February 26, 2013
Tom HartonAmbrose Property Group will break ground next month on its first industrial project, a 545,010-square-foot national distribution
center for Gordmans Inc.
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February 23, 2013
Mason KingHere’s what we don’t know: what it will look like, what amenities users can expect, and how it will link to rapid-transit
lines still in the planning stages. At the moment, the 1.9-acre parcel is a city-owned parking lot, situated on the south
side of Washington Street between Delaware and Alabama streets. But architecture, urban planning and mass transit fans imagine
it as an empty canvas, with the potential to showcase a signature structure that triggers more development nearby.
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February 23, 2013
Norm HeikensTenants include interior designers, artists, kitchen cabinet firms.
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February 23, 2013
Sarah HempsteadConfluence of trends, developments offer special opportunity.
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February 22, 2013
The locally based grocery chain said it is shutting down the stores rather than renew leases. Following the closings, Marsh
will have 91 stores in Indiana and Ohio.
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February 21, 2013
Kathleen McLaughlinThe Indiana House on Thursday approved a bill regulating cash-for-gold stores, which have proliferated since gold prices shot
up in 2008.
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February 21, 2013
Scott OlsonThe firm in historic Union Station had been ordered to shut down by the state because it owed more than $43,000 in delinquent
taxes, but the state appears to have been mistaken in its decision.
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February 20, 2013
Associated PressThe bill would require the state to suspend the business license for a year of any retailer caught selling synthetic drugs
or lookalikes.
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February 20, 2013
Associated PressThe move would combine the No. 2 and No. 3 office supply retailers and lead to consolidation in an industry that analysts
say is over-stored. Office Depot has eight stores in the Indianapolis area and OfficeMax has five.
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February 19, 2013
Tom HartonThe five-story, $22.9 million building would be constructed on university-owned land at the northeast corner of New York Street
and University Boulevard.
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February 18, 2013
Associated PressNew calculations for property taxes on Indiana farmland would be delayed for a year under a proposal approved by the state
Legislature.
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February 18, 2013
Scott OlsonThe issue will be decided by Judge Sarah Evans Barker, who presided over a two-week civil trial that saw a federal jury return
a $2.2 million judgment against the former CEO of Marsh Supermarkets Inc. late Friday night.
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February 18, 2013
Dan HumanAn Indianapolis developer’s last-minute bankruptcy filing halted the auction of a struggling downtown condominium project.
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February 16, 2013
IBJ StaffA federal jury returned a $2.2 million judgment against iconic Marsh Supermarkets CEO Don Marsh late Friday, finding that
he tapped corporate coffers for personal expenses.
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February 15, 2013
IBJ StaffHome-sale agreements in the nine-county Indianapolis area spiked 17.2 percent in January compared to the same month a year
earlier, suggesting last year's housing recovery continues to gain momentum.
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February 15, 2013
Dan HumanAn Indianapolis drywall contractor faces criminal charges that he underpaid his employees working on a government housing
project, and then falsified documents to cover it up, the Marion County Prosecutor's Office announced Friday.
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February 15, 2013
Scott OlsonThe panel of nine will begin closed-door discussions Friday afternoon following closing arguments from attorneys representing
Marsh Supermarkets Inc. and the former CEO of the company accused of spending $3.3 million of company funds on personal expenses.
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February 14, 2013
Scott Olson
Lawyers for the former CEO of Marsh Supermarkets on Thursday hammered home their claims his expenses were widely accepted
in the company as normal business costs, while witness testimony revealed a corporate culture that passed the buck on evaluating
those costs.
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February 13, 2013
Scott OlsonLawyers for Don Marsh got their first chance to go on the offensive Wednesday after Marsh Supermarkets Inc. rested its case
against the company's former CEO.
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February 12, 2013
Scott OlsonThe former Marsh Supermarkets president told jurors: "Every time I used [the plane] I had a time constraint, and my time was
valuable to the company."
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February 12, 2013
Scott OlsonAny feelings of satisfaction that Sun Capital Partners executives had after completing the acquisition of Marsh Supermarkets
Inc. quickly turned to "shock and surprise," a managing director of the private-equity firm told jurors Tuesday.
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February 12, 2013
Area home-building activity continues to improve as the number of single-family permits filed in January jumped 55 percent
from the same period last year.
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February 12, 2013
Chris O'MalleyThe Indiana Department of Revenue has revoked the Indianapolis firm's retail merchant certificate, alleging it owes more than
$43,000 in taxes.
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February 12, 2013
Tom HartonTwo downtown apartment projects seek critical government approvals in the next month, while another commercial project
is on track to start this year.
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February 11, 2013
Cory SchoutenThe Capital Improvement Board of Marion County has agreed to slash its sale price on downtown's Ober Building by $700,000
after inspections showed problems including a leaky roof and damaged HVAC system.
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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.