Not-for-profit planning $12M pocket neighborhood in Whitestown
A not-for-profit that helps adults with developmental or intellectual disabilities live in homes of their own is planning to develop the neighborhood on one of three sites in Whitestown.
Development/Redevelopment
Articles
Netherlands-based business eyes Indy area for $149M cold-storage facility
Netherlands-based NewCold, an advanced cold storage logistics company, is considering a 55-acre parcel along Council Drive in the Lebanon Business Park as a potential location for its new 384,300-square-foot warehouse.
Drury drops plans to recast former Caribbean Cove property, will sell land
The now-vacant land quietly went up for sale in July. It’s now under contract along with Drury Hotels’ Pear Tree Inn at 9320 N. Michigan Road
Westfield considers alternative trail crossing, new neighborhood, concrete facility
The Westfield City Council made no formal votes Monday night regarding the proposed Somerset development by Silverthorne Homes, Patch Development’s proposed concrete production facility or the potential for signalized crosswalk where the Monon Trail meets 161st Street.
$40M data center opens in northwest Indiana
Roughly half of the center has been leased for servers that’ll be connected to a fiber line to downtown Chicago.
Pandemic alters plans for downtown Lebanon projects
Lebanon’s campaign for new, mixed-use development downtown is off to a slow start.
Committee gives preliminary OK for $12.25M in TIF bonds for two projects
The projects include a two-building development in Broad Ripple that would serve as the headquarters for the staffing firm Eight Eleven Group.
City launches public survey to gauge public interest in reusing BlueIndy sites
The ideas the city received fell into four broad categories: public charging for e-bikes and scooters, public charging for electric vehicles, shared transit services and placemaking.
IndyGo adds two sites to list of possible property purchases
IndyGo has been evaluating possible expansion sites around the city in recent months because it has run out of room at its West Washington Street headquarters.
Franklin Township retail project picking up steam, adding self-storage and medical space
The owner of a 60-acre commercial development that recently took shape on former farmland in Franklin Township is planning a few new components, with long-term plans for at least a dozen more buildings.
Broad Ripple office project gets preliminary OK for $3.5M in bonds
A planned two-building office headquarters in Broad Ripple for staffing company Eight Eleven Group is another step closer to approval.
Virus shifts focus for Westfield developer EdgeRock
The company is slowing its rollout of ambitious commercial projects while turning to residential development as a way to support those signature endeavors.
Downtown church still hoping to redevelop adjacent lot on Mass Ave
Roberts Park United Methodist Church, 401 N. Delaware St., has planned for more than a year to build a five-story building with a day-care facility, parking, health clinic and office space atop the parking lot directly east of the church.
Trump used strategies common among real estate developers to shrink taxes
U.S. tax law has long been kind to big real estate developers. It allows them myriad legal loopholes and breaks that can significantly shrink their tax bills.
Platinum Properties might keep Grantham plan alive despite denial from Fishers
Even though rezoning for the proposed 290-home Grantham neighborhood on the east side of Fishers was denied this week, a new version of the project might be built anyway, the developer said.
Developers propose $36M multifamily project near downtown Fishers
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
City-County Council approves financing plan for convention center expansion
The Indianapolis City-County Council on Monday night voted unanimously to issue up to $155 million in bonds to pay for an expansion of the Indiana Convention Center at Pan Am Plaza.
$40M apartment project planned for Herron-Morton Place
The proposed project includes 234 multifamily units in the 2100 block of Central Avenue, along with nearly 12,000 square feet of new or redeveloped commercial space.
Noblesville planning to partner on $52.8 million redevelopment of former Marsh site
Indianapolis-based Cityscape Residential LLC is working with Noblesville to develop an apartment and office complex on the west side of the White River, along River Road and State Road 32.
Architect Stephen Alexander helping to sketch future of Old Southside
He has a big plan for the south side of downtown, but the plan is ever evolving and it will require hundreds of millions of dollars in investment and large-scale rethinking of development along the Interstate 70 corridor.