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Old City Hall Redevelopment Stalls Amid Silence from City, Developer

Source: indystar.com

Plans to redevelop Indianapolis's historic Old City Hall have stalled with no major updates from the city or developer in over a year.
The $80 million project aimed to turn the 1909 building into offices, retail, and apartments but hit snags after initial funding pledges.
Delays risk losing state grants and frustrate preservationists hoping to save the vacant landmark.

Indianapolis officials and developer Rebar Development have provided scant updates on reviving the long-vacant Old City Hall, a century-old landmark in the Mile Square area. The article details how the ambitious redevelopment project, first announced in 2022, has ground to a halt amid funding uncertainties and leadership changes. It matters because the building's deterioration threatens its historical value, and failure could mean demolition or further neglect in a city pushing urban renewal.