Search

The developer of an unusual, $17 million office building planned in Broad Ripple has received preliminary approval for a tax abatement on the project. The Madera, a three-story structure with [...]

Local developer Citimark Inc. plans to spend $17.9 million to revamp the former HHGregg headquarters on East 96th Street as a speculative light industrial project. Under the firm's plans, the [...]

The Chicago-based firm behind the redevelopment of the historic King Cole building at the northeast corner of Washington and Meridian streets downtown is expected to receive more than $8 million [...]

Tamika Catchings on Monday stepped down from her post as the Indiana Fever's vice president for basketball operations and general manager. effective immediately. Catchings, 42, who retired as a player [...]

The developer that last year acquired the Center Township Trustee building on Massachusetts Avenue across from the Bottleworks District is moving ahead with plans to improve the building's facade and [...]

A trio of development firms is collaborating on an expansive. $300 million project in Plainfield that will include apartments, single-family homes, a mammoth logistics facility, and an abundance of office [...]

The NBA 2K League is relocating its in-person competition to Indianapolis. leaving behind the New York City studio that had been its primary home since launching five years ago. Much [...]

Indianapolis officials are considering nearly $25 million in incentives for two major real estate projects near downtown. The City-Counly Council on Monday saw the introduction of proposals to award developer-backed [...]

The article focuses on the million dollars expansion of White River State Park in Indianapolis, U.S. which aims to connect the park to the former General Motors site where Elanco Animal Health is building a new headquarters. It highlights plans for two phases that will add event spaces, greenspaces, and a promenade overlooking the White River, preserving historical elements while creating new public amenities.

The article focuses on the increasing strain on worker supply for general contractors in central Indiana, U.S. due to a significant swell of development, with over seven billion dollars in construction underway and more planned. It highlights the competition for subcontractors specializing in essential trades like electrical, drywall, and concrete work, driven by major projects such as the new Indiana University Health Hospital campus and various expansions in downtown Indianapolis.

Noblesville and Westfield, two cities in Hamilton County, Indiana, are seeking changes to state laws in order to create their own sports districts. These districts would allow the cities to capture state income and sales taxes from designated areas surrounding sports-related projects. The aim is to generate revenue for future development and complement similar efforts in Fishers, Indianapolis, Fort Wayne, and South Bend. The cities are working with legislators and Hamilton County Tourism Inc. to gather data and research to support their proposals. [Extracted from the article]

Downtown apartment managers are extending rent specials, reducing parking costs and offering other incentives to get teriants in the door-and lock those already there into new leases-as they try to [...]

For nearly a year, central Indiana residents and businesses have reeled from the chaos the corona-virus pandemic has wrought. The virus arrived in Marion County the first week of March [...]

The pandemic has spurred the developer of the Bottleworks District along Massachusetts Avenue to reevaluate its ambitious second phase. Beloit, Wisconsin-based Hendricks Commercial Properties hoped to start construction on the [...]

The Shops at Perry Crossing in Plainfield has been plagued by a string of ownership challenges since it opened in 2005, but experts say a second foreclosure--brought on in part [...]

Indianapolis tourism officials are hopeful new coronavirus cases won't derail the city's plans to host two dozen events in the first quarter of 2021--including its efforts to bring the entire [...]

Indianapolis-area retail brokers remain mostly optimistic about the sector's future, despite some big--and likely long-lasting--hits it has taken during the pandemic. The local vacancy rate climbed to 6.7% in the [...]

The basement of the Indianapolis Motor Speedway Museum is jam-packed with hundreds of vehicles--some in pristine-condition--that never go on display. But as the facility looks to upgrade its collection, dozens [...]

The 40-story Signia Hilton hotel planned as part of the redevelopment of Pan Am Plaza would be a big addition to the downtown Indianapolis skyline. The hotel is part of [...]

By Mickey Shuey mshuey@ibj.com A planned 2.2-million-square-foot Walmart distribution center in Hancock County is set to become the largest warehouse ever constructed in central Indiana, but experts say the region [...]

Several downtown restaurants have already shuttered in the midst of the coro-navirus pandemic, and experts say many more could be on the chopping block without the sustained convention and event [...]

Prominent Indianapolis retail developer Craig Johnson took his own life in May, leaving behind what court records show is millions of dollars in debt that might not be covered by [...]

A revamped statewide cooperative that has been taken over by the Indiana Sports Corp. could go a long way in helping sports-focused groups around the state attract events to their [...]

Area garden centers saw more green than usual this spring. Stay-at-home orders led central Indiana homeowners to spend money on their outdoor living spaces, even after a slow start to [...]

With students expected to return to most Indiana college campuses this fall, housing management firms are anticipating a boost to their bottom lines and a renewed interest in off-campus living. [...]

Gen Con LLC has scrapped its massive tabletop gaming convention in Indianapolis this year due to concerns over the coronavirus--the latest in a series of major losses for the city's [...]

