Community, Westview hospitals in ‘strategic alliance’ talks
The form an alliance would take is not clear, but Westview looked for additional resources from city’s four major hospital systems.
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Construction
-Alt Construction has started a 12,000-square-foot tenant build-out for Marion County Traffic Court at 8115 E. Washington St. The project is scheduled to be completed next month.
-Alt Construction has started a 12,500-square-foot tenant build-out for Planet Fitness at 8811 Hardegan St. The project is scheduled to be completed next month.
-Kort Builders has started a 3,000-square-foot restaurant addition for Ale Emporium at 8617 Allisonville Road.
-Shamrock Builders-Commercial has started construction of a new dental office for Dr. Kevin Toole at 480 E. Northfield Drive, Suite 400. The 1,740-square-foot office is to be completed by Jan. 15.
Small-business lending rises 30 percent in Indiana
The amount of money banks loaned through U.S. Small Business Administration programs shot up close to 30 percent in Indiana this year, a sign that the state’s small businesses—including Pat Wolfred’s CCA Inc.—have started coming back to life.
Funding biggest obstacle for proposed regional transit system
Scaled-back transit plan, which includes rail line from downtown to Noblesville and Franklin, is projected to cost $2.4 billion, with local taxpayers picking up about half the amount. Funding would need to be approved through county referendums, however.
School referendums voted down in several districts
Voters shot down school referendums in several central Indiana districts Tuesday, including Zionsville, Anderson, Center Grove, Mount Vernon, Shelby County and Elwood.
Numerous school referendums face decision time
In central Indiana, the Hamilton Southeastern and Lebanon school districts want more money to build schools or renovate existing ones, while Zionsville School Corp. is seeking additional funding for operating expenses.
Greenfield apartment market heats up with sales, development activity
The Hancock County community is drawing interest because of recent hiring in the area and a strong population of seniors.
Indiana will spend $77 million to reduce impact of new I-69
Environmentalists not impressed, say state is doing the minimum to comply with federal law.
Rushville broadband firm sued by companies it acquired
Omnicity Corp. is named in three lawsuits brought by owners of companies the firm bought who say they’ve not been paid the entire purchase price. All told, they claim they’re owed more than $1.2 million.
Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Farmland sales go flat in suburban Indianapolis
The real estate bust and a drought in transactions make values all but impossible to gauge.
Leasing/leasing contracts
-First Industrial Realty Trust has appointed Brian Seitz, Steve Schwegman, Jake Sturman and Brian Buschuk of Jones Lang LaSalle as exclusive leasing agents for Brookville Business Park, a six-warehouse complex totaling 475,336 square feet at 1345 Brookville Way.
-Pitney Bowes/Government Solutions renewed its lease for 161,133 square feet at 2800 Airwest Blvd., Plainfield. The tenant was represented by Andrew Morris of Summit Realty Group. The landlord, DCT Industrial Trust Inc., was represented by Jeremy Woods of Summit.
-Planet Fitness leased 14,055 square feet of retail space in the Shoppes at County Line, 8811 Hardegan St. The tenant was represented by Scot Courtney and Bart Jackson of Lee & Associates. The landlord, Gateway Arthur Inc., was represented by Robyn Smart of CB Richard Ellis.
-Feldco leased 9,480 square feet of industrial space at 8818 Corporation Drive. The tenant was represented by Kevin Vernick of Vernick & Associates. The landlord, Westminster Northeast LLC, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley.
-Management Information Systems leased 4,808 square feet in Park 100, 5856 W. 74th St. The tenant was represented by Nick Arterburn of CB Richard Ellis. The landlord, Park Creek Venture, was represented by Glenn Davis of Duke Realty.
-Progressive Vision leased 4,410 square feet at Clearwater Crossing, 3800 E. 82nd St. The tenant was represented by Ryan Zickler of Zickler Associates LLC. The landlord, Broadbent Cos., was represented by Broadbent’s John Beuoy.
-Foot Euphoria leased 2,100 square feet at Castleton Plaza, 6300 E. 82nd St. The landlord, Broadbent Cos., was represented by Brian Broadbent. The tenant represented itself.
-Reith-Riley Construction leased 1,200 square feet at Lafayette Place Shopping Center, 3651 Commercial Drive. The landlord, Sandor Development Co., was represented by Sandor’s Jamison Downs and John Holloway. The tenant represented itself.
-Maxx Taxx leased 1,120 square feet at Eagledale Plaza, 2802 Lafayette Road. The landlord, Sandor Development Co., was represented by Sandor’s Jamison Downs and John Holloway. The tenant represented itself.
-EmbroidMe leased 1,100 square feet at Castleton Point, 5305 E. 82nd St. The tenant was represented by George Crawford of Meridian Real Estate. The landlord, Broadbent Cos., was represented by Broadbent’s John Beuoy.
-Solo Diagnostics renewed its lease for 280 square feet in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-Wise Brothers Inc. leased 210 square feet of office space in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
Glicks changing charitable approach
After pledging $62 million for a series of high-profile capital projects in and around Indianapolis, Eugene and Marilyn Glick’s charitable foundations are changing directions, making programs and services their top priority.
Zionsville galleries watching Carmel arts district
Zionsville gallery owners are stepping up their collective marketing efforts as Carmel’s Arts and Design District has landed a new wave of artists and gallery owners over the past five months.
City pitching in $38M for $192M Clarian project
The city is kicking in up to $38 million for infrastructure upgrades to support a massive expansion of the Clarian Health campus at 16th Street and Capitol Avenue.
Construction
-Shamrock Builders-Commercial has finished an 18,000-square-foot building for Laughlin’s Northwestern Mutual Life at 9759 Crosspoint Drive.
-Kort Builders has finished a 3,000-square-foot restaurant space for Dunkin Donuts at 5620 Michigan Road.
-Kort Builders has finished a 2,600-square-foot office space for Chyten Learning Center at 2454 E. 116th St., Carmel.
WILLIAMS: Rebuilding a sustainable Indianapolis
Rather than simply building and repairing streets, sidewalks, bridges and parks, ratepayers and taxpayers should demand that these projects set standards for construction in Indianapolis by reusing or recycling materials, using environmentally friendly products, and designing public spaces to encourage physical activity.
Construction
DeVere/FCC LLC, a joint venture of DeVere Construction Co. Inc. and Flaherty & Collins Construction Inc., has started construction of the $25.5 million second phase of The Boulevard Apartments. The 213-unit complex is being built on 8.94 acres in the 1,700-acre Anson mixed-use development near Interstate 65 and State Road 334.