Fountain Square, Fletcher Place businesses weigh special tax to fund safety, upkeep
Property owners are voting on establishing a precisely targeted district that would help them pay for improvements to the up-and-coming neighborhoods.
Development/Redevelopment
Articles
Murat group again exploring deal to sell Old National Centre property
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.
Bottleworks project on Mass Ave to feature food hall
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.
Frenzy of warehouse projects fueled partly by e-commerce
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.
Project calls for 60 new homes in near-north neighborhood
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.
Government center could close during asbestos removal
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.
Land bank adds commercial properties
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.
East side’s Promise Zone hits big milestone by leveraging nearly $120M
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.
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.
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.