Founders of The Kitchen opening bistro on Mass Ave
The yet-to-be-named restaurant will occupy 5,500 square feet in Gershman Partners’ Marietta building under construction next to the Marott Center.
Development/Redevelopment
Articles
UPDATE: Johnson Memorial plans $42M overhaul of Franklin campus
In the largest project in its history, Johnson Memorial plans to demolish its old hospital building and construct two new health care facilities.
North-side apartments change hands in $70M-plus deal; $10M rehab begins
Local firm Birge & Held Asset Management bought the property on East 82nd Street and is starting to renovate all 740 units—a task expected to present some logistical challenges.
Developer aims to convert historic downtown building into 110-room hotel
The firm has purchased One Jackson Square and is in discussions to brand it a Canopy by Hilton. The fate of first-floor restaurant tenant Ike & Jonesy’s has yet to be determined.
Fishers won’t let Ikea fuel retail blitz
Local officials are taking steps to preserve the vacant land surrounding the 35-acre Ikea site near Interstate 69 and 116th Street for office development.
Construction under way on Celadon’s new $24M headquarters
The trucking company will move from the east side of Indianapolis to Mount Comfort in Hancock County, where it will have room to grow and better access to Interstate 70 for its drivers.
Wurth Service Supply expanding, moving to Greenwood with $11.5M project
The distribution company, currently located on the north side of Indianapolis, is building a 230,000-square-foot facility in Greenwood’s Southpoint Business Park.
Indianapolis airport to sell 6.4-acre site to local developer
The Indianapolis Airport Authority on Friday also heard about plans to add hundreds of new public parking spaces at the airport in coming months.
Revitalization of Speedway’s Main Street wins Monumental Award
The 39th annual event, which recognizes excellence in architecture, engineering, neighborhood revitalization and construction, took place Thursday at the Indiana Roof Ballroom.
Retail, housing, maker space revive east-side neighborhoods
Several developments are either underway or in the works that could transform the East 10th Street corridor into a burgeoning neighborhood hot spot.
Pittman family dispute escalates with new lawsuit
Mark Pittman, son of late heart surgeon and developer John N. Pittman, filed a lawsuit Oct. 14 in Hamilton County against his siblings and family-owned entities involved with The Bridges, a retail development in Carmel that includes a Market District grocery store.
Phoenix Theatre casts $1M gift for new downtown complex
The gift from the Allen Whitehill Clowes Charitable Foundation gets the theater closer to its $8.5 million goal for funding construction of a new home on North Illinois Street.
Outreach center for homeless youth under way but still needs boost
The not-for-profit Outreach Inc. has started construction on the $3.3 million facility on the near-east side and hopes donors can come through with the final $300,000.
Developer Allen plans $2.6M project in Greenwood
Called Greenwood Business Center, the development is planned for an 11-acre site about a quarter-mile east of Interstate 65.
Developer saves Phillips Temple, converts it into apartments
Van Rooy Properties purchased the nearly century-old landmark last year and embarked on a $6 million project to bring 40 market-rate units to the site at 1226 Dr. Martin Luther King Jr. St
Rolls-Royce’s $400M modernization is massive juggling act
With Project Condor, the manufacturer will update its Tibbs Avenue and Raymond Street plants while continuing uninterrupted production of high-precision engines for military aircraft.
Developer continues to revive intersection north of East 16th Street
Now that Cannon Ball Brewing is close to opening in the suddenly hot area, Reveal Properties is beginning to renovate an adjacent building on Bellefontaine Street for office and restaurant use.
High-rise hotel pitched for surface lot across from fieldhouse
A New Orleans company wants to build a 15-story hotel and a seven-level parking garage on downtown property where two previous attempts from other developers have failed.
Three massive industrial projects on tap for Plainfield
The buildings will add 1.8 million square feet to the town’s already robust distribution market and will be built on a speculative basis, indicating healthy demand for such space.
Developer of Pulliam project will be first to back new city art program
As the recipient of a $1.1 million city loan, TWG Development has agreed to include public art in its mammoth project on the site of the former Indianapolis Star headquarters.