Workers have ripped out the old fountain and crumbling bricks of Pan Am Plaza, making way for a waterproof membrane and new stone pavers in a Kite Realty Group Trust project to stabilize the plaza until it can pull off a redevelopment.
A division of Simon Property Group Inc. is suing Brisbane, Calif.-based Bebe Stores Inc., claiming the women’s clothing retailer owes it $64,000 in unpaid rent.
The Indianapolis Star plans to sell its headquarters building at 307 N. Pennsylvania St. and seek modern office space elsewhere downtown, the newspaper said Friday afternoon.
Mayor Dennis Buckley on Friday requested the establishment of a community development corporation with a signed proclamation, which will be presented to the city’s development commission for consideration. He hopes to have it operating within the next month.
Check out brand-new renderings of a $23 million residential and retail development planned for the land surrounding the Barton Tower apartments along Massachusetts Avenue between Michigan and East streets.
Developer Buckingham Cos. has taken deposits for all 100 apartments in the first phase of its $155 million CityWay project at Delaware and South streets in downtown Indianapolis.
Indianapolis-based Duke Realty Corp. on Wednesday reported a second-quarter loss of $28.5 million, slightly smaller than a loss of $29 million in the same quarter of 2011.
Klepierre SA, the Paris-based shopping-center landlord that’s 27-percent owned by Simon Property Group Inc., said first-half profit was little changed as disposals curbed rental income growth.
The bank that owns the infamous Di Rimini apartment project is offering more details about its plans to overhaul and finish the development at 733 N. Capitol Ave.
The Indianapolis-based mall giant is benefitting from robust demand for space from retailers in the United States. It's also ratcheting up growth by investing overseas.
Figures from Cassidy Turley showed the suburban market growing by 247,000 square feet while downtown contracted by 68,000 square feet in the first half of the year.
J.C. Penney Co. said Monday that it is selling the bulk of its interest in mall developer Simon Property Group Inc. for $248 million as it focuses on its core business.
Under the five-year deal, Nike will maintain its status as the official outfitter of all student athletes on the 16 varsity sports teams at IUPU. The initial deal was signed in October 2009. Terms of the current agreement were not disclosed.
OK, so an accountant and a tattoo artist start a bar. Except it's no joke. Clearly defined roles have helped the odd-couple co-owners of The Sinking Ship navigate a turbulent startup and land on solid financial ground.
The Mayor’s Office and local mass transit leaders have reached consensus on a site for a $30 million downtown transit center. The preferred location is a city-owned surface parking lot along Washington Street between the City-County Building and Marion County Jail.
Retailer’s operating income is the same as five years ago, even though it has triple the number of stores.
New owner of property bought out of foreclosure seeks city revenue bonds, state low-income housing tax credits.
Wholesale used vehicle prices fell 3.6 percent, to $9,893 on average, in June compared with the same month of 2011, according to data compiled by Tom Kontos, an executive at Carmel-based wholesale auction chain Adesa Inc.
A group of urban policy advocates and bloggers are appealing the city’s approval of a monolithic parking garage, arguing taxpayers footing the bill for the project deserve better.
Jeremi Atkinson was fatally shot in December by a Kroger manager during what prosecutors determined was an attempted robbery. A federal lawsuit filed by Toni Atkinson claims the supermarket chain was negligent for not enforcing a firearms policy.
