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.
Development/Redevelopment
Articles
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.
Cleveland company acquires former Navistar plant site
The Brookville Road plant, which includes about 1.6 million square feet on about 90 acres, houses a former engine plant and foundry that once employed hundreds of workers.
Developer of Coke site plans to preserve much of historic building
The CEO of Hendricks Commercial Properties says saving the structure as part of a massive $260 million redevelopment is important to "everything we're trying to create there."
Developer revives 317-acre project for Westfield
Developer Chris R. White initially proposed the $300 million project known as Aurora in 2006 but it fell victim to the Great Recession.
Redevelopment deal could save historic Cumberland church
After a drawn-out drama over the structure’s fate, TWG Development LLC has agreed to buy the century-old building and convert it into senior housing, contingent upon receiving federal tax credits.
Westfield couple rehabs downtown house by house
Bob and Michelle Beauchamp have invested millions of dollars buying and renovating homes on Park Street into restaurants.
Cabinet designer razes Westfield Boulevard building for new studio
A local custom cabinetry designer bought the building on Westfield Boulevard near East 75th Street last year and finished tearing it down late last month.
Butler debuts $43M dorm, prepares to demolish another
The work is all part of a long-term university plan that includes more than $130 million in new construction.