After a drawn-out drama over the structure’s fate, TWG Development LLC has agreed to buy the century-old building and convert it into senior housing, contingent upon receiving federal tax credits.
The documentation of about 300 homes and churches north of Main Street is a vital part of the effort and will be used to make a case for the historical significance of Old Town.
Bob and Michelle Beauchamp have invested millions of dollars buying and renovating homes on Park Street into restaurants.
Construction of a 21c museum and hotel slated to be built as part of a $55 million redevelopment of Old City Hall is not likely to start on time after the owner missed a deadline to secure financing.
A specialist in terra cotta will assess the integrity of the structures and suggest options that could range from on-site reinforcement and preservation to off-site storage and eventual reconstruction.
The theater’s new 10-year lease for the 1927 city-owned landmark on West Washington Street hands management duties to IRT and includes an option to renew for another 10 years.
One of Indianapolis’ most unique historic structures, a naval armory vacant since early last year, soon will be bustling again—this time with high school students.
The board followed an outside committee’s recommendation to accept Hendricks’ proposal to redevelop the land at College and Massachusetts avenues. The vote was not without debate, however.
A committee tasked with recommending a bid to redevelop the Indianapolis Public Schools property at Massachusetts and College avenues announced its selection of the Wisconsin-based developer Tuesday evening.
Leaders of Indianapolis-based BWI told the Anderson Redevelopment Commission that the money is needed to secure an additional $6 million by selling tax credits to investors.
The Ford Motor Co. Assembly Branch and the Southside Turnverein Hall, both in Indianapolis, are newcomers to the list, joining the Rivoli Theatre.
The city’s oldest African-American church is poised to become a hotel as part of a larger, $30 million project that could add more than 200 rooms to downtown’s lodging inventory.
The 8,500-square-foot house owned by real estate agent Joe Everhart and Ken Ramsay served as a clubhouse for seven decades before the couple turned it back into a home.
The 39,000-square-foot historic courthouse on the square in Noblesville could be turned into co-working space, a community center or something else after the county expands its adjacent judicial center.
The firm that’s building 30 apartments near the Madame Walker Theatre is integrating the Willis Mortuary building into the project after initially planning to demolish it.
Officials are laying the groundwork to change the historic status of hundreds of buildings, eliminate industrial use from certain areas, and allow new buildings to tower as high as 75 feet.
The three residents of the historic downtown neighborhood objected to the apartment project, claiming it was too big and suggesting race might have played a role in its approval. A Marion Superior Court judge disagreed.
A surge of activity in the Mass Ave area is spilling over into the historic neighborhood that’s now considering whether to restrict parking on its streets.
Mike Cunningham and business partner Patrick Heitz have received approval to build two upscale condos in one structure at the rear of the Vida restaurant, set to open early next month.
The purveyor of contemporary plays and musicals plans to leave the popular cultural district, where patrons now struggle to find street parking, for three properties on North Illinois Street.
