City poised to offer $1.6M to acquire troubled Oaktree Apartments
The abandoned, 336-unit complex “presents considerable safety and security challenges” for its surrounding neighborhood, according to the city.
The abandoned, 336-unit complex “presents considerable safety and security challenges” for its surrounding neighborhood, according to the city.
Rockstone Investments, parent company of Bedrock Builders, would spend $4.3 million to construct 31,000 square feet of office space plus a 17,000-square-foot warehouse.
A City-County Council coup, Bren Simon’s big donation, direct flights to Paris and scooters were among the news IBJ covered in 2018.
Indianapolis-area homebuilders saw a surge in construction permits for new houses in November, marking the 14th straight month of year-over-year increases.
A story that provided a behind-the-scenes glimpse at the region’s efforts to lure Amazon’s HQ2 to Indianapolis topped the list.
There are school districts losing millions of dollars because of the tax caps.
Despite the disappointing closing month, 2018 turned out to be the busiest year for local builders in more than a decade.
As part of its effort to add redevelop its downtown, Greenwood is putting an unusual asset to use: a meandering minor waterway that in spots is not much wider than a drainage ditch.
An Indiana lawmaker's efforts to eliminate the state's child labor laws have raised conflict-of-interest concerns because he employs hundreds of minors at a ski resort.
In Indiana alone, there are more than 300 pending tax appeals involving big-box retailers. County leaders are seeking a statewide legislative fix.
The investor group behind Tap & Axe, which includes the founder of craft-focused Hoosier Brewing Co., expects to spend more than $500,000 in the end to buy and renovate its 109-year-old downtown location.
The omnibus alcohol bill authored by Rep. Ben Smaltz, R-Auburn, would also create a special alcohol permit for a planned food hall at the Bottleworks development on Massachusetts Avenue.
Most studies suggest that increased legal immigration will result in a positive impact on our economy.
One of the bills would give cities and towns another way to increase the number of alcohol permits available and would create a special food hall permit meant to benefit the $300 million Bottleworks development under construction in Indianapolis.
The number of wine wholesalers in Indiana has dwindled from hundreds to a couple of dozen. That has raised concerns for small wineries that might not produce enough wine to attract a major distributor.
The panel voted 9-3 to defeat a bill that would have given the Indiana Department of Environmental Management more authority to deny permits to huge farms known as “confined feeding operations.”
A slowdown in home construction that began in central Indiana in late 2018 continued into the new year.
Some immigration attorneys and those who hire specialized workers under the H-1B program say they’ve seen unprecedented disruptions in the approval process since President Donald Trump took office in 2017.
The first half of the legislative session was generally quiet (save an emotional debate about a hate-crimes bill) but that might just be the calm before the storm.
American Resources Corp., formed in 2015, specializes in buying distressed coal assets from struggling or bankrupt coal operators.