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Former GM site provides bounty of opportunity for developer
Ambrose Property Group is proposing a massive $550 million mixed-use project that would transform downtown’s western edge from afterthought to urban gem.
Ambrose Property Group is proposing a massive $550 million mixed-use project that would transform downtown’s western edge from afterthought to urban gem.
The bonds would help finance development of a hotel complex on the site of Indianapolis’ oldest African-American church, as well as a five-story apartment and retail project near the base of Massachusetts Avenue.
Under the agreement, prospective store buyers Kroger and Fresh Encounter would be able to operate pharmacies at the locations much sooner than rival CVS expected.
Tom and Ed Battista of Bluebeard fame have purchased the Christian Unity Missionary Baptist Church near Spades Park with hopes of opening a three-screen independent cinema and restaurant.
A prominent Indianapolis family that filed a complaint against an RBC Wealth Management broker seeking nearly $20 million in damages recently accepted $3.5 million to resolve the dispute.
The additions to the food court will include a concept from Cafe Patachou founder Martha Hoover.
A developer wants to build a $20 million office and retail building at the northwest corner of East 86th Street and North Keystone Avenue.
If Marsh’s two downtown stores close, as the struggling grocer has warned could happen within two months, the locations likely would attract interest from rival supermarket operators.
The struggling supermarket chain warned the state Monday that that it is prepared to close the stores—including 11 in the Indianapolis area—within 60 days if it can't find buyer for the company.
The city is considering eliminating the highway’s Corridor Overlay, which prohibits residential use and restricts retail, parking, and building locations and sizes.
The Shoppes at Whitestown would be located on 33 acres within the Anson development with room for about 20 retailers and seven outlots. It could open by fall 2018.
With customer traffic sagging, U.S. retail landlords like Indianapolis-based Simon Property Group Inc. are using their sprawling concrete lots to host events such as carnivals, concerts and food-truck festivals.
The Indianapolis-based firm has filed plans for a 14-building project in Carmel with nearly 1 million square feet of office space, plus retail, restaurants and a dual-branded hotel.
Noblesville laid the groundwork for the campus in 2002. When East 146th Street opened in 2007, city leaders believed it would take 20 years for the area to build out. But it’s happening much faster.
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.
The department store’s lease had been due to expire next January. If it had pulled out, the downtown mall would have been left with no anchors.
Three Meridian-Kessler residents have asked a judge to review whether the city’s Metropolitan Development Commission properly granted two zoning variances for the apartment-and-retail project.
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.
Running 11 restaurants keeps Martha Hoover hopping. But the matriarch of the Patachou family is adding even more to her plate.