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Commercial Real Estate
David Simon named among world's best CEOs
June 29, 2009
IBJ StaffThe big cheese at Simon Property Group is wedged among the "top gun" executives in the U.S.
MoreJudge to determine whether Lauth's filing was proper
June 22, 2009
Cory SchoutenThe largest outside investor in embattled developer Lauth Group Inc. is asking a federal judge to dismiss the company's bankruptcy
cases.
MoreBrowning acquires 43 homes for $100 million mixed-used development in Carmel
June 15, 2009
Cory SchoutenDeveloper Brown Investments has reached terms with the owners of 43 of 49 homes in the North Meridian Heights neighborhood
in Carmel. Browning plans to demolish the homes to make way for a $100 million commercial development over 17 acres.
MoreTransit, sustainable development likely to be themes in rescue of near-north neighborhood
June 1, 2009
Chris O'MalleyLocal leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
MoreKroger eyes Zionsville location
May 25, 2009
Kroger Co. is looking at land in Zionsville for a new store.
MorePanel handicaps market recovery chances
May 25, 2009
Cory SchoutenA panel of five veterans of real estate and construction provided industry insights at IBJ's Power Breakfast May
1 at the Westin Indianapolis.
MoreIn recession, commercial brokers struggle to determine property values
May 25, 2009
Chip CutterFew commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers
who say it's becoming increasingly difficult to determine the value of properties.
MoreRecession slows the creation of a self-contained Boone County community
May 18, 2009
Kathleen McLaughlinCreating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
MoreREITs get boost, not scorn, for selling cheap shares
May 11, 2009
Greg AndrewsHere's more evidence we're in strange times: Indianapolis' real estate investment trusts have been issuing hundreds of millions
of dollars of stock at woefully low prices—and getting a pat on the back from their shareholders for doing so.
MoreLauth needs financing, real-estate recovery to emerge from bankruptcy
May 11, 2009
Cory SchoutenThe 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn't take too long to turn around, experts said.
MoreSimon family's interests helped city thrive, but taxpayers paid the price
April 20, 2009
Cory SchoutenThe Simon family's role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows.
MoreLauth, a once-booming developer, has sliced 90 percent of work force, lost control of some properties
April 20, 2009
Cory SchoutenStruggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
MoreMost office-space renters opt to stay where they are
April 6, 2009
Sam StallTight budgets, unsure future make moving unattractive to office-space renters.
MoreSchool makes move into historic Lockerbie building
March 2, 2009
The private Todd Academy plans to move into a historic building at the northwest corner of East and New York streets in Lockerbie
Square.
MoreAirport hotel in limbo
February 2, 2009
Anthony SchoettleThe recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
MoreSlump emboldens retailers to play tough with Simon
January 19, 2009
Greg AndrewsSuddenly, the balance of power is shifting between retail tenants and mighty Simon Property Group Inc., the nation's biggest
mall owner. Simon's biggest
challenge: A litany of retailers either have failed or are on the brink of financial collapse, creating more empty spaces
in malls at a time demand is slack to fill it.
MoreUPDATE: Macy's closing wounds ailing mall
January 8, 2009
Scott OlsonMacy's decision to close its store at Lafayette Square could deal a devastating
blow to a mall already reeling from the loss of other major tenants.
MoreHigh-flying Premier Properties crashes
December 29, 2008
Cory SchoutenThe founder of local real estate firm Premier Properties USA Inc. saw his company falter this year and faced three felony
charges in connection with its downfall.
MoreDistribution holds promise for Central Indiana
December 22, 2008
Chip CutterA new report shows that, despite a sluggish national economy, the Indianapolis area should continue to attract industrial
businesses and distribution centers next year.
MoreKite drops about 10 percent of its staff as retail market flounders
December 15, 2008
Cory SchoutenKite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
MoreChicago's Jones Lang LaSalle attracts talented local brokers to establish Indy branch
December 8, 2008
Chip CutterSome of the city's most prominent commercial real estate brokers have resigned from locally owned Meridian Real Estate to
launch an Indianapolis affiliate of Chicago-based Jones Lang LaSalle.
MoreDuke Realty star starts new company
December 1, 2008
Aasif Bade started Ambrose Property Group with three employees this month.
MoreMeridian founder steps aside
November 24, 2008
Veteran office broker John Robinson, one of the founders of locally based Meridian Real Estate, has left the firm and is working
on a new venture.
MoreCalifornia's Blue Real Estate establishes local presence
November 17, 2008
Cory SchoutenBlue Real Estate, a California firm that made a bundle selling West Coast office buildings at the market's peak, has been
buying up local buildings and trying to learn the Indianapolis market.
More
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.