Emerson Heights, a streetcar suburb just west of Irvington, has been added to the State Historic Register and will be considered
for inclusion on the National Register of Historic Places.
Clarian Health Partners is considering converting a long-vacant, 180,000-square-foot Levitz furniture store on East Washington
Street into a center for home-health and pharmacy services.
Deborah Simon is seeking
the removal of her stepmother and appointment of a corporate trustee while her lawsuit challenging changes
to the late billionaire’s will plays out. The move is the latest salvo in an escalating battle over
an estate that could be worth $2 billion.
Sundance Real Estate Holdings and other investors closed on the 37-unit Mansion Row apartments at 2550
Cold Spring Road on Dec. 30.
Steak n Shake Co. said Friday it posted a fourth-quarter profit, and said it is planning to change its corporate name to Biglari
Holdings Inc.
The Mystery Co. in the Arts & Design District plans to host a farewell party Jan. 30, and close for good a few
days later.
Carmel-based developer J.C. Hart Co. is making a $100 million bet that luxury apartment communities will continue to thrive
in Hamilton
County, particularly along 146th Street.
A vacant former Country Inn & Suites along Interstate 69 just north of I-465 is getting a new owner with plans to reopen
the 85-room property in the Spring.
The bill would require pet stores to put information about the dog or cat on its cage in the store, including the animal’s
medical history, the name of the breeder and any congenital disorders.
Locally based Duke Realty Corp. reported a 53 percent drop in funds from operations in the fourth quarter but still managed
to beat Wall Street expectations.
An independent book shop specializing in mystery and suspense novels is closing after a seven-year run in Carmel.
The North by Northwest Business Park near 86th Street and Georgetown Road has been sold to firms in Minneapolis
and Baltimore for $29.6 million.
The east-side Indianapolis kitchen and bathroom remodeling shop is attempting to succeed as a solo operation following longtime
employee Allen Weisenburger’s decision to buy the operation rather than let it close.
Simon Property Group Inc. is suing Bren Simon, the widow of company founder Melvin Simon, over her effort to convert part
of her late husband’s ownership stake in the publicly traded mall giant into common shares or cash.
Home sales statewide rose 4.1 percent in December compared with the same month in 2008, although Marion and Hamilton counties
reported sizable slides.
Simon will fund the purchase with available cash plus proceeds from the sale of $2.25 billion in senior unsecured notes.
Partners in Housing Development seized on a weak real estate market to acquire three urban apartment communities in the last
18 months.
Farmers who might have worried about losing their livelihood
to new homes or retail have gotten a little breather.
Businesses say the money they must pay to provide customers the convenience to use plastic adds up. For example, Ricker Oil
Co. paid a whopping $3.9 million in 2009, according President Jay Ricker.
In Indiana, the Salvation Army owns 34 residences, including 10 in Indianapolis with a combined value of $1.6 million.
