The city of Indianapolis and private-sector players are lining up behind an effort to rebrand the Central Canal Towpath as an art-themed destination dubbed Art 2 Art by adding artwork and improving the trail.
Without a rapid-fire lease deal and renovation, the former Nordstrom anchor space at Circle Centre will sit idle for a second holiday season. The more general-audience-oriented department store chain Macy’s remains the odds-on favorite to replace Nordstrom, though it would take only a portion of the available space.
The Mayor’s Office and local mass transit leaders have reached consensus on a site for a $30 million downtown transit center. The preferred location is a city-owned surface parking lot along Washington Street between the City-County Building and Marion County Jail.
Developer Buckingham Cos. has taken deposits for all 100 apartments in the first phase of its $155 million CityWay project at Delaware and South streets in downtown Indianapolis.
After hiring a new deputy mayor for education at $120,000 this spring, Indianapolis Mayor Greg Ballard handed out big raises to the rest of his staff.
Indianapolis Mayor Greg Ballard’s staff received a collective 18-percent raise this spring following the hiring of a new deputy for education with an annual salary of $120,000.
Michael Huber, the city’s deputy mayor for economic development since March 2010, is stepping down to take a lead role in commercial development at Indianapolis International Airport. He’ll be replaced by Bond Bank director Deron Kintner.
Redevelopment of the Massachusetts Avenue fire station could remain in limbo for the foreseeable future, as Mayor Greg Ballard and council Democrats enter a standoff over tax increment financing districts.
Local real estate pros say finding a reuse for the Indianapolis Star's HQ will be tricky. The newspaper is selling its labyrinth of buildings at 307 N. Pennsylvania St., which have multiple floor levels, narrow hallways and a basement built to house printing presses.
A highly selective, very subjective guide to the most promising arts and entertainment events on the way in the 2012-13 season.
Indianapolis Airport Authority has lots of economic development opportunities, despite a difficult industry environment, insists the airport’s new senior director for commercial enterprise, Michael Huber.
Indianapolis’ dwindling number of nonstop flights—especially to the West Coast—threatens to stunt the city’s convention business just as officials are marketing the expansion of the Indiana Convention Center and downtown’s hotel market.
Last week’s IBJ reported on an entirely different consequence of the direct-flight problem that should—must—break us out of our stupor and get something done.
The federal fraud trial of Indianapolis real estate broker John M. Bales and a partner began Monday morning in South Bend with a jury-selection process that may not have run as smoothly if it took place in central Indiana.
An FBI investigation into Venture Real Estate Services and principals John Bales and Bill Spencer had already begun when Matthew Dyer signed on as the company's controller in December 2009. Bales told him the company had done nothing illegal, Dyer testified Wednesday.
SOUTH BEND — John M. Bales lifted his crossed hands to his face and began to cry Thursday evening as a federal judge read the same jury verdict on each of 13 fraud counts against the real estate broker and his partner: Not guilty.
Michael Huber will replace Scott Miller, who resigned this year to pursue his own business consulting practice. Huber will leave his role as senior director of commercial enterprise for Indianapolis International Airport.
Michael Huber is about to step out from behind the curtain. As CEO of the Indy Chamber, he’ll be the face of the metro area’s largest business membership organization, rather than the brains behind top city initiatives.
Few would argue with the assertion that the Indianapolis area is a good place to do business. Taxes are low, regulations are generally reasonable and the cost of living is low.
