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Retail Development
Tanger buys outlet center from Simon Property
June 28, 2011
Associated PressTanger Factory Outlet Centers Inc. said Tuesday it bought an Ohio outlet shopping center from Indianapolis-based Simon Property
Group Inc. for $134 million.
More$100M 'Bridges' project in Carmel wins approval
June 21, 2011
Cory SchoutenA proposal for a roughly $100 million mix of retail, office and apartments along Springmill Road south of 116th Street was
OK'd Monday night by the Carmel City Council after numerous concessions.
MoreReport paints brighter picture for retail
June 14, 2011
Tom HartonThe real estate investment firm Marcus & Millichap says vacancy rates and tenant concessions in Indianapolis are falling
while rents and sale prices are poised to rise.
MoreVeritas Realty owner sells stake to partner
May 24, 2011
Cory SchoutenVeteran developer Danny Marr has sold his stake in Indianapolis-based Veritas Realty to a partner and plans to work as a residential
real estate agent in Florida.
MoreFountain Square project to include concert venue
May 17, 2011
Tom HartonThe new owner of a 110-year-old building in the heart of Fountain Square is planning a renovation and expansion that will
turn it into a restaurant, bar and 450-seat music hall called Pioneer.
MoreRetail, eateries planned for Keystone office area
May 14, 2011
Cory SchoutenA local developer’s $12 million project is transforming a four-story office building and five acres of surface parking
lots adjacent to The Fashion Mall at Keystone into a new retail and restaurant destination.
MorePop-up retailers emerging in Indianapolis
April 16, 2011
Marc D. AllanWith the retail vacancy rate hovering around 13 percent locally and nationally, temporary retailers are becoming a fact of
life in malls, strip malls and downtowns around the country.
MoreAmusement center set for Clearwater area
April 15, 2011
Cory SchoutenAn entertainment venue featuring a bowling alley, concert hall and restaurant is set to replace a vacant movie theater.
MoreRetail REIT profits may slip on store bankruptcies
April 11, 2011
Associated PressRetailer bankruptcies likely will weigh on earnings of retail landlords, especially those that own shopping centers and mid-quality
malls, an analyst said. But upscale mall owners like Simon Property Group should feel a smaller impact.
MoreSimon CEO compensation jumps to $24.6 million
April 8, 2011
Bloomberg NewsSimon Property Group Inc.’s board is working on a long-term employment agreement with Chairman and CEO David Simon,
whose compensation rose more than fivefold last year.
MoreBank seeks foreclosure on two strip centers
April 8, 2011
First Financial Bank in Ohio is asking a Marion Superior Court judge to appoint a receiver for Woodland Shops on the city's
northwest side and Lakewood Shops on the northeast side.
MoreCity sells North of South bonds, locks in 5.2-percent rate
April 2, 2011
The city of Indianapolis went to the bond market last month to sell $97 million in debt for the $155 million North of South
hotel and retail project near the Eli Lilly and Co. campus.
MoreWhitestown interchange lands $8M travel plaza
March 29, 2011
Cory SchoutenA growing distribution hub anchored by Amazon.com and MedcoHealth Solutions along Interstate 65 in Boone County has inspired
plans for an $8 million truck stop and travel plaza.
MoreAltum’s staying put at current west Carmel location
March 23, 2011
Scott OlsonThe nursery on Michigan Road had planned to move to a smaller piece of land about four miles north, but hasn't found a buyer.
Kroger nixed a deal to buy its property last fall.
MoreRetail/office building planned for site at Fort Ben
March 19, 2011
Tom HartonSpeculative development is almost unheard of these days, but the Fort Harrison Reuse Authority is taking the plunge.
MoreOffice/retail building planned for Fort Ben
March 15, 2011
Tom HartonSpeculative development is almost unheard of these days, but the Fort Harrison Reuse Authority is taking the plunge as it
works toward breaking ground this year on what it expects will be a 45,000-square-foot building geared toward retail and office
tenants.
MoreVolunteers market growing retail space along East 10th
March 8, 2011
Francesca JaroszSix projects with more than 25,000 square feet of space will be completed this year and in 2012 along the 10th Street corridor,
which runs from near Rural Street east to Sherman Drive.
MoreBrowning set to start retail project; another in works
March 8, 2011
Tom HartonBrowning Investments is close to breaking ground on a small retail strip center on West 86th Street in front of St. Vincent
Hospital and is in the early stages of planning a larger retail center at 131st and Meridian streets.
MoreDevelopers need Greenwood's OK for disputed land
February 25, 2011
Kathleen McLaughlinNow that the Indiana Supreme Court has settled the lengthy Greenwood-Bargersville annexation battle, developer Mike Duke is
ready to build on a 60-acre tract in the heart of the disputed territory.
MoreDuke Realty sells offices in shift toward industrial
February 19, 2011
Scott OlsonStrategy also calls for greater Southeast presence, less investment in the Midwest.
MoreCastleton Plaza seeks bankruptcy reorganization
February 18, 2011
Scott OlsonShopping center on East 82nd Street lists nearly $10.4 million in liabilities and about $7.6 million in assets. The Chapter
11 filing follows a request to foreclose on the property from the center's lender.
MoreEntrepreneurs plan microbrewery for Fountain Square
February 9, 2011
Kathleen McLaughlinA group of entrepreneurs plans to open Fountain Square Brewing Co., possibly this summer, in a former carburetor-repair shop.
MoreSimon Property's quarterly profit rises on improving retail sales
February 4, 2011
IBJ Staff and Bloomberg NewsEarnings for the Indianapolis-based shopping mall owner increased to $217.9 million in the fourth quarter, up from $91.5 million
in the fourth quarter of 2009. Funds from operations, a key measurement used by real estate investment trusts, also improved.
MoreRitter’s Frozen Custard franchisees reopening stores
January 25, 2011
Scott OlsonAs a new owner revamps the Ritter's business plan, at least four of the frozen custard stands in the area have either opened
or are set to reopen in the same locations where they previously operated.
MoreBrenwick turns over commercial sales, leasing at Village of West Clay
January 25, 2011
Tom HartonAmbrose Property Group, a commercial leasing and development company headed by former Duke Realty Corp. broker Aasif Bade,
took over for Brenwick, which is primarily a residential developer, at the beginning of the year.
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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!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.