The Interview Issue: Steve Pittman
The Hamilton County developer says real estate is a “very competitive” and “very entrepreneurial” pursuit.
Real Estate
Articles
VA buys land in Crown Hill Cemetery for columbarium
The Department of Veterans Affairs has purchased nearly 15 acres in the cemetery to establish the columbarium for the cremated remains of veterans, spouses and family members.
Developers pitch two more downtown apartment projects
Buckingham Cos. is proposing to build a 111-unit apartment project on a surface lot north of the Central Library, while a group called Citadel Holdings Co. wants to construct an 80-unit development to the east.
Airport to auction 320 acres of land for development
The land, which the airport authority said it no longer needs for aviation uses, will be sold in tracts to enable the largest possible number of potential buyers to bid.
Large games-oriented bar close to scooping up Circle Centre space
Denver-based Punch Bowl Social, which features old-school pursuits like bowling, billiards, skee-ball and Pac-Man, is nearing a deal to take up to 30,000 square feet of former Nordstrom space.
Another town votes against joining Mounds Lake commission
The Yorktown Town Council voted 6-1 Monday against joining the commission for the propised $450 million Mounds Lake reservoir, a week after a similar rejection by the Daleville Town Council.
Business lunch spots to savor
There’s no shortage of places to have a great lunch in central Indiana. But where do you go to close the big deal? IBJ asked locals where they like to go when it’s all on the line.
DTZ switch to Cushman sows market confusion
Rival brokerage Summit Realty Group has been using the Cushman name through its participation in the Cushman alliance. But it has agreed to terminate that affiliation.
Retailers pen worker wish lists for holiday hiring rush
Macy’s Inc. plans to hire about 85,000 seasonal workers ahead of the holidays, while other national retailers like Walmart and Kohl’s aim around the 60,000 range.
Transcript: IBJ Commercial Real Estate and Construction Power Breakfast
Indianapolis Business Journal gathered leaders in the state’s commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 10.
Historic 500 racing garage to be renovated
Indiana Landmarks plans to raise the funds to refurbish the fabled but dilapidated building north of West 16th Street that served as the Boyle Racing garage from the 1920s through the 1940s.
Simon proposing major Circle Centre revamp
Simon Property Group Inc. is proposing an estimated $20 million in improvements to Circle Centre mall, which spurred a downtown renaissance when it opened 20 years ago this month but now is showing signs of struggle.
Craft breweries rush to open outposts in northern suburbs
Small breweries are tapping the northern Indianapolis suburbs. Four have opened just this year, essentially doubling Hamilton County’s craft beer market. And that growth is expected to continue.
Zoo land deal for more parking sets table for expansion
The Indianapolis Zoo’s landlocked grounds prevent it from expanding. But leaders think they have found a solution—by joining the ownership group that wants to build an outdoor concert venue on the former General Motors stamping plant site across West Washington Street.
Cummins’ $30M divisional HQ will make statement
The building under construction on the former Market Square Arena site will be modern, with a calibrated glass facade and abundant green space.
Turkey breast prices jump after bird flu creates shortage
U.S. restaurants and retailers are facing a shortage of turkey-breast meat, with prices at a record high. The nation’s worst outbreak of avian influenza is to blame.
Historic downtown office building sold for $9 million
Minneapolis-based Onward Investors LLC has purchased the 93-year-old building on East Washington Street and is planning a major renovation. The new owner hopes to attract a restaurant to the first floor.
Roundup: Cidery in the works; Big Lug opening next month in Nora
Ash & Elm Cider Co. plans to open early next year in space along East Washington Street on the near-east side, while Big Lug Canteen should start serving beers next month from the old Snooty Fox building in Nora.
Area homebuilders see slight uptick in permit filings
Builders filed 456 single-family construction permits in the nine-county metropolitan area in August. That's a 2-percent increase from August 2014 and a 4-percent rise from the previous month.
Tini bar on Mass Ave expanding into space above
The once-tiny cocktail bar is expanding again–this time into space above its street-level storefront to free up room for dancing during the weekends.