In some strange way, Indianapolis may have Raiders owner Al Davis to thank for having the winningest team this decade.
Some people still ask why L.A. didn’t lasso the Colts when it had the chance.
Dubbed the “Indiana Experience,” the exhibits represent the first ticketed tourist attraction at the society’s headquarters building.
Florida-based Sun Capital has completed the turnaround of Marsh Supermarkets and now is seeking a buyer
for the home-grown chain. CEO Frank Lazaran told IBJ Sun will sell Marsh “when the market is right, financing
is right, and
someone is willing to pay a fair multiple.”
City Market has agreed to forgive Constantino’s $27,000 in unpaid rent if the meat and produce stand shuts down by Dec.
24.
-Capitol Construction Services Inc., Fishers, has started a 5,254-square-foot tenant build-out for Encore-Sotheby’s
International Realty at 9510 N. Meridian St. The project is scheduled to be completed Jan. 8.
-D.B. Klain Builders
LLC, Carmel, recently completed tenant interior renovations of 5,253-square-feet of office space at 4005 Vincennes Road. The
space is occupied by Pillow Express Logistics.
-D.B. Klain Builders LLC, Carmel, recently completed tenant build
out of a1,750-square-foot office space located at 1007 3rd Ave., SW, Carmel. The space is occupied by Comm Works.
Mayor Greg Ballard can’t have it both ways with City Market.
An IBJ review of hundreds of pages of public records shows Christopher P. White and his Premier
Properties USA Inc. are facing major financial and legal challenges. The most glaring signs of trouble: Contractors have filed
more than $3.5 million in liens against Premier’s retail properties in Plainfield; the state of Indiana is trying to
recover $375,000 in sales taxes on White’s airplane; and the contractor who renovated his Lake Clearwater mansion
is suing him to recover more than $600,000 in unpaid bills.
Norwegian electric car maker Think Global will locate its U.S. manufacturing facility in Indiana, Reuters reported Tuesday,
citing information from a major investor in the company.
-Hagerman Inc. has been named general contractor and MD Architects PC is the designer of a $1 million expansion and renovation of Bangs Laboratories, 9025 Technology Drive, Fishers. The project, which will add 7,500 square feet, is to begin this month and be completed by April.
-Alt Construction has started work on a 3,000-square-foot tenant build-out for Optimal Wellness at 4545 Northwestern Drive, Fishers. The project is scheduled to be completed by the end of this month.
-Alt Construction is finishing a 2,210-square-foot tenant build-out for Dr. Adam W. Brazus at 8433 Harcourt Road.
The cash-strapped, half-vacant City Market is playing legal hardball with five current or former tenants that are behind
on rent, a move that’s led to the imminent eviction of Constantino’s Market Place.
New York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
Approaching the end of 2009, Indianapolis’ cash-strapped Capital Improvement Board is on much more solid financial footing.
Indiana voters seem willing to pay more in property taxes to help school districts cover operating costs. The results of last
week’s referendums, however, continue the trend against supporting plans for bigger, better schools during tough economic
times.
J. Greg Allen sees the $14 million Allen Plaza renovation as a message to city leaders that he intends to leave
a lasting mark on downtown.
Board president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until
2013 for major renovation.
-TMG Construction Management Inc., Noblesville, will begin construction next week of a new town hall for the town of Trafalgar.
The project, which includes a 1,000-square-foot expansion and 3,400-square-foot renovation of existing space, is scheduled
to be complete by the end of January.
-TMG Construction Management Inc. has completed a 1,500-square-foot renovation
for Indy Laser Hair Removal at 55 S. Raceway Road.
Tuesday’s vote will determine if Marion County Health & Hospital Corp. can sell up to $703 million in taxpayer-backed bonds
to replace the county-owned hospital.
Historic preservation groups are fighting to save a 1914 church at the northeast corner of Washington Street and German Church
Road in Cumberland. The congregation of St. John United Church of Christ has been working on plans to build a new church on
Carroll Road and struck a deal to sell the old one to a developer. The plans are rumored to include demolition
to make way for a CVS store.
The owner of the vacant former Fall Creek YMCA along West 10th Street is seeking bidders interested in tearing down the building
and redeveloping the prime 2-acre site.
