Local homebuilder Paul Estridge Jr. has agreed to purchase the sprawling Simon estate on Ditch Road known as Asherwood and is proposing a development of 100 custom homes and an inn on the 107-acre property.
Bruce Baird is leaving the Indianapolis Housing Agency to direct Renew Indianapolis, the not-for-profit that aims to return vacant properties to the city’s tax rolls.
According to First Data, almost 25 percent of the holiday dollars spent over the two-day period came from e-commerce, up from 18 percent last year and nearly 16 percent in 2014.
The Monday after Thanksgiving is traditionally the busiest online shopping day, but stores are releasing internet deals earlier, stretching them through the week, as well as making them available in stores.
Weekend shoppers picked up hot toys, TVs and new Apple products, buying both online and in stores, but spent less per person because of rampant discounting that they’ve come to demand.
A housing analysis the city recently commissioned identified a gap between single-family homes and multifamily apartments–few townhomes, condos, cottages and duplexes in dense, walkable areas.
The beleaguered department-store industry, facing declining mall traffic and mounting online competition, will need more than Santa Claus to get customers in the door this year.
Two local developers have slated the 124-unit project for the same block as one of downtown’s most iconic office towers.
Objecting to the removal of old-growth trees, local environmentalists have blasted plans from the U.S. Department of Veterans Affairs to build a national cemetery on the 15 acres.
Existing-home sales in central Indiana rose 3.6 percent in October amid rising prices and a continuing decline in housing inventory.
Occupancy rates and asking rents are among the key indicators that continue to improve.
Cornerstone Autism Center plans to hire about 30 employees in the next year in the 96-year-old Polk Building, which is undergoing a major rehab by its new owner.
A Marion County Court has stopped an annexation by the town of Brownsburg after finding the municipality did not show that the land it wants to annex was needed for future development.
Investigators say Shawn Bolduc Jr., doing business as American Construction of Indianapolis, pressured the elderly woman into giving him several checks totaling about $50,000 for home repair work that should have cost only a fraction of that.
A new study commissioned by the not-for-profit land bank Renew Indianapolis shows that just a tiny fraction of the city’s population is benefiting from renewed investment.
Amazon.com Inc. has a massive network of distribution centers across the country that includes several fulfillment centers in Indiana. But even those aren’t enough to keep up with demand for fast shipping.
The 94-unit apartment development, which would be built at the southwest corner of Prospect and Spruce streets, would help extend Fountain Square’s core to the east.
Area home builders saw surging demand for new homes for the 11th month in a row in October, the Builders Association of Greater Indianapolis reported Wednesday.
Harley-Davidson plans to construct and open a 43,000-square-foot store in Fishers near State Road 37 and 126th Street in the Reynolds Industrial Park and close its existing north-side location.
Burn By Rocky Patel has agreed to take 5,500 square feet at the corner of Meridian and Maryland streets as mall operator Simon Property Group continues to fill spaces left by the departure of Nordstrom.
