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Indianapolis: Developments and News

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Some Mass Ave projects:

 

The Marietta:

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Others...

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Townhomes-2-1.jpg


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Developer embarking on three downtown for-sale housing projects

 

REW_Jan3_condos_440px.jpg?1483458810

 

Onyx + East, the local housing developer that was spun off last year from Indianapolis-based Milhaus, has three for-sale housing projects in the pipeline downtown, two of which are set to break ground in the first quarter.

 

At the corner of North Street and Fort Wayne Avenue—just north of the Minton-Capehart Federal Building and adjacent to the Cultural Trail—the developer is planning 12, two-bedroom units in a two-building development. The $3.6 million project will include townhouses and flats ranging from 1,340 to 1,667 square feet and priced from the low $300,000s.

 

More below:

http://www.ibj.com/articles/61874-onyx-east-embarking-on-three-downtown-condo-projects?utm_source=ibj-real-estate&utm_medium=newsletter&utm_campaign=2017-01-03


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360 Market Square / Whole Foods is coming along!

 

XrCyf37.jpg

 

lLq7z7U.jpg


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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J.C. Hart Company Secures 2nd Broad Ripple Project, The Line – Urban Flats on the Monon

 

"Well, we’ve got some exciting news to share! J.C. Hart has acquired the former Rogers Pool property on Westfield Boulevard along with an adjoining parcel on which they will construct our 2nd multifamily project in Broad Ripple to be named The Line – Urban Flats on the Monon.

 

The Rogers property has been owned by the Blickman family since opening Rogers Swimming Pools there in 1959. The family has joined forces with J.C. Hart Company in a joint venture, Hoosier Line, LLC, to build the project which will feature 130 studio, 1, & 2 bedroom flats, designed by the architectural firm, Weaver Sherman Design. An adjoining parcel, which will be part of the property, was purchased from Veritas Realty. Final design work and the closing of construction financing will allow demolition by the spring with construction beginning in early summer of 2017."

 

More below:

https://homeisjchart.com/j-c-hart-company-secures-2nd-broad-ripple-project-the-line-urban-flats-on-the-monon/

 

The-Line-Urban-Flats-on-the-Monon-Rendering-1024x662.png


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Nice, Broad Ripp is really booming and densifying.  Indianapolis is interesting because from downtown north to Broad Ripple it's got to be close to 8 miles, and while there are some small nodes of commercial really the only main area is Broad Ripple.  But I think B Ripp is a lot bigger commercial district than any node in Cincinnati outside of OTR.  It really is a big area and they are really adding a ton of apartments there.  B Ripp is like adding together Oakley, Hyde Park and Mt. Lookout into one node, it seems.  Of course very different structurally but, interesting area nonetheless. 

 

Also, I kind of wonder if Cincinnati will see the type of re-development along the Wasson Trail as B Ripp has seen along the Monon Trail.  I highly doubt it, as a lot of the area along the Monon close to B Ripp seemed pretty tired and run down.  Most of the area along the Wasson is pretty well developed besides a few places and considering how much Hyde Park refuses to densify or add any commercial, I kind of doubt we will see much spin off development in that Hyde Park area, which kind of begs the question, what is the economic value besides being gift to Hyde Park?

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TWG buying former Ford plant for apartment project

 

focus-ford-29-bp-450.jpg?1475769267

 

TWG Development Inc. is set to become the new owner of Ford Motor Co.’s vacated East Washington Street assembly plant that once was part of Angie’s List Inc.’s grand expansion plans.

 

The Indianapolis Public Schools board on Thursday voted to accept the apartment developer’s bid to buy the four-story, 102-year-old building for $1.65 million, which bested four competing proposals.

 

TWG plans to redevelop the 160,000-square-foot structure by converting the ground level into a mix of office and retail space, with market-rate apartment units on the top three floors.   

 

More below:

http://www.ibj.com/articles/62686-twg-buying-former-ford-plant-for-apartment-project


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6369 Guilford Ave

 

From SSC...

