Retail Development

Simon plans for spinoff get warm reception from Wall Street

December 13, 2013
Scott Olson
After recently stalling on the stock market, shares of Simon Property Group perked up in trading Friday after the massive local firm announced plans to spin off nearly 100 retail centers into a new firm. Analysts approved of the move.
More

Indy-based Simon spinoff will include 13 Indiana centers

December 13, 2013
Scott Olson
The locally based retail giant confirmed Friday morning that its new spinoff will be headquartered in Indianapolis. Several of Simon's properties in the area will be among the new portfolio, including Clay Terrace in Carmel.
More

Activity at AmeriPlex gaining steam

December 10, 2013
Scott Olson
The west-side industrial park, one of the city's largest, is experiencing robust construction activity that includes more than just distribution centers.
More

Final piece of city land-swap deal almost done

December 6, 2013
Scott Olson
Indianapolis Fire Department Credit Union officials are set to sign off on a deal with the city to build a facility downtown near College Avenue. That would clear the way for a $43 million project on the credit union's current Mass Ave site.
More

Gershman co-founder goes solo

November 23, 2013
Scott Olson
A heavy hitter among commercial real estate developers has left the firm he helped found more than 20 years ago, to start his own company, and has taken most of its employees with him.
More

Kite Realty raises $217.3M in secondary share offering

November 14, 2013
The local rest estate investment firm says it will use some of the proceeds to repay debt and the rest to fund part of its recent $307 million purchase of nine Southern retail properties.
More

Kite Realty to pay $307M for 9 retail properties

November 6, 2013
The Indianapolis-based real estate firm said the properties total 2 million square feet and are mostly located in Florida, Georgia and Texas. The acquisition would bump the size and value of Kite's portfolio by about 20 percent.
More

Alumnus Simon pledges $5 million to Columbia biz school

October 24, 2013
David Simon, CEO of Simon Property Group Inc., graduated from Columbia Business School in 1985. His gift will help build 450,000 square feet of new facilities on its campus.
More

Former Simon executive faces fraud charge

October 10, 2013
Kathleen McLaughlin
Federal prosecutors in Pittsburgh have charged Mark Palombaro of Carmel with a single count of mail fraud in connection with a kickback scheme.
More

Councilor takes aim at Browning's Broad Ripple apartment project

October 1, 2013
Kathleen McLaughlin
At-large City-County Council member Zach Adamson says that even if the apartments-and-grocery project gets an OK from city development officials on Wednesday, he might force an additional hearing.
More

City eyes Cummins as anchor for key downtown site

September 21, 2013
Scott Olson
City officials are quietly trying to orchestrate what would be a major coup: Landing Cummins as an office anchor for a second phase of redevelopment on the former home of Market Square Arena.
More

Drugstore slated for redeveloped Star property

September 9, 2013
Scott Olson
A drugstore, likely a CVS or Walgreens, is expected to anchor the ground-level retail space that will be part of the planned mixed-use redevelopment of the downtown Indianapolis Star headquarters property.
More

Wal-Mart steps up grocery ambitionsRestricted Content

August 31, 2013
Scott Olson
The Indianapolis grocery market is about to become even more competitive, as discount giant Wal-Mart embarks on a strategy to offer consumers a store design much cozier than its cavernous supercenters.
More

Broad Ripple apartment project gets preliminary approval

August 15, 2013
Scott Olson
The controversial residential-and-retail development along the Central Canal got the nod from a city hearing examiner on Thursday. A zoning change and variances for the project still require additional approval.
More

Simon suffers setback in antitrust suitRestricted Content

August 10, 2013
Cory Schouten
A federal lawsuit alleging monopolistic behavior by Simon Property Group Inc. likely will proceed to trial after a federal judge in South Bend denied a motion by the Indianapolis-based mall giant to dismiss the 3-year-old case.
More

Dispute over Uptown Business Center in SoBro gets messier

August 7, 2013
Scott Olson
The dispute started in October when the lender tried to take possession of the building at the southwest corner of 49th Street and College Avenue. Now the owner has filed Chapter 11 to delay foreclosure proceedings.
More

Centre Properties escapes foreclosure on 12 properties

July 30, 2013
Jeff Newman
Financial terms of the agreements, announced in a written statement, were not disclosed, but the mortgages involve tens of millions of dollars in debt on retail properties spread throughout the area.
More

IPO for giant retail REIT may be biggest since Simon

July 21, 2013
Bloomberg News
The initial public offering of Brixmor Property Group, the second-largest U.S. shopping center landlord, may be the biggest for a retail real estate investment trust since Simon Property Group Inc.’s IPO 20 years ago.
More

Will residential boom end commercial bust in West Clay?

July 20, 2013
Andrea Muirragui Davis
Residential construction is booming in The Village of West Clay, the already-sprawling Carmel development designed to mimic small-town life at the turn of the (last) century. But not everything has gone according to Brenwick Development’s ambitious plans. Two commercial nodes remain largely undeveloped, and one property owner’s legal woes led to several high-profile vacancies that have yet to be filled.
More

Specialty grocer on wish list for MSA development

July 18, 2013
Scott Olson
Flaherty & Collins, the developer of the 28-story tower, "would love to have a Whole Foods" or similar grocer as a retail tenant. With one Marsh two blocks away and another under construction nearby, the project begs the question whether the area can support three groceries.
More

Aging east-side shopping center to be redeveloped

July 8, 2013
Scott Olson
A local developer has received city approval to rezone 10 acres at Fall Creek Parkway and East 56th Street as part of a plan to demolish a mostly vacant retail center and replace it with a 42,000-square-foot anchor grocery store and other shops.
More

Pittman pitches $90M mixed-use project for Zionsville

May 22, 2013
Andrea Muirragui Davis
One 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.
More

St. Vincent sports practice to fill vacant Clay Terrace big box

May 21, 2013
Scott Olson
St. Vincent Sports Performance will occupy a building in Clay Terrace originally occupied by Circuit City.
More

Developer planning $60M project near Ball State

May 10, 2013
Associated Press
Investment 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.
More

Developer shelves plan to buy city land, build Meijer

May 6, 2013
Scott Olson
Opus Development Corp.'s proposal for the project north of downtown included buying and bulldozing dozens of historic homes in the Flanner House neighborhood.
More
Page  << 1 2 3 4 5 6 7 8 9 10 >> 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
ADVERTISEMENT