But South Bend-based Holladay Properties is about to test the demand for new housing priced in the $200,000 range on the former campus of the west-side Central State Hospital.
The four-story building adds 80,000 square feet to Delta Faucet’s campus and includes an expanded showroom, cafe, conference rooms, office space and labs for testing new products.
Currently operating in eight states, the firm was founded in 2000 by three executives who had previously worked at another local auto auctioneer, Carmel-based ADESA.
City officials could create a committee to examine the impact of online lodging services. Carmel has come out against them, and state legislators are weighing a bill prohibiting cities from banning them.
The Indianapolis-based retailer plans to take a pretax charge of as much as $36 million in connection with the sale of the money-losing business to a Los Angeles-based investment firm.
A Dallas mortgage company accuses Carmel banker Michael Petrie of launching a "delberate and vindicative campaign" to try to drive it out of business. But a separate lawsuit against the Dallas firm tells a different story.
Noble Roman’s Craft Pizza & Pub is described as “a modernization and redesign” of the original Noble Roman’s pizzeria concept, which originated in 1972.
Gershman Partners had hoped to start construction late last year, but the mayor of Greenwood says large retailers have been slow to commit to the project, causing the delay.
The 2017 increase likely won't be large. But a range of local companies, from logistics providers to auto auctioneers, will be keeping an eye on the situation.
The Indianapolis-area industrial market ended the year with vacancy of just 3 percent, nearly half of what it was at the end of 2015. The upshot: More properties are needed, and several million square feet of space are in the pipeline.
Contractors and at least one landlord say Marsh Supermarkets has fallen behind on rent and other bills—a development that suggests the locally based chain is facing heightened financial strain.
The Noblesville-based not-for-profit has proposed a $2.1 million project to build residential units on a 2.4-acre property between 105th and 106th streets, east of McPherson Street.
