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Real Estate & Retail
Biglari agrees to antitrust fine in Cracker Barrel deal
September 26, 2012
Bloomberg NewsThe chain-restaurant operator that owns Indianapolis-based Steak n Shake has agreed to pay $850,000 to settle procedural antitrust
violations stemming from its purchase of shares in Cracker Barrel Old Country Store Inc.
MoreTutwiler auto dealership closes after 48 years
September 25, 2012
Scott OlsonTutwiler Automotive had long been known as Tutwiler Cadillac before changing its name two years ago when its General Motors
franchise agreement expired. The dealership closed Saturday.
MoreFishers Marketplace gets new life under Thompson Thrift
September 25, 2012
Tom HartonA high-end apartment project and neighborhood retail center are scheduled to break ground soon as the first components of
the retooled Fishers Marketplace development at State Road 37 and 131st Street.
MoreBillie Creek up for auction after sealed bids fail
September 23, 2012
Associated PressThe Parke County historic site's land, buildings and antiques will be auctioned publicly on Oct. 20 during the county's
Covered Bridge Festival.
MoreNoble Roman's takes on take-and-bake format
September 22, 2012
Anthony SchoettleNoble Roman’s Inc. has baked up an idea to expand its franchising opportunities nationwide and dramatically increase
revenue. The Indianapolis-based pizza company is rolling out plans for a stand-alone, take-and-bake concept designed to rival
Papa Murphy’s.
MoreIndianapolis set for sweeping zoning overhaul
September 22, 2012
Cory SchoutenCode dating to 1969 to be updated to encourage density, sustainability and mass transit.
MoreSecond-quarter commercial real estate statistics for Indianapolis
September 22, 2012
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates
and the local industrial market.
MoreSecond-tier office buildings Indianapolis now top-of-mind for buyers
September 22, 2012
Mason KingClass B admirers are benefiting from low prices and lending rates, and turning the buildings into apartment and company headquarters.
MoreVON DEYLEN: Stay the path toward revitalized Fountain Square
September 22, 2012
Craig Von Deylen / Special to IBJWhat most people consider Fountain Square is actually a combination of three neighborhoods: Fountain Square, Fletcher Place
and Holy Rosary. In 2005, I started working on my first project in this area, and it has changed the direction of my professional
path in just about every way possible.
MoreNew Denison CEO puts parking firm on growth tear
September 22, 2012
Chris O'MalleyPerry Griffith, the scion of the Griffith family’s Denison Parking empire, is handing the CEO reins to the executive
who helped him expand the Indianapolis company to 10 other states in as many years.
MoreSenior housing slated for old Lawrence school building
September 21, 2012
Scott OlsonThe Whitsett Group plans to invest $6.5 million to convert the building on East 46th Street into 60 senior housing units.
The Lawrence Township school district put the structure on the block, and Whitsett submitted the winning bid.
MoreCity approves $15.7M senior-living center on east side
September 20, 2012
Mainstreet Property Group LLC plans to build a 100-bed facility at 16th Street and Arlington Avenue on nine acres where Raytheon
Technical Services Co. LLC once operated.
MoreWal-Mart again attempting to build in Zionsville
September 20, 2012
Scott OlsonWal-Mart Stores Inc. has filed new plans to build a store along Michigan Road in Zionsville, six years after the town rebuffed
its original proposal that drew the ire of local residents and merchants.
MoreMelvin Simon estate collects $944M from share sale
September 20, 2012
Cory SchoutenSimon Property Group Inc. has settled a dispute with the estate of its late founder Melvin Simon, converting his ownership
units into common shares and selling them for $944 million.
MoreLuxury-outlet strategy puts Simon on top of mall industry
September 20, 2012
Bloomberg NewsLuxury outlet malls—where upscale retailers such as Coach Inc. and Michael Kors Holdings Ltd. hawk discount goods—are
now the main source of expansion for the Indianapolis-based real estate investment trust, the country’s largest.
MoreCity lands grant to study reuse of old automotive sites
September 19, 2012
Kathleen McLaughlinFederal and local funds will be used in the effort to reposition manufacturing sites abandoned by GM, Ford, Chrysler and Navistar.
MoreBasketball legend Robertson target of bank’s lawsuit
September 19, 2012
Scott OlsonOscar Robertson's money troubles in Ohio have been well documented lately. But in his hometown of Indianapolis, he's trying
to convince a judge that he's not responsible for a $203,000 bank loan.
MoreAmbrose jumping into Plainfield industrial market
September 18, 2012
Tom HartonFast-growing Ambrose Property Group plans to develop a $12 million warehouse building on a site in Plainfield that it acquired
last month from the FDIC.
MoreIndianapolis jeweler shot during home break-in
September 16, 2012
Associated PressIndianapolis police say jeweler Gary Thrapp of G. Thrapp Jewelers was in stable but serious condition Sunday after being shot
when two people broke into his home.
MoreMainGate, Lids score Super Bowl merchandise deals
September 15, 2012
Anthony SchoettleA pair of Indianapolis-based companies recently scored the largest single-event deal in the world of U.S. sports licensing,
unseating 24-year incumbent Facilities Merchandising Inc. to win lucrative deals at the 2013 Super Bowl in New Orleans.
MoreTIF expert is adviser to many municipalities
September 15, 2012
Scott OlsonLoren Matthes helped broker first tax-increment financing deal in the state
MoreLocal buyer acquiring Circle Tower for $6M
September 15, 2012
Cory SchoutenA fast-growing Indianapolis real estate firm is poised to acquire one of the city’s most iconic and well-located historic
buildings.
MoreInvestor still pushing for Simon to buy rival despite opposition
September 14, 2012
Bloomberg NewsBrookfield Asset Management Inc. is keeping a tight grip on its stake in General Growth Properties Inc. in a bet the second-largest
U.S. mall owner is better off as an independent company that will jump in value.
MoreArea home-sale contracts up again in August
September 13, 2012
Purchase agreements in the nine-county area totaled 2,151 during the month, a 5-percent increase from August 2011. Year-to-date
sales are up 14 percent compared with the same time last year.
MoreMillcraft hoping to fill downtown paper-supply void
September 13, 2012
Scott OlsonMillcraft Paper Co. is set to move from the far east side to downtown Indianapolis on Sept. 24 in hopes of filling a void
left a few months ago by the closing of Arvey Paper & Office Products.
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The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.