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Real Estate
Simon family's interests helped city thrive, but taxpayers paid the price
April 20, 2009
Cory SchoutenThe Simon family's role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows.
MoreAging building gets spruced up
April 20, 2009
Another rundown building near the northwest corner of Washington and Pennsylvania streets is getting some attention after
years of neglect.
MoreLauth, a once-booming developer, has sliced 90 percent of work force, lost control of some properties
April 20, 2009
Cory SchoutenStruggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
MoreNoblesville offered generous incentives to Simon for mall
April 20, 2009
Cory SchoutenThe old adage that retail follows rooftops is only partially true; retail also follows taxpayer-funded incentives.
MoreEmmis creates option to sell, lease back HQ
April 20, 2009
Greg AndrewsWould embattled Emmis Communications Corp. sell its Monument Circle headquarters, a prized development that opened a decade ago at what then-Mayor Steve Goldsmith called "the most important site in the city and the very center of Indiana?"
Simon layoffs would jeopardize HQ incentive deal
April 20, 2009
Cory SchoutenDuring one of the worst markets for real estate in decades, at a time when developers of all sizes are shedding employees,
officials with Simon Property Group Inc. continue to insist they have had zero layoffs.
MoreRecession slices into golf business; courses roll out promotions
April 13, 2009
Anthony SchoettleIndiana golf course operators are nervous about how the recession might lead to fewer golfers and lost revenue.
MoreFounders sell Greenwood firm
April 6, 2009
The three founders of Greenwood-based Leading Edge Commercial Real Estate Services have sold the firm's commercial real estate
division to one of their associates, Gretchen Radke.
MoreForeclosure investors shift to buy-and-hold strategy
April 6, 2009
Sam StallInstead of buying and selling, investors with ready cash are buying houses at substantial markdowns, turning them into rental
properties and sitting tight until the market improves.
MoreMost office-space renters opt to stay where they are
April 6, 2009
Sam StallTight budgets, unsure future make moving unattractive to office-space renters.
MoreFew private firms survive to third generation
March 30, 2009
Cory SchoutenThe Gene B. Glick Co. has managed to accomplish what few privately held family enterprises can—keeping the company alive
for
a third generation.
MoreA new generation takes over Glick apartment empire
March 30, 2009
Cory SchoutenA new generation of company leadership is revving the Gene B. Glick Co. and building and buying apartment complexes again.
MoreHistoric downtown building may be rescued.
March 23, 2009
Cory SchoutenLocal developer Halakar Properties Inc. is seeking tax abatement to save an endangered property.
MoreGroup wants to redevelop buildings, land near Circle
March 23, 2009
Cory SchoutenUptown Realty Investors, owners of two vacant buildings and a fenced lot along Washington Street downtown, aren't giving up
on redevelopment even after their plans for a $40 million mixed-use structure fell apart.
MoreDeveloper could turn Maxwell to apartments
March 23, 2009
Sluggish condo sales have led developer Kosene & Kosene Residential to consider turning its latest downtown project, The
Maxwell,
into apartments.
MoreDuke upends growth plan, focuses on paying debt
March 16, 2009
Greg AndrewsIn this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
MoreU.S. 31 project means massive changes for booming retail corridor
March 9, 2009
Chris O'MalleyLauth Properties alleges in a lawsuit that the state's plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
MoreC.P. Morgan's demise puts 2,000 home sites on market already overwhelmed with land
March 9, 2009
Cory SchoutenThe end of C.P. Morgan, the largest
central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
MoreF.C. Tucker forms partnership with home-builder Shoopman
March 9, 2009
F.C. Tucker Co. has entered into an agreement with Shoopman Home Building Group in which 21 Tucker real estate agents will
staff model homes in seven communities Shoopman is developing.
MoreSchool makes move into historic Lockerbie building
March 2, 2009
The private Todd Academy plans to move into a historic building at the northwest corner of East and New York streets in Lockerbie
Square.
MoreFast-growing appraisal firm evolves from subprime past
February 23, 2009
Cory SchoutenOne of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business
based in Indianapolis.
MoreTurn-of-century building could be saved from demolition
February 23, 2009
The Salvation Army is rethinking a request to demolish a historic home it owns next to its headquarters at Michigan and Alabama
streets.
MoreJefferson Plaza renovation approaches end
February 16, 2009
Katie MaurerThe Jefferson Plaza renovation, which has been renamed Allen Plaza after its developer, will include restaurants, office space, condos, and is also working to achieve LEED environmental certification.
CIB could ask for $34 million in write-offs from Circle Centre investors to ease deficit
February 16, 2009
Cory SchoutenA group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
MoreFall Creek Place plans retail and restaurant
February 9, 2009
The not-for-profit King Park Area Development Corp. is working on plans for a retail development at the vacant northeast corner
of 22nd and Delaware streets.
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So, am I now eating at Patachou or a Shake Shack?
Does the IBJ have any fact to backup their assertion that Steak n Shake is changing their branding? Or are trying to compete with the Star on how many stories they can get incorrect??
The NCAA has the authority to sanction an entire school if a single player is caught receiving unauthorized gifts. In the case of Penn State an assistant coach was sentenced to life in prison after being convicted of numerous felonies on campus, and members of the administration have been charged with covering it up. To suggest that the NCAA had no reason to get involved is laughable.
This image is of a trade show booth, not a retail store. I'm sure no one in their branding brain trust would really make their retail stores look like a second-label jeans brand from JCPenney. I would bet it's done at way so attendees know the ownership of the updated concept. (I have to say, tho, glad they appear to be losing affinity to the 50's drive-in idiom they were toying with post-Young & Laramore...)
I absolutely love the new sign. I've hated Steak N Shake for years now, but this new sign will make me eat there frequently!