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Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

February 20, 2006

DataSmith Technologies owner James Smith started looking almost two years ago for a building to house his business, his home and possibly a revenue-generating tenant. What he ended up with was a dilapidated former bar on a struggling section of East 10th Street that had become a haven for vagrants. Smith took a chance on the building at 2032 E. 10th St., most recently home to Mustang Sally’s tavern, largely because of the involvement of the East 10th Street Civic…

New FBI facility: tough case to crack: Government struggling to find site to build field office for bureau

February 20, 2006

The highly-sought-after job of developing a new building for the FBI’s Indianapolis field office is still in play, but it’s hampered by the federal government’s inability to find a site for the building. A bevy of local and national developers are expected to throw their hats in the ring to develop the building, which the Government Services Agency says needs to be 110,000 square feet. For the winner, it would be a high-profile project and one of the more significant…

Livable cities? Carmel ‘gets it’: Gramercy, other projects will keep city on a roll

February 27, 2006

Carmel housewife jokes went out of style years ago, but Indy’s wealthy neighbor to the north still takes plenty of heat for being uptight and plain vanilla. Too bad, because Carmel’s recent past demonstrates it’s no soulless suburb. Buckingham Properties’ proposed Gramercy development is the latest sign that Carmel’s leadership knows a thing or two about creating a livable city-even if some of its residents don’t. The Gramercy project, profiled in last week’s IBJ, drew more opposition than support at…

Indiana Avenue looks for revival: Cultural plan: stresses retail, residential growth, and a possible extension

April 3, 2006

Indiana Avenue looks for revival Cultural plan stresses retail, residential growth, and a possible extension Indiana Avenue’s glory days as a haven for black-owned businesses and vibrant nightclubs exists only in the history books. But a plan to revitalize the city’s newest cultural district could restore some of the luster. City leaders completed the blueprint for redevelopment early this year and now are in the early stages of executing a plan that organizers say could take 20 years to play…

Longtime developer undergoes changes: Shopping centers prove fruitful for Zinkan & Barker

April 24, 2006

Stephen Zinkan is one persistent fellow. The veteran real estate developer began knocking on the door of Cincinnati-based The Kroger Co. in the early 1990s, in an attempt to build his firm’s portfolio. He and Kelly Flynn had founded Flynn & Zinkan Realty Co. in the early 1980s and carved a niche developing groceryanchored shopping centers. Amid the rejections, Zinkan, 56, implored Kroger to give him its toughest assignment. The corporation relented and handed him property at 71st Street and…

TOM HARTON Commentary: Infield hero crashes corporate suite

April 24, 2006

Gene Simmons, the blood-spitting “demon of Kiss,” has been hired to make the Indy Racing League and the Indianapolis 500 a hot commodity again. Sounds like a stoner’s dream. Black T-shirts with the iconic Kiss logo were everywhere in the beersoaked, weed-perfumed infield of the 1970s and early 1980s. Some of those shirts were on people walking upright. Others were very publicly removed and some covered the limp bodies of those who’d overindulged. Mud, sweat, sun, booze, bongs and Coppertone….

Real estate experts examine the market: Indianapolis in good shape overall, panelists say, but job growth, incentive issues, among concerns

April 24, 2006

On April 14, as part of its Power Breakfast Series, the Indianapolis Business Journal gathered a panel of commercial real estate and construction experts to discuss industry conditions in the local market. In a discussion moderated by IBJ Editor Tom Harton, panelists took on a wide range of issues, including tax incentives and the status of downtown’s residential and retail markets. Power Breakfast guests were Mike Curless, executive vice president and principal with Lauth Property Group; Mike Wells, president of…

Timing is everything in the fuel-savings game: INDOT to synchronize signals in more area brake zones

May 8, 2006

State transportation engineers, having just tweaked traffic-light timing to improve flow on U.S. 31 in Carmel, next plan to target three other busy corridors in the metro area. They include U.S. 31 on the south side, between Interstate 465 and County Road 750N, and the increasingly congested stretch of State Road 37 between State Road 238 and Cumberland Road in Noblesville. The improvements to be conducted over the next several months can’t come fast enough for motorists weary of the…

Kroger shops for land: Grocer gathering property for full-size downtown store

June 12, 2006

Downtown residents might finally get their second full-service grocery store. Cincinnati-based Kroger Co. has purchased an acre of land immediately west of its store near the intersection of 16th Street and Central Avenue in hopes of razing the existing store and replacing it with a new, and much larger, grocery. “We would like to build a brand new store that incorporates all of the amenities that [we] have at our newer stores,” said Jeff Golc, a Kroger spokesman. Neighbors are…

Diving for Dollars: Carmel water park looks to make splash by soaking up naming-rights deals

June 12, 2006

Carmel water park looks to make splash by soaking up naming-rights deals Carmel Clay Parks and Recreation has a novel business plan for the $55 million Monon Center at Central Park project that includes selling sponsorships and naming rights for its 10-acre water park and other attractions, possibly even for the entire venue. The mammoth development-which will feature meeting space along with sports facilities, including the water park and fishing lagoons-is under construction and won’t open for nine months. But the…

SPORTS: High school hoops border war reduced to a scuffle

June 19, 2006

Often, when I’m asked to give talks reflecting on the success of the sports initiative in Indianapolis, I use summertime as an illustration. Back in the old days-and you know you’re getting old when “old days” refer to anything pre-1970-Indy’s June-July-August sports menu could pretty much be written on a single page and in large type. Once the Indianapolis 500 came and went on Memorial Day, about the only thing to do was wait for the start of college and…

