Bloomington could open more sites to adult businesses
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.
Development/Redevelopment
Articles
Amazon plans warehouse on former Simon shopping mall site
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.
Owner of Five Seasons sports club puts north-side property on market
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.
Apartments planned for two former auto factory sites
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.
Ivy Tech receives $1M land donation for training center
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.
URBAN DESIGN: IHPC offers lessons for smart development
The work of the Indianapolis Historic Preservation Commission leads to higher property values and people-focused development.
Ford plant redevelopment may get even bigger
TWG’s plans for the near-east side could extend beyond the century-old Ford plant to include the adjacent building to the east that houses Ivy Tech Community College’s automotive program.
Proposed Carmel hotel raises questions about risk, private sector
Hotels in Carmel could soon have an unexpected competitor—the city itself.
Entrepreneurs plan to renovate historic Anderson theater
Past attempts to salvage the State Theatre focused on restoring it as a historical venue, but the new operators say the site needs to offer something different. One of their inspirations is The Vogue in Indianapolis.
Developer revives proposal for massive Fishers sports complex
The Fishers Sports Pavilion project was first introduced in April 2015, but construction never started. Now, a modified proposal with a $75 million price tag is heading to Fishers officials for consideration.
UPDATE: Judge orders Carmel to halt work on 96th Street roundabout project
The city of Carmel has been ordered by a Boone County judge to cease any work on its proposed 96th Street roundabout project, which is the subject of an ongoing land dispute with Indianapolis.
Noblesville considers building $14M police headquarters
The 40,000-square-foot building would be constructed on a vacant 24-acre remediated property commonly known as the Firestone site, south of Division Street near 18th Street.
Five Seasons sports club in Carmel to close in September
Company officials say the closure will be permanent and cost 84 employees their jobs. The decision comes a year after the owner of the club filed a request to rezone the property to allow for possible redevelopment.
Developer of $37M downtown apartment project seeks new construction schedule
Investment Property Advisors needs the adjustment to still qualify for a property-tax abatement tied to a second phase to its 9 on Canal apartment project.
Northeast-side apartment complex fetches $30.2 million
A Nashville, Tennessee-based company has acquired the 398-unit complex in Castleton and plans to invest $4.7 million in the property.
Fort Harrison officials finish $3 million street extension
The Fort Harrison Reuse Authority on Monday opened a $3 million expansion of Otis Avenue that officials hope will attract more development to the former Fort Benjamin Harrison military base.
Aging Anderson apartment complex getting new life
The Delaware Court Apartments in Anderson, which opened in 1926 and have been vacant since 2013, are being renovated.
Developer wants land in Greenwood zoned industrial
The 350 acres is mostly farmland but does include about a dozen homes.
City preservation officials sign off on $260M Bottleworks project
After months of discussions, the Indianapolis Historic Preservation Commission on Wednesday approved the design of a massive development that could transform the northeast end of Massachusetts Avenue.
Duke Realty moving up to S&P 500 stock index
S&P Dow Jones Indices on Wednesday said the Indianapolis-based real estate investment trust would be moved from the S&P MidCap 400 index to the S&P 500 index starting July 26.