Last large undeveloped Meridian Hills plat for sale
A 4.3-acre, wooded site along Meridian Street in Washington Township that has sat vacant and undeveloped for decades is on the market for $1.9 million.
Development/Redevelopment
Articles
IPS sees ‘tremendous market’ for Broad Ripple site, but first needs change in law
Indianapolis Public Schools offered a comprehensive analysis Tuesday, showing strong demand for housing, retail and office development on the 16-acre site of the closed Broad Ripple High School. But that can’t happen without changes to state law.
Midwest Fertilizer says $2.8B Indiana plant still on track
The construction of the plant in southwestern Indiana is still on course following the resolution of a dispute with the Internal Revenue Service, the facility's developers said.
Saraga to open expansive international grocery store near Castleton Square
The locally based international grocery store chain has acquired a long-vacant Target store in Castleton and the adjoining retail center.
Attorney renovates bank near criminal justice center campus, seeks office tenants
The owner of Dean-Webster Legal LLC and her husband bought the 1.7-acre parcel last year and hope to attract other professionals who want a straight shot up Southeastern Avenue to the campus.
Carmel issues request for proposal for PNC Bank property
The Carmel Redevelopment Commission is seeking a developer to transform the northeast corner of Main Street and Rangeline Road with a mixed-use development.
New developer tackles downtown projects in smaller towns
Rebar Development launched just over a year ago, and already the small team has won three projects that are the result of public-private partnerships with metro-area communities.
IPS sells maintenance buildings for $2.75M
The buyer is TWG Development LLC, one of four bidders for the 4-1/2 parcel. It plans to construct 190 market-rate and affordable apartment units and office space.
District Tap gets needed approval to open downtown site
The District Tap is proceeding with plans to open a location at 141 S. Meridian St. after receiving approval to add a patio door on Georgia Street.
Westfield council approves $35M financing plan for Grand Junction Plaza
The 4-3 decision followed a public hearing during which more than a dozen residents spoke for and against the financing plan.
Plan for private health clinic at Broad Ripple Park hits opposition
A group that opposes a public-private partnership to help raise funds for an event center in Broad Ripple Park plans a forum Monday night to discuss the matter, but did not invite city or park officials.
Soccer stadium likely would find other uses—especially if it’s downtown
The Indy Eleven would likely need the $150 million soccer stadium proposed by owner Ersal Ozdemir for only about 20 matches a year.
Thompson Thrift plans townhomes, hotel for land adjacent to The Yard
Thompson Thrift Retail Group now has firmer plans for developing land adjacent to The Yard at Fishers District as the project moves forward in the zoning process. The plan moved forward in the approval process Wednesday night.
Hoteliers oppose legislation that’s tied to convention center expansion
Some of the biggest hotel operators in Indianapolis say the city would not be able to absorb the 800-room and 600-room hotels planned by Kite Realty Group Trust alongside the proposed expansion of the Indiana Convention Center at Pan Am Plaza.
Kurt Vonnegut Museum planning to buy building on Indiana Avenue
The Kurt Vonnegut Museum and Library is hoping to raise $1.5 million to acquire the building, which would house the museum and a cafe operated by the owners of Bluebeard restaurant.
Daredevil Brewing Co. to open taproom at Bottleworks District
Daredevil, named the state’s Brewery of the Year in 2017 and 2018, has lined up space in the Garage Food Hall at the Bottleworks District on Mass Ave, developer Hendricks Commercial Properties announced Tuesday.
Dilapidated Castleton hotel to be revamped as senior ‘resort’ community
The developer behind the $5.4 million plan to convert Castleton Extended Stay into senior living units is seeking a three-year tax break on the project.
Upgrades by city, Indiana Repertory Theatre boost future of iconic building
The Indiana Theatre building, which opened in 1927 as a movie palace topped with a ballroom, had been in need of TLC for years.
Flaherty & Collins plans $170M Michigan project
The project in suburban Detroit will include 500 apartments, a 200-room hotel, 20,000 square feet of retail and dining space, and a 30,000-square-foot grocery.
Developer plans $30M apartment project at former college site downtown
Milhaus’ 175-unit project, dubbed The Grid, will also include a 180-space parking garage and an enclosed outdoor courtyard with kitchen and lounge areas.