Neighborhood and local government leaders in Indianapolis increasingly face a dilemma: Let tax-foreclosed houses sit vacant or enable their acquisition by large, scattered-site rental investors.
-Charles C. Brandt Construction has completed a 3,400-square-foot office renovation for the Barrister Building, 155 E. Market St.
-TJK Property Services has completed a 2,300-square-foot interior remodel of the KeyBank branch at 10 W. Market St.
-TJK Property Services has completed an 1,100-square-foot build out for Cell Phone Repair at 10302 Prosperity Circle, Camby.
-TJK Property Services has completed a 3,400-square-foot interior remodel of Anytime Fitness at 11915 Pendleton Pike.
Ersal Ozdemir, who heads the development and construction firm Keystone Group, has charmed elected officials for years with big ideas—and hundreds of thousands of dollars in political contributions.
The vacancy rate for Class A space approached 20 percent in 2011 for the first time in at least 15 years and kept trending upward, settling at 21.4 percent at the end of last year.
The latest plan to redevelop Pan Am Plaza calls for two hotels, residential units and restaurants spread across two towers as tall as 20 stories each, sources familiar with the details told IBJ.
Banks and credit unions facing more competition from online lenders—and now even from big-box stores offering financial products—are working harder to get a bigger piece of a customer’s wallet over the long haul.
The Ways and Means Committee voted 18-2 Thursday afternoon in favor of a bill that would facilitate a new downtown soccer venue.
Indiana University officials expect to know by noon whether regularly scheduled games still will be held in the arena. A large piece of metal fell from the ceiling into the stands on Tuesday, but officials believe it was an isolated incident.
The five-building, $26 million apartment project in downtown’s Chatham Arch area just south of Massachusetts Avenue will include 265 units, with pre-leasing to begin May 1.
The Pence administration has overseen the six-figure renovation of a Brown County cabin that one political observer calls Indiana’s Camp David.
The project calls for the installation of a boulevard on Sunset Avenue lined with trees, in addition to sidewalks and bike lanes, in hopes of distinguishing the college from the surrounding neighborhood.
An affiliate of Keystone Realty Group has bought Waterplace Office Park on North Meridian Street and plans to make a major investment in the property in hopes of improving occupancy.
Shiloh Die Cast Midwest LLC plans to expand two of its plants in northeast Indiana, leading to 145 new jobs by 2018, the company announced Monday night.
The owner of the popular Noah Grant’s Grill House & Oyster Bar in Zionsville is targeting an April opening for a second restaurant flanking the town’s brick Main Street. Plus: the latest retail roundup.
The recovery accelerated a disappointing pattern. Regional economic growth and activity are increasingly moving to the suburbs.
Once the work is finished in about nine months, the Canterbury, which will be rebranded as a Le Meridien, should be able to better compete with other upscale downtown hotels, a consultant said.
Old factory is one of many existing assets that can reverse fortunes of a struggling neighborhood.
State lawmakers on Wednesday weighed in on legislation involving mobile-phone snooping, education issues, abortion restrictions, sex trafficking, guns, abandoned houses, veteran injuries and several more topics. Here’s a rundown.
A year-long Keystone Avenue bridge project slated to start next month has prompted the owner of the venerable north-side steakhouse to relocate about a mile north and take over another restaurant space.
A recently retired CEO bought the historic building at 14 W. Maryland St. After renovations, he hopes to attract a national chain to the space.