 

4 floors:

- 20,930 SQFT - Commercial/Office Space

- 9 Loft style apartment

- 5 Urban walk-up townhomes

 

e988487684b3416c8c4ad94e0dccb0ca.jpg


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Development taking off in east-side corridor

 

360-market2-450-bp.jpg?1488487841

 

Harrison College has put its downtown campus along East Washington Street on the market and is asking $11.5 million for the two properties—a steep jump from their assessed values but reflective of the area’s increasing potential for growth.

 

The five-block stretch of East Washington, from Alabama Street to College Avenue, had been devoid of new development for years until Milhaus Development LLC began building the Artistry apartment building in 2012 at Market and East streets, which was followed by a second phase on the same block called Mentor and Muse, bringing 500 units to the corridor.

 

Since then, activity has heated up. In January, Cummins Inc. opened its global distribution headquarters on the block west of Artistry, on part of the former Market Square Arena site, and two more apartment projects are under construction nearby.

 

More below:

http://www.ibj.com/articles/62793-development-taking-off-in-east-side-corridor


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Nice, Broad Ripp is really booming and densifying.  Indianapolis is interesting because from downtown north to Broad Ripple it's got to be close to 8 miles, and while there are some small nodes of commercial really the only main area is Broad Ripple.  But I think B Ripp is a lot bigger commercial district than any node in Cincinnati outside of OTR.  It really is a big area and they are really adding a ton of apartments there.  B Ripp is like adding together Oakley, Hyde Park and Mt. Lookout into one node, it seems.  Of course very different structurally but, interesting area nonetheless. 

 

Also, I kind of wonder if Cincinnati will see the type of re-development along the Wasson Trail as B Ripp has seen along the Monon Trail.  I highly doubt it, as a lot of the area along the Monon close to B Ripp seemed pretty tired and run down.  Most of the area along the Wasson is pretty well developed besides a few places and considering how much Hyde Park refuses to densify or add any commercial, I kind of doubt we will see much spin off development in that Hyde Park area, which kind of begs the question, what is the economic value besides being gift to Hyde Park?

 

What Indy really needs is a light rail line down Meridian with an offshoot to Broad-Ripple. The Downtown is booming too, but these stronger districts are disconnected and far apart. Indy lost a larger percentage of its population than Columbus did in its 1950 boundary area (the pre-WW2 urban core), so it is a largely disconnected city. The dense, vibrant nodes function as islands.

 

Still, the momentum is real, and the turnaround is a great to see!

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Yeah, I think a rail line up to Carmel would be a boon for that Meridian corridor. There are some great Chicago-esque rowhouses and apartment buildings just north of downtown and I'd love for that area to start seeing Mass Ave-type development.


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Debut of $37M Coil to kick off Broad Ripple apartment flurry

 

Broad Ripple’s quest to bring more residents into its commercial core and add more daytime traffic to the nightclub-studded neighborhood is about to get a big boost on April 1.

 

That’s when Browning Investments is set to open its $37 million Coil mixed-use development on North College Avenue along the northern edge of the Central Canal.

 

The project contains 151 apartments ranging in size from 550 square feet to 2,980 square feet and is anchored by a 33,500-square-foot Fresh Thyme grocery store. Monthly rents range from $950 to $2,500.

 

More below:

http://www.ibj.com/articles/62836-debut-of-37m-coil-kicks-off-broad-ripple-apartment-flurry

 

The-Coil_500px.jpg?1488897314


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Indy updates, courtesy of SSC-

 

Lux on Capitol - 3/16/17

 

Illinois St. looking North

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Illinois St. and Michigan St.

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Michigan St. and Capitol Ave.

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Capitol Ave. and North St. looking South

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Capitol Ave. and North St. looking East

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Along North St.

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The Marietta - 3/18/17

 

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Could Indianapolis' White River riverfront look like this? Maybe, someday

 

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Changes could be on the horizon for Indianapolis’ White River riverfront.

 

A group of Indianapolis leaders along with the White River State Park Commission’s Executive Director visited Wilmington, North Carolina last week to get some ideas for what they could do to the riverfront here in Indy.

