Oaktree Apartments, a blighted 19-acre property at the southeast corner of 42nd Street and Post Road with 336 apartment units, has been vacant since 2014.
IPS could shed more property to cut costs, boost efficiency
The district next month plans to issue a request for proposals for a comprehensive study of all 71 of its schools and other buildings.Read More
Kite Realty Group sells off 14 properties for $415 million
The divestitures are part of what the company calls Project Focus, a previously-announced project to sell off non-core assets and pay down debt.Read More
Target no longer eyeing Circle Centre for downtown store, sources say
With Target out of the picture, the ground floor of the former Carson’s space in Circle Centre will be marketed to multiple retail, restaurant and entertainment tenants, sources said.Read More
The city sees redevelopment of a former middle school property as the linchpin in efforts to revitalize its downtown.
The lawsuit says the men reached an oral agreement in late May 2017 to split the anticipated $1 million development fee evenly, four ways.
The 200,000-square-foot southeast-side project would be constructed for PepsiCo subsidiary P-America LLC, which has multiple facilities around Indianapolis.
A plan to demolish the 91-year-old Drake apartment building and former divisional Salvation Army headquarters will require zoning approval, the city said Wednesday.
The Cook family is holding its cards close to its vest, saying only that it’s “excited to expand operations of (its) businesses to the downtown Indianapolis territory.”
The owners of the 18-acre former Angie’s List campus just east of downtown are relying on a promise of lower rent, connectivity with downtown, and the potential for future nearby development to draw tenants.
The Barrington, which began hemorrhaging money soon after opening in 2013, is being acquired by Indianapolis-based Prairie Landing Community Inc. for $61 million.
MacAllister Machinery’s current operations along West Washington Street span about 6.5 acres, with the purchase of the Kmart parcel next door adding another 8 acres.
Ball State is consolidating operations it had at Meridian Centre and at the Platform at City Market into a building on Pine Street, in the block between East Washington and Market streets.
A north-side community group and a locally based development company are partnering on the two-building project slated for the southeast corner of Illinois and 22nd streets.
A Carmel-based plaintiff has filed a lawsuit against Krieg DeVault, alleging the Indianapolis-based law firm’s failure to file a property deed in 2003 in a transaction involving defunct retailer HHGregg could now cost the real estate company millions of dollars.
Ball State University has vacated its Indianapolis Center at the corner of South Meridian and East Maryland streets, where it has been for 13 years. A bank that’s been embroiled in a legal battle with its landlord is making plans to move its downtown branch to the space.
The company’s shares—like those of many in retail real estate—are out of favor, as investors wring their hands over retail bankruptcies and the long-term impact of e-commerce.
The 1 million-square-foot, six-building office campus adjacent to the Fashion Mall at Keystone sold this week in a deal estimated by local real estate experts to exceed $105 million and possibly much more.
A Kansas City, Missouri-based developer intends to provide a wide variety of spaces for logistics, advanced manufacturing and e-commerce users, with five buildings ranging from 168,480 square feet to 1.2 million square feet.
A Carmel-based developer has reached agreements to acquire 14 homes in a neighborhood along busy 116th Street in Fishers and is planning to redevelop the land.
The two local developers said they hope to start work on a 267-unit apartment project in Glendale Town Center’s parking lot by the end of this year.
Lancer + Beebe LLC has purchased property for a new headquarters on downtown’s eastern edge that also would include retail and residential space.
The Zionsville Town Council voted 4-3 Monday night to reject a 184-unit apartment project proposed just south of the town’s quaint downtown village. A vote on the project ended in a deadlock a month ago.