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    Mark McClelland

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Articles

Fire marshal: DiRimini lacks fire walls, sprinkler system

October 22, 2010

The state's fire marshal issued an emergency order Thursday barring occupancy of the DiRimini apartment project after the developer apparently continued to move in residents in defiance of city orders.

Armed man holds up gas station

October 21, 2010

Metro police are investigating an armed robbery of a northeast-side gas station.  Authorities received a hold up alarm about 3:15 a.m. Thursday from inside the Speedway gas station near 71st Street and Binford Boulevard. The clerk described the suspect to police as a black male, about 5 feet tall, dressed in all black, wearing a black bandana around his face and carrying a black semi-automatic hand gun. The suspect got away with an unknown amount of money and was last seen running toward Avalon Lakes Apartments across 71st Street.

Sales/acquisitions

October 18, 2010

-McCallan Properties LLC bought the 77-unit Eastgate Terrace Apartments, 7036 E. 10th St., for $1 million. The buyer was represented by Chad Stickley of Marcus & Millichap. The sellers, Jim and Pat Candler, were represented by Scott Pollom of Cassidy Turley.

-Clary Crossing Senior Villas LP bought 12.75 acres in The Enclave subdivision at Stones Crossing Road and State Road 135, Greenwood. The price wasn’t disclosed. The seller, Fifth Third Bank, and buyer were represented by Jim Shook, Jon Hardy and Andrew Schrage of Coldwell Banker Commercial.

-Hien Nguyen bought a former Bob Evans Restaurant building at 4760 W. 38th St. The price wasn’t disclosed. The buyer was represented by Mitchell Andrews of Andrews Realtors. The seller, Bob Evans Farms, was represented by Michael Cranfill of Sitehawk Retail Real Estate.

EDITORIAL: Judge North of South project on its merits

October 14, 2010

The city’s plan to provide an $86 million loan for the mixed-use North of South real estate development adjacent to the Eli Lilly and Co. campus has drawn criticism from those who think the city should focus first on other needs, such as IndyGo and public libraries.

Downtown praised for ‘livability’ but needs more residents

October 7, 2010

The past decade has seen roughly 5,000 more residents living downtown than in 2000, wooed by new condos and apartments within walking distance of growing retail and cultural attractions. There are now 25,000 downtown residents—but still a long way from the 40,000 city leaders want by the end of the next decade.

Man dies outside apartment building

October 7, 2010

A man found dead outside his Greenwood apartment Thursday morning by his mother may have died of a drug overdose. According to police, 24-year-old Cory Allen had recently been paroled from prison. Police say he had met with his parole officer Wednesday. Later that night, he was spotted out with friends. He was found against the side of a building at the Park Madison Apartments near Fry Road. Investigators said six people checked on him between 11 p.m. and 2 a.m., but assumed he was just asleep. An autopsy is scheduled for Friday.

Good News Ministries eyes using ex-motel to house homeless

October 6, 2010

Residents of Irvington are split over whether to support turning the former Indy East Motel into housing for homeless families.

Estridge scales back Symphony development in Westfield

October 5, 2010

The Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based home builder’s 436-acre Centennial development, also in Westfield.

Construction

October 4, 2010

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.

EDITORIAL: East 10th Street project can be repeated

September 30, 2010

When people see what’s happening on and near East 10th Street—and they will, thanks to the Super Bowl connection—they’ll see what’s possible and, we hope, join similar efforts.

Developer of senior housing buys big tract near Zionsville

September 27, 2010

Baptist Homes of Indiana Inc. closed Sept. 17 on 159 acres that encircle the Golf Club of Indiana.

Dolce hotel, YMCA part of city-funded ‘North of South’ development

September 27, 2010

The city plans to issue bonds and use tax-increment financing to fund the $150M project, which also will include 320 high-end apartments and 40,000 square feet of retail space. Construction should begin this year.

$150M ‘North of South’ project moving ahead

September 27, 2010

Officials are announcing details of an ambitious downtown development planned for 10 acres Eli Lilly and Co. owns near its Indianapolis headquarters. The project will include a hotel, apartments, restaurants and retail space and a YMCA.

REITs use stock sales to grow after paying debt

September 27, 2010

U.S. real estate investment trusts, including Indianapolis-based Duke Realty Corp., are selling shares to fund property acquisitions after using record cash from equity offerings last year to reduce debt and cover dividends.

IU: Quick action may have thwarted bed bug problem

September 23, 2010

Indiana University environmental health and safety director Mike Jenson says an employee at the IU Wells Library found one bed bug on a library wall Monday.

Tired-but-proud school buildings find new missions

September 22, 2010

More unneeded buildings are slated to be sold off by Indianapolis Public Schools, but creative people have turned other former schools into reuse gems.

Local building permits down again in August

September 21, 2010

The number of building permits filed in the nine-county metropolitan area dropped by 18 percent in August from the same time a year ago, falling from 354 to 290. The drop marks the third consecutive month permits have fallen.

Home construction jumps nationally

September 21, 2010

Housing starts are up 25 percent from their bottom in April 2009. But they remain 74 percent below their peak in January 2006.

Sales/acquisitions

September 20, 2010

-Van Rooy Properties bought Westminster Apartments, a 438-unit complex at 921 Parliament Place, Greenwood. The list price was $8.2 million. The buyer and the seller/receiver, Barrett Stokely on behalf of Midland Loan Services, were represented by Tikijian Associates.

-Jordan-Fishers LLC bought the 40,000-square-foot Village Square retail center at 11033-11361 Allisonville Road, Fishers. The price wasn’t disclosed. The buyer was represented by Keith Dedrick of Corporate Commercial Group. The seller, Huntington Bank, was represented by Kevin Broadrick of Marcus & Millichap.

Woman faces neglect charges in kids’ death

September 20, 2010

Authorities are holding a woman on preliminary neglect charges stemming from the deaths of two children whose bodies were found Sunday night in an Indianapolis apartment complex on the southwest side. Ebyan Farah, 28, faces two preliminary counts of neglect in the deaths at Manchester Village Apartments. A police spokesman could not immediately say what Farah’s relation was to the children. The cause of their deaths has not been released, but officials say that the children appeared to be malnourished. Fox59 will have more at 4 p.m.

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