ILPT signed two leases totaling more than 2.7 million square feet — a 532K‑sf Indianapolis warehouse and a 2.24M‑sf Kapolei ground lease — lifting occupancy to ~98%.

JD North America will put its U.S. headquarters in Fishers and a 180,000‑sq‑ft fieldhouse will anchor a major Fishers District expansion.

Contractor submissions are in for Columbus' Downtown Entrance Plaza. A shortlist is due June 12 and construction could begin this fall.

LEGACY Supply Chain will occupy roughly 430,881 sq ft at VanTrust’s Air 70 Logistics Park in Greenfield, reinforcing demand along the Mount Comfort I‑70 corridor.

A surge of apartment deliveries pushed vacancy to a decade high and tempered rent gains across the Indianapolis metro. Market data show supply is outpacing leasing in several suburbs.

Boston Scientific plans a $138M facility in Plainfield and will bring about 300 jobs, local and state sources say. The investment ties into Indiana’s broader life‑sciences push.

A new analysis credits the Indianapolis Cultural Trail with roughly $3 billion in added assessed value since 2007, raising fresh questions about upkeep, taxes and planned expansions.

The City-County Council approved PILOT tax deals to convert vacant lots into nearly 270 affordable apartments across the Old Southside and West Indianapolis neighborhoods. The moves pair local incentives with federal credits to make the projects work.

Jeffersonville’s Redevelopment Commission approved $1.3M to convert a vacant Spring Street building into Picasso House, a small theater and multipurpose venue in NoCo.

Greenfield broke ground on a $50M mixed‑use project that will add 150 apartments, street‑level retail and a new downtown parking structure.

Work on the City Market block is shifting to a new west plaza and the market house could remain closed beyond 2028, leaving vendors in limbo.

BioLife Solutions will move Indianapolis operations into a nearly 40,000‑sq‑ft Noblesville facility at Washington Business Park, preserving 20 jobs and adding about 10 new positions.

A long‑awaited downtown Indianapolis hotel aimed at budget travelers has moved into construction, joining a surge of new hotels reshaping the city's hospitality market.