Foreclosure suit filed against owner of Wilshaw hotel property
Officials with the town of Speedway, which is not named in the lawsuit, said they are “carefully monitoring” the situation and in communication with the developers on the matter.
Development/Redevelopment
Articles
M/I Homes of Indiana planning project with 190 townhomes in Noblesville
The homebuilder is looking to build the development, called Townes on 238, on 26.7 acres north of State Road 238, east of Promise Road and south of East 156th Street.
Developer, neighbors reach last-minute deal on $61M apartments project north of Broad Ripple
The agreement between J.C. Hart Co. and residents of the Oxbow Estates and Spirit Lake condominiums cleared the way for the City-County Council to unanimously approve a rezoning of the former Willows Event Center property.
Calumet Specialty Products to move HQ to Stutz campus downtown
The Indianapolis area’s sixth-largest public company plans to move 200 employees from the company’s current west-side home to the new offices.
Menswear store to move to newly purchased downtown building with addition in the works
A couple whose custom menswear shop was looted during the 2020 downtown protests have doubled down on East Washington Street.
CNO seeks buyer for 78-acre Carmel office campus with vision to redevelop site
The publicly traded firm, which said in June that it would move its operations to the OpenLane Inc. building at 11299 N. Illinois St., sees potential for residential and retail development and different kinds of office uses.
Flash point emerges over south-side wetlands
Environmentalists say a planned 1.9-million-square-foot warehouse complex on 170 acres near I-65 and the Marion-Johnson county line is another manifestation of the continued erosion of wetlands protections in Indiana.
Over-55 crowd fuels growing active-adult housing trend
Active-adult communities are rental properties that can include apartments, cottages or villas targeted toward seniors who do not require medical care and want recreational activities and chances to socialize with people in their peer group.
Section of downtown’s Jail II building slated for demolition in revision of $120M redevelopment plan
The structural issues have thrown a curve at the rest of 1820 Ventures’ development plan for housing, retail and entertainment uses, requiring it to move a planned concert venue to another location.
New Carmel City Council hits pause on pair of major projects
Councilors decided to withdraw two ordinances authorizing a total of $76 million in bonds for the projects from the agenda to give Mayor Sue Finkam’s administration more time to study plans, consider feedback from residents and negotiate with developers.
Whitestown junkyard redevelopment proposal to face test
Developer Milhaus’ latest plan for the first phase of Maurer Commons details a $64 million mixed-use development with a 125-room hotel, a 228-unit apartment complex and 75 for-rent town houses. Residents want a more recreation-focused plan.
Downtown apartments among major Noblesville projects expected to be completed in 2024
Construction on several major real estate development projects is slated be completed this year in Noblesville, while visible progress should be made on others.
Develop Indy unveils plan for West Washington Street corridor
Develop Indy officials are in conversations with three developers for various parcels in the corridor.
Carmel to see flurry of completed real estate projects in 2024
Multiple new developments in Carmel are set to open in the coming months, adding to the city’s lineup of real estate projects that combine residential, business and retail spaces.
Human remains found at Eleven Park construction site
Developer Keystone Group has discovered “fragments of human remains” at the construction site, on property that was mostly occupied by the city’s first public cemetery in the 1800s.
Arena, city hall among Fishers projects expected to be completed in 2024
The city will have new places to stay overnight and watch a hockey game. Fishers city government will move into a new home, and so will an Italy-based manufacturer.
Top Indianapolis development projects to watch in 2024
While most projects, such as Indiana University Health’s new hospital, Old City Hall and Pan Am Plaza, are efforts that will take years to come to fruition, other developments will begin to see substantive movement in the new year.
Hogsett says mall redevelopment among downtown’s most significant wins
The mall redevelopment is not the largest downtown project in terms of cost. But it will elevate a vast and critical piece of real estate as more than $9 billion in other downtown projects are slated to come to completion over the next decade.
Hendricks strikes deal to acquire Circle Centre, plans $600M redevelopment
The Wisconsin-based firm behind Mass Ave’s Bottleworks District plans to spend the next decade transforming the downtown mall into an open air, pedestrian-focused campus with housing, offices and shopping.
Boone County looks to control growth in rural areas
Boone County is looking to control its destiny as the Indiana Economic Development Corp. plans the 9,000-acre LEAP Research and Innovation District northwest of Lebanon.