Articles

Rolling the dice in Indiana

A new electronic casino opens for business at Hoosier Park in Anderson today, and another at Indiana Downs in Shelbyville is set to open next week. The…

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Monarch building new headquarters

Locally based Monarch Beverage Co. plans to transform a vacant drive-in theater in Lawrence into its new headquarters. The theater would be replaced with nearly 1 million square feet of new…

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JW work to begin in June

A three-year project to build a new convention headquarters hotel along West Street now is scheduled to begin on June 1, immediately after the Indianapolis 500, said Mike Wells of developer REI…

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IRT plans $3M renovation

The Indiana Repertory Theatre has won a $3-million grant from the Lilly Endowment to fund renovations of the Indiana Theatre building at 140 W. Washington St. IRT plans to…

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Update: Wells auction delayed

Brokerage firm Colliers Turley Martin Tucker has delayed an auction of three parcels near Meridian and 16th streets that previously housed the Payton Wells car dealership. Auctioneer Bob Getts…

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Obama taking downtown space

Sen. Barack Obama’s presidential campaign plans to temporarily take over one of the city’s most prominent retail spaces. The campaign has reached a deal to open an office in Flagstar Bank’s former…

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Dome souvenirs & Babe Denny

This week brought potential resolution for a couple of disputes in the neighborhoods surrounding Lucas Oil Stadium:

Board limits RCA Dome souvenir proceeds to $200K
The Capital Improvement Board today agreed to rework an…

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‘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…

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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…

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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…

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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…

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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,…

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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….

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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?

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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…

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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…

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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…

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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…

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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…

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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,…

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