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Commercial Real Estate
Indianapolis bond bank chief Kintner is clutch hitter
March 10, 2012
Sam StallDeron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing
is scarce.
MoreDeveloper breaks ground on Bush Stadium project
March 10, 2012
The project by developer John Watson’s Core Redevelopment calls for preserving the stadium’s historic façade
and shell as part of the 131-unit Stadium Lofts apartments, along with an adjacent 132-unit apartment community called Stadium
Flats.
MoreMass Ave restaurant plans clear first hurdle
March 9, 2012
The city's Historic Preservation Commission has approved rezoning and variance requests for two buildings sought by the owners
of Broad Ripple's Brugge Brasserie just south of the intersection of Massachusetts and Park avenues.
MoreSimon Property Group goes on $3.5B mall spending spree
March 8, 2012
IBJ Staff and Bloomberg NewsThe Indianapolis mall owner is expanding its global profile, agreeing to buy a controlling stake in a French firm with a 271-property
European portfolio. Simon also is buying out a partner in its Mills portfolio closer to home.
MoreDeveloper Broadbent loses fight to keep finances under wraps
March 7, 2012
Scott OlsonA newly public filing shows the co-founder of The Broadbent Co.'s net worth has fallen 60 percent, to $48 million.
MoreFixes to historic preservation tax credits may have to wait
March 6, 2012
Cory SchoutenFixes to the state's historic preservation tax credit program pushed by Indiana Landmarks may have to wait another year
after the Indiana Senate put the brakes on a bill that garnered unanimous support from the Indiana House.
MoreState economy finally gaining traction
March 3, 2012
J.K. WallLeading indicators for Indiana's economy are looking up: Banks are increasing lending, real estate developers are pulling
the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including
automobiles.
MoreCastleton Square Mall lands Borders replacement
February 28, 2012
Cory SchoutenForever 21, a privately held California-based chain, has begun converting the roughly 25,000-square-foot former bookstore
at the south entrance to the mall and is targeting a summer opening.
MoreSpeedway's plan for roundabout hits snag over billboard
February 27, 2012
Scott OlsonThe Speedway Redevelopment Commission is threatening eminent domain against Clear Channel Outdoor Inc. because the billboard
company won't relinquish its lease rights at a key intersection.
MorePan Am Plaza redevelopment brewing
February 25, 2012
Anthony SchoettleThe two entities that control the future of Pan Am Plaza have come to an agreement that could lead to the redevelopment of
one of the most valuable parcels downtown.
MoreCityWay designed to integrate retail, housing, hotel, YMCA
February 25, 2012
Marc D. AllanArchitects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
MoreTechnology helps Ivy Tech marry new, old construction
February 25, 2012
Scott Olson3-D scans match former hospital with building plans.
MoreINSIDE DISH: Gastropub owners get aggressive after big first year
February 24, 2012
Mason King
The Local Eatery and Pub in Westfield streaked past break-even point in its first 12 months, leading its relieved
but exhausted owners to plan new projects.
Downtown Comfort Suites seeks bankruptcy protection
February 24, 2012
IBJ StaffThe hotel, owned by an affiliate of Dora Brothers Hospitality Corp., says its largest creditor is New York-based German American
Capital Corp., which is owed $12 million.
MoreIndustrial spec development making a comeback
February 21, 2012
Tom HartonSpeculative development is returning to the modern bulk industrial market after a four-year drought, with at least two projects
preparing to break ground this spring and another in the works.
MoreHistoric church for sale in Old Northside neighborhood
February 18, 2012
IBJ StaffThe 34,000-square-foot neoclassical building includes a 1,200-seat auditorium renovated in 1995. The limestone structure has
been used as a place of worship since it was built in 1912.
MoreAbandoned gas stations both vex, brim with promise
February 18, 2012
Sam StallThe trick is to determine in advance just how expensive and lengthy that cleanup might be.
MoreTax credits spur city apartment construction
February 18, 2012
Scott OlsonIncrease in federal funding helps developers finance projects that include mixed-income rental housing.
MoreFourth-quarter commercial real estate stats for Indianapolis
February 18, 2012
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates
and the local industrial market.
MoreDeveloper plans $15.7M senior-living center on east side
February 17, 2012
Scott OlsonThe city of Indianapolis approved the project after accepting Mainstreet Property Group's offer to purchase the property at
16th Street and Arlington Avenue for $912,500.
MoreForeclosure sought for downtown's Century Building
February 15, 2012
Scott OlsonThe lender claims owner Blue Real Estate defaulted on an $8.5 million loan on the historic building after failing to make
payments beginning in July 2011.
MoreTexas firm plans to move into Franklin distribution building
February 14, 2012
Scott OlsonMusic wholesaler Anderson Merchandisers LP is expected to occupy a 703,000-square-foot warehouse formerly used by Best Buy.
MoreKite reports quarterly profit, smaller annual loss
February 9, 2012
The Indianapolis-based real estate investment trust earned a profit of $3.1 million for the quarter ended Dec. 31, but lost
$800,000 for the entire year.
MoreGreenwood entices e-commerce company to stay
February 8, 2012
Kathleen McLaughlinThe Greenwood Redevelopment Commission on Tuesday evening approved an incentives agreement with One Click Ventures LLC, which
plans to hire 109 people over the next five years.
MoreFoundation finds buyer for 16th Street buildings after 6-year search
February 7, 2012
Tom HartonTwo brothers purchased the pair of connected buildings at the northwest corner of 16th and Alabama streets and will use the
property for a 50-seat café and the offices for Nottingham Realty Group.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.