Flaherty & Collins execs joined city officials Wednesday morning to break ground on the $121 million, 28-story downtown development, which was renamed 360 Market Square. Design changes have shaved about 70 feet from the tower’s originally planned height.
The state-funded study looked at the cost and environmental impact of the proposed 2,100-acre Mounds Lake reservoir, which would be formed by putting an earthen dam on the White River in Anderson, with an estimated cost of $440 million.
The Republican-controlled House Labor Committee voted 8-4 Tuesday in favor of eliminating the boards that set construction wages for each state or local project costing more than $350,000.
The Senate Tax and Fiscal Policy Committee unanimously supported a bill requiring certain special-purpose properties to be assessed based on the cost of construction for the first seven years.
Buyers signed deals for 1,702 homes in January, a 4.7-percent gain over the same month last year. Average home prices and the inventory of listed homes each inched up about 1 percent.
After buying 500 N. Meridian in June, Ambrose Property Group has snagged three major tenants from OneAmerica Tower.
The chain will occupy 2,500 square feet on the ground level of the 3 Mass building at the head of the bustling avenue and should be open within the next few months.
Executives of Flaherty & Collins Properties will join city officials Wednesday to turn dirt on the site, kicking off construction of the $121 million, 28-story apartment project anchored by a Whole Foods store.
Groveland Capital said in a regulatory filing late Thursday: “[Steak n Shake's] operating performance with Mr. Biglari at the helm has been worse than that of those predecessors he so criticized in 2008!”
In July, Tiffany Turner and her husband, Steve Young, bought Kennedy Hardware, a three-decade-old enterprise that’s a superstar in its sales niche—supplying highly specialized bits of hardware for rehabilitating antique furniture.
Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.
Plans to build a gas station and convenience store on the site of the historic church received a positive recommendation Thursday, moving the matter to the Metropolitan Development Commission next month.
Builders filed 318 single-family permits in the nine-county metropolitan area last month, a 6-percent increase from the previous January.
The owners of the popular pie place founded in Irvington hope to have their third spot operating by mid-April, just down the street from Triton Brewing Co.
The proposal to legalize Sunday carry-out alcohol sales in Indiana now could force grocery stores and pharmacies to follow the same regulations as liquor stores.
John Morrell Food Group, one of the oldest meat manufacturing firms in the nation, plans to build and equip a massive refrigerated distribution center just east of Indianapolis.
SteadyServ, the local firm behind the iKeg smart beer-management system, now plans to move into at least six new markets outside the Midwest.
The retailer is asking the city to rezone nearly 11 acres on County Line Road near Emerson Avenue to build the store, fueling center and tire center.
The bill comes as assessors around the state worry that recent Indiana Board of Tax Review decisions in favor of Meijer and Kohl’s will force them to slash the value of big-box stores during the upcoming spring assessment cycle.
Beside beer joints, a breakfast cafe is coming to the Switch development in Fishers, while a couple of Texas Roadhouse-owned restaurants are putting down stakes on the south side.
