Integra Bank’s auditor says situation may be dire
Monday’s announcement is the latest ominous news for Integra, which is at risk of becoming the second Hoosier financial institution to fail since the financial crisis began in 2008.
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Restaurant roundup: Potbelly, The Sweet Life, Bebop Pizza, 10-01
Several new restaurants including new local names and popular chains are slated to open soon in central Indiana.
Judges to hear challenge to state’s alcohol permit process
A panel of Indiana Court of Appeals judges on Monday will consider a complaint from the Indiana Association of Beverage Retailers, which insists too many competing drugstores are receiving beer permits.
Coupon site targets lunch-pail crowd
Robert Baer and Joel Curts spent five months and almost $15,000—mostly on programming their own coupon platform—to launch DailyLunchDeal.com, a coupon site focused solely on dining.
Construction leader Price resigns posts, sells company
Price resigned as president of Indiana Construction Roundtable and Metro Indianapolis Coalition for Construction Safety.
Duke Realty reports strong year-end results
Duke Realty Corp. reported a fourth-quarter profit almost 70 percent above last year's figure as it closed out its best leasing year since 2007 and finished with its highest annual portfolio occupancy rate since 2004.
Fix-up list is long as Indianapolis prepares for 2012 Super Bowl
Plenty of opportunities await city officials bent on making downtown shine for the massive event.
Bren Simon fires attorneys in estate dispute, appeals ruling
Bren Simon is poised to replace her outside legal team in favor of a heavy hitter from Chicago as she appeals two courtroom setbacks in Hamilton County.
Bill advances to set 40 as Indiana’s alcohol ID age
The bill would change a much-ridiculed law that took effect last summer requiring everyone — regardless of age — to be carded for carryout alcohol.
Historic Chadwick building coming down after fire
Workers are tearing down what’s left of an historic downtown apartment building after a two-alarm fire this morning.
Brenwick turns over commercial sales, leasing at Village of West Clay
Ambrose Property Group, a commercial leasing and development company headed by former Duke Realty Corp. broker Aasif Bade, took over for Brenwick, which is primarily a residential developer, at the beginning of the year.
St. Louis firm pursuing local retail, industrial properties
Bianco Properties has purchased its fourth Indianapolis property in less than five years and is pursuing more deals here.
Zionsville retirement village plans $32 million expansion
Hoosier Village Retirement Center in Zionsville announced plans Monday morning for a $32 million project that will expand its campus and allow the center to add 50 full-time workers.
Vote on North of South project’s bond financing delayed
The city’s Economic Development Committee, which was set to vote on the downtown project’s $98 million bond financing package on Tuesday, chose to wait until February after making a few changes.
City push on building codes draws gripes
A vigorous effort by city officials to enforce building-safety codes has some concerned that it’s becoming tougher to revitalize older properties.
New restaurants line up along 82nd Street
A second Harry & Izzi’s location is set to open on the stretch between Castleton Square and the Fashion Mall.
Investment firm buys former bank branch
C.H. Douglas & Gray will relocate to 71st & College building previously owned by PNC Bank.
Legislation seeks RFP option for selling state land
The bill would allow the Indiana Department of Administration to sell real estate using a request for proposals, in addition to existing options for competitive bids or an auction.
Analyst says spurned Simon still has plenty of potential
Simon Property Group Inc. used multibillion-dollar buyouts to become the nation’s largest public real estate company. So should investors be worried its last two acquisition bids have gone bust?
NAI Olympia vets join brokerage startup Alliance
If Alliance grows as fast as projected, it could break into the city’s top-10 largest commercial real estate brokerage companies for 2011, based on IBJ’s Book of Lists.