Bloomington puts new rules on chain businesses
The City Council voted Wednesday night to require what it calls standardized businesses seeking to open a downtown storefront to obtain a special zoning permit.
Development/Redevelopment
Articles
Housing developer hopes farm hooks new residents
A growing number of housing developers thinks farms, rather than golf clubs, are the perfect hook to lure residents. The first to experiment with the concept in central Indiana is Mike Higbee of Central Greens LLC, with his Seven Steeples Farm on the site of the old Central State Hospital.
Fishers OKs tax break for medical building
Cornerstone Cos. plans to locate the $11 million project near Interstate 69.
Tiny Sheridan girds for inevitable growth
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
Council votes to support $30M Broad Ripple project
Developer Browning Investments Inc. plans to use $5.7 million from the bond issue to help finance the apartment/retail project along the Central Canal.
Mainstreet eyes more ‘crowdfunding’ for nursing homes
After raising $1.8 million via the Internet for a new nursing home in Bloomington, the Carmel-based developer thinks it has found a more efficient source of fundraising for further construction.
Ownership move delayed for Anderson’s Wigwam gym
Leaders of the private Wigwam Sports & Entertainment group are scheduled to present their proposal for reusing the 9,000-seat gym to the city Redevelopment Commission on Tuesday.
Pedcor angling for $16M subsidy for City Center expansion
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
Developer plans housing on former Carmel golf course
Carmel-based Old Town Development LLC is planning to transform the former Sunrise Golf Club into a residential community targeting empty nesters.
Apartments may be added to Noblesville mixed-use project
The developer of a commercial project planned at State Road 37 and 146th Street is seeking a zoning change to add a 350-unit apartment complex to the mix.
HDG Mansur affiliate losing ownership of Market Tower
A Marion Superior Court judge on Tuesday entered a judgment to foreclose on the downtown building after MT Acquisitions LLC failed to pay its nearly $60 million mortgage balance.
Developer seeks tax break for $11M medical office building in Fishers
Indianapolis-based Cornerstone Cos. Inc. is working on plans for an $11 million medical office building near St. Vincent and IU Health hospitals in Fishers.
Strapped schools are wheeling and dealing with municipalities
State-mandated tax caps are putting additional pressure on public budgets—and spurring local governments to take unusual steps to help their cash-strapped schools.
1960s-era city zoning code gets overhaul
City planners hope a proposed overhaul of the Indianapolis zoning code that’s just a few weeks from its public unveiling will make the city greener and more bike- and pedestrian-friendly while easing the path to high-density, mixed-use development.
Developer reveals plans for $40M Westfield project
A Westfield-based investment group is working on plans for a $40 million “life wellness” development on land it’s buying from Westfield-Washington Schools.
Feds probe whether HDG Mansur took millions from client
HDG Mansur has divulged in court documents that it’s the target of a federal criminal probe for allegedly skimming millions of dollars from a client.
Up-and-comer molds city’s justice center deal
David Rosenberg, 28, leads Mayor Greg Ballard’s effort to build a new jail and criminal courts for Marion County, which could cost as much as $400 million, all with no new revenue.
Whole Foods confirmed as Market Square anchor
The specialty grocery chain will occupy 40,000 square feet on the ground level of the $81 million development slated to be built on a portion of the former Market Square Arena site.
Carmel’s Main Street getting more upscale apartments
Carmel officials have signed off on Keystone Realty Group’s plans to build a five-story mixed-use building southwest of Old Meridian and Main streets.
IU plots $200M life sciences hub in former Wishard Hospital
The envisioned 26-acre, $200-million-or-more complex would bridge IU’s School of Medicine with the city’s life sciences firms, including those at the nascent 16 Tech, a business park.