Town officials in 2008 began an aggressive play to turn the world-famous oval into an economic engine that runs year-round by creating a retail and entertainment district along Main Street.
Leaders of a collegiate contest for real estate development elected the struggling west-side shopping center as a case study. The winning entry suggesting wiping the slate clean.
The work-play-live district for innovation and entrepreneurship being developed on the near-northwest side will include research labs, apartments and bicycle trails—which could help to attract young workers.
Stenz Construction Corp. bought a two-story office building in the Mass Ave District and is seeking to demolish it to make way for the development.
An 18-month legal battle continues to linger over RecycleForce as it attempts to begin raising money from donors to fund construction of a 105,000-square-foot building at Sherman Park.
A developer and the city of Elwood have broken ground on what is expected to be the largest residential development in the community of 8,500 people about 20 miles northeast of Noblesville.
Vacancy rates in both sectors continued to shrink in the first quarter as office and industrial tenants consumed more leased space.
Shopping center giant Simon Property Group Inc. on Friday reported a strong first quarter that exceeded analyst predictions.
The luxury, pre-owned car dealer says the new location will create more than 30 jobs and include a full service-and-parts department.
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
KennMar LLC has filed plans with the city of Noblesville to develop 23 acres at the southeast corner of Hazel Dell Road and State Road 32.
Indianapolis officials have triggered a wide-scale review of the need for big municipal buildings downtown. Real estate executives are intrigued by the 28-story City-County Building’s potential for private redevelopment.
The real estate project at 3500 Lafayette Road, called the Pyramids at 35 Hundred, is expected to feature 130 independent-living units for seniors and 15,000 square feet of commercial space.
Ensuring the $572 million criminal justice center connects with the surrounding neighborhood and doesn’t sit isolated presents a big challenge for project planners and community leaders.
The publicly traded company wants to leave the Parkwood Crossing office park in Carmel and is requesting $2.9 million in the form of a bond issue from the city of Indianapolis to help finance a new headquarters.
M/I Homes has plans to build 40 single-family units and 20 town houses on the former hospital campus, bringing even more investment to an area on the mend.
Pulte Homes of Indiana has filed plans to develop 78 single-family homes on land adjacent to the proposed site of the new Little League International regional headquarters in Zionsville.
The national retailer, which is rolling out dozens of non-traditional stores across the country, declined to comment on whether downtown Indianapolis could be a future site.
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
