Real Estate

City of Gary launches GrowIN Gary online platform to centralize property redevelopment listings and pricing

The City of Gary is offering GrowIN Gary, a pilot online platform that centralizes property information, connects buyers and developers with redevelopment opportunities, and posts appraisal-based pricing under Indiana Code 36-1-11-19 (formerly Senate Bill 232).

Huntington police: Minor arrested after large fire at former Schacht Rubber building

Huntington Police announced on Oct. 21, 2026, that one minor was taken into custody in connection with a large fire that started the evening of Oct. 20, 2026, at the former Schacht Rubber site at 238 Polk Street; nearby homes were briefly evacuated and detectives continue to investigate.

Citizens Water seeks IDEM construction permit for Lafayette Road 2‑MG tank and booster station

The Indiana Department of Environmental Management on Oct. 21, 2026, published a public notice that Citizens Water Indianapolis has applied for a construction permit to build a 2 MG elevated storage tank and booster pump station along Lafayette Road; public comments are due by Nov. 20, 2026.

Thompson Thrift breaks ground on 273-unit Crossing Lofts at Fishers District

Thompson Thrift said on Oct. 19, 2026, that construction is underway on The Crossing Lofts, a four-story, 273-unit luxury multifamily community in Fishers; the company expects first residents to move in January 2028.

Huntington Municipal Airport opens 11,000-sq.-ft. hangar (Huntington, Ind.), 21Alive reports

Officials cut the ribbon on an 11,000-square-foot hangar at Huntington Municipal Airport, 21Alive reported on 2026-10-17. Airport Manager Scott Nicola said the facility "opens the door to larger aircraft," and the project was built in partnership with CME Construction.

Greenfield commission approves LongHorn Steakhouse plan on Hancock Health land; site eligible for tax-increment financing

On 2026-10-16 the Greenfield Advisory Plan Commission approved a development plan for a LongHorn Steakhouse at the 1800 block of North State Street, calling for a 5,780-square-foot building and 130 parking spaces, the Greenfield Daily Reporter reported. The parcel, owned by Hancock Health, was earlier designated an economic development area allowing tax-increment financing; the report gave no construction or opening dates.

Elkhart City Council approves $127 million balanced budget for 2027

On Oct. 15, 2026 the City of Elkhart announced the City Council voted to pass a $127 million balanced budget for 2027. The city cited improving property-tax estimates, rising Local Income Tax receipts and changes that reduced the anticipated impact of Indiana Senate Enrolled Act 1.

Southern Indiana had a weak Q1 2026 for payrolls, but health care and services posted gains, IU brief finds

Indiana University Southeast’s regional economic brief published Oct. 15, 2026, said Southern Indiana’s first quarter 2026 payrolls were unusually weak but that health care, and professional, scientific and technical services added jobs — signs the region may be moving past a near-term trough.

Ambrose sells 233,348‑sf Whitestown distribution building and breaks ground on 947,000‑sf speculative additions

Connect CRE reported Ambrose announced the sale of a 233,348-square-foot distribution facility at 5163 Perry Worth Road in Whitestown, Indiana, for $38 million and said it has broken ground on two speculative buildings totaling about 947,000 square feet at Indianapolis Logistics Park – Northwest.

Digital Realty outlines multi‑billion‑dollar Kokomo data‑center plan, says it will fund infrastructure and boost property tax base

Digital Realty has described a proposed multi‑billion‑dollar data‑center campus planned for Kokomo that the company says would create construction and permanent jobs, pay for required infrastructure upgrades and generate "tens of millions" in annual property tax revenue. The discussion followed an Oct. 10, 2026 open house and a city zoning change allowing data centers on industrial sites (WISH‑TV; Digital Realty).

Indy to start safety, resurfacing work at Mass Ave/College Ave intersection; businesses to remain open

The Indianapolis Department of Public Works announced on 2026-10-14 that construction to resurface pavement and add safety features at the Mass Ave, College Avenue and St. Clair Street intersection will begin later that week and is expected to be completed by late November. The Cultural Trail and nearby businesses will remain open during work, DPW said.

Noblesville letter urges shifting city property tax to local income tax to free cap room for schools

In a letter published Oct. 13, 2026, Noblesville resident Toby Eiler urged city leaders to swap the city’s property-tax share for a Local Income Tax (LIT) under SEA1, saying that move would free property-tax cap room so Noblesville Schools could collect their full $0.801-per-$100 levies.

