Angie’s List agrees to pay if jobs promise falls short
If Angie’s List fails to live up to promises fueling a taxpayer-subsidized headquarters expansion, the company will pay an undetermined amount into an escrow account for the city’s benefit.
Development/Redevelopment
Articles
Fishers group snags $2.4M grant for assisted living project
The federal funding will enable AHEPA to convert 24 of 74 units at an area apartment complex into assisted-living housing for low-income disabled seniors.
Cummins debuts design for 10-story downtown tower
Officials for the Columbus-based engine maker are planning a $30 million development, including 164,000 square feet of office space, a conference center, parking garage and lots of public greenspace.
Kroger plans new store on southeast side
A nearly 100,000-square-foot Kroger grocery store is set to anchor a major development in an area on the southeast side that’s been void of much commercial activity.
Three village hubs marked for investment
Great Places 2020 targets intersections that can anchor city’s next walkable villages.
Developer restoring vacant downtown office building
A local developer has purchased a vacant 12-story office building east of Monument Circle downtown and is embarking on $7 million renovation to return the property to its former prominence.
Bloomington tavern taking prominent downtown Indy site
The Tap beer bar has agreed to lease 6,870 square feet at the corner of New York and Delaware streets in the Pulliam Square development.
Airport to market 1,200 acres for sale or development
The 1,212 acres slated for disposal are valued at $83 million and could generate annual tax revenue of $1.7 million, according to the airport’s own estimates.
Redevelopment panel scraps 2 bids for land in Carmel’s Midtown
The Carmel Redevelopment Commission will wait until next year to sell five acres of property along the Monon Greenway in Carmel’s Midtown area, voting Wednesday to reject both bids submitted in response to an October request for proposals.
Red Cross downsizes HQ ambitions, leaving extra lot
The new Red Cross building on North Meridian Street will be about half the size of what the not-for-profit originally proposed, leaving space for another development on the property.
Old school buildings would get new lives under developer’s plans
TWG Development is converting the former Lawrence Central High School into senior apartments and is seeking tax credits to do the same to schools on College Avenue and Lafayette Road.
Sources: Simon eyeing Anson for outlet mall
The Indianapolis-based mall developer is planning to build on 50 acres near Interstate 65 and Whitestown Parkway in Boone County, sources say, and could have a deal finalized early next year.
Pending sale could bring big retail project to Anson
An unidentified buyer has agreed to acquire about 50 acres of high-profile land in Whitestown’s sprawling Anson development, retail broker Jacqueline Haynes said.
Fishers seeks bids to continue downtown redevelopment
Construction season is coming to a close with four major building projects under way in downtown Fishers—and officials hope to maintain that momentum heading into next year. The town is accepting proposals from firms interested in redeveloping a quarter-acre site at 11634 Maple St.
Councilors to get peek at justice center plans
Some city-county councilors might get early access to information about a new criminal justice complex, but they have to agree to keep it under wraps.
West Clay legal tangle halts land sales
Last year’s residential building boom in the Village of West Clay has proven to be short-lived, as an ongoing dispute between the developer and its lenders halted land sales in the upscale Carmel neighborhood.
Sun King brewmasters on their roots, plans for Fishers outpost
If the chips had fallen a little differently, Sun King Brewing Co. might not be the state’s No. 2 craft brewer, adding a second production facility in Fishers. Founders of popular brewery share their story.
Noblesville delays decision on funding scaled-back downtown park
The Noblesville Common Council postponed its vote on funding a downtown park planned for west of the White River, asking the city administration for more information about long-term costs—and future projects that also might require a municipal investment.
Milhaus redeveloping Fletcher Place building for HQ
The apartment developer will spend $2.5 million to rehab the vacant building along Virginia Avenue as part of a project that will include 2,400 square feet of retail space.
Bloomington redeveloping 15 acres near downtown
The city is seeking proposals to transform the property into a mix of uses. Bloomington bought most of the land from Indiana University in 2011 for $9.3 million.