- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Real estate deals
Restoration planned for landmark Old Centrum property
February 27, 2010
Cory SchoutenThe Historic Landmarks Foundation of Indiana plans to acquire the Romanesque Revival former church and is considering moving
its headquarters there.
MoreBattle for General Growth biggest real estate fight in years
February 25, 2010
Bloomberg NewsThe battle for General Growth Properties Inc., owner of more than 200 U.S. malls, is turning into the biggest real estate
skirmish since the sale of Sam Zell's Equity Office Properties Trust.
MoreWestfield Group enters General Growth fray, source says
February 25, 2010
Bloomberg NewsAdditional offers beyond those by Simon Property Group and Brookfield Asset Management may emerge, General Growth President
Thomas H. Nolan Jr. said.
MoreBrookfield deal doesn't put Simon out of General Growth game
February 25, 2010
Bloomberg NewsThe bid by Simon Property was an "initial salvo" and the Brookfield plan likely will prompt a new offer from the Indianapolis-based
mall owner, real estate research analyst says.
MoreBrookfield after 30-percent stake in General Growth, source says
February 23, 2010
Bloomberg NewsThe plan by Toronto-based Brookfield Asset Management would give General Growth Properties a higher valuation than a $10 billion
takeover bid by Simon Property Group.
MoreReport: Brookfield plans bid for Simon target General Growth
February 23, 2010
Bloomberg NewsBrookfield Asset Management Inc. plans to bid for a stake in General Growth Properties Inc., beating an offer by Indianapolis-based
Simon Property Group Inc. for the bankrupt shopping mall owner, the Wall Street Journal reported.
MoreSimon's $10 billion bid for bankrupt General Growth roils retailing
February 20, 2010
Cory SchoutenSimon Property Group Inc. already is known for playing hardball with mall tenants over rent. So national retailers like The
Gap Inc. and Limited Brands Inc. will be bracing for future lease negotiations if the nation's largest mall owner succeeds
in a $10 billion bid to take over its nearest rival, the bankrupt General Growth Properties Inc.
MoreGeneral Growth board sued for rejecting $10B Simon bid
February 20, 2010
Bloomberg NewsDirectors at Chicago-based General Growth Properties Inc. are being sued by a shareholder claiming they shouldn’t have
rejected a $10 billion buyout offer from competitor Simon Property Group Inc.
MoreApartment developer plans 217 units in Lawrence
February 19, 2010
Cory SchoutenJ.C. Hart Co. is designing plans for a $17 million upscale apartment community as part of the master-planned Lawrence Village
at the Fort.
MoreBlackstone may join Simon's bid for General Growth
February 19, 2010
Bloomberg NewsBlackstone Group LP, the world's largest private-equity firm, may join Simon Property Group Inc.'s bid to buy bankrupt
General Growth Properties Inc., according to two people with knowledge of the discussions.
MoreBrizzi contributor Epperly no stranger to controversy
February 6, 2010
Greg AndrewsHarrison Epperly has made a fortune in his business career, but he's also sparked controversy.
MoreSimon, partner selling European malls for $981M
February 5, 2010
Bloomberg NewsUnibail-Rodamco SE, Europe's biggest shopping-center owner, has agreed to pay Simon Property Group and Ivanhoe Cambridge Inc.
$981 million for stakes in seven malls in France and Poland.
MoreCincinnati investors buy apartment complex anchored by mansion
February 2, 2010
Tom HartonSundance Real Estate Holdings and other investors closed on the 37-unit Mansion Row apartments at 2550
Cold Spring Road on Dec. 30.
MoreNorthwest-side industrial park sells for almost $30 million
January 26, 2010
Tom HartonThe North by Northwest Business Park near 86th Street and Georgetown Road has been sold to firms in Minneapolis
and Baltimore for $29.6 million.
MoreSimon Property accepts $2.3B of notes in offer
January 22, 2010
Associated PressSimon will fund the purchase with available cash plus proceeds from the sale of $2.25 billion in senior unsecured notes.
MoreOutlook remains grim for commercial real estate
January 20, 2010
Cory SchoutenExpect another year of rising vacancies, declining property values and distressed sales in the central Indiana commercial
real estate
market. That's the message from Colliers Turley Martin Tucker in its annual State of Real Estate report.
MoreNature Conservancy buys 282 acres from Girl Scouts
January 16, 2010
IBJ StaffThe land in Brown County will be turned over to the Indiana Division of Forestry.
MoreJones Lang LaSalle lures top industrial broker from CTMT
January 8, 2010
Cory SchoutenOne of the city's most prolific commercial real estate brokers is leaving the local office of Colliers Turley Martin Tucker
to join Chicago-based Jones Lang LaSalle.
MoreBrokerage CTMT rebranding, dropping Tucker name
January 6, 2010
Cory SchoutenThe city's largest commercial real estate brokerage is breaking from Colliers International and dropping Tucker from its moniker
for the first time in more than 90 years.
MoreBuckingham tapped to develop mixed-use project near IUPUI
January 2, 2010
IBJ StaffFormer YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
MoreAIMCO rethinks sale of four apartment complexes
December 22, 2009
Tom HartonA Denver-based company that just sold its largest Indianapolis apartment complex has taken its four remaining local properties
off the market.
MoreGeneral Growth says it will consider acquisition offers
December 18, 2009
IBJ Staff and Associated PressGeneral Growth Properties, the Chicago mall owner that Indianapolis-based Simon Property Group Inc. is interested in buying,
said the company will consider all offers and may sell shares to the public to raise capital.
MoreBrightpoint pays $31M for distribution facility
December 17, 2009
Cory SchoutenLocally based Brightpoint Inc. has closed on a $31 million deal to purchase its 495,000-square-foot distribution facility
in Plainfield.
MoreUPDATE: Simon stock jumps on $2.3B acquisition
December 8, 2009
Cory SchoutenAdding the 22-mall portfolio of Baltimore-based Prime Outlets will give Simon a total of 63 outlet malls with more than 25
million square feet of space.
MoreSimon buying Prime Outlets in $2.3B deal
December 8, 2009
Cory SchoutenSimon Property Group Inc. is doubling down on outlet malls with an agreement to buy Baltimore-based Prime Outlets, a
privately held firm that owns 22 of the giant properties.
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
First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.