Northside office complex might fetch more than $40M
The three buildings near I-465 and North Meridian Street that make up Meridian Corporate Plaza were lost by Lauth Investment Properties LLC in its bankruptcy reorganization.
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Articles
RACE: It’s our turn to build an industrial legacy neighborhood
As the GM plant site is redeveloped, Indianapolis should learn from Cardiff’s mistakes.
BidPal, on a roll, doubles space
The world of philanthropy, where shoestring budgets dominate, is nonetheless proving lucrative for BidPal Inc., a 108-employee company led by tech veteran Scott Webber. The company saw revenue rocket from $1.8 million in 2010 to $10.2 million last year, making it the city’s second-fastest-growing private company, according to IBJ’s annual list.
A&E priorities for June 20-26
Stuck for something to do this weekend? Start with one of Indy’s most popular festivals and consider a concert among the critters.
Landmark NCAA player-likeness case set to get underway
Plaintiffs say the case, which heads to court Thursday, may reduce the $6.4 billion in annual revenue that universities get from athletics by as much as 50 percent.
Mortgage firm is fastest-growing private company
Stonegate Mortgage Corp. returns to the top 10 for a second year thanks to geographic expansion—it now does business in more than 30 states, up from 20 at the end of 2011—and a couple of significant transactions.
Vacant GM stamping plant to be demolished
The 2.1 million-square-foot plant, which sits on 102 acres near downtown, opened in 1930 and employed more than 5,000 at its peak. That number was fewer than 700 when it closed two years ago.
EDITORIAL: Learn right lessons from scandal
Predictably, just days after U.S. Attorney Joe Hogsett’s May 21 announcement that five people had been indicted in an alleged kickback scheme involving Indy Land Bank, the General Assembly announced it would make land-bank regulation the topic of a summer study committee.
NCAA overhauls bidding for championships
The NCAA is overhauling its event bidding format, and in June will bid out 500 championship events to be played over the next four years.
Westfield’s ‘Grand’ plans extend downtown, too
More than five years in the making, Westfield’s $20 million Grand Junction initiative is moving forward. Mayor Andy Cook said the project already is paying off.
City panel tables approval of new towing contract
The Indianapolis Board of Code Enforcement put off voting on a new citywide towing-management contract Thursday after members said they wanted more information about the bids from San Francisco-based AutoReturn and its local competitors.
High-profile developer chases Indy debut
Cleveland-based Forest City Enterprises Inc., developer of the 76-story New York by Gehry in New York City, is teaming with Keystone Group in its bid to redevelop a prime piece of downtown real estate where Market Square Arena once stood.
Feds charge 5 in Indy Land Bank kickback scheme
Federal prosecutors have charged two city employees in the Department of Metropolitan Development and three others in a scheme involving cash kickbacks on the sale of properties in the Indy Land Bank.
FBI searches City-County Building, makes multiple arrests in Land Bank probe
FBI agents on Tuesday morning conducted a warrant search at the Department of Metropolitan Development in the City-County Building, shortly after agents arrested multiple people, including city employees.
Wheels in motion to select developer of MSA site
City officials began interviewing candidates this week to redevelop a downtown parking lot where Market Square Arena once stood. The city last month received bids from six teams, the names of which have been provided by officials.
Demolition starts at old Indianapolis airport terminal
The terminal's four concourses and other structures built between 1954 and 1987 are all expected to be cleared by year's end.
Horizon Bank gains access to Mass Ave with building purchase
Michigan City-based Horizon Bank bought the two-story building at 302 N. Alabama St. for $1.5 million and is embarking on a “substantial” investment in the property.
Big Easy writer says Indy should drop ’18 Super Bowl bid
Within three weeks, Indianapolis should know whom it faces in its bid to host the 2018 Super Bowl. The bidding for the next three Super Bowls is bound to be competitive. And a little ugly.
Residents decry Fortville’s big annexation plans as land grab
Property owners southeast of Geist Reservoir are vowing to fight involuntary annexation of a 9-square-mile area by the town of Fortville, which would add $53.5 million to its property tax base.
Proposed Meijer store would displace historic homes
The retail chain Meijer hopes to build a store near 16th and Dr. Martin Luther King Jr. streets north of downtown as part of a mixed-use project by Opus Development Corp.