Historic 500 racing garage to be renovated
Indiana Landmarks plans to raise the funds to refurbish the fabled but dilapidated building north of West 16th Street that served as the Boyle Racing garage from the 1920s through the 1940s.
Development/Redevelopment
Articles
Zoo land deal for more parking sets table for expansion
The Indianapolis Zoo’s landlocked grounds prevent it from expanding. But leaders think they have found a solution—by joining the ownership group that wants to build an outdoor concert venue on the former General Motors stamping plant site across West Washington Street.
Custom homes come to Westfield’s Grand Junction district
A pair of childhood friends are trying to give homeowners another option for downtown living.
Historic downtown office building sold for $9 million
Minneapolis-based Onward Investors LLC has purchased the 93-year-old building on East Washington Street and is planning a major renovation. The new owner hopes to attract a restaurant to the first floor.
City to consider selling $75M in bonds for 16 Tech project
The Central Indiana Corporate Partnership wants the city to improve streets, walkways and other infrastructure around the 170-acre project north of the IUPUI campus, designed to attract high-tech businesses and workers.
Even with deluge of units, downtown apartment demand persists
Apartment occupancy downtown remains near a stellar 95 percent as tenants flood new projects, according to a panelist at IBJ's Commercial Real Estate and Construction Power Breakfast.
Brainard looks to ease restrictions on redevelopment commission
Mayor Jim Brainard expects the Carmel City Council’s control over any redevelopment commission contract worth more than $25,000 to be removed early next year when several new council members take office.
Theater at Fort Benjamin Harrison finds new life
This October, the 86-year-old theater will come to life again. A collaboration between a local arts organization, Partnerships for Lawrence, and the city of Lawrence, which is paying for repairs, is making it possible.
Muncie officials draft plans for $50M riverfront project
The proposal would include a pedestrian bridge over the White River and four-story buildings with commercial space on the first floor for restaurants and shops, and residential units above.
Senior housing planned on key 86th and Meridian corner
A Missouri-based development team wants to build a $10 million senior living center on the last available parcel at one of the north side’s most visible intersections.
Hamilton County moving ahead with judicial center expansion
The addition could cost as much as $22 million. Officials opted against constructing a new building east of State Road 37, thus keeping users and employees in downtown Noblesville.
Preservation group delays action on project with ‘digital canvas’
Members of the Indianapolis Historic Preservation Commission say they postponed a vote on the Mass Ave project at the request of City-County Council members who argue the building’s massive screen could run afoul of billboard rules. Commission members also questioned the building’s design and even its bold colors.
Anderson ramps up blight-elimination efforts
The city has received two grants totaling $2.8 million to tear down 128 blighted properties. As of Friday, two properties had been torn down as part of the program.
Greenwood aims for strict development at new exit
When you get off Interstate 65 at a new Greenwood exit, don't expect to find truck stops, fast-food restaurants and multiple gas stations. Warehouses and apartments won't be allowed, either.
Dinosaur-Bar-B-Que calls downtown plans extinct
The Syracuse, New York-based chain said it has chosen to focus on locations closer to its home and will not be opening in space in Circle Centre mall at Meridian and Maryland streets.
TIF glitch may imperil projects in Midtown
TWG Development LLC has agreed to pay $3 million to buy part of the AT&T property near the busy intersection of College Avenue and Kessler Boulevard to build a $39 million apartment project with an underground parking garage.
Zionsville parcels may lure Michigan Road development projects
Commercial projects are starting to stake claims on open land along the Zionsville portion of Michigan Road, catching up with the flurry of mostly retail development that’s already occurred along the Carmel portion of the roadway.
Downtown Cummins building to be 9 stories instead of 10
The city’s Regional Center Hearing Examiner approved the reduction Thursday. Cummins officials said the change will make the layout of the building more efficient.
St. Vincent to sponsor, occupy new Pacers training center
The Indiana Pacers’ $50 million, five-story training venue will be called the St. Vincent Center and offer primary care, cardiovascular and sports performance services for the public.
Broad Ripple jeweler spending $3M to redevelop downtown building
Nick Blum bought a vacant, three-story building south of Massachusetts Avenue and plans to move his Blumlux boutique there. The project will include luxury apartments and space for office users.