Station Place on South Meridian Street is listed for $10.5 million, and the Indiana University Research & Technology Corp. is accepting bids for its building on the Central Canal.
Rolls-Royce Corp. is planning a wide-scale modernization of its Tibbs Avenue jet-engine plant in Indianapolis that would be part of an overall goal to invest nearly $600 million in its local operations over five years.
Salesforce.com appears to have scrapped plans to build its own downtown headquarters building and instead is seeking a huge block of space in an office tower to satisfy its aggressive growth plans.
IBJ asked mayoral candidates Joe Hogsett, a Democrat who is leading in contributions and key endorsements, and Chuck Brewer, a Republican small-business owner who has the support of outgoing Mayor Greg Ballard, about their approaches to hot-button topics of particular interest to the business community.
Similar to its current space in the 16,000-square-foot basement of the Hamilton East Public Library, the building will include dedicated desks, private offices, open workspace, a coffee shop and about a dozen conference rooms. It will also feature a bistro with a light commercial kitchen, locker rooms with showers, a small theater, a separate entrance and classrooms for Ball State University, and a suite for Carmel-based coding academy Eleven Fifty.
The downtown submarket recorded its strongest quarter since late 2011 by absorbing about 110,500 square feet of space, which lowered vacancy to 18.8 percent, CBRE statistics show.
The $36 million rehab of Butler University’s historic venue won The Monumental Award, which recognizes excellence in city architecture, engineering and construction.
City officials are working with an entrepreneur to turn the 950,000-square-foot building and a pair of adjacent two-story buildings into a place for high-technology businesses, manufacturing, offices, condominiums, stores and restaurants.
Merchandise Warehouse Co. Inc. is planning an expansion and renovation of its warehouse facilities just south of downtown, allowing it to add 65 employees over the next five years.
The former Chumley’s on Broad Ripple Avenue has reopened as Village Tap Room after an extensive renovation by new owners who hope to attract a more professional crowd.
Indy Eleven General Manager Peter Wilt isn’t too worried about the team’s 6.3 percent attendance drop this year, because of gains in sponsorship, food and beverage sales, and soccer-camp revenue.
Since arriving in Indianapolis in 1989—to buy a Days Inn on the city’s south side—Bharat Patel has grown his portfolio to nearly 30 properties stretching from California to New Jersey.
Sport Graphics Inc. is expanding its creative division, re-naming it Section 127 and moving it downtown into more than 11,000 square feet near Lucas Oil Stadium.
Neighborhoods in most U.S. cities, including Indianapolis, are increasingly isolated from each other by income and home values, according to analysis by national real estate brokerage Redfin.
Columbus, Ohio-based Huntington National Bank has filed plans to construct a 3,180-square-foot brick building on the 2-acre property at 1215 S. Rangeline Road.
Scorn for the rich and powerful dates at least to the Gilded Age heyday of Rockefeller and Carnegie, but experts who track philanthropy say the spate of indignation this year has reached new heights.
The Broad Ripple juicery plans to expand to downtown and open in the Marott Center while Lincoln Square Pancake House no longer will open at Millikan on Mass. Also, November passes without Giordano’s opening downtown.
