The 17.5-acre campus on East Washington Street is made up of 41 parcels with 25 buildings, 1,000 parking spaces and 190,000 square feet of office space. Parent company ANGI Homeservices would like to sell it to a single buyer if possible.
The $120 million building will become yet another signature structure in the new Market East district, a section of downtown that until recently featured a sea of parking lots and ramshackle buildings.
The Metropolitan Development Commission rejected a request from local developer Keystone Realty Group to rezone the site near Keystone at the Crossing to make way for a 60,000-square-foot office and retail building.
Although the largest units in 360 Market Square will top out at more than $2,000 a month, the rates compare favorably with other new downtown projects, according to one apartment expert.
The parcels, which are divided by Municipal Drive, could be developed into 65,000 square feet of office space.
The residential redevelopment of the sprawling Simon estate on Ditch Road known as Asherwood that local homebuilder Paul Estridge Jr. announced late last year might not happen after all.
An advisory commission has chosen a proposal from an Indianapolis-based developer for a new convention center and hotel development in downtown Bloomington that is expected to cost about $72 million.
Property owners are voting on establishing a precisely targeted district that would help them pay for improvements to the up-and-coming neighborhoods.
The latest offer calls for the developer to build the Murat Temple Association a 40,000-square-foot headquarters as part of a larger hotel project on the downtown site of the Murat Shrine Temple.
The developer of the massive $260 million project is planning for space to host a broad mix of vendors, ranging from seafood purveyors and fruit-and-vegetable stands to restaurants of various sizes.
More than 6.8 million square feet of industrial space is expected to be constructed in the Indianapolis area in 2017, the most ever in a single year.
King Park Development Corp. is partnering with two builders on the project, known as Monon16, to bring a mix of affordable and market-rate housing to the up-and-coming King Park area.
Members of the Madison County Council have asked the county administrator about the cost of shutting down the center in Anderson during the seven-month process.
City officials are turning to the not-for-profit Renew Indianapolis to market and sell industrial sites, adding to its responsibilities reaching far beyond residential properties and vacant lots.
The area on the near-east side is one of eight nationally to be designated for the program, which gives high-poverty communities a leg up in receiving assistance for revitalization efforts.
Only about eight acres in Bloomington, accounting for less than 1 percent of the city, are available to adult bookstores, movie theaters, novelty stores and similar businesses.
E-commerce giant Amazon plans to build a massive warehouse outside Cleveland on the site of a closed shopping center that was once owned by Indianapolis-based Simon Property Group. The former mall was once billed as the world’s largest.
Corporex, which announced earlier this month that the fitness club would close on Sept. 30, is shopping the site as an opportunity for an office redevelopment.
A developer is working on a $13 million plan to build apartments where transmissions and automobiles were manufactured as far back as 1912 in Muncie.
The community college will use the six-acre site on the city’s northwest side to build a new automotive technology center to help fill demand for auto technicians.
