|R ECOR DS| ANNOUNCEMENT Riser Retail Group, specializing in selling retail shopping centers, has launched “10 Cap Props,” a division marketing properties with CAP Rates 10% and higher. Contact 280 E. 96th St., Suite 225; phone: 844-0700; fax: 844-0701; [email protected]; www.riserretailgroup.com. BANKRUPTCIES Medical Savings Investment Inc., 5835 W. 74th St., 46278. Chapter 7 liquidation. Assets: […]
The Central Indiana Corporate Partnership-the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives-let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as the Indiana Energy Systems Network and has been under the reins of Paul […]
It will be at least another week before the city’s Metropolitan Development Commission decides whether to allow a crematorium to be built near the corner of Allisonville Road and 82nd Street. The commission was supposed to decide Feb. 4 whether the Harry W. Moore Funeral Care center could construct a one-story, 1,600-square-foot crematory on the […]
Indianapolis Colts defensive end Darrell Reid faces disorderly conduct and trespassing charges following his arrest early yesterday morning on East 82nd Street near Allisonville Road. Police officers trying to clear the parking lot outside the Oxygen Lounge say Reid kept insisting he be let into the club. After repeated warnings, they arrested Reid when he […]
A proposed closure of Grande Avenue in Speedway has more than a few Gasoline Alley businesses riled up. Allison Transmission—which has plants on both sides of Grande Avenue just south of 10th Street—along with the Speedway Redevelopment Commission, has requested…
Business owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking
them to the front door of the Indianapolis Motor Speedway will have devastating effects.
Employees at Rolls-Royce Group Plc’s Tibbs Avenue manufacturing plant started 2008 not knowing whether they’d keep their jobs. They’re starting 2009 with plenty of work ahead of them. Rolls-Royce said yesterday it won a multiyear contract to develop fuel-efficient turbine engines for the U.S. Air Force – a deal that could be worth as much […]
Employees at Rolls-Royce Group Plc’s Tibbs Avenue manufacturing plant started 2008 not knowing whether they’d keep their jobs. They’re starting 2009 with plenty of work ahead of them. Rolls-Royce said yesterday it won a multiyear contract to develop fuel-efficient turbine engines for the U.S. Air Force – a deal that could be worth as much […]
Tony Mason is leaving his post as executive director of the Circle City Classic to become senior vice president of the 2012 Indianapolis Super Bowl Host Committee. Mason, 42, is set to join the Super Bowl Host Committee in April and is expected to work closely with the John H. Boner Community Center to launch […]
Indianapolis appears to be in the running to host the 2012 NFL Pro Bowl. Today, league officials confirmed they are moving the 2010 Pro Bowl to Miami, the Super Bowl host city that…
The woman chosen as CEO of the city’s Super Bowl host committee isn’t exactly a household name, but those who hired her think
she’ll make Indianapolis the best host city ever.
Georgetown Market has stayed in the health food game since 1973, in part because of owner Rick Montieth’s ability to see down
the road.
A $100 million office park in Fishers that has been a dream of an Indianapolis developer for a decade will be anchored by USA Funds. Edgeworth Laskey Properties LLC plans to announce today that USA Funds will lease 30,000 square feet in one of five buildings designed for the 26-acre site, which is west of […]
An Idaho real estate firm that sold interests in central Indiana properties to dozens of investors around the country filed for Chapter 11 bankruptcy protection in Delaware today. DBSI Inc.’s local properties include three buildings in the Allison Pointe office park, and an office building at Heritage Park; both locations are on the northeast side. […]
Sen. Barack Obama’s election and call for change and hope, as well as Ind. Gov. Mitch Daniels’ re-election after
dramatic changes, shows that Americans can become successful again.
DBSI, an Idaho real estate firm with 250 properties worth $2 billion faces a class-action suit. Some of its properties and
investors are in Indianapolis.
The Indiana Pacers—in conjunction with sponsor Kia Motors—today are giving away free gasoline. You heard that right.
From 5 p.m. to 6 p.m., Pacers players will be at gas stations at 7751 S. Meridian St. in Greenwood, 11544 Allisonville Rd. in…
A popular northside wine bar will close at the end of October to move to a smaller space behind Castleton Square Mall. D’vine a wine bar moved from Woodfield Crossing…
The woman chosen as president and CEO of the city’s Super Bowl host committee isn’t exactly a household name, but those who hired her think she’ll make Indianapolis the best host city ever. Allison Melangton, 46, is the first paid member of the 2012 Indianapolis Super Bowl Host Committee, and is expected to throw planning and organization into overdrive over the next 30 days.
Goodbye elevated guideway. Goodbye buses zooming down paved-over rail beds. For that matter, forget about commuter trains running down the median of Binford Boulevard and I-69. Or along Allisonville Road or Keystone Avenue. These northeast corridor rapid-transit options, cheered and jeered by residents in the debate over rapid transit, officially get thrown from the train on Sept. 26. That’s if a regional government group votes to accept the recommendation of the Indianapolis Metropolitan Planning Organization for running diesel light rail…
