Real Estate & Retail

With airport hotel stalled, Hendricks County makes its move

October 27, 2009
Cory Schouten
Hendricks County's moves to entice a developer to build a conference hotel in Plainfield could further crimp plans for a hotel attached to the new Indianapolis International Airport terminal.
More

Lilly to move 1,000 from Faris campus

October 26, 2009
J.K. Wall
As it shrinks its work force, Indianapolis-based pharmaceutical firm Eli Lilly and Co. will move more than 1,000 employees to its corporate center by mid-2010.
More

Hendricks County offers land for hotel development

October 26, 2009
 IBJ Staff
The Hendricks County Convention and Visitors Bureau said Monday that it is asking for proposals to develop a full-service convention hotel on up to 18 acres in Plainfield at the intersection of Interstate 70 and Highway 267.
More

Opportunists hunt deals in commercial real estate

October 24, 2009
Cory Schouten
Just about every player in the real estate business—whether individual investor, private-equity fund or publicly traded company—is trying to raise capital to take advantage of what they see as an inevitable shakeout in commercial property.
More

Ball State to offer new degree at downtown Indianapolis campus

October 24, 2009
 IBJ Staff
The master of urban planning degree offered downtown will use the city as an urban laboratory.
More

New not-for-profit coffee shop in Fletcher Place will raise money for charities

October 24, 2009
 IBJ Staff
The new coffee shop named for Calvin Fletcher, one of the city's first lawyers, will give money to groups such as Second Helpings.
More

Haunted houses avoid recessionary letdown because they offer escapeRestricted Content

October 24, 2009
Cory Schouten
Even in bad times people want to be entertained.” Nationwide, roughly 2,000 haunted houses, hayrides and other attractions rake in $1 billion annually of the $7 billion consumers spend on Halloween, according to St. Louis-based trade group Hauntworld Inc.
More

Landmarks Foundation president is living with history

October 24, 2009
Katie Maurer
As president of the Historic Landmarks Foundation of Indiana, Marsh Davis is surrounded by history every time he goes to work. It also greets him when he comes home. Davis and his family live in a 100-year-old Prairie-style, Meridian-Kessler Neighborhood home that they have filled with Mission furniture, family heirlooms and quirky artifacts.
More

Bankruptcies, store closings help Halloween shops scare up space

October 23, 2009
Scott Olson
Like zombies coming to life in a low-budget horror flick, the Halloween specialty shops that invade empty store fronts are groaning with activity.
More

Steak n Shake nearer to merger with steak chain

October 23, 2009
Under terms of the deal, Steak n Shake will pay Western Sizzlin shareholders $22.9 million and Western will pay its shareholders a $15.9 million stock dividend, making the total deal worth about $38.8 million.
More

Water bottler buys Plainfield distribution building

October 21, 2009
Cory Schouten
A California water bottler has purchased a Plainfield distribution building for its first Midwestern outpost.
More

Fewer home-building permits signal weakness ahead

October 20, 2009
Associated Press
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
More

Second developer facing foreclosure on Fishers property

October 20, 2009
Scott Olson
The developer of the proposed $80 million project is facing foreclosure on the property at the same time adjoining land critical to the project's development has been scheduled for liquidation by a lender.
More

Law firm sticks with unconventional space

October 20, 2009
Tom Harton
With its expansion last month into the historic Eden-Talbott House at 1336 N. Delaware St., the local environmental law firm Plews Shadley Racher & Braun now owns and occupies three historic homes and a 1950s-era office building in the same block.
More

Northeast-side CVS gets nod

October 17, 2009
 IBJ Staff
The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate 69 over the objection of city planners.
More

Virginia homebuilder enters market

October 17, 2009
 IBJ Staff
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder CP Morgan Communities.
More

First-time buyer tax credit isn't moving pricier homesRestricted Content

October 17, 2009
Cory Schouten
The incentive has not generated a hoped-for boost in sales of homes at higher price-points. About 30 percent of the sales eligible for the tax credit are foreclosures, meaning the seller likely won’t buy another home.
More

Duke Realty to unload local land holdings at auctionRestricted Content

October 17, 2009
Cory Schouten
The locally based company plans to raise millions of dollars by selling nine undeveloped tracts in Indianapolis, Fishers, Plainfield and Lebanon.
More

Bloomington mayor to roll out chain-store ordinance for downtown

October 17, 2009
Kathleen McLaughlin
Bloomington Mayor Mark Kruzan believes this beloved college town loses a bit of its identity every time a national chain sets up shop.
More

Area building permits fall for 23rd straight month

October 16, 2009
The number of building permits issued in the nine-county Indianapolis area fell 20 percent in September from the same time last year, marking 23 consecutive months of declines.
More

State seeks at least $6.5M for 19-acre site

October 15, 2009
 IBJ Staff
The Indiana Finance Authority said Thursday it plans to auction off a vacant 19-acre development parcel between the White River and Fall Creek near downtown Indianapolis.
More

Fishers water park developer hopeful despite setback

October 15, 2009
Scott Olson
The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the latest setback delaying the start of construction by at least two years.
More

City strengthens building-permit process

October 14, 2009
Scott Olson
The pre-permit review could add nearly three weeks to the current permitting process
More

Louisville company purchases assets of local distributor

October 14, 2009
Louisville-based Bailey Tools & Supply Inc. said Tuesday that it has purchased the assets of Indianapolis distributor Capitol Drilling & Contractors Supply.
More

O'Malia's closing northside market after 33 years

October 13, 2009
Cory Schouten
The O'Malia's Food Market near 56th Street and Emerson Avenue will close for good this weekend after a 33-year run.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT