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.
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.
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.
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.
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.
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.
Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”
Noblesville-based Bedrock Builders Inc. is embarking on a $142 million, 274-acre, master-planned, multi-use development smack in the middle of the city’s Corporate Campus.
Westfield-based Henke Development Group had its development plan for a nearly 79,000-square-foot clubhouse featuring a slew of golf- and non-golf-related amenities approved this week by the Zionsville Plan Commission.
Innovation Mile, as it would be called, aims to bring medical technology, life science innovation, wholesale trade, professional and technical services companies to Noblesville by offering shovel-ready sites and shared amenities.
The $200 million headquarters development plan by Indianapolis-based Republic Airways Holdings Inc. and Kite Realty Group Trust would result in Republic becoming the largest employer in Carmel.
Indianapolis-based Cornerstone Cos. Inc. said it teamed with the New York City-based global investment giant to acquire and develop more than $1 billion in real estate assets over the next few years. The deal includes the recapitalization of 25 Cornerstone properties.
City officials on Monday released a long-anticipated request for developers to submit ideas for reuse of the 28-story Indianapolis City-County Building, along with studies that show it would take more than $35 million in basic upgrades to repurpose the structure.
A recent change in leadership at Carmel-based Merchants Affordable Housing Corp. has turned the not-for-profit’s attention to creating more units, both near and far from home.
Back 9 will feature a three-story building with 75 golf bays, a 350-person music pavilion, and a handful of bars and restaurant spaces, as well as meeting areas and a game area.
Plans call for the updated Stutz, purchased earlier this year by New York-based SomeraRoad Inc., to feature new event areas, co-working space, more retail and restaurant offerings, new outdoor spaces and an updated facade.
Plans for a new hotel across from Shapiro’s Delicatessen in downtown Indianapolis are moving forward after a year-long delay caused by the pandemic—now with a new name and a more experienced development team.
Plans call for the 45,000-square-foot library to be built on 3.6 acres at Westfield Boulevard and Park Street in downtown Westfield.
Earlier this month, the Democrat-controlled City-County Council voted 20-5 for new development standards that add residential and mixed-use districts to push bus usage, walkability and density county-wide.
The centerpiece of the project—transforming a 40,000-square-foot former factory into an arts and cultural space—has not begun, but home renovations and greenspace development are underway.
