Opus seeks tax breaks on $10.9M building near airport
A tax-abatement request for the project filed with the city last week said the 434,400-square-foot flex industrial building will be built on a speculative basis.
Development/Redevelopment
Articles
Carmel developer pitching $150M Midtown plan
Carmel-based Old Town Development LLC expects to file plans this week for a $150 million redevelopment project on 11 acres in the suburban community’s blighted Midtown area, between Carmel City Center and the Arts & Design District near the Monon Greenway.
Couple revamps old roadside motel into apartments
The Kaiden, a 13-unit hotel just off the National Road between Indianapolis and Greenfield, has been reborn as an apartment building called The Village.
Year wait expected for start of Wigwam work
The developer taking over Anderson's Wigwam gymnasium is expecting to start work at the complex in about a year. The group plans to convert part of the complex into 55 multifamily housing units while maintaining the gym.
Plaza being built near state fairgrounds coliseum
Crews have started building a $2 million pedestrian plaza next to the newly renovated Indiana State Fairgrounds Coliseum.
Community Health buys Hilton North for redevelopment
The hospital network will close the 221-room hotel along the Interstate 69 corridor by the end of the year and will begin exploring redevelopment opportunities to meet the growth of the network.
Hilton boutique hotel slated for renovated Consolidated Building
Plans call for a 102-room Home2 Suites by Hilton to be built in what’s known as the annex of the Consolidated Building, at the rear of the vacant, 15-story structure on North Pennsylvania Street.
Hardware association investing $4M to move downtown
The Indianapolis-based North American Retail Hardware Association bought a building on North Delaware Street downtown and will move its headquarters there following an extensive renovation.
Indiana Legion set to dedicate new headquarters
After 88 years in its current downtown Indianapolis location, the group is marking its move from downtown to the former Fort Benjamin Harrison in Lawrence.
Ideal owners needed for tricky north-side properties
Size and age complicate the sale of several prominent structures in Boone and Hamilton counties.
Firefighters union hopes concession wins project OK
The union is promising to keep a parking lot it wants to build as part of an expansion at a key Massachusetts Avenue intersection in that use for just five years to help win approval of the project.
Self-made developer, Castleton pioneer Peterson dies at 84
Howard C. Peterson, an enterprising bricklayer who went on to build a prolific development company that transformed Indianapolis' north side with massive office complexes, died Friday after a long illness. He was 84.
Indiana cases could define conflict of interest
The question of what constitutes a conflict of interest and why it matters for public officials has run throughout a string of high-profile ethics scandals in Indiana recently.
Bosma removes Turner from leadership post-scandal
Indiana House Speaker Brian Bosma has removed Rep. Eric Turner from his leadership team amid concerns over Turner's lobbying against a nursing home construction ban that would have impacted his family's business.
Keystone seeks $3.8M subsidy for Carmel project
Keystone Realty Group is asking Carmel to issue $3.8 million in economic development bonds to help pay for parking and site work on a 5.3-acre property it plans to redevelop at the intersection of Old Meridian and Main streets.
Bloomington firm wins construction bid for transit center
The IndyGo board of directors on Thursday night chose Bloomington-based Weddle Bros. Building Group LLC to build the planned Downtown Transit Center. Weddle outbid five other companies.
UPDATE: Plan saves Anderson’s Wigwam gym from demolition
The company that will operate under the name Wigwam LLC has agreed to maintain the gymnasium until at least 2030. It plans to convert part of the property into multifamily housing and to find partners to develop uses for other parts.
Plans for long-contentious Westfield corner gain steam
An Indianapolis-based development group is moving forward with plans for a CVS Pharmacy-anchored commercial development at the southeast corner of 161st Street and Spring Mill Road in Westfield.
Noblesville eyes plans for $10M park, amphitheater
Officials hope to bolster the city’s “hipstoric” downtown and jump-start redevelopment of a key community gateway. But the price strikes some as steep.
Residents of Packard condos settle suit with developer
Residents of downtown's The Packard condominiums have settled a two-year-old lawsuit with developer Kosene & Kosene Residential.