Design for new Fishers park on hold
Fishers’ grand plan for an 80-acre park at 101st Street and Cyntheanne Road hit a snag this month when the Town Council refused to increase the design consultant’s fees by about $100,000.
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Area home sales decline for first time in 2-plus years
The pace of home-buying has fallen due to higher mortgage rates, rising prices and lower inventories.
IndyFringe’s theater addition to get boost from developer
The theater group’s plans for a 2,100-square-foot addition at its home base near Mass Ave. will receive in-kind construction services from Milhaus Development LLC, which is building its Circa project just to the south of IndyFringe’s headquarters.
IUPUI to show off elaborate game at Gen Con
The entire Indiana Convention Center will be the stage for the game, which uses video mapping and projectors that will create a large crystalline display showing the game results. The four-day Gen Con event begins Thursday.
Adjacent Chatham Arch properties could attract redevelopment
The roughly one-acre properties at 625 E. 11th St. and 602 E. 10th St. encompass an entire city block.
NCAA troubles have critics seeking changes at top
Mark Emmert presides over an organization that is struggling to maintain credibility with the public, is tied up in multiple court cases and is tainted by an embarrassing internal scandal.
USDA predicts corn-crop rebound in Indiana, nation
USDA's National Agricultural Statistics Service forecasts Indiana farmers will produce 979.40 million bushels of corn, a 64-percent increase from the 596.9 million bushels last year.
Teachers union could pay $14M to schools under settlement
Funds would cover about half of the money the ISTA Insurance Trust claimed was being held in reserve on behalf of school employees in its health insurance plan.
Judge dismisses charges against ex-regulator Hardy
Marion Superior Court Judge William Nelson ruled Monday that David Lott Hardy's behavior in connection with the Duke Energy Corp. ethics scandal wasn't criminal.
Indians extend deal with Pirates through 2016
Since the Indians began their affiliation with the Pirates in 2005, they have posted a 668-604 regular-season record, including a 352-289 mark at Victory Field.
Pence plans first trade mission to Japan as governor
Pence's office announced Monday the delegations will leave Sept. 5 and return nine days later after visiting Tokyo, Nagoya and Tochigi Prefecture, Indiana's Japanese sister-state.
Symbios collapse snares local investors
Symbios Medical Products LLC filed for Chapter 7 bankruptcy liquidation, costing numerous Indianapolis-area angel investors large sums.
Construction
-Capitol Construction has completed a 4,200-square-foot office expansion for Allegient at 201 W. 103rd St.
-Capitol Construction has completed an 8,000-square-foot retail build-out for Destination XL at 723 N.U.S. 31, Greenwood.
People
Lucia S. Carter has joined Colliers International as senior vice president and director of project management.
Residential
The average rate for 30-year mortgages fell from 4.59 percent to 4.56 percent for the week ended Aug. 7, according to Bankrate.com. The rate for 15-year mortgages fell from 3.65 percent to 3.62 percent.
Crash kills father, daughter
A father and his teenage daughter died Sunday evening in a crash in the Delaware County town of Eaton. Joseph Wesolowski, 51, and Michelle Wesolowski, 16, of Columbus were in an SUV that tried to pass a car making a left-hand turn on State Road 3 when the vehicles collided. Barbara Wesolowski, 50, and the driver of the car were hospitalized in unknown condition.
Westfield named a ‘best small town’
Westfield was the only Indiana community named to Money magazine’s most recent list of best places to live. The list of “America’s best small towns,” released Monday, ranked the Hamilton County city of 32,000 people No. 18. The rankings considered communities with populations from 10,000 to 50,000. Fifty communities were chosen.
Leases/leasing contracts
-City Securities Corp. leased 21,447 square feet at 8900 Keystone Crossing. The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Gale Force Software Corp. leased 10,280 square feet of office space at 11800 Exit Five Parkway, Fishers. The tenant was represented by Brian Askins of Summit Realty. The landlord, Sunbeam Development Corp., was represented by Paul Dick and Kevin Dick of Colliers International.
-Digital Technology Inc. renewed its lease for 6,300 square feet at Hillsdale Business Park, 6892 Hillsdale Court. The landlord, Hillsdale Property Co., was represented by Brian Buschuk, Kevin Gillihan and Jack Hogan of Jones Lang LaSalle. The tenant represented itself.
-Indy Cigar Bar leased 5,030 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The tenant was represented by Tom Megenhardt of Megenhardt Commercial Real Estate. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy.
-Mortenson Safar Kim leased 4,961 square feet at Rockdale, 6334 Westfield Blvd. The tenant was represented by Todd Morris of JTM Commercial. The landlord, Loftus Robinson, was represented by Jack Hogan of Jones Lang LaSalle.
-Homeplex Furniture leased 3,207 square feet at Clearwater Village, 4611-4737 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.
-LumiNET renewed its lease for 3,189 square feet at Hillsdale Business Park, 6971 Hillsdale Court. The tenant was represented by Rob Lukemeyer of Baseline. The landlord, Hillsdale Property Co., was represented by Jack Hogan, Brian Buschuk and Kevin Gillihan of Jones Lang LaSalle.
-Lawyers Title Co. LLC leased 2,581 square feet of office space at 9955 Crosspoint Blvd. The tenant was represented by Scott Lindenberg of Reliant Partners. The landlord, Shiloh Properties LLC, was represented by Paul Dick and Kevin Dick of Colliers International.
-The Celtic Cross Catholic Gift Shop leased 2,100 square feet at North Willow Commons, 1410-1518 W. 86th St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.
-Village Green leased 1,859 square feet at Rockdale, 6340 Westfield Blvd. The tenant was represented by Spud Dick of Cassidy Turley. The landlord, Loftus Robinson, was represented by Jack Hogan of Jones Lang LaSalle.
-Geist Barber Shop leased 1,334 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
-Autism Clinic of Indiana leased 1,083 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
Body found in east-side home
An anonymous call led Indianapolis police to a dead body in an east-side home late Sunday. Detectives who arrived at the scene in the 2000 block of New York Street about 10:30 p.m. determined the decomposing body had been in the home for quite some time. Police are searching the scene, and an autopsy has been scheduled.
Sales/acquisitions
-Passco Cos. bought the 280-unit Autumn Breeze apartments at 14901 Beauty Berry Lane, Noblesville. The seller, Herman & Kittle Properties, was represented by Steve LaMotte and Dane Wilson of CBRE's Indianapolis-Cincinnati Multi-Housing Group. The buyer represented itself.
-Barkefellers bought 4.718 acres of land at 9400 Corporation Drive. The buyer was represented by Steve Beals and Richard R. King III of Lee & Associates. The seller, Ridley USA Inc., was represented by Brian Dell and Stephen Daum of Summit Realty Group.
-Olive Garden Restaurant bought 3.5 acres at 10222 N. Michigan Road. The buyer was represented by Steve Delaney of Sitehawk Retail Real Estate. The seller, Ed Coverdale, was represented by Scott Langdon of Langdon Real Estate Services.