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.
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.
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.
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.
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.
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.
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.
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.
Just 12 years after opening to great fanfare, the future of the $150 million center, a partnership between the Indiana University School of Medicine and Indiana University Health, is full of questions.
The Human Bean, which opened its first shop in 1998, is coming to Westfield. The local franchisee said he’s scouting Hamilton County for more sites. Also this week: Noble Roman’s, Big Woods and more.
Ohio-based Republic Development and Carmel-based J.C. Hart have entered into an agreement with Hamilton County to buy a parking lot and develop a 226-unit apartment building with retail space and a 350-space parking garage.
To plan development, mayor is scheduling public-input sessions that will shape a request for proposals the town plans to issue within six months.
Overall attendance at Indiana Convention Center events has stagnated, but annual major conventions have seen explosive growth.
Its owners are planning to begin construction on a new, bigger building this fall, following the January fire that gutted its original home. Also this week: The W Nail Bar, Crazy Tortas.
Carmel-based SEP and Indianapolis-based developer Pure Development Inc. are partnering to build the 70,200-square-foot facility in Westfield by the end of next year.
The launch of a $63 million project to add an interchange and rework another is likely to fuel a new blitz of commercial development in the state’s fastest-growing town.
IndyGo is on the hunt for additional space because its staff and bus fleet have grown in recent years, making its current headquarters on West Washington Street too small for its needs.
Ratio is architect for the $550 million project by Kite Realty Group Trust that includes a Signia Hilton, an expansion of the Indiana Convention Center and—eventually—a second, 600-room Hilton-branded hotel.
The redevelopment will exacerbate a challenge already weighing on Marion County: huge swaths of land off the tax rolls because they are owned by not-for-profits and are being used for purposes related to the groups’ missions.
The proposed complex next to the Madam Walker Legacy Center would include about 344 apartment units ranging from studios to three bedrooms, with most of those likely used by IUPUI students.
