Selling 14 West building proving to be quite difficult
With an asking price in the neighborhood of $4 million and no serious offers, the listing agent attempted to generate additional interest through a “call for offers.”
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Skating academy to close ice rinks at Pan Am Plaza
Indiana World Skating Academy, a fixture in downtown Indianapolis since 1987, plans to suspend operations of its two indoor ice rinks at Pan Am Plaza this month and begin looking for a new location, the not-for-profit announced Wednesday.
Monument Circle face-lift set to move forward
The city recently signed a $555,750 contract with a local firm for design work on the Circle, leading to a two-year repaving project with other improvements.
Charlie & Barney’s ends 36-year restaurant run
Indianapolis chain Charlie & Barney’s, known for its chili, has closed its flagship downtown location, leaving it without a restaurant for the first time since its 1977 founding.
Browning plans apartments for Broad Ripple property
The local developer said it plans 60 to 70 apartments on the northeast corner of College Avenue and the Central Canal as part of a mixed-use development.
Lilly to spend $180M doubling size of Indy plant
The new investment will bring the plant’s total price tag to $320 million as the pharmaceutical giant seeks to increase production of insulin and related products.
Pedcor moving ahead with $13M Central State apartments
The Retreat on Washington would be the developer’s second project at the former psychiatric hospital campus on Indianapolis’ west side.
Appeals court upholds Marsh’s $18.2M award from Roche
The Indiana Court of Appeals upheld an $18.2 million judgment Monday in favor of Marsh Supermarkets LLC on its complaint alleging that Roche breached a contract to sublease space in the Fishers building that houses Marsh’s headquarters.
Whitsett bids to redevelop Star headquarters
One of the city’s most prolific developers of affordable housing hopes to buy the Indianapolis Star headquarters to redevelop the property into apartments or condominiums.
Senators stalling Indiana online sales-tax proposal
Some key state senators are sidelining a bill that would make Amazon.com and other online-only retailers start collecting Indiana's 7-percent sales tax this summer.
Bill would expand state’s historic preservation tax credit
Legislation that was killed last year after passing the Indiana House has been revived this session in hopes of spurring more historic renovation across the state.
Boomerang comes back with plans for Noblesville subdivision
A local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project city officials have OK’d since approving another proposal for the same property in 2007.
Crunching the numbers on Obamacare
The biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier employers have started crunching detailed numbers to cost out their options.
Veteran residential launches own real estate firm
Joe Everhart, who had spent 20 years at the Sycamore Group, opened his own business at 716 Massachusetts Ave.
Land prices creeping up after collapsing in bust
Ultra-cheap residential land is disappearing quickly as home-building activity rebounds from the Great Recession.
RACE: Zoning overhaul might not go far enough
Indy Rezone won’t change the city’s timid approach to planning.
Higher payroll taxes take toll on restaurants
So far, 2013 has been “a roller coaster ride” for Indiana eateries, according the state trade association’s president. Industry observers say a 2-percent increase in the payroll tax is a likely culprit in a nationwide sales decline.
Finish Line hits snag in new running segment
The athletic footwear and clothing company said Thursday that its fiscal fourth-quarter earnings dropped 18 percent due to lackluster sales at stores open at least a year.
$17M senior community planned for Solana project
A Carmel-based developer plans to break ground soon on a $17 million senior-living community south of Keystone at the Crossing dubbed Traditions at Solana.
Purdue: Indiana farmland values still rising
Valuations continue to head north despite last summer’s drought, and farm managers and rural appraisers expect the trend to continue in the short term.