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Residential Real Estate
Large Broad Ripple apartment complex slated for $10M renovation
July 21, 2012
New owner of property bought out of foreclosure seeks city revenue bonds, state low-income housing tax credits.
MoreArea home-sale agreements show June increase
July 16, 2012
IBJ StaffHome-sale agreements in the nine-county Indianapolis area were up nearly 5 percent in June compared to a year ago, the F.C.
Tucker Co. announced Monday afternoon. Year-to-date sales contracts through the first six months are up 13.4 percent.
MoreArea sees June dip in residential building permits
July 16, 2012
Home builders filed fewer building permits in the nine-county Indianapolis area last month, but filings are still up through
the first six months of 2012.
MoreDevelopers prefer low-rise apartments in downtown Indianapolis
July 14, 2012
Scott OlsonBuilding codes add more expense to high-rise projects.
MoreFirm pitching Super Bowl rentals in Indy ordered to pay up
July 12, 2012
Associated PressAn Indianapolis judge has ordered a Phoenix-based home rental company to pay nearly $218,000 for not providing promised services
before the Super Bowl last February.
MoreMore U.S., Indiana homes facing foreclosure risk
July 12, 2012
Associated PressMore than 1 million properties experienced foreclosure filings in the first half of 2012. Twenty states saw a first-half rise
in foreclosure activity from the same time a year ago. Indiana had the biggest rise on a percentage basis, with a 32-percent
increase in foreclosure activity.
MoreCity launches extensive rezoning initiative
July 10, 2012
Tom HartonThe nearly $2 million effort, named Indy Rezone, is being steered by city planners, private developers, elected officials,
architects, community activists and others.
MoreBoard's ruling puts Fall Creek home sites back on market
July 7, 2012
Cory SchoutenBuyers have quickly snapped up two home sites and the city might sell seven more on a stretch of Broadway Street where The
Oaks Academy had hoped to build a soccer field.
MoreBuilding relationships pays off for contractor Gray
July 7, 2012
Andrea Muirragui DavisSteve Gray Renovations grew during the remodeling industry’s worst downturn in more than two decades.
MoreResidents allege poor construction at another Kosene condo project
June 25, 2012
Cory SchoutenThe homeowners association at the Packard condominiums plans to file a lawsuit this week against developer Kosene & Kosene
Residential and other companies, alleging the 62-unit downtown building was "improperly constructed and is deteriorating."
MoreIndianapolis house is retreat and headquarters for designer, sculptor
June 23, 2012
Katie MaurerIt was on a long-ago trip to Hawaii that the couple decided to bring a little bit of vacation into their everyday lives, launching
a design and construction process that would result in their dream home.
MoreArea real estate agents retool to stay relevant
June 23, 2012
Cory SchoutenWith information booming online, agents are offering more services.
MoreHistory on the block
June 23, 2012
IBJ StaffThis example of Jacobethan Revival architectural style, the Glossbrenner Mansion at 3202 N. Meridian St., is about to be listed
for sale.
MoreRyland purchases 504 local lots from home builder
June 21, 2012
California-based Ryland Group Inc., the Indianapolis area's third-largest home builder, said it bought the Indianapolis-area
lots from Westport Homes.
MoreWhitsett's Lockerbie project will be market rate
June 19, 2012
Tom HartonWhitsett was counting on selling state-issued affordable housing tax credits to finance the $27 million project, but it wasn’t
among the projects awarded credits.
More16 Park developer to rebuild after 'heartbreaking' fire
June 18, 2012
Scott OlsonThe Friday blaze engulfed a four-story, 28-unit apartment building due to open this fall as part of the $34 million 16 Park
project. The Indianapolis Housing Agency says construction will resume as soon as possible.
MoreCause, origin of apartment building fire undetermined
June 16, 2012
IBJ Staff and Associated PressThe fire destroyed part of 16 Park, a $34 million affordable housing development that's intended to help spur a revival
of the 16th Street corridor.
MoreIllinois Place apartments planned for former Winona site
June 13, 2012
Scott OlsonThe $6.5 million project, led by the Children's Museum of Indianapolis, will include 50 apartment units, 22,000 square feet
of commercial space and a 2-acre park. Construction could start by the end of the year.
MoreCentral Indiana housing market enjoys strong May
June 12, 2012
Scott OlsonIn May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building
permits for new construction rose 20 percent.
MoreArea sees May surge in residential building permits
June 11, 2012
IBJ StaffNew-home construction in the Indianapolis area rebounded last month from a poor April to post a big year-over-year increase.
MoreBank seeks to foreclose on local apartment complex
June 4, 2012
The owners of Arbor Green Apartments on the city's northeast side owe nearly $15.9 million on a 2008 loan, according to court
documents.
MoreBuckingham reviving Gramercy project with smaller plans
May 29, 2012
Kathleen McLaughlinBuckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version
of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six
years ago.
MoreRetail lineup taking shape for CityWay project
May 22, 2012
Cory SchoutenCityWay has landed a fine dining restaurant, a mixology bar, a Qdoba and a frozen yogurt shop as developer Buckingham Cos.
turns its attention to the retail portion of the $155 million mixed-use project.
MoreSales of existing homes up nationally in April
May 22, 2012
IBJ Staff and Associated PressModest increases in home sales are the latest sign that the market could be starting to turn around nearly five years after
the housing bubble burst. Still, housing construction remains at roughly half the pace that economists consider a healthy
market.
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So, am I now eating at Patachou or a Shake Shack?
Does the IBJ have any fact to backup their assertion that Steak n Shake is changing their branding? Or are trying to compete with the Star on how many stories they can get incorrect??
The NCAA has the authority to sanction an entire school if a single player is caught receiving unauthorized gifts. In the case of Penn State an assistant coach was sentenced to life in prison after being convicted of numerous felonies on campus, and members of the administration have been charged with covering it up. To suggest that the NCAA had no reason to get involved is laughable.
This image is of a trade show booth, not a retail store. I'm sure no one in their branding brain trust would really make their retail stores look like a second-label jeans brand from JCPenney. I would bet it's done at way so attendees know the ownership of the updated concept. (I have to say, tho, glad they appear to be losing affinity to the 50's drive-in idiom they were toying with post-Young & Laramore...)
I absolutely love the new sign. I've hated Steak N Shake for years now, but this new sign will make me eat there frequently!