 

The riverfront in Wilmington is often considered one of the most beautiful in the country, and city leaders who visited there last week are hoping to bring back some ideas on how to improve the riverfront here in Indianapolis and create competition for that title.

 

More below:

http://www.theindychannel.com/news/local-news/could-indianapolis-white-river-riverfront-look-like-this-maybe-someday


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$41M apartment project in Mile Square moving forward

 

Construction on a $41 million apartment and retail project downtown should begin in the fall and finish in early 2019, developers told Metropolitan Development Commission members Wednesday.

 

Dubbed The Ardmore, the five-story development is slated to be built on 2.8 acres at the southwest corner of North Delaware and East New York streets. (Click on image for larger view.) That’s the same block as the 36-story Regions Tower, which was developed in 1970 and for many years was the tallest building in the state.

 

Ardmore_rendering_1000px.jpg

 

More below:

https://www.ibj.com/blogs/3-property-lines/post/63465-41m-apartment-project-in-mile-square-moving-forward


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Goodwill, developer proposing $26M apartment project for near-west side

 

A local joint venture wants to build a four-story, $26 million apartment project on the near-west side that would be geared toward middle-income workers who can’t afford higher downtown rents.

 

Strategic Capital Partners is partnering with Goodwill of Central & Southern Indiana on plans to construct 220 units, 10,300 square feet of commercial space and 220 parking spaces at the southwest corner of West Michigan Street and White River Parkway—directly west of the White River. The project is named Riverview.

 

More below:

https://www.ibj.com/blogs/3-property-lines/post/63571-goodwill-developer-proposing-26m-apartment-project-for-near-west-side

 

Riverview-Apartments-900px.jpg


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Indy’s Red Line transit system gets $50 million in federal funds

 

The spending bill compromise reached by Congress and announced Monday includes some positive news for Indianapolis.

 

The deal includes $50 million funding for the Red Line system from Broad Ripple to downtown to the University of Indianapolis.

 

Last year, voters approved a measure that would tax them $54 million annually to supplement the federal money.

 

More below:

http://fox59.com/2017/05/01/indys-red-line-transit-system-gets-50-million-in-federal-funds/

 

red-line.jpg


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well, damn, something's going on in indy, even if it is mostly variations of the same apt building. who cares though, obviously people are liking it and the more density they can build back up and the more people the better. good for them.

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Retail, office space planned for former General Motors plant site in Indianapolis

 

A hotel, office space and retail space is planned for the former General Motors plant site west of downtown Indianapolis.

 

The property was sold to Ambrose Property Group, which submitted a proposal for 2.7 million square feet of development and investment of more than $550 million for apartments, office space, retail space and a hotel along the White River.

 

More below:

http://www.theindychannel.com/news/local-news/retail-office-space-planned-for-former-general-motors-plant-site-in-indianapolis

 

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Contentious Chatham Arch condo project wins approval from city commission

 

A contentious condominium development that would encompass an entire block in the Chatham Arch neighborhood has finally won approval from the city.

 

The Indianapolis Historic Preservation Commission voted 6-1 Wednesday in favor of the project, which features 55 condominiums in two four-story buildings along North East Street south of Ninth Street, along with seven single-family homes and four townhouses situated on the east side of the block facing North Park Avenue.

 

More below:

https://www.ibj.com/blogs/3-property-lines/post/63690-contentious-chatham-arch-condo-project-wins-approval-from-city-commission?platform=hootsuite

 

Chatham_Arch_project_North_May2017_900px.jpg


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:wtf: :wtf: :wtf: :wtf: :wtf:

 

A Bizarre Park Called The Idle Is Planned For Downtown

 

Indianapolis tourism has always been hampered by the lack of an ocean, lake, shoreline, or mountains—something majestic for the advertisements, something obvious for visitors to gravitate to. Our something-majestic is the Indianapolis Motor Speedway. Concrete and pavement and fumes.

 

Not quite the same, right? Not so fast, says Tom Battista, one of downtown’s visionaries. He finds traffic fascinating, so much so that he’s creating a park overlooking downtown’s interstates. It’s called The Idle, and after five years of work on the plan, the wheels are finally turning. The Federal Highway Administration has signed off, Battista says, and yesterday, the project launched a $41,000 crowdfunding campaign with a matching grant.

