In an interview with IBJ, Kite Realty Group Trust CEO John Kite discusses the $1.2 billion acquisition of Illinois-based Inland Diversified Real Estate Trust, potential redevelopment of Pan Am Plaza and its hopes to keep a branch of the Indianapolis-Marion County Public Library at Glendale Town Center.
Since hospitals lose money on just about every patient except those with private insurance, they have been closing inner-city facilities and opening new facilities in the suburbs for the past four decades.
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
Indiana’s autism therapists say their prospects are cloudy after the state’s largest health insurer, Anthem Blue Cross and Blue Shield, cut payments 40 percent and took a harder line on paying for therapy for school-age children.
As IBJ was first to report on June 9, Mayor Greg Ballard is contemplating a new, 10-year contract with Covanta, which already is set to receive the city’s waste through 2018.
When crowds flock to Klipsch Music Center in Noblesville, nearby businesses notice—and hope to cash in.
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
The county south of Indianapolis was king of the suburbs in the 1970s, but now has fallen far behind Hamilton to the north in population and income, and in recent years slipped behind Hendricks County to the west.
The developer of a commercial project planned at State Road 37 and 146th Street is seeking a zoning change to add a 350-unit apartment complex to the mix.
The report says Indianapolis added an average of about 7,200 residents annually from 2010 to 2013, nearly twice its pace from 2000 to 2010.
Poverty is encroaching on the outer townships of Marion County, adding to their handicap in the competition with doughnut counties, where houses are newer, and sidewalks, sewer connections and bike paths come standard.
It’s difficult to imagine a chain Tex-Mex restaurant generating much excitement. But crowds are flocking to the Hamilton Town Center newcomer.
An Indianapolis suburb will begin the transition from the town to city this Tuesday, as voters in Fishers vote in its first municipal primary election.
After two false starts, Noblesville-based Grace Church is working on a deal to buy land for a satellite campus in Fishers.
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
After years of trying, mass transit advocates have finally steered a central Indiana transit bill through the General Assembly. It authorizes county councils and, in some cases, township boards to approve ballot referenda imposing up to a 0.25-percent transit income tax.
Coldwater Creek Inc., a 362-store women’s clothing chain that has four stores in Indianapolis-area malls, filed a Chapter 11 petition Friday to liquidate inventory in going-out-business sales to begin in time for Mother’s Day.
The locally based chain is opening restaurants to the west and north of Indianapolis, within a week’s time, while Mo’s is returning downtown in a restaurant rebranding.
A vacant Main Street storefront in Carmel’s Arts & Design District is set to be transformed into the tasting room for Napa Valley winery with local ties. Plus: local Thai and doughnuts, and chains galore.
