Old Indianapolis baseball stadium now a junk yard
A salvage company is leasing the Bush Stadium field from the city parks department to store vehicles it collected in the federal
Cash for Clunkers program.
Real Estate
Articles
Noble Roman’s reports profit despite lower revenue
Indianapolis-based Noble Roman’s Inc. said late Monday that it posted a third-quarter profit of $459,535, or 2 cents per share—a 44-percent improvement over the same period last year. But revenue for the quarter fell to $1.9 million, from $2.2 million in 2008.
Duke Realty’s chief operating officer resigns
Indianapolis-based Duke Realty Corp. announced Monday that its chief operating officer will leave the company at the end of
the year.
Van Rooy scoops up troubled complex
Van Rooy Properties plans to spend $5.5 million renovating a 277-unit west side apartment complex that it acquired a month
ago in an unusual deal.
The Nature Conservancy sets green example with new HQ
The Nature Conservancy’s new $10-million headquarters has enough environmentally friendly features to qualify for the highest
level of LEED certification.
A peek at the future: Nature Conservancy’s ‘green’ HQ
Work is on schedule for a new headquarters for The Nature Conservancy of Indiana, which includes a variety of first-in-Indianapolis
"green" features. Tour the building
through IBJ’s narrated slideshow.
Wal-Mart gets into the casket business
Batesville Casket Co., the world’s largest manufacturer, says it’s watching, but isn’t worried.
Obama to sign homebuyer, jobless assistance bill
President Barack Obama is set to sign a $24-billion economic stimulus bill providing tax incentives to prospective homebuyers
and extending unemployment benefits to the longtime jobless who have been left behind as the economy veers toward recovery.
IURC conducts review of Centennial’s telecom service
Every neighborhood has its battles, but the 1,017-resident Centennial subdivision in Westfield is embroiled in one of the
most unusual: a very public fight over the adequacy of its phone, Internet and video service.
IUPUI mulling options for old Wishard Hospital site
The most obvious use for the old Wishard site is an expansion of the Indiana University School of Medicine, particularly for
medical research space, university administrators said.
Allen Plaza developer bullish on downtown, eager for next project
J. Greg Allen sees the $14 million Allen Plaza renovation as a message to city leaders that he intends to leave
a lasting mark on downtown.
Kite Realty takes big write-off, dragging down quarterly results
Kite Realty Group Trust reported a 70 percent drop in funds from operations for the quarter ended Sept. 30, after the Indianapolis-based
developer wrote off the entire book value of a Dallas strip center.
Companies fined over death at convention center site
The Indiana Department of Labor has completed its investigation into the death of a construction worker at the expansion site
of the Indiana Convention Center and fined four local companies a total of $31,000 for safety violations.
Former Smith-Holden Music employees open new Bloomington store
Two key employees of the recently closed store in downtown Bloomington have opened their own venture,
Melody Music Shop.
Failed Charlotte skyscraper brings Indianapolis developer back to earth
The Flaherty & Collins project—dubbed 210 Trade—would have been the tallest residential building in the Carolinas, with more floors
than any building in the region except the Charlotte headquarters of Bank of America Corp.
Steak n Shake and the new NEA chief
Should Biglari take Landesman’s remarks as praise where he can get it, or consider them an insult?
Retail sales tick up for second consecutive month
Consumers, enticed by cooler weather, early holiday discounts and an improving economy, spent a little more in October.
HHGregg’s quarterly earnings, sales jump
HHGregg reported a rise in quarterly profit and sales Thursday morning that exceeded analyst expectations, despite a decrease
in same-store sales.