SPORTS: From ticket manager to ‘Mr. Baseball’ in 50 years

June 26, 2006

Not surprisingly, Indianapolis Indians President Max Schumacher and Victory Field, his own field of dreams, have something in common. Neither Max nor the ballpark looks anywhere close to their age. And by the happy coincidence of timing, there will be a double celebration at that downtown beauty of a ballpark July 16. Recognition will be made of Victory Field’s 10th anniversary. Hard to believe, but it’s been a decade since that pristine night, July 11, 1996, when the gates flew…

Local equestrian show jumps into limelight: Only 2 years old, competition has grown into major event

July 3, 2006

In only its second year, a unique Indianapolis equestrian competition is gaining a following among equine enthusiasts well beyond Indiana. And organizers already are planning to expand the event into one of the nation’s largest hunter/jumper competitions. Craig Dobbs attracted nearly 400 horses to the inaugural Circle City Equestrian 500 last year, even though he began preparations only five months beforehand and had no marketing budget. This year, Dobbs said, more than 600 horses will compete at the show at…

TOM HARTON Commentary: Driving the distance for the basics

July 17, 2006

I recently called my doctor’s office hoping he could squeeze me in to diagnose a minor, but annoying, health problem. His nurse informed me I wouldn’t be able to get an appointment for at least three days. She suggested I go to an immediate-care facility if I needed attention right away. I was surprised the doctor couldn’t see me, but I appreciated the nurse’s candor. She knew better than to cheerfully suggest an appointment days in the future, by which…

Developers eye extension for opportunities: Four-mile link of 146th Street from S.R. 37 to I-69 in Noblesville will turn road into important thoroughfare

August 14, 2006

A commercial corridor brimming with office buildings, similar to the one along U.S. 31 in Carmel, is what Noblesville city planners envision for the 146th Street extension from State Road 37 to Interstate 69. Ground is expected to be broken this fall on the four-mile extension, which will make the street a major east-west thoroughfare through the south side of Noblesville if finished as planned in October 2007. The street is already a busy route across much of Hamilton County,…

Dispute over retail at Hamilton Proper boils over: Some homeowners bucking HDG Mansur management

August 14, 2006

Tensions between the developer of Hamilton Proper and some of its homeowners spilled into public view at the Fishers Town Council meeting Aug. 7, with the council president becoming so agitated he broke his gavel. Another councilor, Charles White, opened the meeting by complaining about the council’s July 17 decision to reject an application by HDG Mansur, the developer of Hamilton Proper, to build an 11-acre retail project on the periphery of the subdivision. White had been absent for that…

Student sponsorship deal raises money, criticism

September 11, 2006

The Indianapolis office of Zurich-based UBS Financial Services Inc. is experimenting with “adopting” the freshman class at Herron High School as the UBS Scholars of 2010. Its foundation made a $100,000 gift to the startup charter school, and local employees made a commitment to tutor, mentor and otherwise support its first 92 students.

Clarian North’s slow launch doesn’t bother bond analysts

September 18, 2006

Clarian North Medical Center has stumbled out of the gate, with the Carmel hospital reporting losses in its first six months of operation that “well exceed” expectations, a new report says.

Developer has big plans for long-vacant drive-in: N.Y. firm has 93-acre Lawrence site under contract

September 25, 2006

A 93-acre former drive-in south of the former Fort Benjamin Harrison has sat vacant since the theater closed in 1993. But now a Rochester, N.Y., developer has agreed to buy the property and envisions building retail space plus either a light-industrial business park or a medical campus. If it comes to pass, the large development could kick-start Lawrence’s efforts to revitalize struggling portions of Pendleton Pike. Norry Management Corp. has had the land under contract since spring and is preparing…

Century-old landmark building gets new life as condos: Former Ashantii Ballroom renovated into 11 units

November 6, 2006

He lived in the south Broad Ripple house 11 years, rented it out for another 11, then sold it for three times what he paid for it. Today, McMichael, 43, owns a dozen rental properties around Indianapolis, plus the well-known Rathskeller Restaurant downtown. And recently he’s turned his real estate eye to 16th and Alabama streets where he’s converting the former Ashantii Ballroom into luxury condominiums. “I learned years ago with that first house the power of real estate,” Michael…

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1,433 results for '16th street'

Articles

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

New FBI facility: tough case to crack: Government struggling to find site to build field office for bureau

Livable cities? Carmel ‘gets it’: Gramercy, other projects will keep city on a roll

Indiana Avenue looks for revival: Cultural plan: stresses retail, residential growth, and a possible extension

Longtime developer undergoes changes: Shopping centers prove fruitful for Zinkan & Barker

TOM HARTON Commentary: Infield hero crashes corporate suite

Real estate experts examine the market: Indianapolis in good shape overall, panelists say, but job growth, incentive issues, among concerns

Timing is everything in the fuel-savings game: INDOT to synchronize signals in more area brake zones

Kroger shops for land: Grocer gathering property for full-size downtown store

Diving for Dollars: Carmel water park looks to make splash by soaking up naming-rights deals

SPORTS: High school hoops border war reduced to a scuffle

SPORTS: From ticket manager to ‘Mr. Baseball’ in 50 years

Local equestrian show jumps into limelight: Only 2 years old, competition has grown into major event

TOM HARTON Commentary: Driving the distance for the basics

Developers eye extension for opportunities: Four-mile link of 146th Street from S.R. 37 to I-69 in Noblesville will turn road into important thoroughfare

Dispute over retail at Hamilton Proper boils over: Some homeowners bucking HDG Mansur management

Clarian North’s slow launch doesn’t bother bond analysts

Developer has big plans for long-vacant drive-in: N.Y. firm has 93-acre Lawrence site under contract

Century-old landmark building gets new life as condos: Former Ashantii Ballroom renovated into 11 units