Carmel-based real estate firm acquires Pan Am Tower
Lauth Group bought the downtown building from longtime owner Coastal Partners LLC. It plans to renovate portions of the tower.
Mickey Shuey
Articles
Local merchandiser MainGate lands deal with NASCAR track owner ISC
Indianapolis-based retail merchandiser MainGate has inked an exclusive deal with the owner and manager of numerous NASCAR tracks, including Daytona and Talladega, to provide licensed gear and set up a new web store.
Chatham Arch residential project set to move forward after legal battle
The Indiana Supreme Court declined to consider a case that was delaying the proposed redevelopment of the 800 block of North East Street. The project includes more than 50 condominiums, retail space, townhouses and single-family homes.
After years of effort, 16 Tech innovation district finally starting construction
Developers of 16 Tech—a consortium of offices, laboratories, housing and retail space—believe the campus will become a powerful economic engine by fostering collaboration and innovation.
North-side office buildings sell for $17M
The two properties straddling the Castleton and Lake Clearwater areas recently received slick updates from their previous owner.
Neighbors of Mile Square apartment project satisfied with bigger, reconfigured plans
The proposed development at 421 N. Pennsylvania St. has undergone extensive changes since this spring, including rising from seven to 11 stories.
Big Ten football title game draws second-largest crowd in 7 years
The spectators on hand for Ohio State’s 45-24 defeat of Northwestern at Lucas Oil Stadium inched past last year’s game attendance by about 500 people, but fell short of a complete sellout.
Local apartment brokerage Tikijian Associates bought by Cushman & Wakefield
George Tikijian, who founded the company in 2005, said the deal was finalized Thursday following several months of internal deliberation.
Tourism officials expect another big impact from Big Ten Football Championship Game
Tourism bureau Visit Indy has spent about $60,000 on advertising over the past two weeks targeting Ohio State and Northwestern fans in Columbus, Ohio, and Chicago.
Metro apartment boom continues as rents keep rising
Apartment rent is on the rise in Indianapolis, thanks in large part to the area’s boom in new multifamily developments—and updates to old ones.
Coil Apartments in Broad Ripple sold for more than $40 million
A Chicago-based private-equity firm acquired the grocery-anchored 151-unit complex from a partnership consisting of developers Browning Investments and Sheehan Construction Co.
Vote postponed on controversial Broad Ripple apartment project
The developer of a proposed 164-unit apartment complex in the heart of Broad Ripple said it would consider going back to the drawing board in an effort to get the blessing of some area residents who have concerns about the project.
Developer spending $15M to build senior villas on 86th Street
A senior housing community east of the St. Vincent Hospital campus is expected to undergo a major expansion over the next year that will add several dozen independent-living residences.
Q&A: Scannell plans expansion into European markets
Robert Scannell, 66, founded Scannell Properties in 1990, following his departure from Duke Realty the same year.
Butcher, brewery team up for retail, lounge combo on College Avenue
Columbus-based Savory Swine and Indianapolis’ Cannon Ball Brewing Co. are collaborating on a plan to occupy the century-old downtown building that formerly housed 501 Tavern.
Upland Brewing plans expansion of College Avenue tasting room with eatery
The watering hole will take over the former Open Society Public House restaurant space next door, with plans to debut the addition and a seasonal menu just before year’s end.
Zeller buys downtown office complex for $63M, plans amenity upgrades
The Chicago-based real estate firm intends to use the same strategy with Capital Center that it employed in refreshing Market Tower.
Developer in downtown hotel project sues bank in rift over relocating branch
Loftus Robinson plans to transform the 16-story tower into a 130-room Kimpton-brand hotel. But it says it has hit a snag with moving Centier Bank from the ground floor.
Town of Speedway buys PNC building to renovate for new government center
The town of Speedway said it will use the 40,000-square-foot building to centralize some of its existing offices, which are spread across several nearby buildings.
Funeral home company acquires west-side industrial building
Flanner Buchanan, an Indianapolis-based company with more than a dozen funeral home locations in central Indiana, recently acquired the 32,000-square-foot building near the Riverside area.