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Real Estate & Retail
Skating academy to close ice rinks at Pan Am Plaza
April 3, 2013
IBJ StaffIndiana World Skating Academy, a fixture in downtown Indianapolis since 1987, plans to suspend operations of its two indoor
ice rinks at Pan Am Plaza this month and begin looking for a new location, the not-for-profit announced Wednesday.
MoreCharlie & Barney's ends 36-year restaurant run
April 3, 2013
Scott OlsonIndianapolis chain Charlie & Barney's, known for its chili, has closed its flagship downtown location, leaving it without
a restaurant for the first time since its 1977 founding.
MorePedcor moving ahead with $13M Central State apartments
April 2, 2013
Scott OlsonThe Retreat on Washington would be the developer's second project at the former psychiatric hospital campus on Indianapolis'
west side.
MoreLilly to spend $180M doubling size of Indy plant
April 2, 2013
The new investment will bring the plant's total price tag to $320 million as the pharmaceutical giant seeks to increase production
of insulin and related products.
MoreAppeals court upholds Marsh's $18.2M award from Roche
April 1, 2013
IBJ Staff, Jennifer Nelson / The Indiana LawyerThe Indiana Court of Appeals upheld an $18.2 million judgment Monday in favor of Marsh Supermarkets LLC on its complaint alleging
that Roche breached a contract to sublease space in the Fishers building that houses Marsh’s headquarters.
MoreWhitsett bids to redevelop Star headquarters
April 1, 2013
Scott OlsonOne of the city's most prolific developers of affordable housing hopes to buy the Indianapolis Star headquarters
to redevelop the property into apartments or condominiums.
MoreRACE: Zoning overhaul might not go far enough
March 30, 2013
Bruce Race / Special to IBJIndy Rezone won't change the city's timid approach to planning.
MoreVeteran residential launches own real estate firm
March 30, 2013
IBJ StaffJoe Everhart, who had spent 20 years at the Sycamore Group, opened his own business at 716 Massachusetts Ave.
MoreCrunching the numbers on Obamacare
March 30, 2013
J.K. WallThe biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier
employers have started crunching detailed numbers to cost out their options.
MoreLand prices creeping up after collapsing in bust
March 30, 2013
Scott OlsonUltra-cheap residential land is disappearing quickly as home-building activity rebounds from the Great Recession.
MoreSenators stalling Indiana online sales-tax proposal
March 29, 2013
Associated PressSome key state senators are sidelining a bill that would make Amazon.com and other online-only retailers start collecting
Indiana's 7-percent sales tax this summer.
MoreBoomerang comes back with plans for Noblesville subdivision
March 29, 2013
Andrea Muirragui DavisA local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project
city officials have OK’d since approving another proposal for the same property in 2007.
MoreBill would expand state’s historic preservation tax credit
March 29, 2013
The Statehouse FileLegislation that was killed last year after passing the Indiana House has been revived this session in hopes of spurring more
historic renovation across the state.
MoreHigher payroll taxes take toll on restaurants
March 28, 2013
Associated PressSo far, 2013 has been "a roller coaster ride" for Indiana eateries, according the state trade association's president. Industry
observers say a 2-percent increase in the payroll tax is a likely culprit in a nationwide sales decline.
MoreFinish Line hits snag in new running segment
March 28, 2013
Scott OlsonThe athletic footwear and clothing company said Thursday that its fiscal fourth-quarter earnings dropped 18 percent due to
lackluster sales at stores open at least a year.
MoreLocal REITs charge ahead of pack in bull market
March 27, 2013
Scott OlsonIndiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually
hardy and suddenly hot sector.
MoreWhole Foods shelves store slated for Fishers
March 26, 2013
Andrea Muirragui DavisHigh-end grocery chain Whole Foods Market Inc. wants to triple the number of stores it operates, but the company has bagged
plans for a location on 116th Street in Fishers.
MoreBru, Mesh owner planning third eatery in Mass Ave neighborhood
March 26, 2013
Scott OlsonMike Cunningham has signed a letter of intent to buy a building at 620 N. East St. that he said would house a "new American
diner."
MoreHealthLease to snare $141.7M in senior properties
March 25, 2013
Mason KingA central Indiana REIT that went public in 2012 has agreed to buy 13 senior housing and care facilities in three states, growing
its asset value by 50 percent.
MoreBarron's enthrones Simon among world's best CEOs
March 25, 2013
Mason KingAlready one of the most highly regarded CEOs in Indiana and in his industry, David Simon of Simon Property Group now is keeping
company with the likes of Warren Buffett, Amazon's Jeff Bezos and Larry Page of Google.
MoreHHGregg manager sues over company's denial of bonuses
March 23, 2013
Scott OlsonDwain Underwood charges the retailer should have included in its bonus calculations a $40 million life insurance payout it
collected after executive chairman Jerry Throgmartin died last year.
MoreDesirable homes selling fast in Indianapolis area
March 23, 2013
Cory SchoutenA confluence of circumstances has led to a spurt of sales that sometimes occur within days.
MoreArchitect designs home to grow with his family
March 23, 2013
Sam StallArchitect Chris Lake’s Zionsville home is a work in progress, and probably always will be.
MoreAt Home Quarterly: Marketplace
March 23, 2013
IBJ StaffIndianapolis-area statistics on home sales, demographic trends and more.
MoreTwo projects would give Nora Plaza a face-lift
March 23, 2013
Scott OlsonThe developer of Nora Plaza is planning a $2 million redevelopment of a building that formerly housed Café Nora in
the popular north-side shopping center, and anchor Whole Foods is expanding into 5,700 square feet of space north of its existing
store.
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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.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.