F.C. Tucker Co. has entered into an agreement with Shoopman Home Building Group in which 21 of its real estate agents will staff model homes in seven communities Shoopman is developing. Jim Litten, president of F.C. Tucker Co.’s residential real estate services division, lauded the arrangement as “one-stop” shopping for prospective homebuyers. “Consumers will be […]
The Indiana Department of Transportation has received approval to proceed with upgrades planned for U.S. 31 in Hamilton County. A decision this week from the Federal Highway Administration allows INDOT to acquire land for the corridor that extends 13 miles from Interstate 465 to State Road 38. Construction is expected to begin in 2011. The […]
A new restaurant called Stanley’s New York Deli plans to open Feb. 28 at the corner of 86th Street and Ditch Road. Owner Greg Abes named the 3,800-square-foot deli for his father…
A section of roof fabric from the demolished RCA Dome will be used as a tarp to cover the old Herron School of Art’s so-called “main building” until Herron High School can afford to repair the dilapidated structure. Herron High, a charter school that is not affiliated with IUPUI’s Herron School, purchased the building and […]
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.
A Texas developer of retirement communities has targeted Carmel for a style of assisted living new to the Indianapolis area that offers on-site health care for the unusual arrangement of a fi xed monthly fee.
The Penn Arts apartment building at 16th and Meridian streets will stay vacant a while longer. A $3-million plan to transform the aging 82-unit apartment building into 45 fancier units has hit a snag that’s become familiar to developers: No financing was available at advantageous terms, said Christopher Piazza of developer Reverie Estates LLC. Piazza […]
The Penn Arts apartment building at 16th and Meridian streets will stay vacant a while longer. A $3-million plan to transform the aging 82-unit apartment building into 45 fancier units has hit a snag that’s become familiar to developers: No financing was available at advantageous terms, said Christopher Piazza of developer Reverie Estates LLC. Piazza […]
State and federal highway agencies have approved the final environmental impact statement for the 13-mile rebuilding of U.S.
31 from Interstate 465 to 216th Street.
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
As the 100th anniversary of the Indianapolis Motor Speedway approaches,
the town of Speedway, at long last, is making an aggressive play to turn the world-famous oval into an economic engine that
runs year-round.
Indianapolis Motor Speedway officials are in talks to move their Hall of Fame Museum from the interior of the oval to a spot
just outside the south end of the track, an area that could also house a new Speedway hotel.
An Ohio developer and the Town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million mixed-use project featuring 250,000…
Getrag won’t exactly have a white elephant on its hands if the German company is unable to make transmissions in its partially completed plant at Tipton. The 900,000-square-foot plant might work well for another auto supplier or even another use outside of manufacturing, experts say. Getrag’s plans to build a fuel-efficient dual-clutch transmission for Chrysler […]
Several potential buyers submitted bids today for a handful of properties near Meridian and 16th streets that once housed the Payton Wells car dealership. Colliers Turley Martin Tucker Auctioneer Bob Getts confirmed bids were submitted but declined to identify the bidders. He said property owners are reviewing the submitted bids. The auction had originally been […]
Purdue University’s executive MBA program, which is tailored for professionals returning for an advanced degree, placed 21st in the nation in The Wall Street Journal’s first such ranking. Purdue’s Krannert School was the only program in the state to make the list of the top 25 universities. Northwestern’s Kellogg School of Management placed No. 1, […]
Loads of retail news to report today:
UPDATE: The Taste of Tango restaurant may be back on track. A sign on the door says the restaurant is “coming soon” and “now hiring.” Old…
The portfolios of local architectural firms are beginning to boast more ecofriendly projects. But it hasn’t been that way for long. The trend to seek Leadership in Energy and Environmental Design certification is a recent phenomenon that appeals not only to the tree-hugging crowd but corporations and government entities, too. “We’re definitely getting to the point where clients are asking us about the LEED process,” said Eric Anderson, a project architect at Axis Architecture + Interiors. “Whereas before, even [as…
Developer Christopher Piazza says “difficult market conditions” have led to a delay for his $3-million renovation of the Penn Arts building at 16th and Pennsylvania…
