Historic downtown office building to receive $15M renovation as hotel
Located less than two blocks from Monument Circle, the 120-year-old building could reopen as early as 2019 as a millennial-friendly Aloft property.
Development/Redevelopment
Articles
Two more hotels planned for burgeoning Whitestown development off I-65
Once populated largely by cornfields, the landscape at the intersection of I-65 and Whitestown Parkway has exploded in recent years with retail and restaurant projects. A smattering of hotels has followed, and two more projects now are in the works.
Westfield to consider expanding NorthPoint project by 100 acres
Developer Chris White has asked Westfield to allow him to expand the multi-use development at U.S. 31 and State Road 38 from about 300 acres to more than 400 acres.
Two companies picked to lead Nickel Plate Trail planning in Fishers
The city received nine proposals from companies and selected two of them to work collaboratively on creating a master plan for the trail through Fishers.
Joint venture acquires downtown office building, plans renovation
St. Louis-based Integris Ventures and New York-based Starlight Equity Partners paid about $3.1 million to purchase the seven-story building. It plans several more acquisitions in Indianapolis.
Walmart plans to build massive e-commerce fulfillment center in Plainfield
The retailer says the new facility, which will occupy more than 1 million square feet, will be located next door to its existing center. The center is expected to create hundreds of jobs.
Priorities evolve as ‘Good Bones’ stars begin filming fourth season
Mother-daughter duo Karen Laine and Mina Starsiak plan to tap new neighborhoods, open a retail shop and further expand into vacation rental properties.
Not-for-profit kicking off effort to build 150 units of affordable housing in Twin Aire area
SEND’s investment is possible due to the group’s sale of the Wheeler Arts Community building in Fountain Square.
Developer planning three major industrial buildings in rural Zionsville
Carmel-based Becknell Industrial wants to construct more than 1 million square feet of space in total.
Indy Parks board approves $70M plan for Broad Ripple Park
The plan calls for construction of a 75,500-square foot community center, a river walk and event pavilions, among other attractions.
Upland planning big brewery, restaurant project in heart of Fountain Square
The 13,000-square-foot facility is slated for the site of a former discount retailer, located a block east of the center of Fountain Square’s resurgent commercial and cultural districts.
Fishers seeks input on plans for Geist park, beach
More than a year after Mayor Scott Fadness announced plans to build a 70-acre waterfront park at the far-east end of the reservoir, the city can now move forward.
Developer proposes $14M income-based apartment complex in Fishers
RealAmerica Development LLC plans to build seven buildings near Interstate 69 featuring apartments that would rent to tenants earning about $27,000 to $41,000 a year.
Pendleton OKs development of $14M sports and health center
The Pendleton Council approved the project Thursday night, along with a $3.2 million incentive package to help encourage the development.
Atlanta developer to build 7-story student housing complex downtown
Haven Campus Communities, an Atlanta-based development firm, received approval from the Metropolitan Development Commission this week to build a 172-unit student housing complex downtown near IUPUI.
Butler University unleashes building spree, beautification
The $45 million Lacy School of Business building is the cornerstone of a campus transformation costing nearly $250 million that the private school launched following President James Danko’s arrival in 2011.
Burger Study nixed in Fishers in favor of Harry & Izzy’s-style grill
The restaurateur behind St. Elmo Steak House is pivoting on plans for a Burger Study on 116th Street and instead intends to develop a more upscale, American-grill concept that would be unique to Fishers.
Four developers vying to build hotel at Indianapolis International Airport
The hospitality market is booming—so is it finally time for Indianapolis International Airport to add an on-site hotel? Airport leaders are examining pitches from four developers that think it is.
Federal tax credit will help former YWCA serve homeless
A historic downtown building half a block from the Central Library will undergo an $8.7 million face-lift&mdash.
Plans for $40 million sports/entertainment complex in Greenwood called off
The proposed 60-acre commercial development has been taken off the drawing board after Indy Fuel owners Jim and Sean Hallett decided to drop plans for a $25 million sportsplex that was to serve as anchor of the project.