The building, which will include a 10-story office tower with 15,000 square feet of retail on the first floor and significant public green space, will be built on four acres where Market Square Arena stood.
The town’s redevelopment commission has agreed to sell the vacant building that housed Rosner Drugstore and will seek proposals next month to develop land across the street.
Indianapolis planners say the city needs another $7.1 million to prepare the former Central State Hospital campus for redevelopment, but they’re out of resources. A proposal to raise those funds via a new tax-increment financing district around the 142-acre site is moving through the Indianapolis City-County Council with bipartisan support.
If Angie’s List fails to live up to promises fueling a taxpayer-subsidized headquarters expansion, the company will pay an undetermined amount into an escrow account for the city’s benefit.
Great Places 2020 targets intersections that can anchor city’s next walkable villages.
The Tap beer bar has agreed to lease 6,870 square feet at the corner of New York and Delaware streets in the Pulliam Square development.
The new Red Cross building on North Meridian Street will be about half the size of what the not-for-profit originally proposed, leaving space for another development on the property.
Decades-old barriers to development are beginning to fall in Holy Cross, attracting more residential and commercial construction.
Local Initiatives Support Corp. has unveiled the results of a year-long study to identify the best uses for vacant industrial properties and what areas of the city need the most attention. Topping the list: the East Washington Street corridor.
Some real estate experts wonder whether the area’s revival relies too much on Angie’s List.
Developers planning a new Home2 Suites by Hilton in downtown Indianapolis are asking the city for a property-tax break on the project that could save them more than $650,000.
Indianapolis Historic Preservation Commission members gave the union the go-ahead to build the lot, paving the way for a $43 million apartment and retail development on Mass Ave.
Observers question architectural creativity, quality of materials in some new downtown apartments.
The planned $20 million senior housing and retail project could help breathe new life into a blighted neighborhood that’s sorely in need of investment.
Gershman Partners, which bought the Marott Center less than a year ago, wants to build the addition on an adjacent surface lot.
News that Salesforce.com wants a signature office tower downtown already has sparked an overture from one developer, shined a spotlight on available sites, and triggered fears about the impact on office vacancy rates.
Demand for office space in the neighborhood is driving Deylen Realty’s $1.2 million redevelopment of a building on South College Avenue that originally housed a bowling alley.
The not-for-profit that oversees the Indianapolis Cultural Trail and the Indiana Pacers Bikeshare program plans to shed its training wheels and renovate a former service station along the trail as its headquarters.
Strong leadership is needed for the urban Indianapolis tech park to hit its high potential.
The Indianapolis-based North American Retail Hardware Association bought a building on North Delaware Street downtown and will move its headquarters there following an extensive renovation.