Demand for office space likely will decline through the summer, as companies take a wait-and-see approach to the COVID-19 pandemic and determine how best to return their workforces to a [...]

Local brokers have made big changes in the way they sell houses in an effort to protect buyers and sellers during the coronavirus outbreak. But it's not clear yet whether [...]

The Capital Improvement Board is significantly scaling back the first phase of a $360 million Bankers Life Fieldhouse renovation as uncertainty about working conditions and the NBA season have thrown [...]

Hoosier businesses are bracing for the toughest test many of them have ever faced. Concerns about the spread of COVID-19 have put in peril thousands of businesses, from restaurants and [...]

With its debut just months away, the 12-acre, $300 million Bottleworks District on the north end of Massachusetts Avenue is filling up--with a majority of its Phase I office and [...]

Indianapolis-based developer Kittle Property Group plans to spend $54 million to create a 264-unit affordable housing project in fast-growing Whitestown. The project at 3863 S. Main St. is expected to [...]

Local developer Onyx+East plans to spend $14.7 million to build 55 town houses along the Monon Trail and the eastern edge of the Meridian-Kessler neighborhood. The project, tentatively called 46th [...]

Columbus, Ohio-based Jordan Hospitality Group recently acquired all 21 Indiana locations of Donatos Pizza, making it the pizzeria's largest franchise partner in the country. Owner Ron Jordan says he plans [...]

Local developer Onyx+East plans to spend $6.5 million to develop a vacant tract in the Old Northside Historic District into 18 town houses. The firm has secured a 0.9-acre parcel [...]

Salesforce and other major employers are continuing to evaluate their long-term plans for downtown office space, nearly two years after the pandemic sent companies scrambling to accommodate working from home. [...]

Two local development firms are working together on a $33 million apartment project in the rebounding Bates-Hendricks neighborhood as part of an effort to bring new affordable-housing units just south [...]

Elanco Animal Health Inc. officials say they expect to break ground on the company's $100 million headquarters at the former General Motors stamping plant site just west of downtown early [...]

A Carmel-based developer plans to spend $150 million to turn the sprawling site of the former Ford Visteon plant on Indianapolis' east side into a multi-building industrial and logistics campus. [...]

Indianapolis-based residential developer Onyx+East plans to spend $3.5 million to eliminate a drive-thru bank station from the heart of Fountain Square and build 10 town houses in its place. The [...]

Local apartment developer Milhaus LLC is finalizing the sale of four of its largest Indianapolis properties in an $82 million deal. The firm is selling The MK in Meridian-Kessler, Pinnex [...]

The manager of Lucas Oil Stadium and the owner of a downtown hotel have filed separate lawsuits against a developmental, quasi-professional football league, claiming nearly $1.4 million in bills have [...]

A Carmel-based developer plans to spend $50 million to develop 200 units of housing for low-income residents on the south side of Indianapolis. Pedcor Cos. will break ground on its [...]

By Mickey Shuey mshuey@ibj.com British Airways is eyeing the launch of a flight connecting London and Indianapolis in mid-2022. The U.K.'s largest airline operator hopes to start offering flights from [...]

By Mickey Shuey mshuey@ibj.com Eight local firms are collaborating on a $100 million effort to revitalize a portion of the Martindale Brightwood neighborhood, along the Monon Trail, that would include [...]

A little more than a year after stepping down from his role as Indiana University's athletic director, Fred Glass has authored a book detailing his experience in the position and [...]

The article from the Indianapolis Business Journal announces that the Indy Ignite and Fishers Event Center will host the inaugural Pro Volleyball Federation All-Star Match in February. The event will be nationally televised and marks the second season for the federation and the first season for the Ignite franchise. The article also mentions the closure of the Noblesville Jim Dandy Family Restaurant after 60 years in business due to a lack of interest from the next generation of owners. [Extracted from the article]

A $22 million apartment and retail project for veterans is being planned by Avon-based developer Fortified Group LLC near East 38th Street and Keystone Avenue in Indianapolis. The development, called 37 Keystone, will include 92 apartments and 3,700 square feet of retail space, with a mix of market-rate and reduced-income housing for homeless veterans. The project aims to revitalize the neighborhood and provide a sense of pride for residents, with amenities such as a fitness area, community office, and green space included in the plans. The property is currently under contract pending city approvals and is expected to contribute to the community's growth and well-being. [Extracted from the article]

The Indianapolis Airport Authority has received approval from the FAA to permanently close the Indianapolis Downtown Heliport after IU Health's LifeLine operation relocates to Hancock County. The authority plans to decommission the heliport property for future redevelopment, with LifeLine expected to remain active at the downtown heliport through 2025. The closure process involves meeting various FAA requirements, including submitting a final closure date, removing all airworthy aircraft, and selling the property for fair market value. [Extracted from the article]