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$25M Urban Park and Festival Plaza Make Waves in Westfield

$25M Urban Park and Festival Plaza Make Waves in Westfield

Downtown Westfield will soon become a more vibrant destination with the construction of Grand Junction Plaza, a 10.5-acre park slated to rise southwest of Main and Union streets.…

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Pedcor Breaks Ground on Second Phase of Carmel’s Mixed-Use City Center

Pedcor Breaks Ground on Second Phase of Carmel’s Mixed-Use City Center

Construction on the second and final phase of the massive Carmel City Center redevelopment has begun.…

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Cummins Plans 10-Story HQ in Downtown Indianapolis

Cummins Plans 10-Story HQ in Downtown Indianapolis

Diesel engine manufacturer Cummins Inc. has unveiled its plans for the construction of a new 10-story global distribution business headquarters in downtown Indianapolis.…

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Rockbridge Opens Boutique Hotel in Downtown Indianapolis After $13M Historic Conversion

Rockbridge Opens Boutique Hotel in Downtown Indianapolis After $13M Historic Conversion

The highly anticipated Le Méridien Indianapolis boutique hotel at 123 South Illinois Street in the city’s downtown area is now officially open.…

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Developer Revives Historic Downtown Indianapolis Office Building

Developer Revives Historic Downtown Indianapolis Office Building

A long vacant 12-story office building east of Monument Circle in downtown Indianapolis could soon get a new life.…

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HFF Secures $17M Funding for Office Complex Acquisition on Behalf of True North Management Group of New York

HFF Secures $17M Funding for Office Complex Acquisition on Behalf of True North Management Group of New York

HFF has lined up $17.15 million in post-acquisition financing for True North Management Group‘s purchase of a more than 240,000-square-foot office complex in Carmel.…

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Milhaus to Build on Downtown Land Bought from City for $1; Annex Student Living Acquires Five Midwest Residential Properties for $41M

Milhaus to Build on Downtown Land Bought from City for $1; Annex Student Living Acquires Five Midwest Residential Properties for $41M

Milhaus Development LLC is planning the construction of an unusual apartment building on a thin block-long stretch of land in downtown Indianapolis.…

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General Hotels Acquires 150-Key Marriott Property in Columbus for $14M; Zeller Buys Indianapolis Office Tower Out of Foreclosure

General Hotels Acquires 150-Key Marriott Property in Columbus for $14M; Zeller Buys Indianapolis Office Tower Out of Foreclosure

In a $14 million deal, an affiliate of Indianapolis-based General Hotels Corp. bought the Courtyard by Marriott at 2901 Airport Drive in Columbus from California-based MLQ MB Hotels 2011 LLC.…

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Mapleton-Fall Creek and BWI Plan $20M Senior Housing and Retail Project to Regenerate Bilghted Area in Indianapolis

Mapleton-Fall Creek and BWI Plan $20M Senior Housing and Retail Project to Regenerate Bilghted Area in Indianapolis

A $20 million senior housing and retail project planned by the Mapleton-Fall Creek Development Corp. in partnership with local affordable housing developer BWI Development & Management Inc. could soon rise on a five-acre site north of downtown Indianapolis.…

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Ambrose Property Plans $90M Distribution Center in Plainfield

Ambrose Property Plans $90M Distribution Center in Plainfield

As more and more e-commerce tenants are pushing up demand for industrial space in the Indianapolis area, Ambrose Property Group has decided to develop two massive distribution buildings in Plainfield.…

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Community Health Network Announces $175M Investment in New Health Pavilions and Hospital Renovation

Community Health Network Announces $175M Investment in New Health Pavilions and Hospital Renovation

Community Health Network is planning to invest $175 million in the construction of three new health pavilions on the eastside of Indianapolis over the next few years.…

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TODAY’S DEALS: Inland Acquires Newly Constructed Indianapolis Community

TODAY’S DEALS: Inland Acquires Newly Constructed Indianapolis Community

Inland Real Estate Picks up a 384-unit asset from Milhaus in an HFF-brokered sale; Gebroe-Hammer closes 13 multifamily sales in July and August; and Meridian Capital brokers $29 million in creative acquisition and construction financing for a boutique condominium project.…

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