Jonathan Byrd’s diversifies, moves north
Jonathan Byrd’s has for years been quietly expanding beyond its successful restaurant and catering company in Greenwood. Now, it is shifting most of its attention to Hamilton County.
Real estate deals
Articles
Speak Easy to make downtown’s Morrison Opera Place its second home
The not-for-profit co-working organization based near 52nd Street and College Avenue said it plans to open a location in the historic downtown building as soon as August.
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.
Two tracks of negotiations helped seal huge Salesforce expansion
Tech talent and naming rights on the state’s tallest building were key factors that helped Indianapolis secure an 800-employee hiring commitment from Salesforce.com this month.
Pittman family properties in $2.4M estate could be auctioned
Heart surgeon John Pittman’s offspring have been feuding in court since September about how to handle real estate in Carmel and Zionsville.
Salesforce as top tenant makes tower more marketable, expert says
With Salesforce.com establishing a 250,000-square-foot regional headquarters in the soon-to-be-christened Salesforce Tower Indianapolis, the building should become much more alluring when its owner shops it for sale.
More filling: Craft brew craze adds body to real estate market
A study from CBRE says that by summer more than 50 microbreweries will be operating in the Indianapolis area and occupying space that otherwise might have remained vacant.
UPDATE: Apartments, parking garage planned on Mass Ave adjacent to Athenaeum
The mixed-use project would include more than 65 apartments, retail space and a 229-car garage on what is now a surface lot.
City seeks to lead redevelopment of downtown IPS site
The Hogsett administration is in discussions with school administrators to take over decision-making on the 11-acre Massachusetts Avenue property and might even buy the site.
152-room hotel pitched for south side of downtown
The owner of Tow Yard Brewing hopes to build the eight-story hotel, which would feature 6,000 square feet of retail and four levels of parking, next to the downtown microbrewery.
Big southwest-side industrial project begins approval process
The 2.2-million-square-foot development would add to the growing inventory of industrial buildings, which is causing vacancy in the sector to tick up.
Old National moving local base to Monument Circle
The Evansville-based bank has secured space in the IPL Building and plans to relocate local executives and a downtown branch there this fall.
Gershman buys Lockerbie Marketplace block downtown
A mostly historic four-building commercial property that encompasses an entire city block near Massachusetts Avenue has changed hands.
IPS board postpones vote on proposals for Mass Ave site
Originally set to vote Thursday, board members decided they needed more time to examine proposals for redeveloping the former Coca-Cola bottling plant site and to get feedback from neighbors.
‘Scrappy’ developer Ambrose winning big projects
The eight-year-old firm is set to break ground in the spring on a $45 million medical facility in Mishawaka for the U.S. Department of Veterans Affairs, is partnering with Old Town Development to build a $33 million headquarters for Allied Solutions LLC in Carmel, and soon will build a $20 million office building for Stanley Security in Fishers.
Simon agrees to buy $1.1B mall in Las Vegas
The pending deal would help the Indianapolis-based real estate firm solidify its retail holdings in the tourism mecca.
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.
Three Duke office parks might fetch $500M-plus
Three of the Indianapolis area’s highest-profile office parks, including the two largest in the North Meridian submarket, are expected to fetch as much as half a billion dollars when they hit the market next month.
Eight buildings change hands in local real estate deal
A commercial real estate package consisting of eight warehouses and 42 acres of land in the Indianapolis area has been acquired in a deal estimated to be worth more than $144 million.
Milhaus touts tech-focused offices, 450 residential units for Mass Ave site
High-profile startup High Alpha is helping Milhaus Development identify potential anchor tenants for the office portion of its proposed 825,000-square-foot project along downtown’s Massachusetts Avenue.