Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.
In total, the $113 million, three-phase Reimagine Pleasant Street project involves extending, realigning and expanding Pleasant Street into a 2-1/2-mile corridor from State Road 32 to just west of State Road 37.
Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building’s owner for its upcoming Fletcher Place exit.
Illumine will open a location at 11 S. Meridian St., taking over a spot previously occupied by a Hubbard & Cravens Coffee and Tea shop.
A U.S. bankruptcy judge on Thursday approved the casual seafood chain’s reorganization plan, which includes a lender group led by asset manager Fortress acquiring the business.
The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously approved by the Indianapolis Historic Preservation Commission after about a half-hour of presentation and discussion.
The 23,000-square-foot store will take over space in the lower level of Claypool Court previously occupied by the Rhythm! Discovery Center.
St’Artup 317 is a short-term showcase for businesses on the path to becoming long-term tenants elsewhere in the city.
The CIB is buying the property as a strategic acquisition tied to the ongoing redevelopment of Pan Am Plaza.
Several new eateries and retailers have either opened or are set to open in Greenwood or in the nearby area, including a pair of Asian restaurants and a Mexican eatery.
Plans now call for the residence hall to be redeveloped into a 105-room hotel that will operate under Hilton Worldwide Holdings Inc.’s upscale Curio Collection flag.
Italy-based Prema Racing plans to join the IndyCar Series in 2025 as a two-car team with Chevrolet.
Indianapolis-based TWG Development has overhauled its design for the skyscraping tower planned at 222 N. Alabama St., immediately north of Old City Hall and considered the bulk of the $264 million redevelopment project for the west side of that block.
In addition to bringing back the tribute to Mpozi Tolbert, organizers want to install a new mural commemorating Ron “DJ Indiana Jones” Miner.
Andretti Global’s new headquarters in Fishers is a steel skeleton in the middle of a dusty field, but the motorsports giant’s future home is starting to come into focus.
More than half of the expected developments within the district the city has designated as a professional sports development area, or PSDA, have yet to break ground.
The 300,000-square-foot facility will receive and distribute primarily corn and soybean seeds that will eventually end up on Indiana and Ohio farms.
The bonds could be used to help fund a list of downtown projects, including improvements to Georgia Street and multiple downtown underpass projects.
Plans for The Granary call for a four-story building and parking garage with 225 luxury apartments, 5,000 square feet of retail space and about 300 parking spaces for residents and the public.
Reagan Park could soon benefit from an economic development tool that would capture the tax dollars from new developments to benefit existing residents and potentially help them stay in their homes.
