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Articles

Art News

March 15, 2012

The Indianapolis Museum of Art will receive $350,000 in fees for its curators’ work on behalf of The Alexander, the hotel being built at CityWay. Curators Lisa Freiman and Veronica Roberts have selected 24 contemporary artists to create work specifically for the hotel. Buckingham Cos. President Brad Chambers, whose firm is building CityWay, has served […]

CityWay hires IMA curators to populate new hotel with art

March 15, 2012

Curators have selected 24 contemporary artists to create work for hotel, to be known as The Alexander.

Art News

March 15, 2012

The Indianapolis Museum of Art will receive $350,000 in fees for its curators’ work on behalf of The Alexander, the hotel being built at CityWay. Curators Lisa Freiman and Veronica Roberts have selected 24 contemporary artists to create work specifically for the hotel. Buckingham Cos. President Brad Chambers, whose firm is building CityWay, has served […]

RIVERA: Indianapolis can become an education mecca

March 14, 2012

The critical element missing is an unparalleled market of educational opportunities. We can fix this.

Fuel prices wreak havoc on Republic Airways turnaround

March 8, 2012

If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.

Indianapolis bond bank chief Kintner is clutch hitter

March 7, 2012

Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.

Rolls-Royce plans $42M local investment, more jobs

March 6, 2012

Rolls-Royce Corp. plans to invest $42 million to set up a new manufacturing plant in Indianapolis and create 100 jobs by 2014, the company announced Tuesday morning.

Republic to cut Chautauqua costs to counter fuel prices

March 1, 2012

Republic Airways Holdings Inc. plans to seek reduced rates from aircraft lessors and vendors in order to cut expenses at its Chautauqua Airlines, where higher fuel prices have made the unit’s smaller jets too costly to operate.

Technology helps Ivy Tech marry new, old construction

February 22, 2012

3-D scans match former hospital with building plans.

Industrial spec development making a comeback

February 20, 2012

Speculative development is returning to the modern bulk industrial market after a four-year drought, with at least two projects preparing to break ground this spring and another in the works.

FEIGENBAUM: State not coming to grips with slide in gambling taxes

February 16, 2012

You might be surprised to learn that Indiana’s casinos have passed the $10 billion mark in wagering and admissions taxes paid to the state and their respective host cities.

Ameriplex development OK’d after ‘soap opera’ meeting

February 15, 2012

Over objections from Mayor Greg Ballard, the Indianapolis Airport Authority and Indy Park Ride & Fly, the city’s Metropolitan Development Commission gave the green light to a 31-acre, 3,700-spot parking lot in the Ameriplex development on the city’s west side.

IndyCar Series unveils four commercial deals

February 14, 2012

Agreements with Firestone, Discover, Lids and Fuzzy’s Ultra Premium Vodka are indicators the open-wheel race series is gaining speed, sports marketers said.

Leasing/leasing contracts

February 13, 2012

-Phoenix of Texas LLC leased 66,000 square feet of industrial space at Sugarland Business Park, 12630 West Airport Blvd. The tenant was represented by Rick Suja of Colliers International.  The landlord, Cobalt Industrial REIT, was represented by Cobalt’s Gray Bouchillon.

-Respiratory Partners Inc. renewed its lease and expanded to 7,200 square feet at 2461 Directors Row in Park Fletcher Business Center. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services. The tenant represented itself.

-Language Training Center renewed its lease for 5,932 square feet at 5750 Castle Creek Parkway. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, Friedman Real Estate Group Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-McAlister’s Deli leased 5,454 square feet at Cool Creek Commons, 2550 E. 146th St., Carmel.  The tenant was represented by Bill Talbott of The Talbott Group. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group.
 
-Best Buy Co. Inc. renewed its lease for 4,700 square feet of office space at Intech 11,  6625 Network Way. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Network Way Properties LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Watermark leased 4,410 square feet at 5875 Castle Creek Parkway. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate. The landlord, Friedman Real Estate Group Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Radiology Associates of Indianapolis leased 3,402 square feet at Indiana American 2, 533 E. County Line Road. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, Legan Property Management Inc., was represented by Tim Norton and Jeff Merritt of Summit Realty Group.

-Designer Floors of Indiana leased 3,200 square feet at Avon Station, 8100 E. US 36, Avon. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.

-Physiotherapy Associates Inc. renewed its lease for 3,054 square feet at Indiana American 4, 549 E. County Line Road. The landlord, Legan Property Management Inc. was represented by Tim Norton and Jeff Merritt of Summit Realty Group. The tenant represented itself.

-Starmaker Studio for Performing Arts leased 2,100 square feet of retail space at Decatur Depot, 5021 S. Kentucky Ave.  The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.

-American General leased 2,081 square feet of office space at 8604 Allisonville Road.  The tenant was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The landlord, Citimark Management Co. Inc. was represented by Citimark’s Brian Fitzgerald.

-Evita Salon & Spa leased 1,956 square feet at Hamilton Crossing Centre, 12201 N. Meridian St. The landlord, KRG Hamilton Crossing LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.

-Phoenix Personnel leased 1,600 square feet of retail space at Eagle Creek Shoppes, 4930 Lafayette Road. The tenant was represented by Joe Tarpey of Colliers International.  The landlord, Eagle Creek Shoppes Property Trust, was represented by Greg Smith of Colliers International.

-Marco’s Pizza leased 1,400 square feet at Green Street Square, 1521 N Green St., Brownsburg. The tenant was represented by Andrew Clifford of Clifford Realty. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate.

-Sports Clips leased 1,293 square feet at Hamilton Crossing Centre, 12201 N. Meridian St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, KRG Hamilton Crossing LLC, was represented by Andrew Hasbrook of Kite Realty Group.

-Shani’s Beauty & Eyebrow Arch leased 1,200 square feet of retail space at Eagle Creek Shoppes, 4930 Lafayette Road. The landlord, Eagle Creek Shoppes Property Trust, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.

IndyGo ridership way up during Super Bowl festivities

February 8, 2012

Passenger traffic on IndyGo buses rose nearly 40 percent during a 10-day span leading up to game, thanks to free rides on fixed routes during four of the days.

Local air-freight operator fined $1M for security violation

February 8, 2012

OHL Solutions Inc. will pay a $1 million fine for shirking its duty to screen for explosives cargo bound for passenger planes at Indianapolis International Airport, U.S. Attorney Joe Hogsett announced Wednesday morning.

N.Y., New Orleans eyeing Indy’s Super Bowl playbook

February 3, 2012

Indianapolis, which is being noted as the cleanest and friendliest Super Bowl site, is being called a "hard act to follow" by future host cities.

Landing another Super Bowl might not be such a long shot after all

February 2, 2012

Talk of bringing another Super Bowl to Indianapolis began soon after week-long festivities kicked off for the 2012 game, but city leaders will have to find a way to generate more revenue for the NFL and its 32 team owners for Indianapolis to muscle its way into a regular Super Bowl rotation.

Travel club startup patterned after Ambassadair trying to raise $5 million

February 2, 2012

A former employee of Ambassadair travel club is trying to raise $5.3 million to finance the first six months of a business created in its image.

McNAMAR: I love Indy, but not the public transit system

February 2, 2012

I would like to commute by bus—I can’t. I work in Carmel, but IndyGo does not go beyond 96th Street.

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