Precedent office park hits block
The owners of the 19-building Precedent Office Park are putting the massive property up for sale, eight years after buying it for $143 million at the height of the real estate boom.
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The owners of the 19-building Precedent Office Park are putting the massive property up for sale, eight years after buying it for $143 million at the height of the real estate boom.
Only two contenders have thrown their hats in the ring, with 10 positions open and just seven months to go before the fledgling city’s debut election. Lack of defined district boundaries is a hurdle.
The Securities and Exchange Commission has proposed a rule that would require large public companies to disclose the total annual compensation of their CEO, the median annual compensation of all their employees (excluding the CEO), and the ratio between these two figures.
History IT plans to hire 20 people for its Indianapolis office, which will focus on documenting Indianapolis' mayoral history.
No matter the result of last week’s budget debate, we are in need of a serious discussion about tax and spending policy.
Read the discussion of experts gathered by Indianapolis Business Journal.
A cabinet company announced Friday that it will hire more than 300 people over five years at a vacant former auto parts plant in eastern Indiana.
Three tea party members testified Thursday against the $1.3 billion proposal that lawmakers delayed last session and sent to a study committee for review.
The state appeals court says the widow of a southern Indiana theme park president isn't required to sell shares in the facility to her late husband's brother.
The owner of a rail line through that runs from Indianapolis to Jeffersonville is planning a $90 million project to replace an aging bridge and make improvements over more than 100 miles of track.
An 18-year-old Lawrence man died Thursday morning after being hit by a train about 2:30 a.m. Jacob Shoemaker died at the hospital shortly after being struck near East 47th and McCoy streets, just north of Pendleton Pike. Police say the train conductor blew his whistle to warn Shoemaker to get off the tracks, but the man extended his middle fingers at the train and kept walking. Police say alcohol may have been a factor.
Police say a homeowner shot an intruder trying to enter a house through a window at about 4:50 a.m. Thursday on the near-south side. The shooting took place in 1400 block of Kennington Street, near Morris Street and Madison Avenue. A 27-year-old Greenwood man suffered a gunshot wound to his abdomen and was in critical condition. Police didn’t identify a shooter, but said residents Jerry Henderson, 44, Jewel Henderson, 54, and Angela McBride, 22, were at home at the time of the incident.
Police arrested Brandie Thompson, 34, of Indianapolis on Thursday morning in connection with the hit-and-run death of man in a wheelchair. The victim, who was in his 70s, was crossing Washington Street west of Indianapolis Zoo about 8:30 p.m. Wednesday when he was struck by a 2006 Chrysler that left the scene. Police tracked down Thompson through the license plate number. She has a history of traffic offenses.
The 39-year-old Colts offensive coordinator has Pac-12 experience, knows how to develop talent and can make an offense go. His lack of head coaching experience, though, could hurt his chances.
IU’s Global Research Network Operations Center now handles N-Wave, a nationwide computer network used for transporting research data.
The city’s development director hopes to launch a countywide planning effort, and he wants it to take place on the first floor of the vacant, century-old building at 202 N. Alabama St.
Eli Lilly and Co. said Thursday that meeting its sale target will be a challenge. It plans to repurchase $5 billion in shares and introduce new diabetes drugs to help navigate through patent losses. Another immediate hurdle: Obamacare.
Wheeler Mission Ministries Inc. said Wednesday that it has received a donation from the Nina Mason Pulliam Charitable Trust that will allow it to start construction on a new facility next to its shelter at 520 E. Market St. in downtown Indianapolis.
The developers plan to invest $16 million to transform the vacant, century-old building into 98 apartments, with first-floor retail or restaurant space, in a project dubbed Penn Street Tower.