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Shapiro’s site in Carmel draws two bids

Two would-be buyers submitted wildly divergent offers for the former Shapiro’s Delicatessen in Carmel City Center. Bidders also were asked to disclose how they intend to use the property.

Ruling: Indiana failed to study mine’s water impacts

An environmental law judge has found that Indiana failed to fully assess the impact of coal waste runoff on local waterways when it issued a permit for a southwestern Indiana surface coal mine that’s the largest such mine east of the Mississippi River.

Hey IU, someone has to pay for those health care jobs

The IU researchers, as have many before them, approach health care jobs as if every one of them is an unmixed blessing to the Indiana economy. Employers and workers could have easily told them that’s not the case.

LAMOTTE: Investors pile into local multi-family housing

As the saying goes, a rising tide lifts all ships, and what a tide it has been for the multi-housing sector locally, regionally and in virtually every market across the country. We’re now three years into this post-recession cycle. It’s a period marked with capitalization-rate compression, mounting levels of buy-side competition, falling costs of debt, […]

SPECKMAN: Location, vision draw broad attention to Indy

Indianapolis is geographically blessed for supply chain management and logistics. However, so are other markets in the Midwest. The ability to recognize this as a competitive advantage and leverage this advantage and maximize other differentiators in conjunction with the location is more than luck. It’s vision. The continued growth approach by our policymakers is why […]

Former Thomson site may be ripe for development

The vacant 49-acre Sherman Park business complex might finally be redeveloped now that the owner has exited bankruptcy and demolition has started on its main building.

Alzheimer’s targeted in $45M government study grant

Part of the funding will go to an existing study of drugs from Eli Lilly and Co. and others to see whether they can ward off the disease in people who inherited genes that predestine them to get Alzheimer’s.

Former IU hoops player acquitted

Devan Dumes, a former Indiana University basketball player, has been found not guilty in connection with the shooting of a drug dealer. Prosecutors charged Dumes with attempted murder and carjacking after a Jan. 11 incident in which Keith Jones was shot in the neck. Dumes’ lawyer countered that he acted in self-defense after Jones threatened him. Dumes starred at Decatur Central High School before going to IU.

Arby’s robbed at knifepoint

Two Arby’s employees said they were robbed by a man brandishing a butcher knife, about 10:45 p.m. Tuesday in Carmel. One employee told officers she was outside the fast-food restaurant in the 1200 block of Rangeline Road when a man with a bandana over his face grabbed her and forced her back inside. He took money from a safe and sped off in a stolen 2010 Honda Civic that was recovered nearby.

Man critical after hit-and-run

A 59-year-old Indianapolis man was in critical condition following a hit-and-run incident Tuesday afternoon on the city’s near-north side. Michael Robertson was walking along the 1700 block of Sheldon Street when he was struck by a 1998 green Chevrolet Malibu containing two women. Witnesses said the driver was trying to hit another vehicle driven by a co-worker with a baseball bat right before she ran into Robertson. Police are seeking the car’s registered owner, Felicia Moss.

Lottery sales lag forecast under new manager

The Hoosier Lottery is running about 17 percent behind projections for surplus revenue in July and August under manager Gtech Indiana, a subsidiary of a firm that also has missed its forecasts for the Illinois lottery.

Duke Energy stops insuring retirees, joining trend

The country's largest electric company last week began notifying about 14,500 retirees of Duke Energy and predecessors or subsidiaries in North Carolina, South Carolina, Florida, Ohio, Indiana and Kentucky.

Indianapolis-area homebuilding filings rise 13 percent

Single-family-building permit filings in the nine-county area saw their 14th straight month of year-over-year increases in August, the Builders Association of Greater Indianapolis announced Wednesday.