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Real Estate & Retail
Whole 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.
MoreSteak n Shake’s value menu isn’t all that looks cheap
March 23, 2013
Greg AndrewsInvestors may be undervaluing Biglari Holdings Inc., which owns Steak n Shake outright and holds 20 percent of Cracker Barrel.
MoreSummit’s headquarters earns double LEED certification
March 23, 2013
Summit earned the environmental accolades by including a variety of green-friendly features, including carpeting made from
recycling materials, paints with low or no volatile organic compounds, and HVAC and LED lighting systems with energy-efficient
controls.
MoreCentre Properties puts 3 strip centers into Chapter 11
March 19, 2013
Scott OlsonThe Indianapolis developer said the bankruptcy filings are intended to prevent lender Bank of America from forcing the sale
of RiverPlace Shops in Fishers, Raceway Market Shops in Indianapolis and Greenwood Crossing in Greenwood.
MoreGeico service center to create up to 1,200 jobs in Carmel
March 18, 2013
Mason KingThe insurer will invest millions to lease, renovate and equip a 109,000-square-foot customer service center at 101 W. 103rd
St. It plans to begin hiring immediately, and bring up to 1,200 new jobs by 2016.
MoreWith TV business ‘forever changed,’ HHGregg retools
March 16, 2013
Greg AndrewsCEO Dennis May said: "We see the HHGregg of the future as a home products store that also sells consumer electronics."
MoreAirport demolition bids come in way under budget
March 15, 2013
Kathleen McLaughlinTaking down the old passenger terminal at Indianapolis International Airport could cost half as much as anticipated. The airport
authority board voted Friday to approve all but one of the recommended contracts.
MoreIndy pet store raid finds hundreds of dead animals
March 15, 2013
Associated PressAnimal control officials who raided an Indianapolis pet store that failed an annual inspection say they found hundreds of
dead small animals as well as other creatures living in filthy tanks and cages.
MoreGerdt Furniture owners embroiled in $4M court fight
March 14, 2013
Scott OlsonA family dispute involving the owners of Gerdt Furniture & Interiors Inc. has led to a lawsuit accusing them of owing
nearly $4 million in unpaid rent and loans.
MoreArea home sales rose 8.1 percent in February
March 13, 2013
Purchase agreements for existing homes totaled 2,034 in February, up from 1,882 in the same month a year earlier, Indianapolis-based
real estate agency F.C. Tucker Co. Inc. reported.
MoreMonthly home-building permits still on the rise
March 13, 2013
Area home-building activity continues to improve as the number of single-family permits filed in February jumped 30 percent
from the same period last year.
MoreSimon differs from other mall owners on teen policy
March 13, 2013
Kathleen McLaughlinAs local activists push for stronger steps to curb disruptive gatherings by teenagers at local shopping malls, Simon Property
Group is standing by a corporate policy against restricting access to its properties.
MoreInvestor places first bet on Zionsville's Main Street
March 12, 2013
Tom HartonEric Bretzman, an engineer for Chip Ganassi Racing, closed March 1 on the purchase of 40 S. Main and negotiated a new long-term
lease with il Villagio, an Italian restaurant that has operated in the 4,000-square-foot building for 10 years.
MoreBig Red acquires United Package Liquors
March 11, 2013
Scott OlsonBloomington-based Big Red Liquors is expanding into Indianapolis by acquiring the assets of United Package Liquors Inc. and
taking over operations of the chain’s 24 local stores.
MoreLand bank bill likely heading for study committee
March 11, 2013
Kathleen McLaughlinRep. Ed Clere, R-New Albany, said his bill on land banks may have tried to tackle too many issues involving abandoned housing,
including Indiana’s tax-sale process.
MoreAnnexation request crimps Anderson land plan
March 11, 2013
Associated PressEfforts by Anderson officials to annex land to create an economic development corridor could be thwarted by a request from
property owners who want to become part of the town of Lapel instead.
MoreKite Realty is makeover artist for tired shopping centers
March 9, 2013
Cory SchoutenHaving rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
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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.