Broderick has been named the company’s chief executive.
Q&A: CIB’s Andy Mallon talks about Taylor Swift, Pan Am Plaza construction and more
Mallon spoke with IBJ about what it’s been like to oversee the board at a time when so much is going on.
Q&A: Architect Stephen Alexander talks about Stadium Village
The longtime architect said he wants to see the neighborhood replicate a sort of Olympic Village surrounding Lucas Oil Stadium. He talked to IBJ about the progress he believes the neighborhood has made toward that goal.
White River State Park reveals plans for $65M expansion on stamping plant site
The park will expand into 15 acres between the White River and Elanco Animal Health’s new headquarters and will include an event pavilion to be developed inside the remnants of a former crane bay that had been part of the original stamping plant.
Federal agents search Ohio home of prominent affordable housing developer
Millennia owns or operates roughly 280 apartment properties, including four affordable properties in Indianapolis.
Indy-area developer Drew Loftus sues partner for company records
Drew Loftus, a principal with Silverstone Development LLC, claims he has not had access to the company’s offices, calendars, communications or financial records since May.
Whitestown looks to proposed $110M project as next step for town
Indianapolis-based New City Development is formulating plans for Padgett Commons, which would be built on 40 acres of undeveloped property east of I-65 near the intersection of East County Road 550 South and Perry Worth Road.
Indy seeks developer proposals for dilapidated Central State Hospital structures
The proposal is for two dilapidated buildings left from the former mental hospital and a soon-to-be vacant facility that formerly housed horses.
Noblesville City Council OKs $250M development near Morse Reservoir with 650 homes
Indianapolis-based developer LOR Corp. plans to build the 175-acre Morse Village on the north side of Noblesville at the intersection of East 206th Street and Hague Road.
Glut of development creates challenges in finding subcontractors
While contractors have so far been able to keep up, the strain could get worse next year and beyond.
Why Lilly is pouring billions into LEAP
In recent years, the pharmaceutical manufacturer has seen dizzying growth in its pipeline for a wide range of diseases. And modes of drug delivery are becoming increasingly complex.
Q&A: Carmel native builds company by building community
How has Old Town Design Group consistently grown in spite of real estate market disruptions? And what is its plan for the future? Co-founder Justin Moffett addressed those and other questions.
Goals unmet, Infosys tight-lipped about future of campus
The company’s west-side, three-story, 160,000-square-foot building near Indianapolis International Airport, is more eye-catching than the airport parking lot that previously occupied that spot. But Infosys isn’t talking about what it is or isn’t doing at the site.
South Korea-based hotel firm planning high-end hotel with 215 rooms in Westfield
Plans call for the 215-room L7 Westfield hotel to be built on 6.5 acres in the Lantern Commons development near the intersection of U.S. 31 and 161st Street.
City commission approves abatement for Angi building apartment conversion
Plans for the 180-apartment project also call for an entertainment commercial tenant for 18,000 square feet on the second floor and a white box retail space on the west side of the first floor.
Luxury apartment complex at Westfield’s Chatham Hills nears completion
Missouri-based Mia Rose Holdings is developing the 250-unit The James at Chatham Hills on 21 acres in Westfield, marking the company’s entry into central Indiana.