Rain doesn’t stall Carb Day party
Rain today didn’t dampen attendance at the Indianapolis Motors Speedway. Cars lined up for more than two hours along 16th Street to get in to the famed Brickyard for Carb Day.
And crowds did not…
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Equicor playing it ‘cautious’: Small projects fueling firm’s steady growth
As one of a few local developers that pursues both commercial and residential projects, Equicor Cos. quietly has built a portfolio of properties totaling more than $150 million. Among those under development is its most ambitious to date, Promenade of Noblesville, at State Road 32 and Little Chicago Road. The 153-acre mixeduse development features retail and office lots, as well as 280 homes. Yet, the 16-year-old north-side company has been absorbing its share of “bumps and bruises” as of late,…
Update: Wells auction delayed
Brokerage firm Colliers Turley Martin Tucker has delayed an auction of three parcels near Meridian and 16th streets that previously housed the Payton Wells car dealership. Auctioneer Bob Getts…
BOONE COUNTY
BOONE COUNTY Zoning approval sought for assisted-living center An assisted-living provider is seeking to rezone property on Michigan Road north of 116th Street to construct a facility that would include 200 residential units and an Alzheimer’s wing. The company is in the beginning stages of the approval process. The company’s identity will be revealed after […]
Payton Wells auction set
An auction date has been set for three parcels near Meridian and 16th streets that housed the Payton Wells car dealership. The properties are 2.5 acres with a 50,000-square-foot…
Indy to host Urban Forum: Group that helps revitalize properties to showcase city’s projects
Visitors in Indianapolis for the Urban Forum in April might patronize Jockamo Upper Crust Pizza in Irvington not only to sample the food but also the success of a neighborhood business district revitalization program. The pizzeria benefited from an effort called Fostering Commercial Urban Strategies, or FOCUS, through a $16,000 facade grant from the Indianapolis chapter of the Local Initiatives Support Corp. Indianapolis is one of 30 cities boasting LISC chapters. Nationally, they invested more than $1 billion in low-income…
Fishers’ hoops venue signs 2 franchise deals, plans more
A multi-court basketball fieldhouse is doing such brisk business in Fishers, its owners have decided to franchise the operation.
Scott Burton, CEO of The Fieldhouse, said deals have already been signed with franchisees in Merrillville and in Naperville,
Ill.New steam plant could propel Speedway revival
A unit of Citizens Gas proposes building a natural-gas-fueled steam plant in Speedway to serve large employers in the town
of 12,800.Hilbert mansion sale pending; buyer a mystery
An individual who does not yet want to be identified has reached an agreement to buy the Carmel mansion that once belonged to Conseco Inc. co-founder Steve Hilbert. This morning Judy Koehler, managing broker for Carpenter Realtors’ Fishers office, confirmed to IBJ that Carpenter Sales Associate Linda Genrich is representing the buyer in the transaction. […]
EDITORIAL: Tough love for struggling park: State’s high standards deserve praise
Tough love for struggling park State’s high standards deserve praise It would be easy for the state’s certified technology park initiative to degenerate into a handout program with little or no accountability. If communities in all corners of the state get a park, along with the accompanying tax benefits and grants, everyone’s happy, right? Perhaps. But for the Indiana Economic Development Corp. to deploy resources in the most potent manner, it must focus on the parks with the potential to…
Half-billion-dollar traffic plan considered for northeast side
Whether it’s southbound I-69 traffic backed up almost to Noblesville, or northbound I-465 traffic a parking lot all the way
to 56th Street, the northeast highway system is grossly inadequate at peak hours. But a report issued last month by an INDOT
consultant shows a radical, $600 million reconfiguration is in the works.PROFILE: Posh Petals Inc.: Florist’s business is blooming Ample competition hasn’t kept Posh Petals from growing
Posh Petals Inc. Florist’s business is blooming Ample competition hasn’t kept Posh Petals from growing In just more than three years, Erika White and Meredith Moynahan have moved from employees of someone else’s flower shop to owners of a fast-growing retail florist with a reputation for unusual arrangements. Posh Petals Inc. opened its doors in July 2004, just a few months after the friends and co-workers, both 32, first discussed opening their own place. “It happened really fast,” White recalled….
Cross-country course launched downtown
Officials for the Indiana Invaders track and running club and the city of Indianapolis announced yesterday that a championship cross-country course and training venue will be developed along the banks of the White River downtown. Ground was broken this week on the project, which is being financially supported by locally based retailer The Finish Line, […]
Hilbert mansion fetches $20M bid
The newly formed Carmel Institute has offered $20 million for the former Hilbert mansion, according to a source familiar with the bid. That bid matches Conseco Inc.’s asking price for the mansion, which has been on the market for two years. Conseco won control of the residence during a court battle with former CEO Steve […]
Bush Stadium’s uncertain future
What should be done with Beautiful Bush Stadium? The city has ordered appraisals of the historic ballpark as a first step toward eventual reuse or demolition. The Indianapolis Indians played in the…
City paves way to redevelop Bush Stadium site
Indianapolis has initiated the redevelopment process for Bush Stadium, its shuttered sports landmark. The Metropolitan Development
Commission has hired a pair of local firms for $25,000 to appraise historic Bush Stadium–a first step toward reuse or, more
likely, at least partial demolition.What ever happened?
Following up on a few old posts:
No Canterbury Sale Yet. Canterbury Hotel owner Donald Fortunato said he’s getting close to a sale of the 12-story hotel, but the deal is not done….
Scotty’s looking downtown
Scotty’s Brewhouse, the Indiana college town institution, is working on plans for new restaurants in downtown Indianapolis, Chicago and Charlotte, N.C. The restaurant would like to locate at Pan Am Plaza, said…
Here comes Spicy Pickle!
A Denver restaurant chain named for the pickles that come on every plate wants to open 10 locations in central Indiana. The 31-restaurant chain plans to begin construction on its first location…
Five Guys has big Indy plans
Five Guys Famous Burgers and Fries has filed plans for a new restaurant near Greenwood and is looking for 10 more locations in Marion County. The chain also is preparing to open…