Brewery proposed for $4.8M project in downtown Fishers
City officials are considering incentives for the two-story project, which would feature a restaurant and brewery on the first floor and office space for lease on the second level.
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Family entertainment venue planned for Westfield
After scouting locations in Noblesville and Westfield, two Westfield-based companies selected a site just to the south of State Road 32 for a family entertainment complex and multi-family housing project.
Casino operator proposes $650M development on airport site
The complex, called American Place, would contain Indiana's smallest casino, 1.2 million square feet of retail space, 200 condominiums, 25 high-end hotel suites, a conference and performance center, offices, a movie theater with moving seats and a health club.
Popcorn retailer launches building expansion in Broad Ripple
Just Pop In, which has been a fixture on Guilford Avenue since 2003, will consolidate the store with kitchen and packaging operations a few blocks north as part of a major construction project.
Bingham partner Solada often a key player in zoning disputes
Lately, Maryt Solada has been mixing it up by representing grass-roots groups opposed to a wide range of controversial projects that have grabbed the public’s attention.
Developer seeks tax break on $7.9M Fountain Square project
Deylen Realty is requesting the abatement to offset the cost of building Forte, a 64-unit apartment-and-retail project on part of a surface lot that had been owned by the city.
IPS puts Mass Ave bus facility on block
The school system is expecting a flurry of interest in the 11-acre site—dominated by a former Coca-Cola bottling plant—as development opportunities in the popular cultural district dwindle.
Downtown skyscraper sales reset valuations
Four high-profile downtown office towers that recently attracted out-of-state buyers have become embroiled in disputes over their property tax assessments.
Ambrose handing DTZ property management biz
Ambrose Property Group LLC is spinning off its property management division to DTZ, one of the largest real estate firms in the city.
Fishers faces shortage of offices for small businesses
For businesses looking for small offices, Fishers is practically booked up. The demand for office spaces of 5,000 square feet to 10,000 square feet has ramped up recently in the fast-growing suburb, but supply hasn’t kept pace.
Duke Realty sees higher profit on lower revenue
Duke Realty Corp. saw higher profit in the second quarter, but a drop in funds from operations and lower revenue, the Indianapolis-based real estate developer said Wednesday afternoon.
Kite reports higher quarterly profit, revenue
Indianapolis-based Kite Realty Group Trust reported quarterly profit that beat analyst expectations and raised its guidance for the year.
$8M project slated for Fall Creek Place
The development would be built on land at East 22nd and Delaware streets owned by King Park Development Corp. and would feature 47 market-rate units and 9,000 square feet of retail.
Simon sees jump in cash flow, sunny skies ahead
Simon Property Group Inc., the largest U.S. mall owner, on Friday reported a 22-percent jump in second-quarter funds from operations and increased its full-year forecast as rising employment helps lure shoppers.
Double 8 closes four remaining grocery stores
Declining revenues were too much of a challenge to overcome, the local grocer said in a statement. The chain opened its first store in 1957.
Giant Eagle drops plans to demolish historic Cumberland church
After a drawn-out battle with the town of Cumberland, Giant Eagle said that it won’t pursue plans to demolish the St. John United Church of Christ to build a gas station and convenience store on the property.
Owner of 3 Indiana casinos sells real estate in $4.7B deal
The deal will create a combined real estate investment trust that will own 35 casino and hotel facilities in 14 states, including three in Indiana.
Indianapolis-area office market showing signs of a rebound
Stronger absorption in the metro area is pushing vacancy down and rental rates up, mid-year office reports show, even though downtown’s vacancy rate remains above 20 percent.
Suit over Simon tactics details Ann Taylor arm-twisting
New York-based Ann Taylor has provided nearly 30,000 pages of documents in response to discovery requests related to why it signed a lease in 2006 to open a Loft store in a competitor's shopping center, only to reverse itself two years later and instead open at Simon Property Group's nearby University Park Mall.
Vacant IPS buildings draw bids from developers
Five of the six buildings that Indianapolis Public Schools put on the block last month have attracted offers, with bidders appearing to lean toward renovating several as apartments.