Michael Browning never envisioned he’d still be in Indianapolis after arriving nearly 40 years ago from South Bend. But the Detroit native and University of Notre Dame grad bought a business here and became one of the city’s biggest developers.
Instead of building new medical office buildings, cost-conscious Indianapolis-area hospital systems have the past few years opted for space in existing buildings.
A tract of land for sale at the northeast corner of Interstate 465 and Keystone Avenue has languished on the market for nearly four years despite its high visibility in one of the glitziest parts of the city.
After running a closed-door procurement in which the three bidders were allowed to shape the city’s final requirements for building the Marion County Justice Center, two proposals came in above the city’s ceiling payment of $50 million for the first full year.
Effort in Indianapolis will try to entice manufacturers to rethink areas they abandoned.
The company missed out on a rare opportunity that would have brought dozens of high-end malls into the fold, but it still has solid growth opportunities without the $23.2 billion deal, analysts say.
A Minnesota-based investment group that for months has been waging a campaign to oust Sardar Biglari from atop Steak n Shake’s parent company weathered a resounding defeat Thursday afternoon.
A-Son’s Construction Inc. plans to consolidate its operations into an existing structure whose location is under wraps for now.
The first franchise location for Punch Burger will be at 12525 Old Meridian St. in space that formerly housed When Eddie Met Salad. It’s expected to open in July.
The store closings amount to about 2 percent of the 8,232 Walgreens drugstores it runs in the United States, Puerto Rico and the U.S. Virgin Islands.
Ambrose Property Group wants to test the waters to see if the 130,000-square-foot segment of the 500 N. Meridian office complex might be better suited for the hot residential rental market.
A special review committee, the Marion County Justice Complex Board, voted 4-1 Wednesday in favor of a 35-year, $1.6 billion deal with WMB Heartland Justice Partners, moving the issue closer to a vote by the full City-County Council.
Several opponents, meanwhile, say the decision should be made by a referendum rather than a vote of the Indianapolis City-County Council, currently scheduled for April 20.
The Fishers Banquet & Conference Center was acquired at a sheriff’s sale Wednesday morning for just more than $1 million by an undisclosed buyer.
The 6,000-square-foot facility in North by Northeast Shopping Center will not interfere with Sun King’s hopes to open a much larger brewery and event center about a half-mile away. The bigger facility is on hold while legislators debate a bill over brewery production limits.
Senate Tax and Fiscal Policy Committee members voted 8-5 Tuesday to support eliminating the boards that establish construction wages for each state or local project.
TWG Development LLC has abandoned plans to save most of the headquarters after deciding that renovating the oddly configured structure would be too difficult.
A Republican member of the Indiana Ports Commission says he's resigning in protest of Gov. Mike Pence's support for a GOP-backed effort to repeal the law that sets wages for public construction projects.
Real estate investors are cashing in on the local office market quicker than expected as properties change hands at prices not seen since before the recession.
In the state’s fastest-growing county, Boone, the two fastest-growing towns both hope to stake a claim to unincorporated Perry Township.
