Hotel, restaurant slated next to Ironworks on Keystone
The firm behind the Ironworks apartment-and-retail complex at 86th Street and Keystone Avenue now intends to build a five-story, 120-room hotel next door.
Mixed-Use
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Brewery proposed for $4.8M project in downtown Fishers
City officials are considering incentives for the two-story project, which would feature a restaurant and brewery on the first floor and office space for lease on the second level.
Family entertainment venue planned for Westfield
After scouting locations in Noblesville and Westfield, two Westfield-based companies selected a site just to the south of State Road 32 for a family entertainment complex and multi-family housing project.
Developers likely to unleash big plans for Mass Ave art-deco landmark
Indianapolis Public Schools has put the 11-acre site on the market. It was built in 1931 as a Coca-Cola bottling plant but the school system has used it since 1975 as a bus maintenance facility.
$8M project slated for Fall Creek Place
The development would be built on land at East 22nd and Delaware streets owned by King Park Development Corp. and would feature 47 market-rate units and 9,000 square feet of retail.
Developer pins comeback on $11B project
Sidelined real estate developer Christopher P. White is hoping to make a triumphant return with an $11 billion—yes, $11 billion—proposal for the GM stamping plant site and areas surrounding it.
Zionsville project lands Fresh Fare grocery
Developer Steve Pittman spent two years securing a specialty grocery as an anchor tenant after presenting the $90 million mixed-use project dubbed “The Farm” to Zionsville officials.
Developer scales back Ed Martin-anchored Noblesville project
The Noblesville City Council approved a rezoning request for the Toyota dealership aspect of the project Tuesday, but development deals for a new road, housing, a transit station and drainage improvements were dropped.
Brownsburg is latest community aiming to make downtown a destination
Town officials hope plans for a roughly five-story, $70 million mixed-use project will spur additional development and help transform the nondescript downtown into a cluster of retail and residential character.
Carmel’s burgeoning downtown puts pressure on neighbors
The two blocks on the western edge of Carmel’s Arts & Design District are residential, at least for now, but that’s expected to change as the population grows by 1,500 every year and the city continues its quest to create a walkable community.
Deal to redevelop Tinker Flats building falls through
King Park Development Corp. is pursuing another developer to rehab the building on East 16th Street after a Noblesville firm pulled out of a deal to convert part of it into a hub for food-and-beverage startups.
Flaherty shopping stake in Axis development
Flaherty & Collins Properties already is selling a stake in its brand new downtown Axis at Block 400 apartment development to cover expensive cost overruns on the project.
Business plan for 21c built on ‘aggressive’ projections
Indianapolis will be the first market where 21c Museum Hotels LLC competes with established art-centric hotels. Yet the company is so bullish about its future here that it expects to outperform its peers by more than 50 percent.
Rivoli theater renovation would help spur arts hub
A plan to save the 1927 structure is beginning to take shape as part of a larger effort to transform the three-block stretch of East 10th surrounding the Rivoli into a magnet for arts-based organizations.
Hampton Inn slated for Keystone at the Crossing
Construction on the 125-room hotel, part of PK Partners’ $80 million mixed-use development, should start later this year with an opening in 2016.
South-side businessman buys old hotel property
Jefferson Shreve has purchased a highly visible site near Interstate 465 and U.S. 31 and is tearing down the hotel that’s been there for decades to make way for a mixed-use development.
East 16th area poised for more redevelopment
Three vacant structures at an intersection just north of East 16th Street have been purchased by two developers planning a mix of office and retail for the struggling area.
Loftus and Robinson making splash in development
Young team making a splash parlayed a painting job into projects extending to redeveloping the train station in Fishers.
Former St. Francis Beech Grove hospital attracts suitors
Franciscan St. Francis Health has finally found a buyer for its former hospital campus in Beech Grove. Trouble is, it’s found two.
Downtown projects set to soak up thousands of parking spaces
Parking on the east side of downtown is becoming harder to find—enough to prompt some rates to rise—thanks to a trio of real estate developments replacing surface parking lots.