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Work set to begin on Carmel segment of new U.S. 31
A $141 million contract includes interchange improvements at Interstate 465 and new roundabout interchanges at 106th, 116th, 131st and 136th streets.
Milhaus plans $6M project along Virginia Avenue
The local developer is seeking city approval for 57 units as part of a mixed-use project that calls for 3,100 square feet of retail space on property south of its Mozzo Apartments.
Rupert turns Rod Serling in spooky anthology series
Locally-based Adrenaline Motion Pictures LLC has high hopes for a new TV and Internet series it’s producing, called “Rupert Boneham’s Frightmares: Seriously Scary Stories.”
Chamber’s microloan program swells to $2M after grant
Business Ownership Initiative, a unit of the Indy Chamber, launched its microloan fund last September to help small business owners in Indianapolis.
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.
Fourth-quarter 2012 commercial real estate statistics for Indianapolis
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
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.
Indianapolis apartment construction soars skyward
The downtown rental market is booming, but is a slowdown coming?
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.
Stocks reach all-time highs after Fed delays bond tapering
Investors plowed money into stocks and bonds, with the S&P 500 and Dow Jones Industrial Average reaching record highs, after the Federal Reserve’s surprise decision to keep its economic stimulus in place.
State ISTEP scores inch higher despite testing problems
Hoosier students scored slightly higher on Indiana Statewide Testing for Educational Progress-Plus exams taken in the spring, despite computer problems that interrupted some of the exams.
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.