The land is expected to be developed into a mixed-use innovation district that will include more than a million square feet of office, educational, retail, residential, hotel and community space.
Hamilton Crossing, a high-profile Class A suburban office park with six buildings on 44 acres along U.S. 31 in Carmel, sold for an estimated $70 million.
Bradley and Montgomery has renovated the second floor of the Indianapolis Power & Light Co. building, adding modern touches while keeping some organic elements.
A New York firm bought downtown’s Station Place office building at Georgia and Meridian streets for just under the asking price.
Ratio Architects is designing the project for Hilton as part of a redevelopment of One Jackson Place, a 93-year-old former hotel near Union Station.
A South Bend-based firm envisions condominiums and a mix of retail and restaurant space on the site of the hallowed Italian eatery that closed late last year.
Called Tapestry, the brand is designed to jump on the bandwagon for individualized and upscale hotels with distinctive local features.
The Indianapolis-area industrial market ended the year with vacancy of just 3 percent, nearly half of what it was at the end of 2015. The upshot: More properties are needed, and several million square feet of space are in the pipeline.
The local real estate firm bought the Parkwood West building and 14 acres of adjoining land from Duke Realty, which is exiting the office market.
Level Office said it plans to devote part of the building to membership-based co-working space with private offices and communal lounge areas, an espresso bar, 500-megabits-per-second fiber internet and local beer on tap.
The culinary-centric development proposed in Fishers is an unusual concept for the northern suburb, but it’s an idea experts say just needed the right recipe.
The project will include 236 apartments, 40,000 square feet of retail space and a 379-space parking structure.
Cornerstone Autism Center plans to hire about 30 employees in the next year in the 96-year-old Polk Building, which is undergoing a major rehab by its new owner.
Sophia’s on Southport Road near Madison Avenue is opening ahead of a big expansion for a dental claims processor and the construction of an $11 million senior living facility.
The firm has purchased One Jackson Square and is in discussions to brand it a Canopy by Hilton. The fate of first-floor restaurant tenant Ike & Jonesy’s has yet to be determined.
The trucking company will move from the east side of Indianapolis to Mount Comfort in Hancock County, where it will have room to grow and better access to Interstate 70 for its drivers.
The distribution company, currently located on the north side of Indianapolis, is building a 230,000-square-foot facility in Greenwood’s Southpoint Business Park.
Indianapolis-based BHI Senior Living is opening part of its 300-acre Hoosier Village campus for 150 deluxe duplex units to be pitched to baby boomers.
Now that Cannon Ball Brewing is close to opening in the suddenly hot area, Reveal Properties is beginning to renovate an adjacent building on Bellefontaine Street for office and restaurant use.
A New Orleans company wants to build a 15-story hotel and a seven-level parking garage on downtown property where two previous attempts from other developers have failed.
