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

 

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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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"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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Owner of historic downtown building pitching 24-unit condo project

 

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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


"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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Murat group again exploring deal to sell Old National Centre property

 

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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

 

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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


"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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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

 

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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

 

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

 

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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/


"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 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/


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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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More high-res renderings of the two hotels:

 

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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


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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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CIB approves Pacers deal to fund $360M renovation, expansion of Bankers Life Fieldhouse

 

The Capital Improvement Board has approved a 25-year deal with the Indiana Pacers that will fund a $360 million renovation and expansion of Bankers Life Fieldhouse, including an outdoor entry plaza to the north and trendy new gathering spaces inside.

 

The CIB and the city will pay for the bulk of the project—$295 million—with Pacers Sports & Entertainment kicking in $65 million.

 

Combined with additional spending on technology, maintenance and general operating expenses, the deal could cost the CIB—a quasi-government agency representing the city—nearly $800 million over the life of the 25-year deal, which is contingent on legislative approval of a bill that would shift millions in state tax revenue to the CIB.

 

The unprecedented agreement, which has the option for up to three one-year extensions, commits the CIB to spending up to $120 million on technology upgrades, an average of $14.5 million per year on operating expenses, $17.6 million on maintenance and repairs and $4.6 million to license the video and sound system.

 

More below:

https://www.ibj.com/articles/73314-pacers-cib-agree-to-360m-renovation-expansion-of-bankers-life-fieldhouse

 

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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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Mass Ave parking garage hidden in apartment building to start rising this summer as city gives final OK

 

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After three years of going back and forth in court with a small group of neighbors, developers have been given the go-ahead to build a 255-space parking garage hidden inside an apartment building next to the Athenaeum and Rathskeller — and construction is expected to begin this summer.

 

The City-County Council Monday night approved the project developer's request for $7 million in tax financing.

 

The dual-location project, Block 20, is expected to be finished by late summer of 2020.

 

The six-story, 67,791-square-foot mixed-use development at 428 N. East St. is the site that has received most of the attention, but the project also includes a 57,300-square-foot redevelopment of two existing buildings in the 600 block of North Park Avenue. The North Park development would become office and retail space. Together, the projects are estimated to cost $40 million.

 

More below:

https://www.indystar.com/story/news/2019/05/14/mass-ave-parking-garage-hidden-apartment-building-start-rising-summer-city-gives-final-ok/1190723001/


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