 

More below:

http://www.indianapolismonthly.com/news-opinion/bizarre-park-the-idle/

 

The-Idle-Park.png


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Five years for some plastic seats and a Cedar Point style useless non-canopy?  :-o


“To an Ohio resident - wherever he lives - some other part of his state seems unreal.”

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Butler set to start work on $49M School of Business building

 

Butler_Lacy_School_rendering_500px.jpg?1493735291

 

The transformation of the Butler University campus is continuing with the college’s plans to break ground next month on a $49 million building to house its School of Business.

 

Butler’s business school now occupies the Holcomb Building which, along with neighboring Gallahue Hall, will be renovated in the next few years as part of a separate, $92 million project to grow the school’s science program.

 

More below:

https://www.ibj.com/articles/63650-butler-set-to-start-work-on-49m-school-of-business-building


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New plans emerge for former Omar Bakery site on East 16th

 

Cal_Atlantic_rendering_1000px.jpg

 

A new plan to redevelop the former Omar Bakery property near East 16th Street is nearing city approval, with the proposal calling for the demolition of the vacant, century-old building.

 

After receiving the green light from the Regional City Hearing Examiner on May 11, the proposal from CalAtlantic Homes of Indiana (formerly Ryland Homes) to build 34 townhomes on the near-north-side lot is set to be presented June 7 to the Metropolitan Development Commission.

 

More below:

https://www.ibj.com/blogs/3-property-lines/post/63862-new-plans-emerge-for-former-omar-bakery-site-on-east-16th?id=3-property-lines


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Can proposal to run train to downtown Indy for Colts, Pacers games overcome obstacles?

 

636325355653077016-indianatrainmuseum-ss-01.JPG

 

How's a train from Fishers to an Indianapolis Colts game, coupled with a little "rail-gating," sound?

 

Or a business-related excursion on a fine-dining car with a few dozen of your favorite corporate clients?

 

Those are some of the ideas being rolled out by the Indiana Transportation Museum for expanded service along the Nickel Plate rail line from Tipton to Indianapolis. The Noblesville museum submitted a proposal this week to the Hoosier Heritage Port Authority, which oversees the 37-mile line through Marion and Hamilton counties. The track is owned jointly by Fishers, Noblesville and Hamilton County.

 

More below:

http://www.indystar.com/story/news/local/hamilton-county/2017/06/15/can-proposal-run-train-downtown-indy-colts-pacers-games-overcome-obstacles/393964001/


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Sounds like a great idea.  I'm guessing this rail line isn't unlike our Cuyahoga Valley Scenic Railway here in Cleveland.  It's interested that some suburban Indy folks want to tear up the track for a hiking trail... IIRC Indy has a couple other greenways where LRT could be/could have been built. Hiking trails are all well and good, but give me a working commuter rail line any day of the week.

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City pores over more designs for mammoth Bottleworks project on Mass Ave

 

Bottleworks_Bldg15_258px.jpgBottleworks_Bldg2_258px.jpg

 

The Indianapolis Historic Preservation Commission reviewed designs on Wednesday evening for four more buildings in the massive Bottleworks project proposed for the site of the former Coca-Cola bottling plant downtown.

 

Greg Uhen of Milwaukee-based Eppstein Uhen Architects highlighted an eight-story office building slated for the southwest corner of 10th and Bellefontaine streets and three mixed-use buildings set for the triangular section at the southwest end of the development at North College and Massachusetts avenues.

 

More below:

https://www.ibj.com/blogs/3-property-lines/post/64321-city-pores-over-more-designs-for-mammoth-bottleworks-project


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City preservation officials sign off on $260M Bottleworks project

 

A Wisconsin firm’s efforts to redevelop the 11-acre site of the former Coca-Cola bottling plant downtown took a major step forward Wednesday evening.

 

The Indianapolis Historic Preservation Commission unanimously approved with conditions the design from Hendricks Commercial Properties, which is proposing to build a $260 million mixed-use project on the property at North College and Massachusetts avenues.

