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    Amy Isbell-Williams

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Articles

Students finding robotics irresistible: Competitions promote interest in technology

March 10, 2008

On the same day this month when high school boys’ basketball teams compete to advance to the state finals, another event showcasing the talents of Indiana’s youth should be just as climactic. Only this contest emphasizes academics over athletics. The three-day Boilermaker Regional at Purdue University that culminates March 15 will host roughly 40 high school robotics programs, including 26 schools from Indiana. Students will apply their engineering and computer programming skills to design and build task-performing machines. The winning…

Johnson officials considering hotel tax

March 7, 2008

Officials in Greenwood and Franklin want Johnson County to consider implementing a hotel tax, reports the Daily Journal of Franklin. The money would be used to create a convention and visitors bureau. The tax, which likely would be as high as 5 percent, wouldn’t happen before next year because the current legislative session is set […]

Merrill Tower moving west

March 6, 2008

Developer Stephen Alexander isn’t fazed by a zoning setback for his $67 million West Merrill Tower. The Metropolitan Development Commission denied his request to vacate an alley…

Centaur tempted to buy Aztar casino

March 3, 2008

Indiana riverboat casinos don’t go up for sale every day. So when one becomes available, it’s bound to spark interest. Hence,
the dilemma facing Centaur Inc., the Indianapolis-based casino developer.

Browning eyes airport land

March 3, 2008

Browning Investments is contemplating developing a business park just north of Indianapolis International Airport in what
would be the largest development to date in the so-called Minnesota Street corridor.

Penn Centre delayed but not dead

February 29, 2008

Construction won’t begin on the ambitious Penn Centre proposal for at least a few more months, but the project still is a go, said developer J. Greg Allen, who also…

Hoosier Park owner gets approval to buy land

February 26, 2008

The Anderson Parks Board has agreed to let the city’s redevelopment commission sell land that Hoosier Park horse track sits on to the track’s owner, Indianapolis-based Centaur Inc. Hoosier Park leases the land for nearly $190,000 a year, according to The Herald Bulletin of Anderson. Centaur would buy the land for $750,000 over five years […]

Cabela’s project could be revived, report says

February 25, 2008

An improved economy might result in construction on the Cabela’s store at Greenwood resuming as early as next year, according to the Daily Journal of Franklin. The project was brought to an abrupt halt by the Sidney, Neb., outdoor retailer in January after the slowing economy began to hurt sales at stores it opened last […]

Airport may pay $8.8 million for hotel: Deal pending; Westin won’t open until at least 2009

February 25, 2008

The Indianapolis Airport Authority board this month approved spending up to $8.8 million to help fund construction of a hotel connected to the midfield terminal set to debut Oct. 28. But delays in finalizing a deal with developer Mansur Real Estate Services means the $50-million-plus Westin will not be ready for guests until August 2009 at the earliest. The airport board picked Indianapolis-based Mansur to build the hotel nearly a year ago. “We’re still talking about what it’s going to…

Office tower bounces back: Renovated National City Center recovering from loss of Simon

February 25, 2008

Once reeling from the loss of its largest tenant, National City Center now has a rising occupancy rate amid a major renovation that is resuscitating the aging office building. Indianapolis-based Simon Property Group Inc. vacated 182,000 square feet in National City Center by moving to its new headquarters a block away in the fall of 2006. The departure left the 16-story tower at the southwest corner of Washington and Illinois streets 28-percent unoccupied after years of being nearly full. Owner…

Housing slump puts Gramercy project in Carmel on hold:

February 25, 2008

The deteriorating housing market and Carmel’s plans to build more roundabouts have led The Buckingham Cos. to put the brakes on its ambitious Gramercy development project. The $500 million project set to begin in the spring now has no timetable. But when construction ultimately commences, it likely will begin with the commercial and retail portions rather than the home-building portion, as was originally planned, said Clyde Lee, a spokesman for the local developer. “They have revised the plans,” Lee said….

Streetcars work in Portland, but viability here uncertain

February 25, 2008

If the introduction of modern streetcars to one West Coast city can be replicated here, Indianapolis would see new, higher-density
housing and related retail and restaurants shadowing the line. Fallow areas crossed by the tracks would become fertile for
new investment. At least that was the case in Portland, Ore., a city mesmerizing to Indianapolis civic leaders, who last month
formed Downtown Indianapolis Streetcar Corp. They risk being run out of town on a rail: a streetcar line will cost…

UPDATE: White to create 100 headquarters jobs

February 21, 2008

Hotel giant White Lodging Services said today it will expand its headquarters in the northwestern Indiana town of Merrillville and add 100 jobs within four years. Two buildings on the town’s southwest side will be renovated at a cost of $4 million. The project will result in 60,000 square feet of space, according to the […]

NFL Combine happy in Indy

February 20, 2008

With all that’s happening on the local sports scene, it’s easy to forget about the NFL Scouting Combine, which begins today in the RCA Dome. The Combine, which was first held in Indianapolis in 1987, is an event that has…

Latest real estate headlines

February 19, 2008

It’s a busy week for real estate news. Here are a few headlines:

Circuit City closes Clay Terrace store
Carmel’s high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit…

Four score and a canal conundrum

February 11, 2008

A community group is calling on state and local government officials to preserve a one-acre lot along the Central Canal as Lincoln Park in honor of the former president. The narrow strip…

City getting new marathon

February 11, 2008

Organizers for a new Indianapolis marathon and half-marathon think the event will become a national draw, showcasing downtown
monuments and historic neighborhoods. The first Indianapolis Monumental Marathon, to be held Nov. 1, is the brainchild of
Carlton Ray, a former city engineer who worked in the Hudnut, Goldsmith and Peterson administrations.

Adam’s Mark acquisition closes

February 8, 2008

San Francisco-based The Chartres Lodging Group LLC announced today that it has completed its purchase of the 406-room Indianapolis Adam’s Mark Hotel. The group now plans to spend $18 million over the next 18 months to rebrand and renovate the property near Indianapolis International Airport. The company didn’t disclose the new brand the hotel would […]

Pedestrian bridge to state park still in the works: White River venues think hotel complex will be a boost

February 4, 2008

Developers of the $425 million hotel complex downtown still are working out plans for a pedestrian bridge spanning Washington Street that will connect it to White River State Park. Merrillville-based White Lodging Co. and Indianapolis-based REI Real Estate Services proposed a connector-either a bridge or an underground tunnel-in early designs of the convention hotel complex at the southwest corner of West and Washington streets. Although later site plans did not include the link, REI President Mike Wells said the developers…

Technology park could boost area’s biomedical efforts: First phase of Purdue project, featuring accelerator building for up to 25 startups, should be finished this year

February 4, 2008

The park is expected to be a major amenity for the area’s growing biomedical economic development efforts. Purdue Research Foundation paid $2.5 million in June to purchase a half-interest in 78 acres at AmeriPlex industrial park. The university ultimately anticipates filling it with as many as 75 businesses and 1,500 jobs. AmeriPlex owner Holladay Properties, a South Bend developer of industrial parks, owns the other half of the site. Dubbed Purdue Accelerator Park at AmeriPlex-Indianapolis, the project is intended to…

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