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.
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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.
Architectural firm A2SO4 ordered to cease operations
The Indiana Department of Revenue has revoked the Indianapolis firm’s retail merchant certificate, alleging it owes more than $43,000 in taxes.
LA Fitness proposes facility for corner of 86th and Ditch
A 41,000-square-foot LA Fitness could replace two vacant commercial buildings including the former home of Cinema Grill at the southeast corner of 86th Street and Ditch Road.
Downtown projects face crucial hurdles
Two downtown apartment projects seek critical government approvals in the next month, while another commercial project is on track to start this year.
CIB cuts price on Ober Building after inspections
The Capital Improvement Board of Marion County has agreed to slash its sale price on downtown's Ober Building by $700,000 after inspections showed problems including a leaky roof and damaged HVAC system.
Marsh pilot says he flew former CEO to see mistresses
At least twice a month during the year 2000, the pilot told jurors, he ferried Don Marsh to New York City to visit one of his mistresses. Marsh Supermarkets is suing its former CEO in an attempt to recoup more than $3 million in what it claims are personal expenses.
Influential Marsh director wraps up week’s trial testimony
St. Elmo Steakhouse owner Stephen Huse testified that directors had a hard time keeping Don Marsh focused on a potential sale of the company as it teetered toward insolvency.