 

IHPC awarded Hendricks a certificate of appropriateness that says the current design has a life of seven years, after which developers again would need to seek approval. The project is so large that it could take at least that long to finish it.

 

More below:

https://www.ibj.com/articles/64667-city-preservation-officials-sign-off-on-260m-bottleworks-project

 

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Bottleworks_July19_College_1000px.jpg


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Owner of historic downtown building pitching 24-unit condo project

 

Kreig_building_conceptual_500px.jpg?1503414145

 

The owner of a historic building just three blocks from Monument Circle and across South Meridian Street from Circle Centre mall wants to demolish most of the structure to make way for a condominium development.

 

The project would stand six stories and blend new construction with old by incorporating the façade and another portion of the original building at 119 S. Meridian St. The project also would occupy a narrow property immediately to the north that currently is used for surface parking.

 

More below:

https://www.ibj.com/articles/65105-owners-of-historic-downtown-building-pitching-24-unit-condo-project


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Murat group again exploring deal to sell Old National Centre property

 

Murat_mag_rendering_hi-rez_500px.jpg?1505746753

 

The group that owns the landmark Old National Centre entertainment and hospitality venue in downtown Indianapolis is considering selling the property to a local developer, which in turn would build it a new headquarters on the same site as part of a larger hotel project.

 

The latest bid marks the second time in three years that the Murat Temple Association has fielded an offer for the property at 502 N. New Jersey St.—this one from Browning Investments, according to a local real estate source with knowledge of the offer.

 

More below:

https://www.ibj.com/articles/65463-murat-group-again-exploring-deal-to-sell-old-national-centre-property?utm_source=ibj-daily&utm_medium=newsletter&utm_campaign=2017-09-18


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San Francisco firm converting historic downtown office building into hotel

 

NEW_One_North_Penn_500px.jpg?1491408030

 

A San Francisco-based hospitality company has agreed to convert the 109-year-old One North Penn building downtown into a 130-room hotel.

 

Kimpton Hotels & Restaurants announced Thursday morning the deal with locally based building owner Loftus Robinson LLC to bring its first hotel to the city. The hotel is set to open in early 2020.

 

The project is intended to turn the 16-story building, at the northeast corner of Washington and Pennsylvania streets, into a hotel with a signature restaurant, rooftop bar and more than 5,000 square feet of meeting space.

 

More below:

https://www.ibj.com/articles/66681-san-francisco-firm-converting-historic-downtown-office-building-into-hotel?utm_source=breaking-news&utm_medium=newsletter&utm_campaign=2017-12-14


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High-end row house project under way in Herron-Morton neighborhood

 

A local developer has started construction on a $6 million residential project that will bring more high-end homes to the thriving Herron-Morton Place neighborhood north of East 16th Street.

 

Litz & Eaton Development Co. is building 13 rowhomes as part of a two-building development on the west side of Pennsylvania Street. The surface lot on which the homes will be built sits just north of East 18th Street, in an area where pricey custom houses are cropping up with more frequency.

 

More below:

https://www.ibj.com/blogs/3-property-lines/post/67335-6m-residential-project-under-way-in-re-emerging-herron-morton-neighborhood?id=3-property-lines

 

Penn-Row-Litz-1000px.jpg


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With Carson's out, what's next for Circle Centre?

 

Real estate experts say they are confident the three-story space Carson’s plans to vacate in Circle Centre mall can be filled, by another retailer or office user, despite the mall’s troubles.

 

Bon-Ton Stores Inc., the struggling parent of Carson’s and other mid-tier department store brands, announced Wednesday that the store at the corner of Meridian and Washington streets is one of more than 40 locations slated to close.

 

A liquidation sale is set to begin Thursday and could run for as long as 12 weeks, Pennsylvania-based Bon-Ton said in its announcement.

