Indianapolis schools continue big enrollment drop
Indianapolis Public Schools lost more than 900 students from last school year, putting it within 800 students of falling behind Fort Wayne’s school district as the state’s largest.
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Indianapolis Public Schools lost more than 900 students from last school year, putting it within 800 students of falling behind Fort Wayne’s school district as the state’s largest.
Indianapolis police say they have arrested a suspected serial bank robber with the help of the FBI. Agents believe 43-year-old Brinton Yates is responsible for robbing four banks in the last three weeks while he was on parole for a previous bank robbery conviction. He's accused of targeting banks on the north side. A Chase Bank on Michigan Road was hit twice. Police said Yates also held up a Chase Bank on Meridian Street and a Key Bank on Fall Creek Parkway.
A two-car crash caused traffic problems on the city’s north side Tuesday morning. The crash happened before 8 a.m. near 75th Street and College Avenue. Police say three people were taken to the hospital with non-life threatening injuries. Two other passengers were not hurt.
Indianapolis police are investigating the robbery and attempted robbery of two north-side Walgreens stores Tuesday morning. The first incident happened about 1:30 a.m. at the Walgreens at 86th Street and Ditch Road. The store manager told police two black men armed with guns entered the store, but became nervous and ran out 10 seconds later. Then, just after 4 a.m., the Walgreens at 86th Street and Michigan Road was robbed at gunpoint by a black male wearing a white ski mask. The suspect drove off in a blue-green car. Police say the two incidents are likely related. Fox59 will have more at 4 p.m.
A proposal to lease the city’s parking meters for 50 years would require the vendor to bring 200 jobs to Indianapolis for at least seven years. The salaries and benefits would range from $16,000 to $95,000 a year.
Popular race car driver no longer called Elite NASCAR Driver in full-page newspaper ad. And last weekend in Japan, the IndyCar racer lived up to her new moniker.
The initiative will promote the advantages of doing business in Indiana to attract more “measured marketers.” They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.
The state’s jobless rate in August remained unchanged from the previous month’s figure of 10.2 percent. The loss of seasonal government and manufacturing jobs offset the addition of 3,000 private-sector jobs.
Amazon's warehouse in Boone County will exceed 1 million square feet by next year. Duke Realty began construction on the new leasehold in August, said Mark Hosfeld, vice president of leasing and development. The online retailer came to Duke's Anson development in 2008 with a lease of about 630,000 square feet at 4237 Anson Boulevard.
The lottery will move in January to the Buick, a 60,000-square-foot building at 13th and Meridian streets owned by principals of Shiel Sexton Construction.
Dorothy Henckel, president of the Indianapolis International Film Festival, has accepted a job as director of acquisitions for The Documentary Channel.
Housing starts are up 25 percent from their bottom in April 2009. But they remain 74 percent below their peak in January 2006.
Sisters Liz and Ann Hampton Callaway help launch Pops season.
Ener1 Inc., the parent company of local advanced-battery maker EnerDel, has reorganized its corporate structure and shuffled management ranks.
The Indiana Department of Transportation says the Federal Highway Administration has extended the comment period affecting Section 4 of the project for 30 days until Oct. 28.
France Cordova is one of six university presidents who will take part in Tuesday's gathering to fill Vice President Joe Biden in on research that's being funded by the National Science Foundation and other federal agencies.
Duke Realty Corp. has been selected by the city of Lebanon as construction manager for a public safety building that is under construction at 975 Lasley Drive, Lebanon. The 17,133-square-foot building is to be completed next spring.
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 8.9 percent for the week ended Sept. 10, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.47 percent from 4.5 percent the previous week. The rate for 15-year mortgages fell to 3.96 percent from 4 percent.
-Jones Lang LaSalle has been named leasing agent for Lake Pointe Center 5, a 150,000-square-foot office building in Allison Pointe office park. Adam Broderick of Jones Lang LaSalle has been named leasing agent for the two-year-old building, which has 90,000 square feet available. The building is owned by Edgeworth Laskey Properties LLC.
-Premium Supply Inc. leased 45,100 square feet in the North by Northeast Business Park, 9901 Kincaid Drive, Fishers. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Prologis, was represented by Chip Barnes and Matt Dickerson of NAI Olympia Partners.
-University Pediatric Associates Inc. leased 27,245 square feet at 11590 N. Meridian St., Carmel. The tenant was represented by Zane Brown of CB Richard Ellis. The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Investments.
-Southside Family Physicians leased 8,245 square feet in Emerson Office Parke Building 2, 965 Emerson Parkway, Greenwood. The tenant was represented by Travis Tucker of Duke Realty. The landlord, Emerson Office Parke Building Two LLC, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.
-County Line Pediatrics leased 8,000 square feet in Greenbrooke Medical Pavilion Building 2, 747 E. County Line Road, Greenwood. The tenant was represented by Travis Tucker of Duke Realty. The landlord, GWA Wheatcraft LLC, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.
-Stewart-Richardson & Associates leased 5,414 square feet in the Regions Bank Tower, One Indiana Square. The landlord, One Indiana Square Associates, was represented by Ralph Balber and Kelli Dugan of Halakar Real Estate. The tenant represented itself.
-Re/Max Select leased 3,000 square feet in Library Parke, 489 S. State Road 135, Greenwood. The tenant was represented by Keith Turnbill of Re/Max Select. The landlord, Greg Allen Property Management, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.
-Miebach Consulting Inc. leased 2,982 square feet in Market Square Center, 151 N. Delaware St. The tenant was represented by Matthew Tobe of Halakar Real Estate. The landlord, Hertz Indianapolis One LLC, was represented by Crystal Houston and Dan Richardson of CB Richard Ellis.
-Crown Liquors leased 2,760 square feet at Westside Center, 645 W 11th St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Westside Development Corp., was represented by John Schick of The Broadbent Co.
-Qdoba leased 2,275 square feet at Greenfield Corner Shops, 2037 N. State St., Greenfield. The tenant was represented by Larry Davis of Sitehawk Retail Real Estate. The landlord, MAP Greenfield LLC, was represented by Jeff Hubley of Midland Atlantic.
-Jimmy Johns leased 1,625 square feet at Speedway Shoppes, 5949 Crawfordsville Road. The tenant was represented by Drew Warner of Eclipse Real Estate. The landlord, Westside Development Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate.
-LBL's Salon leased 1,600 square feet at Plainfield Commons II, 2683 E. Main St., Plainfield. The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Plainfield Commons II LLC, was represented by Liz Yoho of Providence Development.
-Chun Lin leased 1,300 square feet of retail space at 9546 Allisonville Road. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Van Rooy Properties bought Westminster Apartments, a 438-unit complex at 921 Parliament Place, Greenwood. The list price was $8.2 million. The buyer and the seller/receiver, Barrett Stokely on behalf of Midland Loan Services, were represented by Tikijian Associates.
-Jordan-Fishers LLC bought the 40,000-square-foot Village Square retail center at 11033-11361 Allisonville Road, Fishers. The price wasn’t disclosed. The buyer was represented by Keith Dedrick of Corporate Commercial Group. The seller, Huntington Bank, was represented by Kevin Broadrick of Marcus & Millichap.