Indianapolis Business Journal

DEC. 22-28, 2023

The plan to draft Hendricks Commercial Properties for the  redevelopment of struggling Circle Centre Mall was hatched in mid-2022 in hopes of breathing new life into the site. Reporter Mickey Shuey, who broke the story about the final deal, has all of the details behind the planned $600 million overhaul. Also in this week's issue, Daniel Bradley asks Jim Brainard to reflect on his 28 transformative years as Carmel's mayor. And Susan Orr reports that the founder of a real estate company with seven Indianapolis-area retail properties totaling nearly 500,000 square feet is facing federal allegations that he committed a $35 million fraud.

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SEC accuses retail centers’ owner of fraud

The founder of an Arizona real estate company with scores of retail centers across the country—including seven in the Indianapolis area with a total of nearly 500,000 square feet—is facing federal allegations that he committed a $35 million fraud.

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Indiana 250: Craig Huse

Craig Huse is leading his family’s business as it transitions from an organization built around its highly regarded downtown restaurant, St. Elmo Steak House, into a regional restaurant operator and specialty food and beverage retailer. Its third 1933 Lounge is under development, joining three Indianapolis Harry & Izzy locations and the HC in Fishers. Expansion […]

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Made in Indiana: Chevrolet Silverado pickup trucks by General Motors

History: The Chevrolet Silverado, the second-most-popular pickup truck in America last year, is made at General Motors Co.’s Fort Wayne Assembly Plant. The 3-million-square-foot facility was built in 1986 and today employs nearly 4,000 people.  GM has invested $1.2 billion in the plant, which recently celebrated manufacturing its 10 millionth truck. In June, GM announced […]

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