Preferred vendor WMB Heartland Justice Partners is hoping to resurrect the $1.6 billion project and see it pass the City-County Council on June 8, but a hastily called meeting with council members has the potential to violate the Open Door Law.
The longtime distributor of printing cartridges hopes to fetch $3.3 million for the nearly 3-acre site in the Cottage Home neighborhood. It hopes to stay downtown but in smaller digs.
The Fishers City Council might vote on a resolution Monday night that would extend the economic-incentives deal for the proposed destination brewery and tasting room by two years.
Builders filed 492 single-family permits in the nine-county metropolitan area in April, the Builders Association of Greater Indianapolis said Friday. That's a 10-percent decrease from April 2014.
The Indianapolis-based appliance and electronics retailer on Friday posted a quarterly loss of $25.2 million as sales for store locations open at least a year declined 10 percent.
Flaherty & Collins Properties already is selling a stake in its brand new downtown Axis at Block 400 apartment development to cover expensive cost overruns on the project.
Indianapolis will be the first market where 21c Museum Hotels LLC competes with established art-centric hotels. Yet the company is so bullish about its future here that it expects to outperform its peers by more than 50 percent.
Centier Bank intends to fill the downtown office space to be vacated by First Financial Bank, which recently opened elsewhere downtown.
Angie’s List could hardly be at more of a crossroads, with its longtime CEO departing, its massive east-side Indianapolis expansion withdrawn, and its business model undergoing a tectonic shift.
Area home-sale agreements are up 8.9 percent through the first four months of the year compared with the same time period last year.
The developer of the mixed-use Pulliam Square project intended to salvage most of the building, but as IBJ reported last month, ultimately chose to demolish the structure.
A bridge repair project will soon shut down a ramp linking Interstates 65 and 70 near downtown Indianapolis for two months.
Cleveland-based Red, the Steakhouse has agreed to occupy the ground level of the building at 14 W. Maryland St., last home to 14 West Restaurant and Suites.
The retail sales report also raises the possibility that nasty winter weather can't entirely explain the recent lackluster consumer spending in prior months, since the anticipated spring rebound has not materialized.
Michigan-based Lombardo Homes, which entered the Indianapolis-area market two years ago, is selling nearly 200 local home sites and wrapping up central Indiana operations.
The Fishers Redevelopment Commission is looking for a new two- or three-story building to occupy about a half-acre of land in the Nickel Plate District.
BWI LLC has purchased an industrial property near Fall Creek Parkway and East 38th Street and plans to convert the building into 49 affordable and market-rate units.
The donor-management software firm says it plans to spend at least $8 million building a headquarters complex at Fort Harrison, part of an attractive deal that involves free public land and a roughly $300,000 grant.
City officials in Indianapolis are applauding a vacant housing law signed by Indiana Gov. Mike Pence, despite the fact that it won't let municipalities hold banks responsible for upkeep on so-called “zombie homes.”
The university plans to break ground later this month on the four-story apartment building that will house up to 480 students along the Shelby Street corridor.