 

More below:

https://www.ibj.com/articles/67308-with-carsons-out-whats-next-for-circle-centre

 

Carsons_440px.jpg?1467207484


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Luxury town homes are about to be built on a rare available plot of land in Lockerbie Square

 

636613858803265523-LB-SITE-MASSING-MODEL-18DEC17-2018-03-20-08415900000.png

 

In about a month, developers will begin constructing 12 luxury condos on a half-acre plot of unused land in the Lockerbie Square neighborhood, just east of Mass Ave.

 

The $8 million Liberty Place is one of a handful of similar projects Litz & Eaton Development Co. is developing, including 13 Parisian-style row houses in Herron-Morton, and two more in Fletcher Place and Fall Creek Place.

 

"It's our brand to go into A+ neighborhoods and find rare pieces of land to build on," Litz Real Estate's Brad Litz said. "Lockerbie is probably the most desirable neighborhood Downtown."

 

More below:

https://www.indystar.com/story/entertainment/2018/05/10/luxury-town-homes-built-rare-plot-lockerbie-square/591282002/


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Developer proposes 10-story office tower for East Washington Avenue

 

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Stone House Development has preliminary plans for at least 100,000 square feet of office space, some 20,000 square feet of retail space and a roughly 350-stall parking structure for the 1000 block of East Washington Avenue at the intersection of North Ingersoll Street, said Richard Arnesen, vice president of Stone House.

 

More below:

https://host.madison.com/wsj/news/local/govt-and-politics/developer-proposes--story-office-tower-for-east-washington-avenue/article_9b89be38-053a-51b2-8e93-b5b57fb33f18.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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those townhouses are pretty ugly, although i'm sure they are great on the inside.

 

after all high end is high end.

 

anyway good for them as specifically high end isnt really something we hear about or much about in new ohio city downtown developments.

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Historic Downtown Indianapolis office building set to become 128-room Aloft hotel

 

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A vacant, 120-year-old Downtown Indianapolis building may soon see new life as a 128-room hotel.

 

Officials of Everwood Hospitality Partners this month announced that the company has acquired the 12-story building located at 136 E. Market St., and will convert it into an Aloft Hotel.

 

Built in 1898, the building has served as law offices, a law library and a bank. The building's most recent anchor tenant was Stock Yards Bank & Trust.

 

More below:

https://www.indystar.com/story/news/2018/08/27/former-downtown-indianapolis-building-become-128-room-aloft-hotel/1109921002/


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Kite to build 2 hotels at Pan Am Plaza; city to spend $120M on attached meeting space

 

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Indianapolis’ once-celebrated-but-now-underused Pan Am Plaza is the planned site of a $120 million, publicly funded addition to the Indiana Convention Center plus two privately funded Hilton-branded hotels that together would have more than 1,400 rooms.

 

The Capital Improvement Board voted on Friday to recommend construction of the convention center expansion and to work with Kite Realty Group Trust as the master developer on the project.

 

The resolution gives the CIB authority to work on a project agreement with Kite and an overall financing model.

 

The Kite plan was one of three submitted in March in response to the CIB’s request for proposals for another convention-style hotel with 800 to 1,000 rooms.

Mayor Joe Hogsett’s administration has endorsed the Kite plan.

 

A key component of the project is a 38-story, 800-room hotel that would be developed by Kite and branded as Hilton on the northeast corner of the plaza at Illinois and Georgia streets. It would be Indianapolis’ second-largest hotel, behind only the 1,005-room JW Marriott that opened in 2011.

 

Kite plans to build a second, 600-room hotel, as well, which would be on the southeast corner of the block at Illinois and Louisiana streets. It also would carry a Hilton brand.

 

Full article below:

https://www.ibj.com/articles/70937-kite-to-build-2-hotels-at-pan-am-plaza-city-to-spend-120m-on-attached-meeting-space?utm_source=breaking-news&utm_medium=newsletter&utm_campaign=2018-10-19?utm_source=breaking-news&utm_medium=newsletter&utm_campaign=2018-10-19


...and --> https://www.thinglink.com/scene/1109494405582028803

 

...and --> https://www.theindychannel.com/news/local-news/indianapolis/downtown/indiana-convention-center-to-get-expansion-at-pan-am-plaza

 

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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More high-res renderings of the two hotels:

 

convention-center-hotel-2.jpg

 

smaller-convention-center-hotel.jpg


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Neighbors of Mile Square apartment project satisfied with bigger, reconfigured plans

 

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An East Coast developer’s efforts build a mid-rise apartment building downtown across from the Indiana War Memorial could get approval from city development officials this week, following months of conversations between the developer and representatives of a neighboring building.

