Carmel council clears way for hotel, apartments at Clay Terrace
Already, the project is having an impact on existing businesses, including Village Home Furniture and Clocks, whose owner said it plans to close the store this month, rather than move.
Development/Redevelopment
Articles
Kroger to build $20 million store in Brownsburg
Kroger, which anchors one end of the Brownsburg Square shopping center, will tear down the former Kmart at the other end of the plaza and build a new grocery store there. Plans call for several small retailers to backfill the existing Kroger store once the grocer moves to the new spot.
Pandemic prompts developer to reassess what to build next at Bottleworks District
Hendricks Commercial Properties has begun preliminary discussions on phase two, but hasn’t decided whether to stick with its original plan that emphasized office space.
Cummins to pay $4.5M for Greenwood site in revision to firm’s deal with city
Cummins announced last year that it planned to build a $35 million office building at the corner of Interstate 65 and County Line Road, but the pandemic has the engine maker rethinking how to best use that site.
Fort Harrison’s last historic building up for grabs
The building, which formerly served as the post exchange for soldiers stationed at Fort Benjamin Harrison, was offered for sale by the Fort Harrison Reuse Authority this week. Also this week: Tru by Hilton, Culver’s and more.
Near-north side area chosen for Lift Indy redevelopment program
The area 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.
Westfield reworks Grand Junction Plaza design to avoid $13 million budget overrun
Bids for the Grand Junction Plaza, a six-acre park meant to spur economic development in Westfield’s downtown, came in higher than the city expected.
Environmental work almost completed on former stamping plant property
Officials said remediation efforts are in their final stages, with final certification expected in the next few weeks. Elanco Animal Health Inc. plans to build a $100 million headquarters on the site.
Elanco HQ expected to anchor new development, park expansion on former GM site
Beyond the public company’s $100 million headquarters campus, city and state leaders expect 26 acres to be used for an expansion of White River State Park and new projects potentially with residential, retail and office uses.
Ambrose sells GM stamping plant property, withdraws suit against city
According to Ambrose, the sale resolves the year-long legal dispute between the developer and the city of Indianapolis that started after the company withdrew from the $1.4 billion Waterside development agreement involving the 103-acre property west of downtown.
Indy Chamber announces leadership change at Develop Indy
Indy Chamber executive Ian Nicolini has moved into the organization’s long-vacant role of chief operating officer, and Portia Bailey-Bernard has taken over Nicolini’s former position as the chamber’s economic development leader.
Upgrades planned at Mass Ave’s Davlan Park
The project, set for completion by next summer, will include additional outdoor seating for both Bru Burger and Starbucks. Also this week: 3 Days in Paris, The Tamale Place, Champp’s, Greeks Pizzeria
Owners of downtown towers plan $55M renovation, request $10M tax break
The Gold Building’s exterior overhaul is expected to completely replace the iconic gold panels with “crystal gray” panels from the third floor through the 20th.
Housing to target foster kids aging out of system
Community officials are hopeful a new east-side housing project focused on young adults aging out of foster care will go a long way in furthering the area’s efforts to reduce homelessness.
Entrepreneur plans restaurant, recreational project in Broad Ripple
A local entrepreneur plans to redevelop the former Broad Ripple Steakhouse restaurant site and an adjacent property into a multi-tenant dining concept and outdoor recreation area. The development would utilize numerous shipping containers in its design.
City preparing to open Assessment and Intervention Center next week
Mayor Joe Hogsett’s administration has described the new substance abuse and mental health treatment center as the first of its kind in the state.
Local contractor’s plans for former HHGregg headquarters fall through
Indianapolis-based Deem LLC wanted to use the 28.6-acre campus on East 96th Street for its corporate offices and those of several affiliate companies.
Buckingham withdraws plans for $70M project along Indiana Avenue
A formal withdrawal of project plans was filed Friday, Nov. 20 with the city of Indianapolis, although no reason was offered.
Bottleworks District announces four tenant openings beginning in December
Living Room Theaters plans to open in December followed soon after by YogaSix and GoodNeighbor, as well as a new coffee shop.
Apartments planned for low-income residents on 38th Street would raze blighted structures
The $10M project, known as Broadway Park Apartments, would include two buildings with a mix of one- and two-bedroom units, plus a community-minded ground-floor tenant such as a workforce readiness program or health clinic.