Downtown’s Landmark Center sells for $23 million
New Jersey-based Fairbridge Properties bought the 12-story downtown office building from Ambrose Property Group, which purchased it out of receivership and invested $8 million in renovations.
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Renderings updated for spiffy Marott Center addition on Mass Ave
Gershman Partners should start construction in the next few months on a four-story addition to the Marott Center at the foot of Mass Ave.
Finish Line off to strong start in latest fiscal year
The Indianapolis-based retailer of athletic apparel posted earnings that exceeded analyst expectations, as profit and revenue both grew in the quarter ended May 30.
Numerous construction projects planned at Indiana University
Work is almost complete on the $53 million School of Global and International Studies at Indiana University, just one of more than a dozen construction projects on the school's docket.
Carmel eyes plan for traffic nightmare at Keystone and 96th St.
City officials hope to start construction in 2017 on a nearly $32 million teardrop roundabout that would bridge through traffic over 96th Street.
Developer pins comeback on $11B project
Sidelined real estate developer Christopher P. White is hoping to make a triumphant return with an $11 billion—yes, $11 billion—proposal for the GM stamping plant site and areas surrounding it.
If only HHGregg could rewrite its stock-buyback history
The struggling appliance and consumer electronics retailer, must be suffering from a bout of buyer’s remorse these days after plowing more than $150 million into share repurchases over the past four fiscal years.
Lilly Endowment pledges $5M for city plaza revamp
The announcement follows the October unveiling of the design for the City-County Building plaza overhaul, which is expected to cost $10 million.
Supreme Court upholds key tool for fighting housing bias
The Supreme Court handed a surprising victory to the Obama administration and civil rights groups on Thursday when it upheld a law used for more than four decades to fight housing discrimination.
Fountain Square abode is awash in color and playful touches
Fine artist Kyle Ragsdale grew up in Texas and spent years in New Mexico. But when it came time to put down roots in Indianapolis, where he’s lived since the 1990s, he chose the Fountain Square neighborhood.
Hidden gem: Bates-Hendricks neighborhood drawing attention
The blue-collar neighborhood adjacent to Fountain Square suddenly is becoming hip among first-time homebuyers.
Former Bluebeard chef Adams to start Fountain Square eatery
Also a tastemaker at Plow & Anchor, John Adams now is teaming with retail broker Brian Epstein to open Marrow in Fountain Square, where Maria’s Pizza was located.
Justices suspend Indy lawyer who ran $19M Ponzi scheme
Indianapolis attorney Charles Blackwelder already has pleaded guilty to a real estate scam in Hamilton County that involved more than 300 elderly Hoosiers.
Library hires first architects for $58M in new branches, upgrades
Trustees have selected Indianapolis architectural firms to design the first two of six new branches scheduled to be built between 2016 and 2022.
Report: Simon attempts to sell holdings in rival Macerich
If true, the move could signal that Indianapolis-based Simon Property Group no longer is interested in acquiring the rival shopping-mall owner.
Rockstone pizzeria opens downtown, with Nora locale coming
The Rockstone is operated by Sahm’s restaurant chain owner Ed Sahm, who is expanding the wood-fired pizza concept beyond downtown and Fishers.
GM plant property goes back on block
A big chunk of the former General Motors stamping plant site near downtown will go back on the market July 1 now that the city’s plans to build a criminal justice center there have fallen through.
Mixed-use Anson gains momentum after slow start
The Great Recession put the $1 billion Duke Realty Corp. project years behind schedule, but progress picked up again in 2011 and 2012. A tipping point for momentum was the long-anticipated Meijer store’s opening in 2014.
Zionsville project lands Fresh Fare grocery
Developer Steve Pittman spent two years securing a specialty grocery as an anchor tenant after presenting the $90 million mixed-use project dubbed “The Farm” to Zionsville officials.
Indy-area home sales hit 4-percent skid in May
Home transactions in Hamilton County posted the biggest decline. But central Indiana sales for the first five months of the year are still up 9 percent from the same period last year.