SkyWater Technology Inc.’s plan for a $1.8 billion semiconductor production facility at Purdue University isn’t as flashy as chip-related announcements in other states, but economic development and microelectronics experts say the SkyWater deal is nonetheless a critical step in Indiana’s efforts to become a player in microelectronics.... Read More
The firm leading ambitious redevelopment plans for the former Angie’s List campus just east of downtown—now known as Elevator Hill—is the city’s pick to take on the former Jail II and Arrestee Processing Center right next door.... Read More
Indianapolis-based developer Kite Realty Group Trust said this week it expects to shore up financing for its proposed $550 million hotel and convention center expansion project on Pan Am Plaza by the end of this year.... Read More
The owner of Lafayette Square Mall told IBJ this week he’s already spent about $50 million as part of an effort to revamp the property and the surrounding neighborhood.... Read More
Plans for a $76.6 million parking garage expansion at the Indianapolis International Airport are again moving forward, after the project was delayed more than two years by the COVID-19 pandemic.... Read More
With an effort to develop an innovation and research district in central Boone County underway, the state’s transportation agency is pushing ahead with plans for an Interstate 65 exit at West County Road 300 North that would serve the sprawling project.... Read More
The Indianapolis Airport Authority’s board has approved plans to acquire about 58 undeveloped acres northeast of its regional airfield in Hancock County, with plans to eventually incorporate the land into the facility’s master plan.... Read More
Local real estate experts and downtown leaders say they are generally supportive of Indy Eleven’s selection of a site near Lucas Oil Stadium and Victory Field in downtown Indianapolis to build a new stadium and commercial district.... Read More
The majority owner of the Indy Eleven soccer team has purchased the 18-acre Diamond Chain manufacturing site on the western edge of downtown and is planning a $1 billion redevelopment that will include a soccer stadium, apartments, a hotel, office buildings and retail space.... Read More
A new cultural development not-for-profit on Wednesday announced it has received a pair of $800,000 grants to support projects along Indiana Avenue and in other communities of color across central Indiana and the state.... Read More
