Local firms team up to buy North Meridian office building
REI Real Estate Services LLC and Perennial Investments say that together they'll invest about $1 million in hopes of getting the office building at 550 Congressional Blvd. fully leased.
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Old Northside apartment projects reviving two buildings
Flock Real Estate Group is investing $1 million to refurbish side-by-side apartment buildings at the northeast corner of 13th and Alabama streets, and Englewood Group is spending $3.6 million to convert a former church across the street.
Specialty grocer on wish list for MSA development
Flaherty & Collins, the developer of the 28-story tower, “would love to have a Whole Foods” or similar grocer as a retail tenant. With one Marsh two blocks away and another under construction nearby, the project begs the question whether the area can support three groceries.
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.
Aging east-side shopping center to be redeveloped
A local developer has received city approval to rezone 10 acres at Fall Creek Parkway and East 56th Street as part of a plan to demolish a mostly vacant retail center and replace it with a 42,000-square-foot anchor grocery store and other shops.
BENNER: Victory Field hits baseball sweet spot for fans, old cronies
The Vic, which opened in 1996, looks as nice as it did on opening night.
Not-for-profits sold short
Restricting not-for-profits from the Fishers Interstate 69 corridor [June 10] ignores an organization’s impact on a community’s quality of life and focusing only on the bottom line.
16 Park set to officially open following last year’s fire
Insight Development Corp., the development arm of the Indianapolis Housing Agency, on Wednesday will officially open the $34 million apartment project about a year after fire destroyed one of the buildings.
Governments helped fuel nursing-facility developer’s rise
Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.
Indiana Landmarks nearing $25M fundraising goal
Preservation group Indiana Landmarks kicked off the public portion of its $25 million capital and endowment campaign Thursday evening, entering the homestretch of a fundraising effort that began in 2010.
Fishers, Noblesville put cuffs on charities to recoup tax revenue
Two growing Hamilton County communities looking to build their commercial tax base are taking steps to ensure land targeted for development doesn’t end up in the hands of organizations that don’t pay taxes.
Buckingham set to redevelop Carmel shopping center
The Carmel Marketplace on East Carmel Drive is directly south of the Mohawk Hills apartment complex, which Buckingham hopes to start redeveloping as part of its long-awaited Gramercy project late this year.
MACALLISTER: Stop, think before expanding transit
We continue to analyze, visualize and contemplate the expansion of an urban transit system for the Marion County area. All accept the blessing of reduced traffic during rush hours, but alas, to do so entails a cost-benefit ratio that might be troubling.
Scotty’s fishing for prime Hamilton County site
Local restaurateur Scott Wise hasn’t given up on Hamilton County. The Scotty’s Brewhouse founder said this week he has been evaluating potential sites for his growing family of restaurants—including a couple of options in Fishers.
Local runners snap up Fishers firm’s Boston tribute
Best known for a line of T-shirts inspired by ugly Christmas sweaters, upstart Fishers clothing company Vardagen got an unexpected spring boost from a design created to raise money for victims of last month’s Boston Marathon bombing.
Legislative roundup: Session yields mixed bag
The General Assembly’s work left some groups happy, some disappointed.
Stadium Lofts apartment project nears opening day
The unusual nature of the redevelopment and its location are driving strong leasing activity.
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.
Speedway’s Speed Zone redevelopment project in high gear
Some goals have been realized, while others are moving through the pipeline.
New lights only the beginning for Brickyard changes
Everything is on the table for consideration, says new Hulman & Co. CEO Mark Miles.