Cabinet designer razes Westfield Boulevard building for new studio
A local custom cabinetry designer bought the building on Westfield Boulevard near East 75th Street last year and finished tearing it down late last month.
Property Management
Articles
More malls turning to unconventional tenants to fill vacancies
Most U.S. malls are still dependent on department stores to draw customers, but with consumers doing more shopping online, retail centers are increasingly relying on restaurants, entertainment amenities and even medical facilities to attract traffic.
Indy property management group accused of discriminating against families
The Indianapolis-based company is accused of discriminating against families by imposing occupancy limits regardless of square footage.
Indiana Repertory Theatre inks 10-year extension to stay downtown
The theater’s new 10-year lease for the 1927 city-owned landmark on West Washington Street hands management duties to IRT and includes an option to renew for another 10 years.
HomeAdvisor CEO on Indy: ‘I didn’t think we’d do this well this fast’
On a recent visit to Indianapolis, HomeAdvisor CEO Chris Terrill spoke with IBJ about the company’s fast-growing local office, its nearby competitor Angie’s List, and the future of the home-services industry.
RoomPlace plans to reopen long-vacant Levitz store, warehouse
Lombard, Illinois-based furniture retailer RoomPlace has acquired the massive and long-vacant Levitz Furniture building on East Washington Street and plans to renovate it into a showroom and warehouse, city officials announced Monday morning.
Mainstreet Health to seek $95M in Canadian share offering
Mainstreet Health Investments Inc. is headquartered in Toronto but controlled by Carmel-based real estate developer Mainstreet Property Group.
Scott Jones offers rooms for rent in Carmel mansion
Tech entrepreneur Scott Jones has made Hawaii his primary residence, so he’s now renting rooms at his 30,000-square-foot Carmel mansion to lodgers through home-sharing site Airbnb.
Hancock County post office closes over safety concerns
The Charlottesville post office has been closed since Feb. 19 and there's no estimated date for when it will reopen.
Buckingham buys downtown Janus Lofts building
The historic building on South Meridian Street downtown is more than a century old and was redeveloped into apartments in 2003.
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.
City’s callout for theater savior gets chilly reception
The city’s attempt to find a partner to manage and redevelop downtown’s historic Indiana Theatre building attracted just one proposal.
Circle Centre reports mixed bag of operating results
Non-anchor retail occupancy for the mall declined from 90.5 percent in 2013 to 89.5 percent last year, while profit and revenue climbed, Simon Property Group Inc. said in an annual operating report to the city.
State picks manager for nearly 7,000 downtown parking spots
Republic Parking System Inc. has won the right to manage 6,100 state-owned downtown parking spaces, as well as hundreds of parking spots at White River State Park, for up to five years.
Mobile home operator accused of discrimination
The Fair Housing Center of Central Indiana this month filed the federal lawsuit against Shiloh Estates in Indianapolis and Colorado-based owner FR Community.
Airport to keep fabric in multimillion-dollar garage-roof fix
The Indianapolis Airport Authority could spend up to $6.5 million designing and building what it hopes is a solution to a parking garage canopy that has failed twice in four years.
Special review panel advances justice center plan
A special review committee, the Marion County Justice Complex Board, voted 4-1 Wednesday in favor of a 35-year, $1.6 billion deal with WMB Heartland Justice Partners, moving the issue closer to a vote by the full City-County Council.
Struggling strip centers reorganizing under bankruptcy
The two centers are owned by Centre Properties and located on the east and west sides of Indianapolis. Meanwhile, in a separate case, a lender is seeking to foreclose on several industrial buildings.
Residents uneasy as violations stack up at park
The mobile home community has received more complaints than any other neighborhood in Johnson County, according to county health department administrator John Bonsett.
Fishers group snags $2.4M grant for assisted living project
The federal funding will enable AHEPA to convert 24 of 74 units at an area apartment complex into assisted-living housing for low-income disabled seniors.