Area residential builders see 14th straight month of falling permits
The local homebuilding industry continued to see a slump in demand for new houses in central Indiana in February.
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Business leaders fight plan to close downtown heliport
The Hogsett administration told IBJ it now plans to conduct an analysis to determine the benefits and challenges of the 4.9-acre site.
Indiana’s ‘$1 Law’ to expire under amended charter school bill
In addition to providing Indiana charter schools with access to more state and local funding, the bill would sunset a law that requires public school districts to sell or lease vacant or unused instructional buildings for a single dollar to public charter schools.
Land donated by famed crossword puzzle editor to become Indiana park
The 47-acre parcel is owned by Will Shortz, a Crawfordsville native and longtime crossword puzzle editor for The New York Times, who grew up on the land he is donating for the project.
Building across from future Eleven Park site expected to house new restaurant
A local entrepreneur is in the early stages of redeveloping a 5,400-square-foot building, anchored by a pizza restaurant, directly south of the Indy Eleven and Keystone Group stadium district project at the former Diamond Chain Manufacturing Co. site.
Harvest Market planning grocery store at former Marsh location in Carmel
Quincy, Illinois-based Niemann Foods Inc. has filed plans to build its first Harvest Market grocery store in Indiana in a 75,000-square-foot space vacated by Marsh Supermarkets in 2017.
Kroger confirms plan to build $37M Marketplace store in Fishers
Plans call for the 120,000-square-foot store to fill a site formerly occupied by defunct grocery Marsh Supermarkets and replace a much smaller Kroger store across the street.
IBJ Podcast: Are apartments the future of downtown Indianapolis?
Joining the podcast this week are apartment market specialist George Tikijian, real estate developer Eric Gershman and Deputy Mayor Scarlett Andrews.
Kroger again planning grocery relocation at busy Fishers intersection, study says
Kroger plans to move from its store at 7272 Fishers Crossing Dr. across Allisonville Road to the site of a former Marsh Supermarkets store, according to a consultant’s study commissioned by city officials.
Sales of existing homes still slumping in central Indiana
Residential real estate sales in the 16-county area have fallen on a year-over-year basis for the past 13 months and have seen double-digit percentage decreases for eight straight months.
Multifamily projects lead to bigger-than-expected surge in residential construction
The pickup points to signs of budding optimism that the worst of the housing rout may be near.
Becknell planning 1.1 million-square-foot industrial building on Marion-Shelby County line
The project would sit directly west of the Marion County-Shelby County line, across Carroll Road from a new, 850,000-square-foot warehouse for discount retailer Five Below.
Wilshaw developer admits withholding info about SEC troubles
Town of Speedway officials and residents on Monday night learned a development firm involved in its long-delayed $36 million Wilshaw hotel project purposely withheld details of a settlement reached last year with federal securities regulators.
Speedway’s Wilshaw project facing more delays after developer fails to disclose SEC trouble
Town of Speedway leaders are pumping the brakes on a proposed $2.5 million loan to help pay for the long-delayed Wilshaw hotel project after learning that one of the companies involved wasn’t forthcoming about federal fines for past business dealings.
IEDC paying premium for farmland for Boone County tech district
The quasi-government entity has secured roughly 9,000 acres of land in Boone County for its LEAP Lebanon Innovation and Research District.
Editorial: IEDC’s big spending in Boone County is investment in Indiana’s future
So far, the public criticism of the land purchases is less about price and more about whether the state should be buying the land at all.
Downtown Crowne Plaza hotel slated for $15M renovation
The 273-room hotel’s owner is gearing up for the renovation as planning continues for an expansion of the Indiana Convention Center and construction of a connected 800-room Signia by Hilton Hotel a block to the north.
Woof Gang Bakery & Grooming planning four stores in Hamilton County
Woof Gang, founded in 2007, is a specialty retailer of pet food, supplies and professional grooming services. The chain has about 200 locations open or under development in the United States.
Amazon pauses construction on 2nd phase of HQ2 campus in Virginia
The company has already hired more than 8,000 employees in the Arlington, Virginia, area and will welcome them to Met Park campus, the first phase of development, when it opens this June.
Leo’s Market, combining fuel and fresh food, to open fourth Indy-area store
Siblings Stephanie White-Longworth and Keith White opened the first Leo’s Market and Eatery in 2019 at 2212 W. Main St. in Greenfield using proceeds from an earlier venture.