Sprawling industrial complex near Cottage Home attracts buyer
Teagan Development has agreed to buy the 539,000-square-foot building near Mass Ave and the Monon Trail and plans to convert some of the space into restaurant and retail uses.
Development/Redevelopment
Articles
Owners of popular Greek restaurant turning 1920s warehouse into event center
Taki and Jeanette Sawi of Santorini Greek Kitchen, in Fountain Square, are branching out to open a large banquet facility in a nearly century-old warehouse on the southwestern edge of downtown just across the White River and not far from Lucas Oil Stadium.
Panel postpones action on bill to limit local livestock rules
Senate Bill 249, if passed into law, would ban communities from adopting an ordinance preventing the construction of livestock facilities.
Westfield’s next big bet: $25M downtown plaza
Westfield city leaders are making downtown a priority in 2015, aiming to start work on an urban park with a festival plaza and outdoor stage.
Not-for-profit on east side eyeing expansion
Outreach Inc. wants to construct a 16,000-square-foot building at the intersection of East New York Street and Keystone Avenue to serve the growing number of homeless teens.
Fishers lines up tenants for construction firm’s HQ
Three businesses will sublease space in construction firm Meyer Najem’s $5.5 million Fishers headquarters—one of the publicly backed projects city leaders hope will transform the suburban downtown.
Trailblazing hotelier eyes Indy for new lodging concept
Jack DeBoer, a Kansas-based businessman known as the creator of the extended-stay hotel, is bringing his hotel/apartment hybrid to Indianapolis.
Butler Auto adding Alfa Romeo, plans new dealership facility
Butler Auto Group plans to move its Indianapolis Fiat and Maserati dealerships to a new facility on 96th Street that also will sell the resurgent Alfa Romeo sports car.
Carmel heart surgeon-turned-land developer dies at 81
Pioneering heart surgeon John N. Pittman, a Carmel resident who helped establish the cardiovascular program at Indianapolis’ Methodist Hospital, died on Christmas Day. He was 81.
Carmel City Center finale heads toward finish line
Pedcor Cos. pulled the trigger on the final phase of construction at the ambitious Carmel City Center redevelopment after city leaders OK’d public funding for a parking garage and other infrastructure.
Redevelopment of Speedway’s Main Street progressing north
The town’s redevelopment commission has agreed to sell the vacant building that housed Rosner Drugstore and will seek proposals next month to develop land across the street.
Bus route could boost south-side development opportunities
Leaders on the city’s south side hope a proposal for a rapid-transit all-electric bus route will help spur development along a key corridor that could use more curb appeal.
Carmel OKs $20M bond for City Center garage, public space
A divided Carmel City Council on Monday approved a $20 million bond issue to build a parking garage and other infrastructure at Carmel City Center, clearing the way for the final phase of construction at the ambitious mixed-use project.
FEMA, Indiana tell Kokomo to stop stadium work
Despite warnings about violations, Kokomo is pushing forward with the $9 million baseball stadium project, which includes spending $2.5 million on flood-prevention measures along Wildcat Creek.
Pedcor promises plenty of parking at Carmel City Center
Carmel City Council’s finance committee is supporting a $20 million bond issue to finish the ambitious City Center mixed-use development, but not before persuading developer Pedcor Cos. to strengthen an already-unusual array of project guarantees.
City plans new TIF to boost west side
Indianapolis planners say the city needs another $7.1 million to prepare the former Central State Hospital campus for redevelopment, but they’re out of resources. A proposal to raise those funds via a new tax-increment financing district around the 142-acre site is moving through the Indianapolis City-County Council with bipartisan support.
Q&A: Cummins CEO says firm scoped 10 sites for unit HQ
Officials of the Columbus, Indiana-based company even toured the old GM stamping plant before selecting the former Market Square Arena site.
On tap for Grand Park arena: soccer, trade shows and …. beer?
The Westfield City Council is reviewing a pair of proposed subleases that reveal new details about a $25 million indoor soccer arena in the works at Westfield's Grand Park. How much will tenants pay, and who's planning a sports bar?
Design plans to renovate Assembly Hall approved
The $35 million project is to include a revamped south lobby, interactive displays, an event suite, box seating, and an outdoor plaza connecting the arena to Cook Hall.
IU trustees to vote on Assembly Hall renovations
Plans for the arena call for replacing the existing south lobby, adding a box seat club on the concourse level, improved lighting, and renovated concessions and restrooms.