Northwest-side office building changes hands in $16.35M deal
Onward Investors LLC announced Monday that it sold the building to Arkansas-based Tempus Realty Partners three years after acquiring it.
Onward Investors LLC announced Monday that it sold the building to Arkansas-based Tempus Realty Partners three years after acquiring it.
Le Peep Restaurants of Indiana was acquired in January by a local investment group intent on making some improvements to the Indianapolis-area restaurants.
Zeller Realty Group has sold the two spacious buildings along the North Meridian Street office corridor after undertaking extensive renovations.
The 30-acre first phase of the 16 Tech innovation district, long touted as an up-and-coming hub for entrepreneurship and innovation, will be spurred by a $120 million investment from Browning and a $38 million grant from Lilly Endowment.
The Cincinnati-based grocery chain instead is opting to renovate a much smaller existing grocery across the street from where the proposed store would have been built. The decision leaves a massive hole for Kite Realty Group to fill in Fishers Station shopping center.
By the end of the year, officials expect to unveil its master plan to remake the state’s largest hospital—currently an amalgamation of ancient health care amenities and modern facilities.
Suite holders at Victory Field this season will be treated to a major renovation of the private rooms as part of an ongoing $6 million upgrade to the aging ballpark.
The building, at the northeast corner of 46th Street and College Avenue in the Meridian-Kessler neighborhood, will house three or four businesses, including Scarlet Lane Brewing.
But Jonathan Nalli said the health system has no plans to build a $1 billion hospital complex.
County officials are weighing whether to get moving on the $4 million final phase so it could be finished at the same time as the first.
Retail giant Walmart on Wednesday announced plans to spend about $24 million over the next year to remodel seven stores in Indiana, including a supercenter in the Indianapolis area.
A second new establishment, Rye Bar, opens at the Marriott Monday. Also: Wings Etc., Bell Helmets, Macy’s, Kate Spade.
New owners had hoped to reopen the 88-year-old State Theatre late last year or early in 2018, but work has been put on hold until heating-and-cooling system issues in the building are addressed.
Currently, the firm is overseeing building expansions at Mt. Vernon Middle School in Fortville and Delta High School in Muncie. Both projects include plans to make the buildings more secure.
The Claypool Hotel operated for more than a century at the corner of Illinois and Washington streets, with this photo taken on Sept. 21, 1955.
Jonathan Nalli has a message for his 16,000 employees at St. Vincent Health: Get ready for more transformation and disruption.
The establishment, located in the space formerly occupied by Mass Ave Toys, occupies 7,500 square feet over two levels—a bar and full-service restaurant on the main floor, and a second bar in the basement.
Caesars sought approval for the plan despite threats to cancel the project if the state did not waive a $50 million fee tied to its acquisition of racinos in Anderson and Shelbyville.
The renovation added 28 rooms to the 17-year-old hotel at 350 W. Maryland St., bringing the total to 650 rooms.
The Noblesville-based not-for-profit known as HAND has announced it will invest $2 million to acquire and renovate 17 duplexes in Lebanon into affordable apartments for low-income residents.