Indianapolis

Indianapolis Selects Former General Motors Site for Justice Complex, to Cost as Much as $500M

The city of Indianapolis has finalized its decision to use part of the former General Motors stamping plant southwest of downtown for the construction of the new Marion County Justice Center.

Indianapolis Announces Creation of New Cultural District

During a press conference held on April 16, the City of Indianapolis unveiled its plans of creating the Market East District, a new cultural district centered on the new developments at and around the former Market Square Arena site in the city’s downtown.

Pittman, Barrett & Stokely Plan $35M High-End Multi-Family Community in Carmel

Construction could soon begin on a luxury 14-building, 256-unit apartment community near the Monon Greenway in Carmel.

Time Equities Makes $9.5M Acquisition of Its First Retail Property in Indiana

In a $9.5 million deal, Time Equities Inc. (TEI) of New York has acquired the Shadeland Station shopping center on the north side of Indianapolis.

Cummins Announces $30M HQ Project at Former Arena Site in Downtown Indianapolis

Columbus, Ind.-based engine manufacturer Cummins Inc. is planning the construction of its new global distribution headquarters on a four-acre portion of the former Market Square Arena (MSA) site in downtown Indianapolis.

Low-Income Senior Housing Project in Downtown Indianapolis Wins $837,000 in Federal Tax Credits

A $9.6 million affordable senior housing project planned by TWG Development LLC in downtown Indianapolis has been awarded federal tax credits from the Indiana Community & Housing Development Authority.

City Committee Green Lights $81M MSA Apartment Tower Project in Indianapolis

Plans are moving forward for the $81 million, 28-story apartment high-rise Flaherty & Collins Properties intends to build on a portion of the former Market Square Arena (MSA) site in downtown Indianapolis.

MARKET SNAPSHOT: Apartment Boom Underway in Indianapolis, Vacancy Up

Indianapolis continues to witness an exceptional inventory increase of multi-family housing units this year, amid moderate employment growth and rising home sales.

PK Partners Plans $80M Mixed-Use Project on Vacant Parcels in Indianapolis

An $80 million commercial and residential project could soon rise on two vacant parcels along River Crossing Boulevard in Indianapolis.

Keystone Realty Acquires 114,000-Sq.-Ft. Office Complex in Suburban Indianapolis

An affiliate of Keystone Realty Group has recently acquired the four-building Waterplace Office Park on the east side of the North Meridian corridor in Indianapolis.