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-D.B. Klain Builders LLC, Carmel, has started a 1,162-square-foot tenant build-out for Edward Jones & Co. at 2159 Glebe St. The project is scheduled to be completed Jan. 5.
-GVK Contracting + Remodeling, Westfield, has completed a 35-day, 1,420-square-foot build-out for Saku Japan restaurant at Hamilton Town Center, Noblesville.
-Domain Contractors has completed a 6,000-square-foot office remodel for Caregivers Inc., 3536 Washington Blvd.
On a seasonally adjusted basis, the pace of mortgage loan activity increased three-tenths of a percent for the week ended Dec. 11, according to the Mortgage Bankers Association. Rates for 30-year loans increased to 4.92 percent from 4.88 percent the previous week. Fifteen-year mortgages were unchanged at 4.33 percent.
An item in last week’s Real Estate Weekly listed the wrong landlord for Providence Shoppes, 12545 Old Meridian St., Carmel. The landlord for the center, where Stacked Pickle leased 4,313 square feet, is Providence Partners LLC.
Jeff Smulyan agrees to terms on a new three-year contract to lead Emmis. Signing and performance bonuses could lead to big
pay raise.
Lilly Endowment will give The Nature Conservancy in Indiana $1 million for its headquarters building, possibly reducing
the need for extensive borrowing.
Rolls-Royce Corp.’s Indianapolis operations will manufacture 78 turboshaft engines for U.S. Navy and Air Force helicopters
under the terms of a mammoth $160.6 million military contract.
Indianapolis Motor Speedway boss Jeff Belskus’ actions might offer a glimpse of what the Capital Improvement Board’s new chief,
Ann Lathrop, will do with Pacers, IUPUI and other challenges.
Pike High School girls basketball coach Sara Strahm is facing a charge of child seduction after being accused of having a
sexual relationship with one of her players. The 28-year-old is on administrative leave following her arrest. Strahm was fired
from a past job at Danville High School because of an alleged affair with a female student. Fox59 will have more at 4 p.m.
Wayne Township firefighters rescued several people from their west-side apartment balconies early Monday after responding to a reported kitchen fire. Crews who arrived at Mariner’s Village apartments shortly after midnight found the 22-unit, 3-story building consumed in flames. One resident sustained serious injuries and was taken to Methodist Hospital. Three others suffered minor injuries and were treated at the scene. The local American Red Cross chapter is providing housing for some of the affected residents; others are staying with friends and family. Investigators are looking into the cause of the fire.
AIT Laboratories said Monday morning it is awarding another $1 million in bonus money to employees, bringing their total take
in profit sharing this year to an impressive $3 million.
Many of the 5,000 employees at the FedEx Express hub at Indianapolis International Airport are benefiting from the holiday
shipping rush by working longer hours.
Las Vegas-based Citadel Broadcasting, which owns three radio stations in Indiana, filed for Chapter 11 bankruptcy protection
on Sunday in an effort to restructure its hefty debt load.
Indianapolis’ Office of
Sustainability has begun evaluating recommendations on ways to make 70 city-owned buildings more "green." Among
the ideas: mounting
wind turbines or solar panels at the City-County Building.
By acquiring an experimental medicine for rheumatoid arthritis, the Indianapolis-based drugmaker is increasing its focus on autoimmune
diseases.
A symbolic topping-off ceremony early this month to celebrate a milestone on the massive JW Marriott hotel project can’t
hide the anxiety felt within the construction industry.
The Indiana Commission for Higher Education hopes to present recommendations for cutting state spending for colleges and universities
to Gov. Mitch Daniels by Tuesday or Wednesday.
Landmark health care legislation backed by President Barack Obama passed its sternest Senate test in the pre-dawn hours early
Monday, overcoming Republican delaying tactics on a 60-40 vote that all but assures its passage by Christmas.
A Purdue University scientist hopes to build a special greenhouse that will grow vegetables in the Indiana winter by tapping
into excess heat produced by a power plant on the West Lafayette campus.
The iconic doll is the subject of a Children’s Museum exhibition. Join in on the debate here.
Universities searching for ways to cut $150 million say they’re looking at all options, including eliminating some sports
or even academic majors.
