- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Real Estate
$65M downtown development deal raises questions
June 15, 2009
Cory SchoutenA $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.
MoreBrowning acquires 43 homes for $100 million mixed-used development in Carmel
June 15, 2009
Cory SchoutenDeveloper Brown Investments has reached terms with the owners of 43 of 49 homes in the North Meridian Heights neighborhood
in Carmel. Browning plans to demolish the homes to make way for a $100 million commercial development over 17 acres.
MoreA bit of Lauth history
June 1, 2009
Regarding the May 25 story, ["Lauth granted reprieve,"] please note that Lauth Property Group is an offshoot of the original
company founded by myself and Terry Eaton in 1976. It was then known as Ernst/Eaton Associates.
MoreIrvington rolls out $1.2 million promotional campaign
June 1, 2009
Anthony SchoettleIn the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of
Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood's recent enhancements
and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.
MoreGregg landing in prime spots abandoned by failed retailers Circuit City, Linens & Things
June 1, 2009
Cory SchoutenElectronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six
states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
MoreTransit, sustainable development likely to be themes in rescue of near-north neighborhood
June 1, 2009
Chris O'MalleyLocal leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
MoreKroger eyes Zionsville location
May 25, 2009
Kroger Co. is looking at land in Zionsville for a new store.
MorePanel handicaps market recovery chances
May 25, 2009
Cory SchoutenA panel of five veterans of real estate and construction provided industry insights at IBJ's Power Breakfast May
1 at the Westin Indianapolis.
MoreLauth granted reprieve
May 25, 2009
Cory SchoutenA judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer's
properties.
MoreHVAC company heats up sales in cool economy through acquisitions
May 25, 2009
George UmbargerDoubling annual sales might seem an impossible feat in a recession, but at the modest office of Williams Comfort Air and Metzler's
Mr. Plumber, it is a reality.
MoreChurches look for ways to pay off construction projects planned before recession took toll on collection plates
May 25, 2009
Kathleen McLaughlinIn Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures,
including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
MoreIn recession, commercial brokers struggle to determine property values
May 25, 2009
Chip CutterFew commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers
who say it's becoming increasingly difficult to determine the value of properties.
MoreDeveloper wants to turn project into apartments, offices
May 25, 2009
Cory SchoutenA local developer is hoping to convert an unfinished eight-story luxury condo project downtown into a mostly affordable apartment
building with its headquarters on the top floor.
MoreRecession slows the creation of a self-contained Boone County community
May 18, 2009
Kathleen McLaughlinCreating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
MoreFlaherty selected to revitalize Barton, Lugar tower sites
May 18, 2009
Locally based Flaherty & Collins Properties plans to build retail and residential space on land that surrounds two downtown
public housing towers.
MoreBankrupt firm's creditors unlikely to rubber-stamp sale
May 18, 2009
Greg AndrewsNorwood Promotional Products Inc. suggests it's positioned to sail through bankruptcy, thanks to a pending-sales agreement.
But creditors, owed nearly $300 million, are expected to balk.
MoreHistoric windows join landmark list
May 11, 2009
The Historic Landmarks Foundation of Indiana has added four structures and an architectural feature to its annual list of
the 10 Most Endangered Hoosier landmarks.
MoreREITs get boost, not scorn, for selling cheap shares
May 11, 2009
Greg AndrewsHere's more evidence we're in strange times: Indianapolis' real estate investment trusts have been issuing hundreds of millions
of dollars of stock at woefully low prices—and getting a pat on the back from their shareholders for doing so.
MoreLongtime Fall Creek shop cuts bait
May 11, 2009
Fall Creek Bait & Tackle is closing after 42 years in business.
MoreLauth needs financing, real-estate recovery to emerge from bankruptcy
May 11, 2009
Cory SchoutenThe 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn't take too long to turn around, experts said.
More'Epic' investment losses hit hospitals
May 11, 2009
J.K. WallFinancial reports trickling in from Indianapolis' major hospitals show why the city's health care building boom ground to
a near halt this year. It ran into a wall of investment losses.
MoreRitter's buyer retools custard chain
May 4, 2009
Sam StallIndianapolis residents have been passionate about Ritter's handmade frozen custard ever since it debuted almost two decades
ago. But while the ice cream is sweet, the story of the former mom-and-pop company's attempts to morph into something grander
is decidedly bitter. Now, New York-based TruFoods, which bought the company in May 2008, is trying to get the formula
right.
MoreSteak n Shake hoping to roll out lower-cost, limited-service stores
May 4, 2009
Cory SchoutenTV spots for Steak n Shake Co. used to play up the chain's full-service restaurants, complete with friendly servers, real
plates
and glass ketchup bottles—a departure from the "workaraunts" operated by McDonald's and Burger King. Now, Steak
n Shake is developing plans for its own workaraunts.
MoreGrad students dream up plans for mass transit
April 27, 2009
Chris O'MalleyArchitecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling
than the Central Indiana Regional
Transit Authority's principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running
a diesel commuter train atop the old Nickel Plate Railroad corridor.
MoreWestfield mayor hopes $60M stadium project will transform city
April 27, 2009
Cory SchoutenWestfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family
Sports Capital
of America."
More
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
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.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.