Developer soars with ‘special needs’ housing niche
Gary Hobbs and his wife, Lori, have built BWI LLC into a fast-growing developer of affordable housing with 48 employees and more than $10 million in annual revenue.
Development/Redevelopment
Articles
Former downtown eyesore attracting tenants following major rehab
A 32-unit apartment project on Capitol Avenue, formerly known as the Di Rimini, is leasing up as new ownership finishes fixing all the flaws.
Numerous construction projects planned at Indiana University
Work is almost complete on the $53 million School of Global and International Studies at Indiana University, just one of more than a dozen construction projects on the school's docket.
Developer pins comeback on $11B project
Sidelined real estate developer Christopher P. White is hoping to make a triumphant return with an $11 billion—yes, $11 billion—proposal for the GM stamping plant site and areas surrounding it.
Lilly Endowment pledges $5M for city plaza revamp
The announcement follows the October unveiling of the design for the City-County Building plaza overhaul, which is expected to cost $10 million.
GM plant property goes back on block
A big chunk of the former General Motors stamping plant site near downtown will go back on the market July 1 now that the city’s plans to build a criminal justice center there have fallen through.
Zionsville project lands Fresh Fare grocery
Developer Steve Pittman spent two years securing a specialty grocery as an anchor tenant after presenting the $90 million mixed-use project dubbed “The Farm” to Zionsville officials.
Irvington officials seeking developer for high-profile parcel
They hope to attract a developer to construct a three-story building with a mix of retail and apartments on the lot along East Washington Street where a historic building once stood.
Monroe County to get first covered bridge in four decades
Indianapolis-based VS Engineering was chosen to repair and rebuild the Cedar Ford Covered Bridge that once spanned the Little Blue River north of Shelbyville.
Opponents of proposed reservoir vow to fight commission
Opponents of a proposed $450 million central Indiana reservoir are vowing to continue their efforts to stop the creation of a commission that would handle planning for the proposed Mounds Lake Reservoir, a 2,100-acre lake stretching seven miles through Madison and Delaware counties.
Developer scales back Ed Martin-anchored Noblesville project
The Noblesville City Council approved a rezoning request for the Toyota dealership aspect of the project Tuesday, but development deals for a new road, housing, a transit station and drainage improvements were dropped.
Pence financial adviser leaving for nursing home post
Indiana Office of Management and Budget Director Chris Atkins will leave June 26 to become senior vice president of Mainstreet, a Carmel-based nursing home development company.
Brownsburg is latest community aiming to make downtown a destination
Town officials hope plans for a roughly five-story, $70 million mixed-use project will spur additional development and help transform the nondescript downtown into a cluster of retail and residential character.
Arts group Big Car to remake area near its new home
The arts-focused Big Car Collaborative, birthed in Fountain Square in 2004 and most recently headquartered at Lafayette Square Mall, has found a permanent place to park on Indianapolis’ south side.
Carmel’s burgeoning downtown puts pressure on neighbors
The two blocks on the western edge of Carmel’s Arts & Design District are residential, at least for now, but that’s expected to change as the population grows by 1,500 every year and the city continues its quest to create a walkable community.
Governor sees merit to central Indiana reservoir proposal
Gov. Mike Pence said the proposed $450 million project could help the state's long-term water needs and provide a fresh way of attracting investment and people to the Anderson area.
Local homebuilding activity slides for second straight month
Builders filed 497 single-family permits in the nine-county metropolitan area in May, a 6-percent decrease from May 2014. Permits have fallen on a year-over-year basis for two straight months and in three of the last four.
Council declines to rehear Cumberland church proposal
The City-County Council's rejection on Monday paves the way for Giant Eagle to demolish the historic church and build a gas station on the property, unless the town of Cumberland can find another way to stop it.
Council votes not to consider revised justice center plan
The City-County Council voted 16-13 Monday night against considering a scaled-down plan for a new Marion County criminal justice center.
Council member won’t challenge historic church rezoning
Ben Hunter, who represents the district where the church faces demolition, said he doesn’t plan to challenge the rezoning of the property. The full council is expected to vote on the matter Monday evening.