$1B Methodist revamp might spawn housing rush
Indiana University Health hopes its $1 billion plan to expand Methodist Hospital will spawn nearby development, creating an area where employees can live adjacent to where they work.
Development/Redevelopment
Articles
Downtown hotel plan incorporates black church
The city’s oldest African-American church is poised to become a hotel as part of a larger, $30 million project that could add more than 200 rooms to downtown’s lodging inventory.
$77M Fishers sports complex appears stalled
Its developer boasted last summer that the Fishers Sports Pavilion already was booking events for 2016. But the site sits vacant.
Speedway looks to lure more development to Main Street
The town is accepting proposals to redevelop the last two parcels it owns on the street, which continues its transformation into a hub of retail activity.
Housing tax credits AWOL for Hamilton County projects
For the fifth consecutive year, Hamilton County has been shut out of federal tax credits for affordable housing projects, while nearby counties have had success in the competitive program.
Mallard Lake property set for auction after decades of legal fights
The 254-acre Mallard Lake farm property became a well-known battleground in Madison County as the owner fought in court for more than 30 years to turn the property into a landfill.
Indy airport board cancels $500M medical plan; to reopen bidding
The Indianapolis Airport Authority board said it would “leave our options open and continue to search for the optimal project.”
Fishers courts, wins technology businesses
Fishers has become a mecca for tech companies—but it didn’t happen overnight and it didn’t happen by accident.
Officials weigh future uses for Hamilton County courthouse
The 39,000-square-foot historic courthouse on the square in Noblesville could be turned into co-working space, a community center or something else after the county expands its adjacent judicial center.
IPS board postpones vote on proposals for Mass Ave site
Originally set to vote Thursday, board members decided they needed more time to examine proposals for redeveloping the former Coca-Cola bottling plant site and to get feedback from neighbors.
Airport chair delays vote on medical project, cites Hogsett concerns
Airport authority board Chairman Kelly Flynn sent an email Tuesday evening to other board members, telling them “we need to take a step back” on Athlete’s Business Network’s plan.
Noble Industries plans $6.1M expansion of Noblesville HQ
Noble Industries has purchased five acres to the south of its existing property for a 52,400-square-foot expansion of its 70,000-square-foot facility. The expansion will allow it to almost double employment.
UPDATE: Team pitching plan for airport site calls off forum
A company that wants to build a $500 million medical center at the Indianapolis International Airport has suddenly postponed a community forum to explain the plan and answer questions.
Celadon eyes Mount Comfort for $20M headquarters
Publicly traded Celadon Group Inc. has had its headquarters at East 33rd Street and Mitthoeffer Road in Indianapolis since 1996. The company is looking elsewhere because that 40-acre site has no room for expansion and is landlocked.
Blue Horseshoe planning $3.5M expansion in Carmel
The Carmel-based software firm announced plans Thursday to move into a new headquarters and add 70 highly paid employees over the next five years. Citimark is developing the three-story office building along the North Meridian corridor.
Study: Renters’ rise extends beyond big cities to suburbs
In the American imagination, suburbs are places to buy a house and put down roots. But a growing percentage of suburbanites rent, according to a new study.
Experience thin on team pitching plan for airport
The leadership team at Athlete’s Business Network, a startup that wants to develop a massive sports-medical complex near the Indianapolis International Airport, doesn’t have much experience in such projects.
Washington Square is out for bid, but can the mall be rescued?
The 1.1-million-square-foot mall is adrift without a permanent owner or turnaround strategy. Now its lender is attempting to sell it.
Saddlebrook Golf Course teed up for auction
The 135-acre property on the northwest side is set to be sold in four pieces, attracting interest from real estate developers and golf course operators.
Boys & Girls Club of Noblesville plans $6M building
The Boys & Girls Club of Noblesville announced plans Saturday for a new $6 million facility that will be built onto the south side of the club’s existing Community Center.