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Project Funding
Construction begins on $16M downtown apartment project
April 16, 2013
Scott OlsonThe property at 800 N. Capitol Ave. is receiving a total rehab from two local developers that are retrofitting the building
with 111 apartments.
MorePedcor moving ahead with $13M Central State apartments
April 2, 2013
Scott OlsonThe Retreat on Washington would be the developer's second project at the former psychiatric hospital campus on Indianapolis'
west side.
MoreCassidy Turley offers mixed outlook on Indy real estate
January 10, 2013
Cory SchoutenThe city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more
cautious view on the office and retail sectors, predicting that uncertainty caused by political gridlock could hamper an already
sluggish recovery.
MoreIrvington groups save landmark from demolition
December 26, 2012
Dan HumanThe former post office at Washington Street and Ritter Avenue once anchored a commercial hub in the historic neighborhood.
About $400,000 in repairs are expected before the groups attempt to flip the property for a new use.
MoreSuper Bowl bid might spur new downtown hotel
August 11, 2012
Anthony SchoettleDowntown is short of the four- and five-star hotel rooms preferred by National Football League sponsors and partners for a
2018 Super Bowl host, but local tourism officials are hesitant to add more hotel space just to secure a second Super Bowl.
MoreLocal real estate developer files for bankruptcy
May 1, 2012
Scott OlsonCornelius M. Alig, chairman and CEO of Mansur Real Estate Services Inc., filed for Chapter 7 protection, listing $11 million
in personal debt he attributed to the prolonged slump in the real estate market.
MoreMass Ave project surrounding Barton Tower gets state OK
March 27, 2012
Tom HartonA partnership of Flaherty & Collins Properties and Insight Development Corp. was awarded rental housing tax credits by
the state that will be sold to finance construction of a 61-unit, $11.5 million apartment project at 555 Massachusetts Ave.
MoreIrvington apartment, streetscape projects clear hurdles
March 20, 2012
Tom HartonTwo significant construction projects are closer to starting in Irvington, where the district’s East Washington Street
commercial corridor is bouncing back even as one of its key buildings faces demolition.
MoreDeal rekindles $45M downtown project
March 17, 2012
Cory SchoutenFormer partners in Kosene & Kosene Development have settled a legal dispute that jeopardized redevelopment of the vacant
former Bank One Operations Center downtown. Milhaus Development has until May 1 to begin construction.
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.
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.
MoreLocal developer rescues 1913 apartment building from wrecking ball
January 3, 2012
Cory SchoutenA local developer and historic preservation group have teamed up to save a 1913 apartment building near the Children's Museum
from demolition.
MoreMass Ave deal's brokerage fee raising eyebrows
November 19, 2011
Cory SchoutenA real estate brokerage picked by the city to spearhead redevelopment of a prime Mass Ave parcel occupied by the Indianapolis
Fire Department stands to collect a million-dollar-plus payday if it closes the deal.
MoreApartment project planned for south end of Monon
November 15, 2011
Tom HartonThe local arm of a California-based developer of affordable housing is planning to invest up to $10 million in a 60-unit complex
at 20th Street and the Monon Trail.
MoreObscure not-for-profit covering shortfalls in Carmel
November 12, 2011
Kathleen McLaughlinThe Carmel City Center Community Development Corp. has emerged as a key player in the city’s burgeoning downtown. The
not-for-profit 4CDC last month gave the performing arts center $1 million to cover its operating expenses, and it’s
expected to provide another $4.5 million through June 30.
MoreBuyers edging back into Indianapolis commercial real estate
November 5, 2011
Cory SchoutenMost buyers are bottom-fishers, investors looking for better returns or companies wanting their own building.
MoreCity to give Angie's List $4.6M to buy properties for expansion
August 16, 2011
Kathleen McLaughlinMoney for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered
Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
MoreDeveloper of government building sees potential for more
August 2, 2011
Tom HartonAmbrose Property Group broke ground last month on a 13,000-square-foot building at Intech Park that will house about 75 Social
Security Administration employees.
MoreLender's suit says homebuilder owes $12.8M on loans
July 5, 2011
Scott OlsonM&I Bank filed the suit against J. Greg Allen, charging he defaulted on two loans he took out to buy 73 acres of land on the
northeast corner of Emerson Avenue and County Line Road on Indianapolis' south side.
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.
MoreOwner of several properties south of Mass Ave starts to divest
June 28, 2011
Tom HartonThe pending sale of two historic buildings and a vacant lot just south of Massachusetts Avenue is the first of what could
be several deals in the area as one of its largest property owners begins to divest its holdings.
MoreLender purchases Renaissance Bay in sheriff’s sale
June 16, 2011
Scott OlsonFort Wayne-based Star Financial Bank, which is trying to recover some of the more than $23 million it loaned for the condominium
project, submitted the only bid for it on Wednesday. The bank said several potential buyers are interested in the property.
MoreRenaissance Bay heads for sheriff's sale
June 7, 2011
Cory SchoutenA $150 million project that slammed head-first into the recession is slated for a sheriff's sale later this month.
MoreMeridian Street buildings to get facelift
April 2, 2011
IBJ StaffA not-for-profit is partnering with a locally based developer to renovate two vacant apartment buildings near Meridian and
38th streets into specialized affordable housing.
MoreIU Health cancels $73M project, acquires Gateway Plaza
March 26, 2011
J.K. WallIndiana University Health has canceled its plans for a $73 million administrative office building at 16th Street and Capitol
Avenue and has instead purchased the Gateway Plaza tower at 10th and Illinois streets.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!