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Real Estate
Police museum planned
February 2, 2009
The not-for-profit Indianapolis Historical and Educational Foundation is planning a police museum in the first floor of an
old warehouse along Pennsylvania Street across from Conseco Fieldhouse.
MoreDevelopers to pitch projects near public housing towers
January 26, 2009
Cory SchoutenThe Indianapolis Housing Agency is asking developers to pitch plans to build new residential
or commercial space on land surrounding the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story
Lugar Tower at 901 Fort Wayne Ave.
MoreHousing market may have hit bottom
January 26, 2009
Sam StallHere's something that passes as good news for central Indiana's moribund housing market: Prices might hold steady this year,
after falling nearly 7 percent from their 2006 peak.
MoreAiling anchor store casts uncertainty over Circle Centre
January 26, 2009
Greg AndrewsThe shopping mall business is fragile these days, with the recession sapping consumer spending as well as retailers' demand
for space. So how is Circle Centre, the centerpiece of downtown Indianapolis' 1990s revival, holding up? OK for now, it seems.
MorePenn Arts redevelopment hits funding snag
January 26, 2009
The Penn Arts apartment building at 16th and Meridian streets will stay vacant a while longer. A $3 million plan to transform
the 82-unit apartment building into 45 fancier units has hit a snag that's become familiar
to developers: No financing was available at advantageous terms
MoreFormer hospital could become student housing
January 19, 2009
Cory SchoutenIvy Tech Community College is working with private developers on an $18 million plan to turn the old St. Vincent Hospital
on Fall Creek
Parkway into a housing complex for Ivy Tech and IUPUI students.
MoreSlump emboldens retailers to play tough with Simon
January 19, 2009
Greg AndrewsSuddenly, the balance of power is shifting between retail tenants and mighty Simon Property Group Inc., the nation's biggest
mall owner. Simon's biggest
challenge: A litany of retailers either have failed or are on the brink of financial collapse, creating more empty spaces
in malls at a time demand is slack to fill it.
MoreMass Ave redevelopment reaches a roadblock
January 19, 2009
Cory SchoutenIndianapolis Public Schools is looking for a new redevelopment strategy for its 11-acre facility on Massachusetts Avenue after
an ambitious proposal for the historic former Coca-Cola bottling plant fizzled.
MorePanattoni cuts back local presence
January 19, 2009
California-based Panattoni Development Co. has eliminated its two-person Indianapolis development team as part of closures
and job cuts in five cities.
MoreBroad Ripple restaurant closes
January 19, 2009
Scholar's Inn Bakehouse has closed its cafe at the corner of College and Broad Ripple avenues in Broad Ripple. The locally
based chain still is operating the Scholar's Inn Restaurant & Lounge along Massachusetts Avenue downtown.
MorePortrait and Pasquinelli Homes winding down in Indianapolis
January 12, 2009
Cory SchoutenOne of central Indiana's largest condominium builders may have to exit the market because of slowing demand and problems with
financing. At peak, Chicago-based Portrait and Pasquinelli Homes was building 250 units per year in Indianapolis
MoreNew restaurants open in downtown Indianapolis
January 12, 2009
Two new restaurants near the corner of Washington and Pennsylvania streets have opened their doors.
MoreStadium, airport terminal open
December 29, 2008
Anthony SchoettleThe $720 million Lucas Oil Stadium opened in August, just in time for the Indianapolis Colts' season. Indianapolis International
Airport's $1.1 billion midfield
terminal, meanwhile, took off in November.
MoreHigh-flying Premier Properties crashes
December 29, 2008
Cory SchoutenThe founder of local real estate firm Premier Properties USA Inc. saw his company falter this year and faced three felony
charges in connection with its downfall.
MoreDavis Homes folds, other builders struggle
December 29, 2008
Cory SchoutenDavis Homes, one of the state's largest home builders, fell victim to the tough housing market, ceasing operations July 23.
MoreAngie's List chief builds company, rebuilds Holy Cross
December 29, 2008
Peter SchnitzlerFor several years, Angie's List CEO Bill Oesterle also has been quietly attempting to revitalize the near-east side.
MoreDistribution holds promise for Central Indiana
December 22, 2008
Chip CutterA new report shows that, despite a sluggish national economy, the Indianapolis area should continue to attract industrial
businesses and distribution centers next year.
MoreApartment revitalization work begins in Irvington
December 22, 2008
Apartment developer Christopher Piazza has closed on financing for a $1.2 million renovation of a 1914 apartment building
in Irvington.
MoreKite drops about 10 percent of its staff as retail market flounders
December 15, 2008
Cory SchoutenKite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
MoreAppeals pay off for biz owners
December 8, 2008
Peter SchnitzlerMore than one in four Marion County commercial and industrial property owners has appealed its property tax assessments this
year, and the challenges often are paying off in a big way.
MoreChicago's Jones Lang LaSalle attracts talented local brokers to establish Indy branch
December 8, 2008
Chip CutterSome of the city's most prominent commercial real estate brokers have resigned from locally owned Meridian Real Estate to
launch an Indianapolis affiliate of Chicago-based Jones Lang LaSalle.
MoreLease-to-own options becoming more popular
December 8, 2008
Chip CutterWith credit tight and the economy shaky, homeowners around the region are increasingly choosing to sell their properties on
a lease-to-own basis.
MoreKosene & Kosene embroiled in 62 lawsuits
December 1, 2008
Cory SchoutenIndianapolis developer Kosene & Kosene is battling buyers over a $500 million condo project near Fort Myers.
MoreIndiana bankruptcies soar
December 1, 2008
Peter SchnitzlerIndiana bankruptcies are rising toward levels not seen since Congress tightened filing rules three years ago, and experts
say stretched consumers and businesses probably won't reap benefits of an improved economy for at least a year.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.