Real Estate & Retail

Compromise bill allows state to spend $200M on interstates

March 13, 2014
 The Statehouse File
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
More

UPDATE: Mayor picks GM site for criminal justice complex

March 13, 2014
Kathleen McLaughlin
Mayor Greg Ballard will recommend that a proposed criminal justice complex be located on the former GM stamping plant on the western side of downtown—not the airport property that ranked highest in a market study.
More

U.S. retail sales rebound after two slow months

March 13, 2014
Associated Press
Retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture, the Commerce Department said.
More

UPDATE: Anderson schools extend Wigwam gym deadline

March 12, 2014
Associated Press
The Anderson Community School Board is holding off demolition plans for the district's Wigwam gymnasium and giving more time to leaders of an effort trying to save it.
More

Village of West Clay developer suspending operations

March 12, 2014
Andrea Muirragui Davis
Brenwick Development Co. claims a switch in lenders has halted about $7 million in land sales in the mammoth mixed-use community in Carmel. The firm has filed suit against the banks.
More

Lawmakers getting closer on nursing home moratorium

March 11, 2014
Associated Press
House Public Health Chairman Ed Clere said Tuesday that negotiators had found a compromise that would ban new construction for two years except in counties whose nursing homes are at 90-percent capacity or higher.
More

Developer to break ground on Fort Ben project

March 11, 2014
Tom Harton
The 36,000-square-foot building will house 27,000 square feet of office suites. The remainder will be retail, with the local Jockamo's Pizza chain slated to open a restaurant in the largest space.
More

Red Cross rethinking downtown HQ design, delaying land swap

March 10, 2014
Scott Olson
Re-examination of the scope of the not-for-profit group's project has stalled progress on a three-way property exchange that would clear the way for a massive apartment project on Massachusetts Avenue.
More

Brokers trying to reverse vacancy in downtown Indy officesRestricted Content

March 8, 2014
Scott Olson
The vacancy rate for Class A space approached 20 percent in 2011 for the first time in at least 15 years and kept trending upward, settling at 21.4 percent at the end of last year.
More

No-holds-barred tactics lifted developer Ozdemir

March 8, 2014
Cory Schouten
Ersal Ozdemir, who heads the development and construction firm Keystone Group, has charmed elected officials for years with big ideas—and hundreds of thousands of dollars in political contributions.
More

Craft brewery on tap for Speedway’s Main StreetRestricted Content

March 8, 2014
Daredevil Brewing Co.’s plans call for a 10,000-square-foot building to be constructed on a two-acre lot that it purchased at the southeast corner of West Main and Gilman streets.
More

New grocery chain plans three local stores

March 7, 2014
Jeff Newman
Fresh Thyme Farmers Market, a Phoenix-based specialty grocery startup that plans to open its first eight stores this year, has decided on three locations in Indianapolis.
More

Office retailer Staples plans to shut down 225 stores

March 7, 2014
Bloomberg News
Staples Inc., the largest U.S. office-supplies retail chain, will close as many as 12 percent of its North American stores and cut as much as $500 million in costs as online competition continues to hurt sales.
More

Durham's Geist mansion goes back to the bank at auction

March 6, 2014
Lender JPMorgan Chase & Co. took possession of convicted Ponzi schemer Tim Durham’s Geist mansion Thursday after the property failed to draw an offer higher than the bank’s base bid of $2.24 million.
More

J.D. Byrider adds franchises in seven states

March 4, 2014
 IBJ Staff
J.D. Byrider, the largest used-car franchisor in the nation, continued its national growth spurt by opening stores in seven different states between mid-December and Monday, the Carmel-based company announced Tuesday.
More

City announces short list for creating justice complex

March 4, 2014
Kathleen McLaughlin
Indianapolis officials Tuesday named three development groups that will be invited to submit proposals to create a new criminal justice complex.
More

Bill adds oversight to redevelopment commissions

March 4, 2014
Kathleen McLaughlin
The Indiana House approved a Senate bill that adds transparency to redevelopment commissions and forces decades-old tax-increment financing districts to expire.
More

RadioShack closing 1,100 stores as troubles grow

March 4, 2014
Associated Press
The closures represent just the latest setback for RadioShack, which has been struggling to update its image and compete with the rise of online retailers in recent years.
More

Indiana Landmarks rescues endangered Jewish landmark

March 4, 2014
Scott Olson
The preservation group paid $50,000 to rescue the near-north side temple on Ruckle Street, which was first occupied by the Beth-El congregation. After a roof replacement, officials hope to find a tenant for the historic building.
More

House passes moratorium on nursing home construction

March 3, 2014
John Sittler, The Statehouse File
The bill passed 55-40 and now returns to the Indiana Senate, which has already passed the bill and can now approve changes made by the House or send the bill to a conference committee for further consideration.
More

Committee urges hiring commitment for $81M MSA tower project

March 3, 2014
Scott Olson
A City-County Council committee recommended approval for the 28-story building but only if the developer pledges that 30 percent of the workers it hires to build the tower live in Marion County.
More

Former Simon exec sentenced in mail fraud scheme

March 3, 2014
Scott Olson
Carmel resident Mark Palombaro received a sentence of 18 months in a federal prison for perpetrating a construction kickback scheme in Pennsylvania that prosecutors say netted him $766,000.
More

Indiana mall's 'hoodie' signs offend some patrons

March 2, 2014
 Associated Press and IBJ Staff
The signs at the entrances of the Mounds Mall in Anderson state that, "For the safety & well-being of everyone, please lower your hoodie."
More

Council hopes historic value nixes IU land swap

March 2, 2014
Associated Press
Bloomington leaders would like a proposed new historic designation to persuade Indiana University to think twice about a land-swap plan that could include razing six houses to make way for a new fraternity building.
More

Apex credits door-to-door pitch for windows-sales successRestricted Content

March 1, 2014
Andrea Muirragui Davis
The company eschews traditional—and expensive—mass marketing in favor of face-to-face solicitations.
More
Page  << 11 12 13 14 15 16 17 18 19 20 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Really, taking someone managing the regulation of Alcohol and making himthe President of an IVY Tech regional campus. Does he have an education background?

  2. Jan, great rant. Now how about you review the report and offer rebuttal of the memo. This might be more conducive to civil discourse than a wild rant with no supporting facts. Perhaps some links to support your assertions would be helpful

  3. I've lived in Indianapolis my whole and been to the track 3 times. Once for a Brickyard, once last year on a practice day for Indy 500, and once when I was a high school student to pick up trash for community service. In the past 11 years, I would say while the IMS is a great venue, there are some upgrades that would show that it's changing with the times, just like the city is. First, take out the bleachers and put in individual seats. Kentucky Motor Speedway has individual seats and they look cool. Fix up the restrooms. Add wi-fi. Like others have suggested, look at bringing in concerts leading up to events. Don't just stick with the country music genre. Pop music would work well too I believe. This will attract more young celebrities to the Indy 500 like the kind that go to the Kentucky Derby. Work with Indy Go to increase the frequency of the bus route to the track during high end events. That way people have other options than worrying about where to park and paying for parking. Then after all of this, look at getting night lights. I think the aforementioned strategies are more necessary than night racing at this point in time.

  4. Talking about congestion ANYWHERE in Indianapolis is absolutely laughable. Sure you may have to wait in 5 minutes of traffic to travel down BR avenue during *peak* times. But that is absolutely nothing compared to actual big cities. Indy is way too suburban to have actual congestion problems. So please, never bring up "congestion" as an excuse to avoid development in Indianapolis. If anything, we could use a little more.

  5. Oh wait. Never mind.

ADVERTISEMENT