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Apartments
Quail Run Apartments in Zionsville changes hands
June 29, 2011
Richmond, Va.-based McCann Realty Partners LLC bought the 166-unit complex with a $9.25 million loan. The sale marks the second
time Quail Run has changed ownership in the past two years.
MoreHousing agency breaking ground on $30M Lugar Tower project
June 29, 2011
The project includes renovations to the 15-story apartment building in downtown Indianapolis, as well as the construction
of two mixed-income buildings containing a total of 74 units at its base.
More16 Park project helping to transform Indianapolis neighborhood
June 25, 2011
Scott OlsonThe first building of a new complex on near-north side is set to be completed in August
More$100M 'Bridges' project in Carmel wins approval
June 21, 2011
Cory SchoutenA proposal for a roughly $100 million mix of retail, office and apartments along Springmill Road south of 116th Street was
OK'd Monday night by the Carmel City Council after numerous concessions.
MoreDeveloper puts Cosmopolitan complex on block
June 20, 2011
Cory SchoutenThe Cosmopolitan on the Canal, a 218-unit upscale apartment complex in downtown Indianapolis that cost more than $33 million
to build, has been put on the market by Flaherty & Collins Properties.
MoreCarmel senior-living project to create 340 jobs
June 14, 2011
IBJ StaffCarmel Mayor Jim Brainard on Tuesday unveiled details of a multimillion-dollar project expected to create more than 200 construction
jobs and 140 permanent positions over the next two years.
MoreCentral State redevelopment plan gets new life
May 28, 2011
Francesca JaroszA dormant plan to redevelop the 150-acre former Central State Hospital campus is starting to get momentum. Developers anticipate
spending $100 million to $150 million to revamp the site. With online photo gallery
MoreEast-side apartment complex facing foreclosure
May 5, 2011
One West Bank in California says it is owed nearly $3.3 million, and is seeking to foreclose on Red Mill Apartments near East
38th Street and North Franklin Road.
MoreCondo sales lag in hot downtown apartment market
April 5, 2011
Cory SchoutenNew apartment projects carrying premium rents are popping up all over downtown, but the strong demand for urban living isn't
providing much of a boost for the condo market.
MoreAnother northwest-side apartment complex faces foreclosure
March 16, 2011
Lender Fannie Mae filed to foreclose on Inverness Apartment Homes, whose Vancouver-based owner allegedly owes $4 million on
a note that was due in February.
MoreNorthwest-side apartment complex faces foreclosure
March 2, 2011
Kathleen McLaughlinFannie Mae filed a lawsuit in Marion Superior Court Tuesday, seeking foreclosure and the appointment of a receiver at Arrowwoods
Apartments over an unpaid note of $4.56 million.
MoreNorth of South development to start this summer
March 1, 2011
Tom HartonNow that financing for Buckingham Cos.’ massive project has the city’s blessing, the local developer is turning
its full attention to construction of the 14-acre, mixed-use complex.
MoreWhitsett proposes 86-unit downtown apartment project
February 15, 2011
Tom HartonThe $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former
Central Restaurant Products building to accommodate one- and two-bedroom apartments.
MoreGlick partners on $30M downtown apartment development
February 14, 2011
Cory SchoutenThe lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner:
apartment developer Gene B. Glick Co.
MoreTroubled DiRimini real estate development facing foreclosure
February 12, 2011
IBJ StaffThe 31-unit apartment project at the southeast corner of Capitol Avenue and St. Clair Street has been in limbo since city
officials found numerous building code violations.
MoreZionsville retirement village plans $32 million expansion
January 24, 2011
IBJ StaffHoosier Village Retirement Center in Zionsville announced plans Monday morning for a $32 million project that will expand
its campus and allow the center to add 50 full-time workers.
MoreMass Ave property owner gets foothold on Virginia Avenue
January 18, 2011
Tom HartonA downtown advocate who renovated and repopulated a commercial building on what was once a desolate stretch of Massachusetts
Avenue hopes to do the same on Virginia Avenue, where he just closed on the purchase of three contiguous commercial buildings
totaling 15,000 square feet.
MoreTrail Side funding finally closes
January 11, 2011
Tom HartonFinancing for construction of a $10 million, mixed-use building at 875 Massachusetts Ave. closed Dec. 22, allowing developers
to proceed with the project after a funding snag nearly killed it.
MoreReport: Local apartment market strong in 2010
January 6, 2011
Scott OlsonOccupancy in the Indianapolis metro area grew last year to 90.8 percent, according to the latest annual market report compiled
by apartment brokerage Tikijian Associates. The downtown market, in particular, boasted strong numbers.
MoreGlick partnership buys Maxwell apartment building
December 21, 2010
Scott OlsonGene B. Glick Co. and Milhaus Development LLC have purchased The Maxwell from Star Financial Bank. Located at 530 E. Ohio
St., the project originally was developed as condos by Kosene & Kosene.
More$7.5M Fletcher Arts project gets back on track
December 11, 2010
IBJ StaffDeveloper and architect Craig Von Deylen is finalizing plans for a mixed-use project just west of the intersection of Virginia
Avenue and East McCarty Street.
MoreCosmopolitan apartment fire prompts lawsuit
December 8, 2010
Scott OlsonThe insurer for Indiana Landmarks is suing developer Flaherty & Collins, claiming negligence in a blaze that partially destroyed
the apartment project and damaged the not-for-profit's adjacent headquarters.
MoreGeist apartment complex sale ends drought of Class A transactions
November 23, 2010
Tom HartonGrande Reserve at Geist fetched $13.3 million, just shy of the asking price.
MoreDi Rimini violations reveal holes in process that relies on trust
October 30, 2010
Cory SchoutenBrazen violations of city design guidelines and state building codes by the developer of the Di Rimini apartments cast a spotlight
on what is essentially an honor system of regulation for developers once they win approval for their projects.
MoreDowntown apartment developers take divergent paths to financing
October 30, 2010
Cory SchoutenJ.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned
to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
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So, am I now eating at Patachou or a Shake Shack?
Does the IBJ have any fact to backup their assertion that Steak n Shake is changing their branding? Or are trying to compete with the Star on how many stories they can get incorrect??
The NCAA has the authority to sanction an entire school if a single player is caught receiving unauthorized gifts. In the case of Penn State an assistant coach was sentenced to life in prison after being convicted of numerous felonies on campus, and members of the administration have been charged with covering it up. To suggest that the NCAA had no reason to get involved is laughable.
This image is of a trade show booth, not a retail store. I'm sure no one in their branding brain trust would really make their retail stores look like a second-label jeans brand from JCPenney. I would bet it's done at way so attendees know the ownership of the updated concept. (I have to say, tho, glad they appear to be losing affinity to the 50's drive-in idiom they were toying with post-Young & Laramore...)
I absolutely love the new sign. I've hated Steak N Shake for years now, but this new sign will make me eat there frequently!