Work begins on remaking former Milano Inn restaurant site
The South Bend-based developer that last year bought the landmark restaurant and the block on which it sits is searching for office and retail tenants for the space.
Development/Redevelopment
Articles
Husband-and-wife team rehabbing former hospital as apartment building
Justin Stuehrenberg and Katherine Bannon bought the 77-year-old brick edifice in the emerging Bates-Hendricks neighborhood for a song and completely gutted it. The new apartments will be available for lease next month.
Noblesville, developer partner on $24M apartment/parking project
The mixed-use development would provide downtown Noblesville with its first-ever parking garage and its first new apartment building in more than a century.
Planned Home Place ‘improvements’ in eye of beholder
Two square miles of Hamilton County where residents for years resisted becoming part of Carmel, despite being surrounded by it, are soon to become much more Carmel-like.
Carmel plans redevelopment for retail property near City Center
The Mohawk Landing Shopping Center, built 36 years ago, will be redeveloped into a mixed-use property.
City seeks vendor to develop revitalization plan for Castleton
City development officials said the plan should “respond to emerging challenges confronting the Castleton area, including evolving national shifts in commercial retailing and aging commercial, office and multifamily areas.”
Fishers plans to purchase Archer’s Meats property for redevelopment
First Internet Bank agreed to acquire 11 parcels on the south side of 116th Street for $10 million, with Fishers agreeing to reimburse the bank for land acquisition costs.
Developer proposes apartment project for Grand Park Village
If approved, CharlesTowne at Grand Park Village would be built on 12 acres near the intersection of Wheeler Road and 186th Street.
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.
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.