‘Major downturn’ for construction
Wondering why development news seems to have ground to a halt? The nation’s housing and economic woes are hitting development firms and slowing the demand for construction. The American Institute of Architects…
Politics & Government
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Sinks, brownfields and insurance
Getting you up to date:
Airport sinks approved
The Indianapolis Airport Authority board has approved an obscure bid package known as “T-31” that provides for the installation of floor-level foot sinks for…
Cultural Trail wins national kudos
A couple of topics to discuss:
More praise for Trail
In its March newsletter, New York-based Project for Public Spaces named Indianapolis one of five “Great Cities” thanks to the…
Wheeler staying put downtown
Wheeler Mission Ministries has no plans to sell its prime downtown real estate, despite financial troubles that have led the not-for-profit to close its eastside operation. Wheeler said it plans…
City may lift Pan Am covenant
Indiana Sports Corp. has asked the city to reduce the portion of Pan Am Plaza included in a covenant that restricts development. If approved, the updated covenant would cover only 10,000 square feet,…
Ballard office gets free parking
The cost of parking is one of the top reasons office space has been a tough sell downtown when compared to the suburbs. But it’s not a problem if you’re the mayor-elect….
Farewell, Eastgate parking lots
Here’s the Lifeline Data Centers site plan for its reuse of the old Eastgate Consumer Mall. What do you think of the lake and walking trails?
New life for Eastgate
The long-vacant Eastgate Consumer Mall finally is getting a new tenant: a data-storage and web-hosting company. City officials are planning an 11 a.m. announcement today detailing an expansion for locally based…
State to double rail-trail inventory
The state has reached a deal to buy more than 150 miles of abandoned rail lines for new trails, a deal that would nearly double Indiana’s 170 miles of rail-trails. The governor…
Fixing a crumbling canal walk
The oldest portion of the downtown canal walk could soon get a $3.2-million upgrade. The city is finalizing plans for new pavement, stairs, retaining walls, lighting and railings along…
New mayor, now what?
Real estate developers today are trying to sort out the implications of a major upset in the mayor’s race. The mayor-elect, Republican Greg Ballard (pictured), didn’t reveal much about his philosophy on…
How much is this land worth?
State officials are challenging a $7-million assessment for a 2.3-acre parking lot sandwiched between the RCA Dome and Lucas Oil Stadium. The state has launched eminent domain proceedings, and the owner isn’t…
Deflating the Dome
Demolition crews will begin letting air out of the RCA Dome as early as next spring. Deflating and removing the Dome’s fabric roof is the first step of a five-month demolition process,…
Highway project could swallow hotel
A $600-million plan to revamp interstates 465 and 69 on the northeast side could have a major impact on buildings near the highways. Several properties, including a couple of office buildings, some…
Another delay for MSA
Hopes for a quick decision on who will redevelop the Market Square Arena site are quickly fading. City officials had promised a decision by July at the latest, but the political climate…
Feds cancel deal for FBI headquarters
The federal government has canceled a contract with a Missouri developer chosen to build a new FBI field office in Castleton. The U.S. General Services Administration awarded the $38-million contract to Kansas City-based…
Is this photo illegal?
Should it be against the law to photograph the City-County Building? Some in Indianapolis law enforcement think so. The IBJ photographer was told today that taking pictures of the building is a…
Cabela’s getting $18M in city bonds
The city of Greenwood plans to help with financing on a Cabela’s store at the southeast corner of Interstate 65 and County Line Road. The Nebraska-based outdoors retailing giant has a deal to…
Fort Harrison reuse plan approved
The Fort Harrison Reuse Authority won approval from the City of Lawrence last night for the final phase of a decade-long redevelopment of Fort Benjamin Harrison. The roughly 90-acre…
Taxpayers’ MSA price uncertain
Neither of the teams hoping to redevelop the Market Square Arena site mention a specific figure for city incentive in documents filed with the city, but both say they need public money to make their projects work. In the $150-million…