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Real Estate & Retail
PulteGroup plans new neighborhood in Anson
November 1, 2012
PulteGroup Inc. has purchased 24 acres in the Anson development near Whitestown in Boone County and plans to build 36 homes.
Long-range plans call for 255 homes on 145 acres.
MoreSt. Elmo to be featured on cable television show
October 31, 2012
"Drinking Made Easy" traveled to Indianapolis to sample several of the city's hotspots and their cocktails. The episode airs
Wednesday night on cable network AXS TV.
MoreSimon says Sandy caused minimal damage to shopping centers
October 30, 2012
Bloomberg NewsA company spokesman said damage was minor at Simon’s malls and outlet centers in New York and other areas hit by the
storm.
MoreLA Fitness buys site near Washington Square, boosting area
October 30, 2012
Cory SchoutenLA Fitness plans to build a gym on the former home of a Loews movie theater adjacent to Washington Square Mall in the latest
sign of progress for a struggling retail submarket.
MoreBroncos' Manning to own 21 Papa John's pizza franchises
October 27, 2012
Bloomberg NewsPeyton Manning will be introduced as the company's newest franchisee in the Denver area during a television spot with Papa
John's Chief Executive John Schnatter on Sunday during the telecast of NBC's "Football Night in America."
MoreIndy-area homebuilding bouncing back
October 27, 2012
Cory SchoutenNew-home construction is on track to rise more than 10 percent this year in the nine-county Indianapolis area.
MoreBringing New Orleans home to Indianapolis
October 27, 2012
Katie MaurerFrank and Katrina Basile's Lake Clearwater abode is (almost) filled with art from The Big Easy.
MoreAt Home Quarterly: Housing marketplace stats
October 27, 2012
IBJ StaffA look at housing sales, mortgage rates and home ownership trends. Also included are the most expensive home sold during the
third quarter and examples of what $300,000 can buy.
MoreHistory on the block: 3650 Spring Hollow
October 27, 2012
IBJ StaffDavid M. Parry was known a century ago for his hatred of labor unions and for the cars he built, but he also made his mark
with the Golden Hill estate he organized near White River. Today, the home at 3650 Spring Hollow is for sale at $600,000.
The house is in mostly original condition but needs a comprehensive restoration.
MoreIndianapolis-area landscape architects directory
October 27, 2012
IBJ StaffA directory of landscape architects headquartered in the Indianapolis area.
MoreIndianapolis-area landscape companies directory
October 27, 2012
IBJ StaffA directory of landscape companies in the Indianapolis area.
MoreDeveloper gets OK for second phase of apartment project
October 26, 2012
Scott OlsonTrinitas Ventures of West Lafayette plans to break ground next spring on a $20 million student housing project on Indiana
Avenue with 214 units. The developer already has built 253 units on the site.
MoreFocal point for Mass Ave project: Huge electronic screen
October 25, 2012
Cory SchoutenThe most striking feature of a proposed $43-million development along Mass Ave is a Times Square-style electronic screen that
would wrap around the building's corner and rise more than three stories.
MoreSimon beats expectations, boosts dividend, outlook
October 25, 2012
Bloomberg NewsIndianapolis-based shopping center owner Simon Property Group hiked its quarterly dividend and its forecast for full-year
funds from operations as its tenants benefited from an increase in consumer spending.
MoreCity selects developers for Mass Ave project
October 24, 2012
Cory SchoutenCity officials have picked the apartment specialist J.C. Hart Co., retail developer Paul Kite Co. and architecture firm Schmidt
Associates to redevelop a prime Mass Ave parcel currently occupied by the Indianapolis Fire Department.
MoreReport: Apartment gains could cool in 2013
October 23, 2012
Cory SchoutenIndianapolis-area apartment occupancy and rent rates should continue to grow in 2013, albeit at a slower pace, as developers
finish more units and the single-family market picks up steam, the locally based apartment brokerage Tikijian Associates predicts
in a new report.
MoreTax bills slashed for pair of ailing malls
October 20, 2012
Kathleen McLaughlinMarion County is granting Simon Property Group Inc. a $2.4 million refund, after a tax review board cut the value of Lafayette
Square Mall and Washington Square Mall roughly in half.
MoreIndiana Fever, Finish Line reach jersey sponsorship
October 19, 2012
IBJ StaffIndiana Fever players will wear a prominent Finish Line logo on the front of their uniforms as part of a major sponsorship
deal with the Indianapolis-based athletic apparel retail chain, team officials announced Friday afternoon.
MorePaoli Peaks wins big in battle with landlord over logging
October 19, 2012
Cory SchoutenThe owners of the Paoli Peaks ski resort have prevailed in a battle with their landlord, who had sought to squeeze additional
revenue out of the 68-acre property by launching a logging operation.
MoreFarmland prices going up in much of Indiana
October 19, 2012
Associated PressA September study by Purdue University found farmland prices were as much as 18 percent higher than in 2011, and some appraisers
say they continue to go up.
MoreDeveloper secures financing for $9M Irvington project
October 18, 2012
IBJ StaffDevelopers are one step closer to building a $9 million apartment project to replace a blighted former hotel in Irvington.
MoreKite Realty seeks $52 million in share offering
October 17, 2012
IBJ StaffKite Realty Group Trust Inc. is selling 10.5 million new shares at $5.20 per share in an offering set to raise at least $52
million for the Indianapolis-based retail developer.
MoreBig downtown office tenants shopping for space
October 16, 2012
Tom HartonExpiring leases have prompted at least five major users of downtown office space to assess whether to renew or relocate.
MoreLender forecloses on Uptown Business Center
October 15, 2012
Cory SchoutenA lender has filed to foreclose on the Uptown Business Center, a neighborhood retail building at the southwest corner of 49th
Street and College Avenue that a local developer had hoped to use as a springboard to revitalize the intersection.
MoreArea home-sale deals rise for 17th straight month
October 15, 2012
IBJ StaffHome-sale agreements in the nine-county Indianapolis area rose 3.8 percent in September, the 17th consecutive month of improvement
in sales contracts.
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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.