Indianapolis-based TWG says it has all four of the parcels comprising the site under contract, pending city approval to rezone them from the current I-2 industrial classification to a more apartment-friendly designation.
Dozens of projects will be considered for funding, including housing and placemaking projects in Bargersville, McCordsville and Martinsville; an amphitheater in Anderson; the Innovation Mile in Noblesville; and the redevelopment of Circle Centre Mall in downtown Indianapolis.
John Stehr is planning a public outreach tour throughout Zionsville to explain his plan for a 160-acre, $250 million development south of the town’s quaint, historic downtown.
Councilors plan to take a closer look at a proposal after criticism was made against the developer. The Indianapolis-based company has been accused of mismanaging three west-side apartment properties—allegations that it denies.
Hendricks Commercial Properties has spent more than $550 million to acquire and redevelop properties across Indianapolis and Carmel since 2013. But the Wisconsin-based firm says it’s just getting started with work it hopes to do here.
The 1.46-acre project is expected to consist of 262 apartments, a four-story interior parking garage with 323 spaces and nearly 35,500 square feet of retail, office and amenity space.
The West Fork District plan calls for as many as 150 townhomes, along with a whiskey-aging warehouse, a pond, an outdoor concert venue, dog park and various other neighborhood amenities, as well as future commercial development.
Initial plans for the South Village include about 250 residential units; 500,000 square feet of office space, retail, dining and public plazas; and parks and nature trails.
The structures and public spaces being erased from the site include the former Pavilion at Pan Am event center at 201 S. Capitol Ave. and the Pan American Plaza, making way for vertical construction later this spring.
A Buckingham Properties official told members of the Carmel City Council on Monday that the new plan would feature nearly 1,000 new residential units, 587 parking spaces, 28,000 square feet of retail and two public plazas.
Indianapolis-based Citimark has already leased about one-quarter of the old appliance retailer’s home at 4151 E. 96th St.—which it acquired in December 2021 for $14 million—to a pair of companies that will use their spaces for showroom, office and warehousing purposes.
The funding stream Carmel uses to develop parks has become a source of tension among officials and even the subject of a recently dismissed lawsuit.
The Original Farmers’ Market, typically held outside of the City Market on East Market Street, will take place on the southwest quadrant of Monument Circle this year due to the closure of the City Market for a redevelopment project.
Plans call for the Star Brick Village retail and residential development to be built on 72 acres along East 146th Street, just north of Fishers.
Together called the Polymer Recycling Complex, the two side-by-side buildings are expected to work together to recycle plastics from curbside collection and then use that recycled plastic to create new products.
Members of the Westfield Advisory Plan Commission unanimously approved a development plan for the taproom and food hall on Monday night.
Community leaders say the 600-seat entertainment venue along U.S. 40, set to open March 9, will make Plainfield a popular regional destination.
Construction on the landmark could last up to two years, according to the city. It’s part of a $200 million redevelopment of the entire block, after which the City Market itself will reopen under a private operator.
The real estate development firm, which has been based in Indianapolis for 114 years, plans to move to a new $7.3 million building after reaching an incentives deal with Noblesville that was approved Tuesday.
The downtown location of Harmony Steakhouse, which is expected to feature modern interior design, will occupy nearly 7,550 square feet on the first floor of the building, as well as 1,200 square feet of patio space.
