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Real Estate & Retail
City leads Midwest in speculative industrial development
November 27, 2012
Tom HartonIndianapolis has more speculative industrial space under construction than any other market in the Midwest as developers try
to capitalize on about four million square feet of tenant interest in the market.
MoreExperts predict 20-percent growth in Cyber Monday shopping
November 26, 2012
IBJ Staff and Associated PressThis year's Cyber Monday could be the biggest online shopping day of the year for the third year in a row. Indianapolis-based
retailers The Finish Line and HHGregg are among those offering Cyber Monday specials.
MoreItems in '12 Days of Christmas' increase to $107,000
November 26, 2012
Associated PressIf you get buy all 364 items repeated throughout "The Twelve Days of Christmas" carol, you'll pay 6.1 percent more this year,
according to the so-called Christmas Price Index that PNC Wealth Management updates annually.
MoreDesign stars land contract for transit hub
November 24, 2012
Cory SchoutenArchitect Daniel Libeskind is part of an international team chosen to design a proposed IndyGo transit hub.
MoreSouth-side shopping center fills up on shoes, furniture
November 24, 2012
Shoe Carnival, Rooms Express will bring Southport Plaza to full occupancy for the first time in four years.
MoreLawmaker seeks funding to tackle abandoned housing
November 24, 2012
Kathleen McLaughlinState Rep. Ed Clere plans to introduce a bill that would give municipalities explicit powers to create land banks, which can
sell surplus property for redevelopment. He also wants to include a revenue source to support land-bank operations and eliminate
tax-foreclosure sales as a form of investor speculation.
More$22M foreclosure suit targets local apartment complexes
November 21, 2012
Scott OlsonThe three complexes are Dogwood Glen Apartments on the city's northwest side, Elmtree Park Apartments on the far-east side
and Heathmoore Apartments on the southeast side.
MoreAirport could land second solar-energy farm
November 21, 2012
Chris O'MalleyThe Indianapolis Airport Authority is in talks that could lead to a second solar farm at Indianapolis International Airport.
Discussions are taking place even as the initial solar farm has yet to get off the ground.
MoreAirport Authority continues to fight off-site parking lot
November 20, 2012
Chris O'MalleyThe Indianapolis Airport Authority has taken its fight against an off-airport parking operator to the Indiana Court of Appeals
after exhausting its options in Marion County Superior Court.
MoreIndianapolis receives $39M loan guarantee from HUD
November 20, 2012
The city will use the funding to establish a Community and Economic Loan Pool to provide financing for economic development
and housing rehabilitation initiatives to benefit people of low and moderate incomes.
MoreDeveloper unveils 16-home project just east of downtown
November 20, 2012
Tom HartonThe Re-Development Group Inc. bought a1.6-acre site at New York Street and Highland Avenue last May and will raze three 1960s-era
office/warehouse buildings to make way for home construction in 2013.
MoreYats founders prepare to franchise chain across Midwest
November 17, 2012
Anthony SchoettleYats founders Joe and Regina Vuskovich decided earlier this year to grow their restaurant through franchising. Broad Ripple
resident John Sutton and his sister Brittany Franken jumped at the opportunity.
MoreCarmel project dogged by conflict questions
November 17, 2012
Kathleen McLaughlinAn executive ousted from the firm developing The Barrington in Carmel alleges that the $142 million retirement-community project
was driven by conflicts of interest.
MoreCircle Centre to build entry through empty Nordstrom
November 17, 2012
Cory SchoutenConstruction could begin soon in the former home of Nordstrom at Circle Centre mall, but the project does not signal an end
to the mall’s limbo following the 2011 departure of its marquee anchor.
MoreGreen BEAN Delivery expands with second farm
November 17, 2012
The locally based purveyor of organic produce is leasing 50 acres in Ohio to serve its customers in that state, Indiana and
Kentucky.
MoreLocal chain takes vacant Clearwater restaurant spot
November 17, 2012
Zionsville-based Oobatz! will open in building formerly occupied by Uno Chicago Grill.
MoreMarsh Supermarkets names new CEO from ranks of A&P
November 15, 2012
Cory SchoutenThe parent company of Marsh Supermarkets has picked a new CEO to lead the locally based grocery chain.
MoreArea home-sale contracts rise 20 percent
November 14, 2012
Home-sale agreements in the nine-county Indianapolis area rose 20.6 percent in October, the 18th straight month of year-over-year
improvement in sales contracts.
MoreDowntown Crowne Plaza undergoing $8M renovation
November 14, 2012
Guest rooms will receive new furniture and bathrooms new floor tile and granite countertops. Improvements also will be made
to public and meeting spaces, in addition to food and beverage areas.
MoreZionsville, school district make $5.7M land deal with Dow
November 14, 2012
Scott OlsonZionsville Community Schools and the town of Zionsville are teaming up to purchase and develop a prime piece of real estate
owned by Dow Chemical Co.
MoreGift lets land trust preserve 109 acres in Johnson County
November 13, 2012
Dan HumanA $200,000 gift from the Dr. Laura Hare Charitable Trust will help the Central Indiana Land Trust acquire 109 forested acres
in southwest Johnson County.
MoreOne Mass Ave project starts; another one is in limbo
November 13, 2012
Tom HartonInsight Development has begun building an $11.5 million, 61-unit apartment project at Massachusetts Avenue and East and North
streets. But the fate of the second phase is up in the air because its financing had been tied to a project Insight
and Flaherty & Collins Properties had hoped to develop across Mass Ave at the site of the Indianapolis Fire Department
headquarters.
More$33 million mixed-use project to remake Fishers
November 10, 2012
Cory SchoutenFishers officials are finalizing a deal with a local developer for a mixed-use project that would launch a long-awaited transformation
of the town’s suburban core.
MoreSimon spared no expense with Manhattan residence
November 10, 2012
Greg AndrewsThe $25 million purchase ranked as the 12th-largest residential sale in New York City last year, according to the real estate
website Curbed NY.
MoreBattered Broadbent climbs back from brink
November 10, 2012
Cory SchoutenOne of the city’s best-known retail developers is alive and kicking again after a harrowing real estate downturn and
protracted legal battle with two lenders.
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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.