Downtown Living
End of River Market Era, Pioneering Developer Dana Gibson Sells Holdings
By Kevin Collison Dana Gibson, who along with Mel Mallin began developing residential projects in the River Market in 1984, has sold his holdings, the final chapter in a downtown revival story that began in the rubble of what was once known as the River Quay. Gibson recalled the area was a wasteland when they…
Troost Gets Another Boost with 89-Unit Apartment Project at Linwood
By Kevin Collison A $14 million apartment project planned for the southwest corner of Linwood and Troost is moving forward following approval of a 25-year property tax abatement by a city development agency last week. UC-B Properties intends to build an 89-unit project at the key intersection, the latest new investment along Troost. Even with…
Developer Wins Final Approval for $78M East Crossroads Apartment Project
By Kevin Collison The $72 million East Crossroads apartment development, a huge residential investment in one of downtown’s trendiest areas, won approval for tax incentives Thursday and is expected to begin construction in December. The 338-unit project being developed by Indianapolis-based Milhaus marks the biggest investment in new construction in an area that has been…
Wonder Shops + Flats Add Yeast to Ongoing Troost Revival
By Kevin Collison The Troost revival is continuing to rise with the Wonder Shops + Flats mixed-use development nearing completion in the former Wonder Bread bakery at the corner of East 30th Street. The 150,000 square-foot building, which opened in 1909 as Continental Bakers before shifting to Wonder Bread, has been restored with 87 apartments,…
Hy-Vee Arena Opens, Bringing New Bounce to Bottoms
By Kevin Collison The Hy-Vee Arena formally opened last week in the West Bottoms at a ceremony where developer Steve Foutch was saluted for his vision and perseverance in reviving what had become a costly white elephant for the city, the former Kemper Arena. “Six years ago, he approached us with the idea of a…