Greenwood apartment complex sold to out-of-state investors for $40M
Copper Chase, one of the largest apartment complexes in Greenwood, received nearly 20 offers, including several from companies looking to make their first foray into the Indianapolis multifamily housing market.Read More
The site is the same one FedEx Corp. had designated for a $259 million distribution center that would have employed 450 workers, but those plans were called off in March 2018.
The next generation of wireless internet will provide super-fast service, longer battery lives and a wealth of capabilities. But it comes at what some view as an aesthetic cost.
Several area mayors say they’ve been meeting to discuss regional cooperation—talks that Hogsett has been a part of—but had not signed off on any plan like the one the Indianapolis Democrat proposed. The Hogsett plan would create winners and losers among counties.
England-based JD Sports Fashion Plc entered the U.S. market in June with its $558 million acquisition of Indianapolis-based Finish Line and says it likes what it sees so far.
Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.
The utility, with more than 300,000 customers in central Indiana, announced a settlement agreement Tuesday with consumer groups.
Three more suburban communities are seeking to impose a food and beverage tax to help fund infrastructure, public safety and quality-of-life improvements.
Two Indianapolis-area subsidiaries of Japanese companies are among hundreds of firms granted permission to import millions of tons of steel without paying the hefty tariff President Trump put in place to protect U.S. manufacturers and jobs.
The investor group behind Tap & Axe, which includes the founder of craft-focused Hoosier Brewing Co., expects to spend more than $500,000 in the end to buy and renovate its 109-year-old downtown location.
The tax would have the biggest impact in Greenwood, where it could generate $2.5 million in 2020 and $2.6 million in 2021.
As part of its effort to add redevelop its downtown, Greenwood is putting an unusual asset to use: a meandering minor waterway that in spots is not much wider than a drainage ditch.
Randy Stocklin, who founded the company with his wife, Angie Stocklin, will remain with the company.
David’s Bridal, a 68-year-old retailer with more than 300 stores, including two Indianapolis-area shops, filed for bankruptcy Monday, with a plan to cut debt by more than $400 million.
The e-commerce giant plans to occupy a 615,440-square-foot building on a 75-acre site along Allen Road near Interstate 65.
The mysterious company that is considering building an $80 million distribution facility in Greenwood and creating 1,250 full-time jobs was revealed Monday night during a city council meeting.
The site for the 180-unit project is somewhat unusual—inside a business park that includes office buildings, a hotel, a Goodwill outlet store and the headquarters of The Garrett Cos.
The company plans to construct a 615,440-square-foot fulfillment center on a 75-acre site that FedEx Corp. once earmarked for a massive distribution facility.
Most of the company’s current business focus—and the majority of its revenue—comes from readers.