Zionsville officials on Monday agreed to sell 15.6 acres in the new Creekside Corporate Park to Hat World Inc. for $577,200. Local incentives tied to the deal could allow the company to recoup at least half of the purchase price.
Mayor Greg Ballard’s administration has agreed to a new policy around creating and managing tax-increment finance districts. The policy is headed to the City-County Council for approval.
Drawing new jobs remains a priority for economic development leaders in fast-growing Fishers, but existing businesses are getting some love, too.
Apartment specialist Edward Rose Properties Inc. is proposing an $80 million mixed-use project on mostly undeveloped land in Carmel’s Old Meridian District.
The university wants to expand its health services program by using some existing Wishard space and tearing down other buildings and replacing them with modern facilities,
The Marott Center was built in 1906 as one of the first multi-level department stores in Indiana and is listed on the National Register of Historic Places.
A look at some of the runner-up top Indianapolis business stories from 2013.
Apartment developers continued their blitz on the downtown market with several projects under construction or in the planning stages.
A local developer’s plan to build a $25 million mixed-use project in Broad Ripple anchored by a Whole Foods grocery met fierce resistance from neighborhood residents opposed to its size.
The cash-strapped Carmel Redevelopment Commission is revising its 2014 budget to account for the loss of a six-figure income stream critics say it was not entitled to use in the first place.
A major supermarket chain is hoping to expand into the Indianapolis market, starting with an anchor position in a mixed-use project under construction in Carmel.
Developer Pedcor Cos. unveiled conceptual designs for six more buildings at Carmel City Center that could cost as much as $100 million to build over the next four to five years.
Poised for a development boom in those heady days before the real estate market collapsed, Westfield appears back on track for growth. Residential activity never stopped, but builders are picking up the pace in response to increasing demand. If history holds true, a commercial construction blitz will come next.
Seeing small repair projects pile up at the city’s iconic 19th-century train station, city officials have launched an effort to assess the building’s condition with the most thorough inspection in several years.
Indiana State University is putting on hold its plans to demolish two 15-story former residence halls on the Terre Haute campus after an Indianapolis-based developer proposed taking them over.
Next up is a renovation of the vacant Consolidated Building and a redevelopment of the Indianapolis Star headquarters property, both on North Pennsylvania Street. The projects will add 600 market-rate apartments to downtown.
Construction firm Meyer Najem Corp. is planning a $5.5 million office building in downtown Fishers to house its growing operations and other high-potential businesses. A proposed deal calls for the town to contribute 1.7 acres of land and $1.4 million.
Adam Thies, 36, arrived from the private sector in October 2012 and is beginning to put his stamp on the government agency that guides city development
Westfield’s massive Grand Park Sports Campus doesn’t open until March, but city leaders already are focused on making sure the 1 million-plus visitors they expect next year want to come back.
A heavy hitter among commercial real estate developers has left the firm he helped found more than 20 years ago, to start his own company, and has taken most of its employees with him.
