The heavy investment in the campus—including a new women’s hospital and a brain and spine center—is the latest indication that Ascension St. Vincent is committed to the location, a major anchor along the busy West 86th Street corridor.
The neighborhood just south of downtown has been one of the city’s emerging residential hot spots the past several years—and commercial developers are taking notice.
Preliminary site plans filed with the city call for the construction of five new apartment buildings and the retention of a two-story office building on the 8.6-acre property.
The developer behind the Proscenium development in Carmel is expanding the project across the street, and an Indianapolis-based developer is planning to dive into the Carmel market with a $78 million project.
The bill, which scales back protections on Indiana wetlands, had gained support from the Indiana Builders Association, but numerous environmental, conservation and civic groups opposed it.
The Lebanon City Council is set to consider special zoning in May to allow for new row-house and cottage-style residences to be built near Lebanon Business Park.
Indianapolis-based KennMar LLC acquired the former Caribbean Cove water resort property on the city’s north side and another Drury hotel site at Interstate 465 and West 71st Street.
Developer Flaherty & Collins Properties was approved for up to $7.3 million in industrial recovery tax credits for its plans to build 238 apartments, a parking garage and retail space at the site, but the project has seen little progress since 2018.
The new Ollie’s store will be the fast-growing Pennsylvania-based chain’s fourth Indianapolis-area location, taking the site of the first Indianapolis-area Marsh grocery store.
The massive facility, which would employ hundreds of people, would be built on a 100-acre site adjacent to Interstate 74.
The State Road 32 expansion project in downtown Westfield hit a speed bump Wednesday when the Indiana Historic Preservation Review Board of the Department of Natural Resources voted to prolong the proposed route’s review by at least 30 days.
Ohio-based COhatch is planning to redevelop a 167-year-old former church building in Zionsville known as The Sanctuary, which previously housed the art gallery of late artist Nancy Noel.
The smooth limestone building at 3902 N. Illinois St. with streamlined Moderne design touches has been vacant since a brewpub closed there in 2018. Before that, it was a Double 8 Foods store and the Hoster-Hiser Ford and Lincoln-Zephyr car dealership.
Crew recently bought the property that contains the steakburger chain’s location on East 86th Street with plans to build a new carwash. But it contends in a lawsuit that Steak n Shake has refused to leave.
Jeremy Stephenson, who started 1820 Ventures a year ago after leaving Indianapolis-based apartment developer Milhaus, intends to develop the 103-unit project near the middle of the Elevator Hill campus.
A local developer and a Missouri-based startup view a former junkyard as a proving ground—for young athletes, and also for the firms’ goal to build a network of youth-sports developments.
The redevelopment of the former Greenwood Middle School site would bring hundreds of residential units, plus restaurants, retailers and a public parking garage to the city’s downtown.
Estridge, 63, said a recent lung transplant, along with other factors, convinced him now was the right time to step away from his company after nearly 40 years in the business.
The neighborhood will receive about $3.5 million in funding over the next three years from the U.S. Department of Housing and Urban Development Home Investment Partnership Program and the Community Development Block Grant program.
Town officials have grown “frustrated by a lack of transparency and communication from Loftus Robinson despite our multiple requests,” as well as the firm’s effort to continue batting away responsibility for the project.
