Whitsett changes name; Milhaus launches division
The Whitsett Group LLC has changed its name to TWG Development LLC, and Milhaus has created a division to manage properties it develops.
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Articles
Pan Am Plaza hotel may sweeten bowl bid
Indianapolis officials hope to include plans for a new downtown luxury hotel in their bid for the 2018 Super Bowl, but they’re not sure all the pieces for a deal—potentially on Pan Am Plaza—can be put together before a bid presentation for 32 NFL owners in May.
Tesla luxury electric car seeking outpost at Fashion Mall
Tesla Motors Inc. is eyeing space in the Fashion Mall at Keystone and is seeking a zoning variance to sell cars there and to install charging stations within the parking garage.
Roundup: Brewstone latest casualty at snakebitten Clearwater site
Bar-restaurant lasts less than two years at former Music Mill spot; Starbucks taking new spot in Nora Plaza; Hamilton Town Center lands new tenants; and more.
Zionsville believes in power of small loans
The town has started supporting tiny business loans in its tax-increment financing district.
Indianapolis suburbs connecting the dots with trails
About 500 miles of trails already cut through Hamilton and Boone counties—including 125-plus miles in Carmel—and countless more are on the drawing board as suburban leaders strive to appeal to residents who want connected, walkable communities.
East 10th Street home not your typical modular
Veteran custom homebuilder Ursula David moved into her modular home about a month ago and has eight more lots available in the Cottage Home Neighborhood.
City targets east-side parcel for housing development
The city hopes to seek bids to redevelop land along East Washington Street that is part of the four-acre P.R. Mallory industrial complex. Real estate experts say an affordable housing project might make the most sense.
Johnson County, Franklin near end of buyouts after 2008 flood
After the final buyouts, a total of 107 homes will have been razed with about $8.5 million in federal funds.
Lids tries to regain glory following fashion shift
Genesco’s hat unit now has reported four consecutive quarters of declining same-store sales—an unusual malaise for a business that from 2001 to 2006 posted a miraculous 19 straight quarters of increased same-store sales.
Wal-Mart steps up grocery ambitions
The Indianapolis grocery market is about to become even more competitive, as discount giant Wal-Mart embarks on a strategy to offer consumers a store design much cozier than its cavernous supercenters.
Indy joins national protest over fast-food wages
Fast-food workers in 50 U.S. cities, including Indianapolis, plan to walk off the job Thursday in an attempt to ratchet up pressure on McDonald’s Corp., Wendy’s Co. and others to raise wages.
Developer picks unusual spot for new hotel
A former office and warehouse is being converted into a modestly priced hotel along West 16th Street, about a block east of the Stadium Lofts project.
Bif Ward leads real estate teams list yet again
Count ’em. Five years in a row that Bif Ward has led the All-Star Teams. In 2011 and 2012, the F.C. Tucker Co. team raked in $104.5 million, up from $94.5 million in 2010 and 2011.
Wynkoop is top-selling local real estate agent
Scott Wynkoop placed first for a second year in a row in IBJ’s annual list of All-Star Agents. Wynkoop sold $56.9 million worth of homes in 2011 and 2012, up from the $45.7 million he sold in 2010 and 2011.
Carmel home has a room for everything
Rich and Renee Ackley’s home live both large and small, large because of its 10,000 square feet, and small because of its “fairy garden.”
New homebuilders take root in Indy after downturn
Out-of-state builders scooped up lots during the housing downturn, and now are watching their gambles pay off as they become major local players.
Drought didn’t stop Indiana farmland value growth
High net farm income, low interest rates and high farmland demand with supply combined to increase land values upward by 14.7 percent to 19.1 percent, depending on productivity, according to the study.
Denver firm snaps up Greenwood property for $15.7 million
The acquisition of the 450,000-square-foot distribution center is another sign of the improved health of the Indianapolis area’s industrial market.