 

The proposed 11-story project at 421 N. Pennsylvania St. has undergone extensive changes since it was revealed this spring.

 

The initial plan from Boston developer Charles Street Investment Partners LLC called for 165 apartments, 157 parking spaces and 2,000 square feet of commercial space on the site of the former Essex Hotel, which has been a parking lot for nearly the past 25 years. As a seven-story mixed-use building, the 39,300-square-foot development carried an estimated price tag of $15 million.

 

More below:

https://www.ibj.com/articles/71570-neighbors-of-mile-square-apartment-project-satisfied-with-bigger-reconfigured-plans


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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After delays, $45M downtown mixed-use project to finally break ground

 

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After months of delays, the developers of a $45 million mixed-use project in the Mile Square plan to begin construction early next week, with plans to have the building move-in ready by the end of 2020.

 

Work on The Ardmore, a five-story apartment and retail building on the southwest corner of North Delaware and East New York streets, is expected to start Jan. 13, with a formal groundbreaking ceremony slated for Jan. 30. The project is a joint venture between Indianapolis-based Gershman Partners Inc. and Deylen Realty Inc.

 

More below:

https://www.ibj.com/articles/71958-after-delays-45m-downtown-mixed-use-project-to-finally-break-ground


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Crazy amount of development happening in Indy!


“All truly great thoughts are conceived while walking.”
-Friedrich Nietzsche

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Indy Eleven offers to buy Broad Ripple High to build stadium

 

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A 20,000-seat soccer stadium, the new home of the Indy Eleven, may be built on the campus of now-closed Broad Ripple High School. 

 

The $550 million proposal — which would need IPS Board, state and city approval to move forward — also includes hundreds of apartments, retail space, an office building, a hotel, underground parking, a school and a public plaza.

 

The development could pump fresh life into Broad Ripple, one of the city's most historic and charming neighborhoods but also one that has struggled in recent years with crime and the nuisances of a popular bar scene.

 

Marketed to millennials, Indy Eleven has a young, largely upscale fan base. The prospect of walking or taking the new Red Line to a neighborhood stadium — and nearby restaurants and bars before and after matches — would have strong appeal.

 

More below:

https://www.indystar.com/story/opinion/columnists/tim-swarens/2019/01/11/exclusive-indy-eleven-offers-buy-broad-ripple-high-build-stadium/2537875002/

 

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Hilton Bringing New Hotel Brand to Indy

 

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Hilton has chosen Indianapolis as one of three markets where it will roll out its new Signia Hilton brand. The hospitality company says Signia Hilton will target meeting professionals and business travelers hosting and attending large events. The 800-room Signia Hilton will be the larger of the two hotel towers planned for the Pan Am Plaza site as part of a $120 million Indiana Convention Center expansion. Visit Indy Senior Vice President Chris Gahl expects the hotel to open in 2023.

Gahl is in New York City as part of Hilton's brand unveiling. It will also open Signia Hilton hotels in Orlando and Atlanta.

 

More below:

http://www.insideindianabusiness.com/story/40010682/hilton-bringing-new-luxury-hotel-brand-to-indy


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Developer plans $30M apartment project at former college site downtown

 

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The former Harrison College site downtown is slated for a $30 million apartment project expected to open in 2021.

 

Indianapolis-based housing developer Milhaus plans to build a 175-unit complex on the property at 550 E. Washington St., next to the existing office building that previously housed Harrison College before it closed in September 2018.

 

The new project, dubbed The Grid, will also include a 180-space parking garage and an enclosed outdoor courtyard with kitchen and lounge areas.

 

More below:

https://www.ibj.com/articles/72689-developer-plans-30m-apartment-project-at-former-college-site-downtown


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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