Indy firm proposes redevelopment of ISU towers
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.
Historic Preservation
Articles
Preservationists seek expanded tax credit program
Advocates of historic preservation made a pitch Monday for an expanded tax credit program to help developers invest in older buildings – particularly in small downtowns.
New roof to help stabilize historic Indy theater
The building, at 3155 E. 10th Street, has been vacant since 1992 and is in an advanced state of disrepair. But a new roof will stabilize it, staving off further deterioration, backers hope.
Conference eyes preservation as development tool
A national gathering of preservation experts this week in Indianapolis are toasting some of the success stories historic preservation can foster by helping spark revitalization in neighborhoods and city centers.
Preservationists float ideas for reusing City Hall
An upscale hotel, a brewery and an event center were among the proposals suggested by members of the National Trust for Historic Preservation. The group is holding its annual conference in Indianapolis for the first time.
Developer launching rehab of vacant College Avenue retail building
Developer Larry Jones said he’ll spend about $600,000 to renovate the 6,700-square-foot eyesore at 1101 N. College Ave., which has sat empty since the early 1980s.
City to hold meeting on proposed Monument Circle district
Indianapolis residents are getting their first chance to weigh in on proposed protections for the buildings near the city's famed Monument Circle.
Greenfield chamber seeks funds to preserve historic building
Less than 50 years after Hancock County was established in 1828, the building that now houses the Greater Greenfield Chamber of Commerce went up on the corner of State and South streets.
Old Northside apartment projects reviving two buildings
Flock Real Estate Group is investing $1 million to refurbish side-by-side apartment buildings at the northeast corner of 13th and Alabama streets, and Englewood Group is spending $3.6 million to convert a former church across the street.
Shelbyville sees spark of revival downtown
A homegrown revival in Shelbyville could gain serious momentum with redevelopment of the vacant First Methodist Building, one of the most prominent buildings on the circle. A California investor bought the five-story building in May and plans a $3.5 million renovation.
City proposes historic district for Monument Circle and nearby area
The Indianapolis Historic Preservation Commission is proposing to take under its jurisdiction 90 buildings on and near the Circle, giving the city stricter control over signage and other changes to building exteriors.
Indiana Landmarks nearing $25M fundraising goal
Preservation group Indiana Landmarks kicked off the public portion of its $25 million capital and endowment campaign Thursday evening, entering the homestretch of a fundraising effort that began in 2010.
Woodard sells Canterbury Hotel to Ohio firm
Local businessman Turner Woodard had owned the upscale downtown hotel since 2010. Terms of the deal with Columbus, Ohio-based RockBridge Capital LLC, a hotel investment firm, were not disclosed.
Horizon Bank gains access to Mass Ave with building purchase
Michigan City-based Horizon Bank bought the two-story building at 302 N. Alabama St. for $1.5 million and is embarking on a “substantial” investment in the property.
Architectural gems in Indianapolis
These jewels help distinguish some of downtown’s best-dressed buildings.
Monument Circle face-lift set to move forward
The city recently signed a $555,750 contract with a local firm for design work on the Circle, leading to a two-year repaving project with other improvements.
Bill would expand state’s historic preservation tax credit
Legislation that was killed last year after passing the Indiana House has been revived this session in hopes of spurring more historic renovation across the state.
Arson damages at Indy Catholic church reach $400K
Indianapolis Metro Police Department Sgt. Linda Jackson said Wednesday that heavy smoke damage had increased the damages from an early estimate of $15,000.
Collectors snap up Bush Stadium’s salvaged seats
Indianapolis sports fans and collectors lined up Thursday to buy seats salvaged from Bush Stadium, snapping up more than 300 in the first day of the three-day sale — six times as many as organizer People for Urban Progress had expected for the entire offering.
Downtown projects face crucial hurdles
Two downtown apartment projects seek critical government approvals in the next month, while another commercial project is on track to start this year.