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Real Estate & Retail
Speedway's Speed Zone redevelopment project in high gear
April 27, 2013
Anthony SchoettleSome goals have been realized, while others are moving through the pipeline.
MoreDowntown's historic Century Building set for sheriff’s sale
April 26, 2013
Scott OlsonThe 112-year-old office building will return to the market in a precarious position, as a major tenant plans to depart.
MoreMore demand for mall space boosts Simon earnings
April 26, 2013
Bloomberg NewsThe Indianapolis-based owner of retail centers raised its expectations for the fiscal year after reporting solid gains in
occupancy, rent revenue and earnings for the first quarter.
MoreDuke Realty posts profit on sale of properties
April 25, 2013
The Indianapolis-based real estate investment trust rang up earnings of $28 million, mostly due to gains from the sale of
18 properties.
MoreMass Ave business owners split over proposed district tax
April 24, 2013
Kathleen McLaughlinOpponents of a proposed tax to pay for improvements throughout the cultural district have accused tax advocates of rigging
the proposal to ensure its passage.
MoreContractor pleads guilty to fraud involving FBI building
April 23, 2013
Associated PressAn Ohio man has admitted to defrauding more than $225,000 from contractors involved in FBI building projects in Indianapolis
and Knoxville, Tenn.
MoreBanks scale back real estate needs as transactions shift online
April 23, 2013
Scott OlsonAfter zooming higher in the last decade, the number of bank branches in Indiana slipped to 2,056 in 2011, the lowest level
since 2006.
MoreAfter raid, pet store owner agrees to quit selling animals
April 23, 2013
IBJ StaffAnimal control officers found hundreds of violations in March at The Fish Bowl, 2101 East Michigan St. The owner plans to
continue operating his business as a pet-supply store.
MoreSenate bill jeopardizes tax-free online shopping
April 22, 2013
Associated PressStates could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S.
Senate on Monday.
MoreHAGERMAN: Turbulent times like these not for the faint of heart
April 20, 2013
Jeff HagermanStrategic planning for market-sector success in commercial real estate has always been difficult and risky, but the past five
years of the recession have only compounded this uncertainty.
MoreArchitectural gems in Indianapolis
April 20, 2013
These jewels help distinguish some of downtown's best-dressed buildings.
MoreQuality Connection names new executive director
April 20, 2013
IBJ StaffThe Quality Connection trades group has named former Indianapolis Downtown Inc. marketing chief Julia Watson to succeed Tom
O’Donnell as executive director.
MoreBig names lining up to tackle Market Square site
April 20, 2013
Scott OlsonCity officials will have at least four proposals to consider for redevelopment of a downtown parking lot where Market Square
Arena once stood. Bids are due to the city by April 22.
MoreOnline sales-tax proposal hits Senate roadblock
April 18, 2013
Associated PressRepublican state senators have blocked a vote on a bill that would force Amazon.com and some other online-only retailers to
start collecting Indiana's 7-percent sales tax this summer.
MoreCarmel council wary of $100M Pedcor project
April 18, 2013
Andrea Muirragui DavisPedcor Cos. wants to apply for a state tax credit to help fund an upscale $100 million housing and office development in Carmel's
Midtown. But City Council members are holding it at arm's length for now.
MoreIndiana foreclosure prevention program expanding
April 17, 2013
Associated PressState officials estimate that about 10,000 Indiana homeowners will get help in making their mortgage payments under an expansion
of a federally funded foreclosure prevention program.
MoreMayor drops plan to privatize City-County Building
April 17, 2013
Kathleen McLaughlinCity rejects proposals from four private-sector real estate teams and signs a 10-year lease extension with the existing building
manager.
MoreConstruction 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.
MoreFood trucks find patchwork of rules in northern suburbs
April 13, 2013
Andrea Muirragui DavisAs the food truck industry heats up in Indianapolis, leaders of its fast-growing northern suburbs are starting to rewrite
the rules of the road.
MoreGreenwood's Old Town revival targets sidewalks, traffic flow
April 13, 2013
Dan HumanGreenwood city officials are in the early stages of a downtown revitalization plan that would begin with an investment of
up to $9 million designed to make Old Town more appealing to both vehicle and foot traffic.
MoreHHGregg throws lifeline to employees with underwater options
April 13, 2013
Greg AndrewsThe company this month filed papers gave option holders the right to exchange their current holdings for new options with
an exercise price set at the current market price.
MoreFinish Line expects sales to leap in Macy’s deal
April 12, 2013
Scott OlsonBecoming the exclusive athletic footwear partner of the department store chain could increase Finish Line's annual revenue
as much as 30 percent, executives say. Finish Line apparel will start appearing in Macy's this weekend.
MoreGrowth in area home sales hits March slowdown
April 12, 2013
The 1.2-percent improvement last month followed healthier jumps of 17.2 percent in January and 8.1 percent in February.
MoreBill to handle abandoned homes still on track
April 11, 2013
Dave StaffordState Sen. Jim Merritt wanted to help an eastside Indianapolis church gain possession of some long-abandoned, derelict houses,
tear them down and establish a park. The difficulty in doing so led to a bill that would make such improvements easier.
MorePower producer to build new HQ in Bloomington
April 11, 2013
Mason KingHoosier Energy will invest about $27 million in 83,000-square-foot facility. The city of Bloomington has approved a 10-year
tax abatement for the project.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.