Signia by Hilton in downtown Indianapolis scheduled to finish construction Dec. 9, 2026

Construction on the 38-story, 800-room Signia by Hilton in downtown Indianapolis is scheduled to finish by Dec. 9, 2026, WISH-TV reported. The project — described as the city's tallest hotel and an anchor for a $710 million Indiana Convention Center and Lucas Oil Stadium expansion — will include a very large ballroom, seven dining options and a two-story rooftop lounge.

Merchants Capital secures $30.7M Freddie Mac loan for 227‑unit affordable project in Indianapolis

Merchants Capital announced Oct. 13, 2026 that it secured a $30.7 million cash‑backed Freddie Mac Forward TEL loan to fund Central at Old Southside, a 227‑unit 4% LIHTC affordable multifamily development in Indianapolis; construction is slated to begin in 2026 and finish in 2028.

Greentown broker Andrea Kaiser leads Kaiser’s Sweet Home Realty from 203 E. Main St., offering full-service local real estate

A Towne Post profile published Oct. 12, 2026 highlights Andrea Kaiser as the owner and managing broker of Kaiser’s Sweet Home Realty, based at 203 E. Main St. in Greentown. The firm’s website lists homes and land and describes full-service offerings for buyers, sellers, investors and commercial-property seekers.

Treasury issues OFAC license allowing Russian-origin diesel sales to U.S.; White House says it will lower diesel costs

On Oct. 9, 2026, the U.S. Treasury’s Office of Foreign Assets Control issued General License 135 authorizing transactions tied to Russian-origin diesel. The White House and President Trump said Russia would supply specified tonnages; senators and energy analysts warned the volumes may be too small to materially cut pump prices.

Carmel announces phased water and sanitary-sewer upgrades in Merchants Square; businesses will stay open

The City of Carmel and Carmel Utilities announced a multi-phase project to modernize local water and sanitary sewer networks in the Merchants Square area. Construction is scheduled to begin at the end of October 2026 and proceed in rolling phases through summer 2027; the city says businesses will remain open and detour signage will be posted.

Kokomo opens $26M 'The Elwood' mixed-use project with 114 apartments; ground-floor space still for lease

The Elwood, a $26 million mixed-use development at Hoffer and Elizabeth streets in Kokomo, opened its residential portion as of Oct. 12, 2026, with 114 apartments and roughly 3,000 square feet of commercial space. Rents reported range from $1,179 to $1,895; the project is still seeking light-office or small retail tenants.

Indiana has a transitional housing gap for women. These groups are trying to fill it

The Tribune — Seymour reports several Indiana nonprofits are expanding transitional and recovery housing for women, including Dove Recovery House, Journey House Corp and Meena’s Place. The story lists program rules, funding models, bed counts and short-term outcome data for providers reported on Oct. 11, 2026.

SAVI and Indianapolis Public Library to host free affordable-housing data session Oct. 29 at Central Library

SAVI and the Indianapolis Public Library planned a free session on Oct. 29, 2026, at the Central Library to explore affordable-housing and neighborhood data; registration is available online. WFYI’s event listing says the 21+ session will demonstrate assessing data quality, using open-source tools and will include beer from Bier Brewery.

Lafayette Boulevard to close Oct. 12–Nov. 9 for St. Joseph County Building roof work; expect downtown detours

A block of Lafayette Boulevard in downtown South Bend will be closed Oct. 12 through Nov. 9 for roofing work on the St. Joseph County Building, WNDU reported Oct. 9. The County Building will remain open; traffic will be detoured via William Street and accessible parking will remain available.

Indianapolis to begin $4.2M safety upgrades at Massachusetts Ave–College Ave–St. Clair intersection

The City of Indianapolis announced on 2026-10-10 it will begin a $4.2 million project combining permanent safety upgrades with a planned resurfacing at the intersection of Massachusetts Avenue, College Avenue and St. Clair Street. Construction should finish by late November 2026, and businesses in the area will remain open, the city said.

Longtime Purdue benefactor Parrish commits $42M to name new Daniels School building

Shaffer questions Carmel’s collection of property taxes from apartment buildings

A Letter to the Editor published Oct. 9, 2026 in the Hamilton County Reporter by an author identified as Shaffer questioned how the Carmel Redevelopment Commission (CRC) handles property-tax collections from new apartment projects. The letter alleged long delays before property-tax revenue reaches city, schools, township or library governments and claimed taxes may be directed to repay CRC debt for “upwards of 25 more years.”