Hancock Health leads development of 160-acre mixed-use campus
The health care company has expanded its reach over the past seven years to become a master developer for a sprawling project on the south side of Interstate 70 in western Hancock County.
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Cities seek limits as out-of-state investment firms gobble up homes
Communities across central Indiana are taking notice as out-of-state investment companies continue to increase their market share of single-family houses and convert them to rentals.
Existing home sales in 2024 fell to lowest level in nearly 30 years
Elevated mortgage rates, rising home prices and limited inventory have kept prospective homebuyers out of the market.
Housing advocacy groups see hope in bipartisan evictions legislation
Advocates say the legislation will help reduce the harm eviction filings can have on renters seeking housing, particularly in Marion County where the eviction rate is high.
Local flight school looking for new spot after eviction notice from Greenwood airport
Jeff Air Pilot Services LLC said Thursday it was notified last week of the city’s plan to terminate its lease in March after 14 years of operation at the airport.
Chatham Home furniture and gifts store to exit downtown for Carmel
In business in the Mass Ave neighborhood since 2011, Chatham Home is aiming for a July opening in Carmel’s Arts & Design District.
Beautification project to bring updated entrances to Indiana State Fairgrounds
Beautification and renovation projects totaling about $39 million are in the works for entrances to the Indiana State Fairgrounds.
Hogsett team remains upbeat as MLS discussions grow quiet
There’s been little public movement on the pursuit of a Major League Soccer club since the city last August asked the state to create a new taxing district to pay for a soccer-specific stadium.
La Margarita restaurant to move to Factory Arts District
The Mexican eatery will serve customers at the Murphy Art Building through Feb. 8 before moving. A March opening is planned at Factory Arts District.
Existing-home sales in central Indiana finish 2024 with December surge
Closed existing-home sales in the 16-county area rose only slightly from 2023 to 2024 despite a strong finish to the year.
Purdue unveils first plans for $187M Academic Success Building in Indianapolis
Purdue University’s new multi-use building planned for the northwest corner of Michigan and West streets in Indianapolis is expected to rise 15 stories and open in 2027.
Council committee OKs $2.3M in TIF bonds for two apartment projects
A pair of apartment projects on Dr. Martin Luther King Jr. Street near the under-construction Indiana University Health hospital campus received initial approval for tax-increment financing bonds Monday evening.
Steer-In restaurant eyes reopening after health department shutdown
A customer’s sighting of a mouse in Steer-In’s dining room led to a call to the health department, restaurant co-owner Casey Kehrer said.
Town houses provide chance to fill ‘missing middle’
The typically two-, three- or four-story residence that ranges in size from 1,800 to 2,300 square feet and shares a wall with a neighbor often appeals to people looking for a less-costly option than a single-family home or to people looking to downsize.
Carmel Music Center, one of city’s oldest retail businesses, to close in February
Carmel Music Center’s owner has sold his 105-year-old building on Main Street to the owners of an Indianapolis home goods store.
City, developers unveil plans for City Market’s western plaza
Gershman Partners and Citimark plan to collaborate on the overhaul with the City of Indianapolis, which will spend about $15 million to improve the Indianapolis City Market’s western plaza with green space, outdoor seating and an indoor-outdoor cultural exhibit centered on the underlying Indianapolis Catacombs.
Eight Indiana coal sites offer ‘substantial opportunities’ for nuclear plants, per new Purdue study
Purdue officials announced in May that the university was selected to study small nuclear technology and how it can potentially be used to power Indiana in the future.
Q&A with Catherine Esselman on reimagining real estate
Esselman spoke with IBJ about her experiences running a solo firm and why she loves finding tenants for underused spaces.
Report shows more than 1,800 heirs’ properties without clear titles in Marion, Allen counties
The new report by the Federal Home Loan Bank of Indianapolis and Black Onyx Management found more than 1,800 heirs’ properties — land or property passed down among family members without a formal will or estate plan after the owner’s death — collectively valued at more than $258 million in Marion and Allen counties.
Big Lots says it found a buyer that will keep some stores open
It was unclear Friday how many stores could remain open in total. Indiana has more than 40 Big Lots locations, with a dozen in the Indianapolis area.