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Downtown Indianapolis News

North Of South Development All Set To Begin

October 5th, 2010

INDIANAPOLIS-Mayor Greg Ballard of Indianapolis has guaranteed an $86-million loan for a mixed-use project close to the south edge of downtown Indianapolis, where Eli Lily's headquarters is located.Read more

Weighing the Price for Progress

September 27th, 2010

Let's cut through the political chaff to get to the most pertinent questions surrounding the proposed North of South development. Is it prudent in the long run for the city to help drive a $155 million project in a neglected corner of Downtown? Or is it too risky for the city to underwrite the sizable loan needed for the development to proceed?Read more

$150m Downtown Projects to Create 2400 Jobs

September 27th, 2010

INDIANAPOLIS (WISH) - Indianapolis Mayor Greg Ballard made it official Monday morning. He announced a $150 million project that will transform one of the city's few pieces of undeveloped land. It's a story 24-Hour News 8 first broke last week. A hotel is planned for what is currently a parking lot just north of South Street. It will be surrounded by retail stores and apartments. The name of the project is "North of South" and it's expected to create 2400 temporary and permanent jobs.Read more

City Announces $150m Development Project

September 27th, 2010

Indianapolis - A new downtown development will benefit Eli Lilly and thousands of people who live and work downtown. Eyewitness News broke the story Friday about the development. It will include apartments, an upscale hotel, and a YMCA in an area near Lilly's corporate headquarters just south of... Read more

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