Real Estate & Retail

Columbus looks to sell factory of failed solar-panel maker

March 25, 2014
 Associated Press and IBJ Staff
Columbus officials will start accepting bids next month for the vacant Nusun Inc. facility in a city industrial park.
More

Simon plucks in-house execs for spinoff firm

March 24, 2014
 IBJ Staff
Simon Property Group Inc. is reaching into its own stable of executives to stock the C-suite of its publicly traded spinoff for retail strip centers and smaller enclosed malls.
More

Broadbent in mortgage dispute involving retail center

March 24, 2014
 IBJ Staff
The owner of Castleton Place, a shopping center in one of the city’s busiest retail areas, is the target of a $5 million foreclosure lawsuit by a lender that seeks to have the property placed in receivership.
More

Revitalization taking root along East Washington StreetRestricted Content

March 22, 2014
Kathleen McLaughlin
A collaboration of not-for-profit community development corporations, or CDCs, has released a plan targeting four sections of the street, from Interstate 65 to Sherman Drive, that could be transformed in the next five to seven years.
More

Fresh idea: Specialty grocers finally eyeing south sideRestricted Content

March 22, 2014
Scott Olson
The south side is beginning to receive at least some attention from grocery players, including specialty ones that are much more prevalent to the north.
More

Bold developer stirs up nursing-home businessRestricted Content

March 22, 2014
J.K. Wall
Zeke Turner, the 36-year-old CEO of Mainstreet Property Group LLC—who frequently sports a boyish grin and a bold-colored dress shirt, but rarely dons a tie—said he’s “just getting started” in transforming the staid nursing home industry.
More

As lease expiration nears, Indians continue years of investment in Victory FieldRestricted Content

March 22, 2014
Anthony Schoettle
For almost 18 years, the Indianapolis Indians have poured tens of millions of dollars into Victory Field while the city has spent hardly a dime.
More

Controversial Broad Ripple office project gets go-ahead

March 20, 2014
Scott Olson
Metropolitan Development Commission members this time voted to approve the project on North College Avenue after a bizarre procedural twist last time prompted a re-vote.
More

Cabela’s chooses Noblesville for first central Indiana store

March 20, 2014
Scott Olson
The announcement from the Nebraska-based outdoor retailer comes five years after it abandoned plans to build a store near Interstate 65 and County Line Road in Greenwood.
More

City pitches case for jail on former GM plant site

March 19, 2014
Kathleen McLaughlin
Indianapolis Director of Enterprise Development David Rosenberg met with west-side residents Tuesday evening to explain the city's preference for putting a new criminal-justice complex on the former GM stamping plant property.
More

Home construction ticks up amid harsh weather

March 18, 2014
 IBJ Staff
The central Indiana home-construction industry saw a small rise in business in February, the Builders Association of Greater Indianapolis reported Tuesday.
More

City to consider $7.7M bond issue to assist Broad Ripple project

March 18, 2014
Scott Olson
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.
More

Home-remodeling firm giving new life to vacant Carmel center

March 18, 2014
Scott Olson
The vacant, 14,500-square-foot property in the heart of the city has been purchased by a local home-remodeling company, which plans to occupy half the building and lease the rest.
More

Old county jail up for auction in central Indiana

March 18, 2014
Associated Press
The tan brick building on the courthouse square in downtown Lebanon was the Boone County Jail from 1938 until 1992.
More

Lawmaker Turner worked to nix nursing home ban

March 17, 2014
Associated Press
A powerful House Republican secretly lobbied colleagues in the final hours of the 2014 session last week to kill a measure that would have been disastrous for his family's nursing home business.
More

Council backs city financing plan for $81M tower

March 17, 2014
Scott Olson
The Indianapolis City-County Council voted 18-9 Monday night to provide up to $23 million in city financing for the project, with the stipulation that 30 percent of the workers hired to build the 28-story building live in Marion County.
More

Home-sale agreements continue disappointing trend

March 17, 2014
Pending home sales in the nine-county area slid 22.8 percent in February compared with the year-ago period. That was only a slight improvement from the 31-percent fall recorded in January.
More

Indiana Limestone wins court approval for auction

March 17, 2014
 Bloomberg News and IBJ Staff
The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.
More

Palladium construction lawsuits costing panel millionsRestricted Content

March 15, 2014
Andrea Muirragui Davis
The cash-strapped Carmel Redevelopment Commission has spent more than $6 million since 2009 “responding to, defending and settling” legal claims from contractors involved in construction of the city’s Palladium concert hall.
More

Toyota dealers trying to stop Ed Martin's relocationRestricted Content

March 15, 2014
Chris O'Malley
Butler Auto Group has been selling Toyotas in Indianapolis since 1966. Ed Martin Auto Group has been selling Toyotas in Anderson since the 1980s. So when Toyota Motor Sales USA recently allowed Martin to move its dealership 20 miles west, to Noblesville, Rob Butler started seeing red.
More

Washington Square’s woes leave it at bottom of heapRestricted Content

March 15, 2014
Greg Andrews
The east-side mall's occupancy has fallen to 43.8 percent, down from was 86.6 percent in 2011 and 77.2 percent in 2012.
More

Compromise bill allows state to spend $200M on interstates

March 13, 2014
 The Statehouse File
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
More

UPDATE: Mayor picks GM site for criminal justice complex

March 13, 2014
Kathleen McLaughlin
Mayor Greg Ballard will recommend that a proposed criminal justice complex be located on the former GM stamping plant on the western side of downtown—not the airport property that ranked highest in a market study.
More

U.S. retail sales rebound after two slow months

March 13, 2014
Associated Press
Retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture, the Commerce Department said.
More

UPDATE: Anderson schools extend Wigwam gym deadline

March 12, 2014
Associated Press
The Anderson Community School Board is holding off demolition plans for the district's Wigwam gymnasium and giving more time to leaders of an effort trying to save it.
More
Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

ADVERTISEMENT