The building is on the same block as planned Simon-backed developments for a Ritz-Carlton hotel, Live Nation music venue and Ole Red bar, restaurant and country music hall.
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The acquisitions are within a stone’s throw of the family’s planned hotel and music venue project at the former CSX site.
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The 378-room hotel near Monument Circle is expected to take on an upscale brand owned by Maryland-based hotelier Marriott, as part of a substantial facelift for the property.
Attorneys for co-founders Chris Seger and Drew Sanders disagreed about the impact of the decision.
The Indianapolis-based organization, which serves the Chin community, purchased the 110-acre site with plans for it to become a national destination for church members in 27 states.
During a commission hearing Wednesday, witnesses said Jeremy Tucker defrauded them out of millions of dollars through unpaid loans or forged documents.
Other new developments around the former Angie’s List campus include the purchase of a home at 1149 E. Market St. and the opening of a cafe and bake shop at 1008 E. Washington St.
Property that formerly housed the Bargersville Flea Market could serve as an entryway for a larger mixed-use district offering restaurants, retail and residential components.
Four years after the project was first proposed, the group is still submitting and altering plans for the rest of the project on several former industrial properties along the Monon Trail.
Attorney General Todd Rokita is seeking to revoke the real estate license of Jeremy Tucker, an Avon real estate agent who has been sued dozens of times over local real estate deals.
In the past decade, the zoo has seen substantial growth of its wildlife and educational offerings, with the addition of dedicated exhibit areas for orangutans, kangaroos and, most recently, chimpanzees.
More than 200 residential properties around Indianapolis are connected to at least one of the more than two dozen active lawsuits that investors, lenders and contractors have filed against brothers Jeremy and Joshua Tucker.
Purdue’s purchase of the site—once earmarked for a large hotel and office development—is one of several moves the university has made downtown stemming from the dissolution of IUPUI last summer.
The Indianapolis Airport Authority is expected to consider the deal Friday during its monthly board meeting, although no sale would be finalized until the heliport is fully decommissioned.
Greenfield-based Elanco said the facility has played a vital role in producing a number of product lines for the firm, representing $160 million to $180 million in annual farm animal revenue.
The following information was published in IBJ’s Real Estate Weekly e-newsletter on Sept. 10, 2024.
The agreement calls for Hillenbrand Inc.’s Ohio-based subsidiary, Milacron LLC, to sell the two Ohio properties, then lease them back for about $5 million per year.
The project is expected to include existing and new-to-market restaurant concepts occupying lots ranging from 1 to 2 acres.
The 1.08 million-square-foot complex is expected to sell for significantly less than the $150 million it fetched in 2019, real estate sources told IBJ.
The connected buildings contain 161,500 square feet of office space, which is all leased to the Indiana Department of Health.
The quasi-government entity has secured roughly 9,000 acres of land in Boone County for its LEAP Lebanon Innovation and Research District.
The building’s 58,800 square feet of office and retail space is now mostly vacant, following exits in recent years by Scotty’s Brewhouse, HomeAdvisor and third-party logistics company Backhaul Direct.
