Lawmakers seek path to remediate brownfields through inventory
Senate Bill 307 would allow the Indiana Brownfields Program to be used to study brownfields and to create a statewide inventory, although the bill provides no funding for the task.
Urban Development
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Architect Stephen Alexander helping to sketch future of Old Southside
He has a big plan for the south side of downtown, but the plan is ever evolving and it will require hundreds of millions of dollars in investment and large-scale rethinking of development along the Interstate 70 corridor.
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Developer planning 35 condos, townhomes on near-east side, including church conversion
The Michigan-based firm intends to develop 20 condos and 15 townhomes on parcels near the nexus of the Holy Cross, Arsenal Heights and Woodruff Place neighborhoods.
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Onyx+East, storage company plan new development in Lockerbie
Onyx+East has partnered with Extra Space Storage to redevelop the block at the southeast corner of North and Fulton streets with new residences and a six-story storage facility. The project will require the demolition a nearly century-old building.
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UPDATE: Tech-staffing firm eyes Broad Ripple for new office-apartment HQ complex
Sources said Eight Eleven Group is hoping to build a five-story office building, an adjacent four-story apartment structure and an underground parking garage where 200 to 250 people will be employed.
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Articles
INDOT seeking more public input on future of urban interstates
As they embark on a new vision for the interstates that run through Indianapolis, state transportation officials say they hope to learn from past mistakes by making community engagement a focal point of the planning process.
City pushes for more affordable housing in trio of development requests
The Department of Metropolitan Development is calling for proposals for vacant, city-owned sites in Martindale-Brightwood, in the Sherman Park area and on the near-west side of Indianapolis.
City taking redevelopment proposals for City Market wing, Jail II, Arrestee Processing Center
The Department of Metropolitan Development on Thursday released two requests for proposals covering the three structures to developers.
Indy Parks committee advances plans to buy 50 acres
The Indianapolis City-County Council’s Parks and Recreation Committee on Thursday unanimously advanced a plan to acquire four plots of land adjacent to existing parks.
South Meridian condo project gets approval to move forward in phases
The Indianapolis Historic Preservation Commission on Wednesday voted to approve changes to the design and construction timeline for a downtown condominium project planned along South Meridian Street.
Ambrose, city likely to spend years in court over GM site development
Negotiations could be difficult, given that both sides have strong arguments, legal experts say.
Hotel plan for King Cole Building gets go-ahead from IHPC
The IHPC voted unanimously to green-light construction plans for converting the King Cole building into a hotel, along with a new penthouse on the roof of the 11-story building suited for a restaurant or bar.
Bottleworks adds three more tenants to Garage Food Hall lineup
The Garage Food Hall is part of the much larger, 12-acre, $300 million Bottleworks development at 850 Massachusetts Ave. that will include retail, residential, office and restaurants, as well as a hotel.
Plans for King Cole Building call for $21M redevelopment, Motto hotel
Indy Propco LLC, which has owned the 11-story building at 1 N. Meridian St. since January, wants to turn the property into a Motto by Hilton that would have at least 116 rooms, according to plans recently filed with the Indianapolis Historic Preservation Commission.
Council committee stalemate could stall plans for $66M apartment development
The Metropolitan and Economic Development Committee of the City-County Council could not reach a consensus Monday on a recommendation for a long-delayed 11-story downtown project at 421 N. Pennsylvania St.
Council approves creation of new south-side TIF distrct
The city plans to spend $3 million on infrastructure, lighting and beautification projects in the area, using funds generated within the TIF district.
Could land trusts keep housing affordable, avoid gentrification?
In a quest to create permanently affordable housing, about 25 Indianapolis community groups and development corporations have formed the Community Land Trust Coalition.
TWG seeks tax break for $26M apartment project at old IPS site
TWG Development could save $1.4 million on the 188-unit Wesmont, named after jazz guitar legend Wes Montgomery. It’s part of the company’s larger redevelopment project south of East 16th Street and east of the Monon Trail.
Once-dilapidated far-east-side shopping center to become home for retail startups
Following a multimillion-dollar renovation, a far-east-side building that was on track for demolition is set to emerge as a retail-startup hub that supporters say could revitalize a neglected part of town.
Plans for hotel at One North Penn progress as owner reaches deal with holdout tenant
After a legal battle and mediation, Centier Bank plans to relocate its branch while the owner of the historic tower at Pennsylvania and East Washington streets prepares to revamp it as a swanky hotel.
Council committee OKs up to $7M in bonds for downtown Block 20 project
The financing plan for the two-site $40 million project near the Athenaeum was advanced by a City-County Council committee just days after a group opposed to the project accused the developer of unprofessional conduct.
Shell of former gas station on cusp of Meridian-Kessler to become office building
Real estate agent and nearby resident Kelly Lavengood says she was inspired by other rehab projects in the area to buy and renovate the former Pure Oil gas station on 38th Street.
Kurt Vonnegut Museum planning to buy building on Indiana Avenue
The Kurt Vonnegut Museum and Library is hoping to raise $1.5 million to acquire the building, which would house the museum and a cafe operated by the owners of Bluebeard restaurant.
East 10th Street pursues status as arts district; some neighbors brace for change
A new, $4.3 million Lilly Endowment grant is poised to spark the transformation of a one-mile stretch of East 10th Street into a hotbed for the arts.