The Department of Metropolitan Development issues a request for proposals due by April 16 to develop a parcel near 16th and Dr. Martin Luther King Jr. streets. An attempt last year by Opus Development Corp. to build a project there anchored by a Meijer store failed.
Ardizzone Enterprises Inc. in Beech Grove is preparing to open a two-building, 63-suite office complex on U.S. 31 south of Interstate 465. The company has invested $4.2 million in the project.
Simon Property Group Inc. is reaching into its own stable of executives to stock the C-suite of its publicly traded spinoff for retail strip centers and smaller enclosed malls.
The owner of Castleton Place, a shopping center in one of the city’s busiest retail areas, is the target of a $5 million foreclosure lawsuit by a lender that seeks to have the property placed in receivership.
Zeke Turner, the 36-year-old CEO of Mainstreet Property Group LLC—who frequently sports a boyish grin and a bold-colored dress shirt, but rarely dons a tie—said he’s “just getting started” in transforming the staid nursing home industry.
The south side is beginning to receive at least some attention from grocery players, including specialty ones that are much more prevalent to the north.
A collaboration of not-for-profit community development corporations, or CDCs, has released a plan targeting four sections of the street, from Interstate 65 to Sherman Drive, that could be transformed in the next five to seven years.
For almost 18 years, the Indianapolis Indians have poured tens of millions of dollars into Victory Field while the city has spent hardly a dime.
The announcement from the Nebraska-based outdoor retailer comes five years after it abandoned plans to build a store near Interstate 65 and County Line Road in Greenwood.
Metropolitan Development Commission members this time voted to approve the project on North College Avenue after a bizarre procedural twist last time prompted a re-vote.
Now that Mayor Greg Ballard is lobbying to build a criminal justice complex on part of the property—a use not included in any of five initial proposals—one hopeful development team believes it’s time for the public to see what it envisions for the site.
Indianapolis Director of Enterprise Development David Rosenberg met with west-side residents Tuesday evening to explain the city’s preference for putting a new criminal-justice complex on the former GM stamping plant property.
The central Indiana home-construction industry saw a small rise in business in February, the Builders Association of Greater Indianapolis reported Tuesday.
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.
The tan brick building on the courthouse square in downtown Lebanon was the Boone County Jail from 1938 until 1992.
La Mulita, a cantina-style restaurant, is moving into the SoBro building that houses Delicia, Artisano’s is taking the last available space at Nora Shops West, and Tinker Street is expected to open this summer on East 16th Street.
A powerful House Republican secretly lobbied colleagues in the final hours of the 2014 session last week to kill a measure that would have been disastrous for his family's nursing home business.
The Indianapolis City-County Council voted 18-9 Monday night to provide up to $23 million in city financing for the project, with the stipulation that 30 percent of the workers hired to build the 28-story building live in Marion County.
The vacant, 14,500-square-foot property in the heart of the city has been purchased by a local home-remodeling company, which plans to occupy half the building and lease the rest.
Pending home sales in the nine-county area slid 22.8 percent in February compared with the year-ago period. That was only a slight improvement from the 31-percent fall recorded in January.
