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.
Development/Redevelopment
Articles
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.
Minority-owned firms chase contracts to build criminal justice center
If the city of Indianapolis meets its goals, at least $154 million in contracts for the $571 million project will go to minority-owned firms.
Historic building on East Washington Street primed for tech makeover
The vacant three-story structure dating back to the 1880s has a new owner, which plans to convert it to co-working space for technology companies.
Struggling neighborhoods want their ‘own renaissance’
The tension between a desire for investment and an inherent distrust of it is occurring across disadvantaged Indianapolis neighborhoods.
Neighbors turn to courts to fight developments
Neighbors in at least four neighborhoods opposed to approved real estate projects are refusing to acquiesce and instead are mounting court challenges in hopes of stopping developments.
Ball & Biscuit owner planning restaurant in former drag club
The restaurant is a project of local attorney Trevor Belden, who opened The Ball & Biscuit cocktail lounge on Mass Ave in 2010.
Dora, Lauth propose hotel, office building on North Meridian corridor
Dora Hospitality Group and Lauth Group hope to bring a new Hilton brand to the market as part of mixed-use development north of the Ritz Charles hospitality venue.
Developer, Carmel VFW come to agreement on new hotel
A proposal to build an 88-room extended-stay hotel on Old Meridian Street in Carmel is gaining traction after city leaders and the neighboring Veterans of Foreign Wars Post 10003 had initially opposed it.
Downtown’s forgotten south side ‘ready to explode’
Leaders of what’s known as Stadium Village on downtown’s southern edge have been waiting patiently for the area to pop; now, there’s finally enough activity to justify their hopes.
Developers come around, slowly, to different housing options in Noblesville
The kind of housing that caters to millennials and empty-nesters is finally on the upswing in Noblesville—although the growth in single-family homes is still increasing, too, city officials say.
City set to pay $1.5M to review needs, reimagine presence downtown
All options are on the table for the city’s future use of the City-County Building, Old City Hall, the Marion County Jail and the 500-space East Market Street parking garage.
Real estate firm planning $8.5M office project in Fishers tech park
The building will serve as a gateway to the Fishers Certified Tech Park, which is home to Launch Fishers and the Indiana IoT Lab.
IBJ PODCAST: All you need to know about Indy’s bid for Amazon’s HQ2
With central Indiana on the short list for Amazon’s $5 billion secondary headquarters project, IBJ’s reporters for technology, real estate and economic development join forces to discuss what the internet giant wants and whether the Indy area measures up.