Unauthorized demolition of historic home sparks lawsuit
Indiana Landmarks is going to court over the unauthorized demolition of a historic home in Fall Creek Place that likely was built in the 1890s.
Cory Schouten
Articles
Self-made developer, Castleton pioneer Peterson dies at 84
Howard C. Peterson, an enterprising bricklayer who went on to build a prolific development company that transformed Indianapolis' north side with massive office complexes, died Friday after a long illness. He was 84.
Loss of CBS affiliation slices $110M from Indy station’s value
How much value did the CBS network affiliation bring to WISH-TV Channel 8? About $110 million, if you believe the parent company’s calculation.
Residents of Packard condos settle suit with developer
Residents of downtown's The Packard condominiums have settled a two-year-old lawsuit with developer Kosene & Kosene Residential.
Church accuses JPMorgan of mismanagement, self-dealing
Christ Church Cathedral has filed a federal lawsuit against JPMorgan Chase, alleging the bank’s “intentional mismanagement” and “self-dealing” led to $13 million in losses in church trust accounts endowed in the 1970s by Eli Lilly Jr.
Second city Land Bank defendant pleads guilty
A second defendant in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty, and a judge has moved a trial for three remaining defendants to early 2015.
Duo creating waves in older Indy neighborhoods
A Realtor and builder are buying north-side homes to be overhauled and sold for big prices, dividing neighbors over the value of gentrification.
Defendant in Land Bank fraud case pleads guilty
One of five defendants in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty in a deal with federal prosecutors.
UPDATE: City reaches $160M deal with Pacers
The city's Capital Improvement Board will spend $160 million over 10 years on subsidy payments and stadium improvements for the Indiana Pacers in exchange for a lease extension through the 2023-2024 season.
$3.6M apartment project proposed for near-north side
Axia Urban and Near North Development Corp. are co-developing the project on North Meridian Street, which will feature a mix of affordable and market-rate units.
No-holds-barred tactics lifted developer Ozdemir
Ersal Ozdemir, who heads the development and construction firm Keystone Group, has charmed elected officials for years with big ideas—and hundreds of thousands of dollars in political contributions.
Analysis casts doubt on revenue projection for soccer stadium
The Indy Eleven soccer team would generate just $2 million to $4 million a year in ticket sales, a fraction of the $51 million that owner Ersal Ozdemir has estimated a new downtown stadium would generate including non-soccer events, according to an independent analysis.
Commission shoots down Broad Ripple office project
A pair of commercial real estate brokers had planned to invest $1.5 million in the 5,700-square-foot project, but the proposal received a chilly reception from the city’s Metropolitan Development Commission.
Courtroom drama features local names
Several of the top local business stories of 2013 involved legal battles with big-name participants.
Chase attaches name to downtown’s tallest building
At 48 stories, Chase Tower is downtown’s tallest building, making it hard to miss the bank’s moniker and logo that now adorn it.
How the Brizzi public-corruption case unraveled
Federal authorities suffered a near-complete defeat in their efforts to prosecute the players in an unusual real estate deal in Elkhart, a setback that ultimately scuttled an ambitious public-corruption case targeting former Marion County prosecutor Carl Brizzi.
Judge sentences attorney Page to probation, fine
Attorney and real estate developer Paul J. Page will serve two years of probation and pay a $10,000 fine for concealing the source of a $362,000 down payment on his purchase of a state-leased office building in Elkhart.