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Retail Development
Pittman pitches $90M mixed-use project for Zionsville
May 22, 2013
Andrea Muirragui DavisOne of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential
hub if Pittman Partners' 62-acre project gets the town’s blessing.
MoreSt. Vincent sports practice to fill vacant Clay Terrace big box
May 21, 2013
Scott OlsonSt. Vincent Sports Performance will occupy a building in Clay Terrace originally occupied by Circuit City.
MoreDeveloper planning $60M project near Ball State
May 10, 2013
Associated PressInvestment Property Advisors of Valparaiso hopes to build a four-story building wrapping around a six-story parking garage
that will have 228 apartments and storefronts on the street level.
MoreDeveloper shelves plan to buy city land, build Meijer
May 6, 2013
Scott OlsonOpus Development Corp.'s proposal for the project north of downtown included buying and bulldozing dozens of historic homes
in the Flanner House neighborhood.
MoreMeijer might finally be coming to Anson
May 4, 2013
Construction paperwork indicates the store will be almost 200,000 square feet and employ 100 people.
MoreDeveloper closing in on Ironworks anchor tenant
April 9, 2013
Scott OlsonHendricks Commercial Properties is set to break ground on the $30 million mixed-use development on the southwest corner of
86th Street and Keystone Avenue on Wednesday.
MoreLocal REITs charge ahead of pack in bull market
March 27, 2013
Scott OlsonIndiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually
hardy and suddenly hot sector.
MoreBarron's enthrones Simon among world's best CEOs
March 25, 2013
Mason KingAlready one of the most highly regarded CEOs in Indiana and in his industry, David Simon of Simon Property Group now is keeping
company with the likes of Warren Buffett, Amazon's Jeff Bezos and Larry Page of Google.
MoreTwo projects would give Nora Plaza a face-lift
March 23, 2013
Scott OlsonThe developer of Nora Plaza is planning a $2 million redevelopment of a building that formerly housed Café Nora in
the popular north-side shopping center, and anchor Whole Foods is expanding into 5,700 square feet of space north of its existing
store.
MoreCentre Properties puts 3 strip centers into Chapter 11
March 19, 2013
Scott OlsonThe Indianapolis developer said the bankruptcy filings are intended to prevent lender Bank of America from forcing the sale
of RiverPlace Shops in Fishers, Raceway Market Shops in Indianapolis and Greenwood Crossing in Greenwood.
MoreKite Realty is makeover artist for tired shopping centers
March 9, 2013
Cory SchoutenHaving rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
MoreThree years after opening, Indiana Design Center fills
February 23, 2013
Norm HeikensTenants include interior designers, artists, kitchen cabinet firms.
MoreWal-Mart revisits plan for Greenwood store
February 7, 2013
Associated PressA retail giant that lost its bid to build a store in Greenwood nearly a decade ago is hoping local leaders look more favorably
on a new proposal to erect a smaller store at the same site.
MoreCassidy Turley offers mixed outlook on Indy real estate
January 10, 2013
Cory SchoutenThe city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more
cautious view on the office and retail sectors, predicting that uncertainty caused by political gridlock could hamper an already
sluggish recovery.
MoreInvestor: Kroger missed chance to buy ‘linchpin’ property
January 5, 2013
IBJ StaffOwner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property
to make way for new downtown store.
MoreFormer Lifestyle gym building target of foreclosure
December 28, 2012
Scott OlsonThe owner of the building at 4225 E. 82nd St. owes $4.9 million on a $7.4 million loan, according to the suit. The tenant,
Lifestyle Family Fitness, closed the location in November 2011.
MoreKite continues Southeast push with $37.3M in acquisitions
December 27, 2012
IBJ StaffIn December, the Indianapolis-based real estate investment trust bought two shopping centers in Greenville, S.C., using proceeds
from its recent $60 million stock sale.
MoreDeveloper close to starting project at 116th, Springmill
December 18, 2012
Tom HartonGershman Brown Crowley Inc. is in the process of getting design approval from the city of Carmel for a 9,600-square-foot retail
building and a 13,200-square-foot CVS pharmacy.
MoreSimon’s Rushmore Mall loan sent to servicer, Fitch says
December 12, 2012
Bloomberg NewsA loan with a balance of $94 million on a South Dakota shopping center owned by Simon Property Group was sent to a special
servicer because default is imminent, Fitch Ratings said.
MoreSite of historic church being shopped for retail development
December 4, 2012
Tom HartonThe 4.5-acre site of the St. John United Church of Christ is back on the market following the settlement earlier this year
of a lawsuit between the church and the city.
MoreINSIDE DISH: Carmel eatery unafraid to break a few eggs, rules
November 2, 2012
Mason King
Restaurateur Larry Hanes stuck to his guns in creating Eggshell Bistro, bending conventions with
eclectic decor, artisanal coffees, and a simple menu with restrained portions.
LA Fitness buys site near Washington Square, boosting area
October 30, 2012
Cory SchoutenLA Fitness plans to build a gym on the former home of a Loews movie theater adjacent to Washington Square Mall in the latest
sign of progress for a struggling retail submarket.
MoreKite Realty seeks $52 million in share offering
October 17, 2012
IBJ StaffKite Realty Group Trust Inc. is selling 10.5 million new shares at $5.20 per share in an offering set to raise at least $52
million for the Indianapolis-based retail developer.
MoreKeystone Group picked for Butler mixed-use project
October 6, 2012
The university chose Keystone over Kite Realty Group and Lauth Property Group to build housing, retail and parking worth up
to $45 million.
MoreDeveloper targets long-empty College Avenue retail building
October 2, 2012
Tom HartonTeagen Development Inc. has a purchase agreement for the 6,600-square-foot building at 1101 N. College Ave., rescuing it from
an attempt—since withdrawn—to demolish the structure.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!