The construction of tens of thousands of rental homes could help rebalance the broader housing market. But critics say build-to-rent arrangements are exacerbating long-simmering inequalities by making homeownership even more elusive.
The city is considering offering the property to a private developer to create affordable housing or utilizing the land to combine the city’s 911 call center and emergency operations center.
Duke Realty Corp.’s legacy will linger beyond its pending $26 billion all-stock acquisition by industrial-sector behemoth Prologis Inc., expected to close early next month.
Parent company NYC Alliance Group, which owns several clothing brands, began opening Daily Thread stores in the Midwest a year ago and has already grown the chain to more than 40 stores, including at least five in Indiana.
The developer of Riverbank Townhouses—featuring units with listing prices beginning at $750,000—hopes the project will encourage more homeownership in the village.
The Indy Eleven soccer team owner said he is confident his plans for a downtown stadium won’t hinge on asking for more state tax dollars than already promised, despite the project’s cost increases since the Legislature agreed three years ago to help fund it.
While scaling culture remotely might have challenges, companies say it’s worth it. Employees have more freedom, and employers can access a larger talent pool, including workers who want or need flexible work.
Brendan Donohue, president of the NBA 2K League, said that if the Pavilion at Pan Am were not being torn down, the likelihood of Indianapolis retaining the league would be much higher, but noted the loss of the facility isn’t a deal breaker.
The idea came to Lobyn Hamilton after he moved into a former grocery store in the neighborhood where he spent the earliest years of his life.
The company presented plans to the Noblesville City Council for two new rental-home communities, but some councilors expressed concerns about the amount of housing under development in the city.
Milwaukee-based Cousins Subs said Tuesday that it has signed leases to open two restaurants in Indianapolis as part of an expansion plan that could include as many as seven area locations over the next few years.
The 575,000-square-foot facility will serve as the base of operations for the team’s current NTT IndyCar Series, Indy Lights and IMSA programs, as well as future racing initiatives.
Indiana Landmarks on Monday released its annual list of the 10 Most Endangered landmarks throughout the state. The organization said the places on the list often face a multitude of problems, including abandonment, neglect, or owners who lack money for repairs.
A circle seems like a simple shape, but this is a very complex puzzle for city officials. For this week’s edition of the IBJ Podcast, Dan Parker, director of the Indianapolis Department of Public Works, talks with host Mason King about the direction the city is taking and what roadblocks could be in the way.
Remote work has stabilized at an extraordinarily high level: Around a third of work was done remotely in the United States in 2021 and 2022, according to several economists.
Ellis Acres would be built on 10 acres on the southwest side of the intersection of County Road 750 South and Indianapolis Road near the interchange of Interstates 65 and 865.
Carmel-based developer Lauth Group Inc. said Wednesday it has acquired the former Ford Visteon campus on the east side of Indianapolis and is moving ahead with plans for a $175 million, multi-tenant industrial park on the site.
The fate of more than 60 district schools may be determined in the coming weeks, as IPS grapples with declining enrollment in its traditional neighborhood schools.
Median prices of homes sold in central Indiana ticked down slightly from June to July, but are still significantly higher than they were a year ago.
The desire to connect with people who are passionate about anything with wheels and a motor led entrepreneur Jay Farmer to open Motor District Garage Condos in Westfield.
