The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
With shoppers feeling more free to spend and nicer shopping malls on the upswing, bankruptcy is a clear sign of individual weakness, not an industry trend.
Purdue announced the gift Saturday during an event to celebrate homecoming and the kickoff of the school’s year-long 150th anniversary celebration, which is themed “Take Giant Leaps.”
The Battista family’s plan to redevelop a Prohibition-era church building on the east side into an independent cinema and eatery has changed dramatically. And so has the project’s price tag.
Keystone Realty Group is in line to receive financing help from the city for an ambitious plan that would overhaul two nearly vacant office properties near Monument Circle and bring a prestigious Intercontinental Hotel to Indianapolis.
It took Tom Battista five years to get approval from the city, state and federal governments for The Idle, and just a couple months to build the micropark above the I-65/I-70 south split.
The not-for-profit, which matches at-risk children with adult mentors, expects to begin renovations on the 20,000-square-foot building by mid-October, with completion scheduled for April.
Purdue Polytechnic High School on Friday announced it was no longer considering the former Broad Ripple High School building as a site for its second Indianapolis location.
Restaurant-owning lawyers are branching into sweet treats. Also this week: Coffee and Table, Courtyard by Marriott, Floor & Decor, Grand Appliance and TV, Camp Bow Wow, Qdoba, Foundry 317 and more.
Stringtown is surrounded by activity or proposed activity: at IUPUI to the east, 16 Tech to the north, the former Central State Hospital site to the west, and the former GM stamping plant to the south.
The South Bend-based developer that last year bought the landmark restaurant and the block on which it sits is searching for office and retail tenants for the space.
Justin Stuehrenberg and Katherine Bannon bought the 77-year-old brick edifice in the emerging Bates-Hendricks neighborhood for a song and completely gutted it. The new apartments will be available for lease next month.
