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Real Estate & Retail
Kite Realty reports small loss as revenue rises
May 3, 2013
Scott OlsonThe Indianapolis-based real estate investment trust saw a healthy revenue increase due largely to more signed leases and gains
on the sale of three land parcels.
MoreIrsay may rescue Colts-themed restaurant
May 2, 2013
IBJ StaffLess than a day after its closure was announced, a Colts-themed restaurant on the far north side of Indianapolis may be getting
a reprieve.
MoreColts-themed restaurant closes its doors after financial losses
May 2, 2013
Scott OlsonThe Blue Crew Sports Grill on Indianapolis' far north side closed its doors Thursday after seven years in business, according
to a post on the eatery's Facebook page.
MoreKite buys Castleton Crossing center for $39M
May 1, 2013
The retail center, off East 82nd Street, near Interstate 465 and Allisonville Road, is fully leased and is anchored by HomeGoods,
Burlington Coat Factory and Shoe Carnival.
MoreMore franchisees join revolt over Steak n Shake menu pricing
May 1, 2013
Scott OlsonThree franchise owners filed suit last month against Steak n Shake, including two on the same day, challenging the company's
policy that they say prohibits them from setting their own menu prices.
MoreDevelopers suspend most Rockport gas plant work
April 30, 2013
Associated PressIndiana Gasification project manager Mark Lubbers told the Evansville Courier & Press that neither the General
Assembly nor Gov. Mike Pence support the project.
MoreOwnership snarl resolved, Illinois Building on block
April 27, 2013
Scott OlsonAn affiliate of locally based HDG Mansur has owned the 10-story building at Illinois and Market streets since the 1980s. It’s
sat empty for 10 years, thanks in large part to separate ownership of the building and the land—an arrangement once
common among downtown buildings.
MoreZionsville's Main Street aims to boost drawing power, charm
April 27, 2013
Andrea Muirragui DavisZionsville’s new economic development plan calls for ramping up commercial activity in the predominantly residential
community—just not at the expense of the mom-and-pop shops that give the Boone County town its charm.
MoreNew lights only the beginning for Brickyard changes
April 27, 2013
Anthony SchoettleEverything is on the table for consideration, says new Hulman & Co. CEO Mark Miles.
MoreSpeedway's Speed Zone redevelopment project in high gear
April 27, 2013
Anthony SchoettleSome goals have been realized, while others are moving through the pipeline.
MoreDowntown's historic Century Building set for sheriff’s sale
April 26, 2013
Scott OlsonThe 112-year-old office building will return to the market in a precarious position, as a major tenant plans to depart.
MoreMore demand for mall space boosts Simon earnings
April 26, 2013
Bloomberg NewsThe Indianapolis-based owner of retail centers raised its expectations for the fiscal year after reporting solid gains in
occupancy, rent revenue and earnings for the first quarter.
MoreDuke Realty posts profit on sale of properties
April 25, 2013
The Indianapolis-based real estate investment trust rang up earnings of $28 million, mostly due to gains from the sale of
18 properties.
MoreMass Ave business owners split over proposed district tax
April 24, 2013
Kathleen McLaughlinOpponents of a proposed tax to pay for improvements throughout the cultural district have accused tax advocates of rigging
the proposal to ensure its passage.
MoreContractor pleads guilty to fraud involving FBI building
April 23, 2013
Associated PressAn Ohio man has admitted to defrauding more than $225,000 from contractors involved in FBI building projects in Indianapolis
and Knoxville, Tenn.
MoreBanks scale back real estate needs as transactions shift online
April 23, 2013
Scott OlsonAfter zooming higher in the last decade, the number of bank branches in Indiana slipped to 2,056 in 2011, the lowest level
since 2006.
MoreAfter raid, pet store owner agrees to quit selling animals
April 23, 2013
IBJ StaffAnimal control officers found hundreds of violations in March at The Fish Bowl, 2101 East Michigan St. The owner plans to
continue operating his business as a pet-supply store.
MoreSenate bill jeopardizes tax-free online shopping
April 22, 2013
Associated PressStates could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S.
Senate on Monday.
MoreHAGERMAN: Turbulent times like these not for the faint of heart
April 20, 2013
Jeff HagermanStrategic planning for market-sector success in commercial real estate has always been difficult and risky, but the past five
years of the recession have only compounded this uncertainty.
MoreArchitectural gems in Indianapolis
April 20, 2013
These jewels help distinguish some of downtown's best-dressed buildings.
MoreQuality Connection names new executive director
April 20, 2013
IBJ StaffThe Quality Connection trades group has named former Indianapolis Downtown Inc. marketing chief Julia Watson to succeed Tom
O’Donnell as executive director.
MoreBig names lining up to tackle Market Square site
April 20, 2013
Scott OlsonCity officials will have at least four proposals to consider for redevelopment of a downtown parking lot where Market Square
Arena once stood. Bids are due to the city by April 22.
MoreOnline sales-tax proposal hits Senate roadblock
April 18, 2013
Associated PressRepublican state senators have blocked a vote on a bill that would force Amazon.com and some other online-only retailers to
start collecting Indiana's 7-percent sales tax this summer.
MoreCarmel council wary of $100M Pedcor project
April 18, 2013
Andrea Muirragui DavisPedcor Cos. wants to apply for a state tax credit to help fund an upscale $100 million housing and office development in Carmel's
Midtown. But City Council members are holding it at arm's length for now.
MoreIndiana foreclosure prevention program expanding
April 17, 2013
Associated PressState officials estimate that about 10,000 Indiana homeowners will get help in making their mortgage payments under an expansion
of a federally funded foreclosure prevention program.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.