Boomerang planning $150M residential development in Fishers
Abbott Commons would include homes ranging in cost from $325,000 for townhomes to single-family houses for $475,000.
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Developer planning 11-story, $85M apartment project near IU Health campus
To be named Hall Place Apartments, the 308-unit project would occupy about two acres just south of 18th Street and west of Illinois Street.
The changing face of Indy’s malls
Local malls and shopping centers are continuing to grapple with the decline in brick-and-mortar retail demand by trying to reinvent themselves with a focus on amenities.
Indy competes for $75M to remake brownfields for food processing, manufacturing
A coalition of city-county government and local community groups this week completed a final round of applications for a federal grant of up to $75 million, that could total $90 million with a required local match.
Existing-home sales hold steady in central Indiana amid rising prices
The median price for homes sold in the area last month was up 13.6%, to $253,245, compared with $223,000 in February 2021.
Kirk’s ending historic hardware store run in downtown Noblesville
Kirk’s Hardware, owned by Bill and Carrie Prater since 2002, is set to close at the end of the month. The 133-year-old, six-floor building that houses the business at 848 Logan St. has always had a hardware store as a ground-floor occupant.
Indianapolis launches first phase of building energy tracking program
Called Thriving Buildings, the program’s initial phase includes voluntary participation by private building owners while mandating participation for some municipal buildings.
Local developers planning $60M apartment, retail project on Cultural Trail in Fountain Square
The site of a one-story, nondescript building in Fountain Square used sparingly for local White Castle operations soon could house a five-story building with nearly 200 apartments and six street-level storefronts.
New sites for deaf school, state archives building announced by governor
Gov. Eric Holcomb on Tuesday announced long-awaited site plans involving the Indiana School for the Deaf, the Indiana School for the Blind and Visually Impaired, and a new state archives building.
U.S. office buildings face $1.1 trillion obsolescence problem
Office buildings that opened since 2015 recorded more than 51 million square feet of occupancy gains since COVID hit, but vacancies have swelled elsewhere, according to Jones Lang LaSalle.
Next site for Cake Bake Shop is Walt Disney World Resort
The Cake Bake Shop by Gwendolyn Rogers will join restaurants and shops along Disney’s BoardWalk near Orlando, Florida.
City ponders coordinating redevelopment of multiple downtown sites
Roughly 17-1/2 acres of city-owned property in various stages of the redevelopment process have developers chomping at the bit to make their mark on the city’s skyline.
Q&A: Haughville native to launch restaurant incubator
Aaron Williams, a Zionsville resident and client executive at Google, is planning to launch a shared kitchen and events center with his wife in Haughville this summer.
Developer of timber-built office project in Broad Ripple seeks abatement
The project would occupy four parcels between 6407 and 6419 Ferguson St., which are occupied by four residential-style buildings that have housed short-term rentals and small businesses.
Damien Center acquires SPJ headquarters on North Meridian
Damien Center plans to use the building as a second satellite location, while SPJ headquarters employees will now work mostly on a remote basis.
Indianapolis man pleads guilty in real estate rental fraud scheme
Herbert “Bert” Whalen, who operated Oceanpointe Property Management in Indianapolis, engaged in a scheme to obtain millions of dollars from dozens of out-of-state investors, prosecutors said.
Tony Stewart’s home, 415-acre hunting getaway, on market for $30M
The racing legend’s property in central Indiana includes a 20,000-square-foot luxury log-built house with an adjacent nine-acre lake.
Troubled Lakeside Pointe apartment complex acquired
Lakeside Pointe at Nora apartment complex—under threat of a city nuisance lawsuit—has a new owner. The former owner owed more than $225,000 for 600-plus housing code violations at the complex.
Ambrose expanding Mount Comfort logistics park with new building
Plans call for the $60 million Building V to be 753,000 square feet, expandable up to 1.1 million square feet. It is expected to be completed in November and suited for distribution, light manufacturing and assembly.
Citimark plans $18M revamp of former HHGregg HQ for logistics uses
And because the property fronts the busy East 96th Street commercial corridor, the developer is also exploring options for retail outlots on the north end.