MALONE: Project will boost dormant area of downtown
The real story is the work by council members and council consultants in renegotiating the financial risks from a worst-case-scenario framework.
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The real story is the work by council members and council consultants in renegotiating the financial risks from a worst-case-scenario framework.
Part of downtown New Castle was closed Monday after a buildup of snow and ice caused a building’s roof to collapse and three adjacent structures to buckle and shift. A building housing Three Rivers Solid Waste Management District on Broad Street suffered the most damage. Engineers are studying whether the buildings will need to be demolished or can be saved.
A former Hancock County sheriff's deputy will spend two weeks in jail for driving drunk while on duty. Michael Robinson, 35, was arrested in December. His blood alcohol content was more than twice the legal limit when he got into an accident about 9:30 in the morning, more than three hours into his shift. After serving jail time, Robinson will serve the rest of the year on probation.
Owners of iced-in cars near downtown Indianapolis ticketed during last week’s winter storm have gotten a reprieve. The city announced Monday that all parking citations issued for overtime meters on Tuesday and Wednesday last week have been voided. Those who have already paid their tickets can expect to receive refunds in a few weeks.
Employers posted fewer job openings in December, the second straight month of declines. That's a sign hiring is still weak even as the economy is gaining strength.
Districts would finance solar panels and other clean-energy projects through special tax levies on participating properties.
Carmel-based company is building the 15,000-square-foot facility at its headquarters to consolidate operations. The new center should be ready by May.
The Indianapolis-based appliance and electronics retailer lowered its fiscal 2011 outlook on soft demand for pricier televisions and appliances.
Should critics wait until the official opening night?
Eli Lilly and Co.’s PD2 project attracted 30,000 compounds from researchers in 26 countries. And Lilly scientist Alan Palkowitz said it’s just the first of many such collaborations.
Indiana teachers are planning a rally at the Statehouse to support public education and denounce proposals backed by Republicans who control the House and Senate.
A technicality caused the City-County Council on Monday night to put off a final vote on the massive North of South mixed-use project slated to be built on 14 acres north of the Eli Lilly and Co. corporate campus.
Now that financing for Buckingham Cos.’ massive North of South project has the city’s blessing, the local developer is turning its full attention to construction of the 14-acre, mixed-use complex. The City-County Council last night approved the sale of $98 million in municipal bonds that will finance the bulk of the $155 million project. Construction […]
The Indiana General Assembly has passed its first bill of the 2011 legislative session: a proposal to allow any Indiana county to use centralized vote centers instead of neighborhood polling precincts.
The House Ways and Means Committee began taking public testimony Monday about the two-year state budget plan after four weeks of hearings with state agencies and universities.
The Mattingly Corp. has completed a 2,800-square-foot interior renovation for Hanger Orthopedics at 1330 N. Illinois St.
–Gary Perel has joined Newmark Knight Frank Halakar as senior vice president, retail division.
–Bruce E. Asper has joined Newmark Knight Frank Halakar as vice president, office division.
On a seasonally adjusted basis, the pace of mortgage loan activity increased 11.3 percent for the week ended Jan. 28, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.81 percent from 4.80 percent the previous week. The rate for 15-year mortgages increased to 4.13 percent from 4.12 percent.
-Performance Bicycle Shop leased 11,500 square feet at Greenwood Shopping Center, U.S. 31 and County Line Road, Greenwood. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Kimco North Trust, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-Health Systems International renewed its lease for 7,979 square feet at Castle Creek VI. The tenant was represented by Mark McDermott of CB Richard Ellis. The landlord, Friedman Real Estate Group as receiver, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-CVS Pharmacy leased 6,787 square feet at 175 N. Illinois St.. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, MT Acquisitions LLC, was represented by Dave Moore, Darrin Boyd and Allison Tiefel of Cassidy Turley.
-C-2 Supply leased 6,000 square feet of space at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, National Bank of Indianapolis, was represented by Conrad Jacobs and Ralph Balber of Newmark Knight Frank Halakar. The tenant represented itself.
-St. Vincent Hospital Physician Network renewed its lease for 5,702 square feet at 11530 Allisonville Road. The tenant was represented by Bruce Gordon of Duke Realty. The landlord, Bendrew Development LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-J. Allan Hall & Associates leased 5,250 square feet of office space at Circle Tower, 55 Monument Circle. The landlord, FT Circle Tower LLC, was represented by Bennett Williams and Pete Anderson of Cassidy Turley. The tenant represented self.
-ETI leased 3,963 square feet of office space at 8500 Keystone Crossing. The tenant was represented by Brooke Augustin and Drew Augustin of Alliance Commercial Real Estate. The landlord, PWA Keystone Crossing, LP, was represented by Andrew Martin, Bennett Williams and Michael Semler of Cassidy Turley.
-The Travel Agent Inc. leased 3,439 square feet at Lakeside Corporate Center, 630 West Carmel Drive, Carmel. The tenant was represented by Thomas M. Osborne and Matt Moore of Colliers International. The landlord, ATAPCO Carmel Inc., was represented by John Vandenbark of CB Richard Ellis.
-Indiana Farm Bureau Insurance leased 3,200 square feet at Avon Commons, 10427 E. U.S. Highway 36, Avon. The tenant was represented by Larry Harshman of Harshman Property Services LLC. The landlord, Aviana Co. 3 LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-Meridian Radiology leased 3,123 square feet at Meridian Professional Building, 3266 N. Meridian St. The tenant was represented by Mike Cole and Steve Wolkoff of Dury Investment Group. The landlord, PBB III LLC, was represented by Brad King and Ron Bell of Colliers International.
-Aqua Indiana leased 2,720 square feet at Castle Creek V. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Friedman Real Estate Group as receiver, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Indiana Bond Bank leased 2,445 square feet at 10 W. Market St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, MT Acquisitions LLC, was represented by Dave Moore, Darrin Boyd and Andy Martin of Cassidy Turley.
-IL & IN Restaurant Realty bought 1.35 acres at 9750 North by Northeast Blvd., Fishers. The price was not disclosed. The buyer, the central Indiana franchisee for International House of Pancakes, is beginning construction of an IHOP at the site. The buyer was represented by Chris Hake and Tony Orlando of Thompson Thrift. The seller, Kincaid Holdings LLC, represented itself.
-MJT Management bought three-quarters of an acre at the southeast corner of Southport Road and Rampart Drive in front of a Meijer store. The price was not disclosed. The buyer, which plans to build a Rally’s restaurant on the site, was represented by Chris Hake of Thompson Thrift. The seller, Meijer Stores Limited, represented itself.
-Resource Planning Group bought a 1,400-square-foot business condo at 12574 Promise Creek Lane, Fishers. The price was not disclosed. Both the buyer and seller, Promise Road Business Park, were represented by Paul Dick of Colliers International.