Articles

Downtown TIF district awash in cash

The Indianapolis downtown TIF district is so flush with cash that the mayor can cover all its debt payments, fund two layers of reserves, and still have tens of millions to spend at his discretion.

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Airport seeks developers for 550 acres of land

The Indianapolis Airport Authority is seeking master developers for almost 550 acres, including a large open parcel of land with frontage on Interstate 465 and several parcels facing West Washington Street.

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Indiana may build $25M archive on downtown canal

Indiana is working on plans to build a $25 million state archives building on the Central Canal downtown, taking up green space and adding another institutional user to the Canal Walk. The canal site, across from the Indiana History Center, beat out three other locations the state evaluated.

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With moratorium looming, filings surge for new gas stations

Since early March, when city officials announced plans to establish the moratorium in commercial areas adjacent to neighborhoods, the Indianapolis Department of Code Enforcement has received 18 applications to build at locations that would be subject to the ban.

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IU Health to locate new Bloomington hospital near IU campus

Indiana University Health plans to construct a new hospital in Bloomington four or five years from now, the Indianapolis-based hospital system announced Wednesday, after striking a deal with Indiana University to build on the school’s golf driving range.

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Fishers considers $76M sports facility in Saxony

The facility’s developer wants Fishers to enter into a 20-year lease for specific usage rights that would cost the city $805,000 annually. It also seeks a 10-year tax abatement and a waiver of impact and permit fees.

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Ambitious Browning stayed for civic work

Michael Browning never envisioned he’d still be in Indianapolis after arriving nearly 40 years ago from South Bend. But the Detroit native and University of Notre Dame grad bought a business here and became one of the city’s biggest developers.

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