HEMPSTEAD: Indianapolis approaching important tipping point
Confluence of trends, developments offer special opportunity.
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Three years after opening, Indiana Design Center fills
Tenants include interior designers, artists, kitchen cabinet firms.
Architects, planners brainstorm Indianapolis transit terminal design
Here’s what we don’t know: what it will look like, what amenities users can expect, and how it will link to rapid-transit lines still in the planning stages. At the moment, the 1.9-acre parcel is a city-owned parking lot, situated on the south side of Washington Street between Delaware and Alabama streets. But architecture, urban planning and mass transit fans imagine it as an empty canvas, with the potential to showcase a signature structure that triggers more development nearby.
Bill to toughen state ‘bath salts’ laws advances
The bill would require the state to suspend the business license for a year of any retailer caught selling synthetic drugs or lookalikes.
Office Depot agrees to buy OfficeMax for about $1.2B
The move would combine the No. 2 and No. 3 office supply retailers and lead to consolidation in an industry that analysts say is over-stored. Office Depot has eight stores in the Indianapolis area and OfficeMax has five.
Legislature backs delay for Indiana farmland tax hike
New calculations for property taxes on Indiana farmland would be delayed for a year under a proposal approved by the state Legislature.
REI, Chicago partner picked to build office building at IUPUI
The five-story, $22.9 million building would be constructed on university-owned land at the northeast corner of New York Street and University Boulevard.
Decision could come soon on Don Marsh severance claim
The issue will be decided by Judge Sarah Evans Barker, who presided over a two-week civil trial that saw a federal jury return a $2.2 million judgment against the former CEO of Marsh Supermarkets Inc. late Friday night.
Jury returns $2.2M judgment against Don Marsh
A federal jury returned a $2.2 million judgment against iconic Marsh Supermarkets CEO Don Marsh late Friday, finding that he tapped corporate coffers for personal expenses.
Drywall contractor charged with underpaying employees
An Indianapolis drywall contractor faces criminal charges that he underpaid his employees working on a government housing project, and then falsified documents to cover it up, the Marion County Prosecutor’s Office announced Friday.
Indy-area home sales off to strong start in 2013
Home-sale agreements in the nine-county Indianapolis area spiked 17.2 percent in January compared to the same month a year earlier, suggesting last year's housing recovery continues to gain momentum.
Jury to begin deliberating in Don Marsh trial
The panel of nine will begin closed-door discussions Friday afternoon following closing arguments from attorneys representing Marsh Supermarkets Inc. and the former CEO of the company accused of spending $3.3 million of company funds on personal expenses.
Bankruptcy stops condos’ auction
An Indianapolis developer’s last-minute bankruptcy filing halted the auction of a struggling downtown condominium project.
Witnesses: Don Marsh’s expenses never questioned
Lawyers for the former CEO of Marsh Supermarkets on Thursday hammered home their claims his expenses were widely accepted in the company as normal business costs, while witness testimony revealed a corporate culture that passed the buck on evaluating those costs.
Developer files plans for Washington Street infill
A local developer plans to build a 2.5-story retail and office building on a prominent vacant lot at the northeast corner of Meridian and Washington streets.
Marsh Supermarkets rests case against former CEO
Lawyers for Don Marsh got their first chance to go on the offensive Wednesday after Marsh Supermarkets Inc. rested its case against the company’s former CEO.
A new name and rendering for $30M Ops Center project
The $30 million redevelopment of the former Bank One Operations Center at 451 E. Market St. now has a name: Artistry.
David Marsh defends trips he took at company’s expense
The former Marsh Supermarkets president told jurors: “Every time I used [the plane] I had a time constraint, and my time was valuable to the company.”
Sun Capital execs ‘shocked’ by Marsh financials
Any feelings of satisfaction that Sun Capital Partners executives had after completing the acquisition of Marsh Supermarkets Inc. quickly turned to “shock and surprise,” a managing director of the private-equity firm told jurors Tuesday.
Home-building permit filings continue to climb
Area home-building activity continues to improve as the number of single-family permits filed in January jumped 55 percent from the same period last year.