Lilly, Simon receive top philanthropic awards
Two global companies based in Indianapolis have been recognized for their philanthropic efforts.
Real Estate
Articles
HVAC company heats up sales in cool economy through acquisitions
Doubling annual sales might seem an impossible feat in a recession, but at the modest office of Williams Comfort Air and Metzler’s
Mr. Plumber, it is a reality.
In recession, commercial brokers struggle to determine property values
Few commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers who say it’s becoming increasingly difficult to determine the value of properties.
Developer wants to turn project into apartments, offices
A local developer is hoping to convert an unfinished eight-story luxury condo project downtown into a mostly affordable apartment
building with its headquarters on the top floor.
Developer plans apartments at 707
A local developer hopes to convert the unfinished eight-story 707 E. North St. condo project into a mostly affordable apartment building…
Sad news out of Madison
The 154-year-old Jefferson County Courthouse caught fire last night, and the damage looks serious. Workers were finishing up renovations in preparation for Madison’s bicentennial next month. You can follow Twitter updates from the Madison Courier here. The…
Kroger eyes Altum parcel
Kroger is looking at land in Zionsville for a new store. The Cincinnati-based grocer is in talks with the owners of Altum’s Garden Center along Michigan Road between 106th and 116th Streets,…
Binford medical complex takes another punch
The anchor tenant in the Binford Medical-Professional Office Complex at the corner of 65th Street and Binford Boulevard has closed temporarily, citing a lack of other tenants in the high-profile medical building. The shut-down is the latest in a string of setbacks for what was to have been a five-building, $29 million development. The Binford […]
Recession slows the creation of a self-contained Boone County community
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
Flaherty selected to revitalize Barton, Lugar tower sites
Locally based Flaherty & Collins Properties plans to build retail and residential space on land that surrounds two downtown public housing towers.
Interior designers win right to receive certification
Interior designers in Indiana, who have been pushing for the chance to become certified, finally got their wish.
Bankrupt firm’s creditors unlikely to rubber-stamp sale
Norwood Promotional Products Inc. suggests it’s positioned to sail through bankruptcy, thanks to a pending-sales agreement. But creditors, owed nearly $300 million, are expected to balk.
Owner has gourmet vision for Za
The proprietor of a planned new pizza joint called Za in Broad Ripple, Michael Keenan, says he has enlisted an all-star…
Around town pizza roundup
Couple of pizza-related nuggets:
A new pizza restaurant called ZA is planned for the former Slinky women’s clothing store near 62nd Street and College Avenue in Broad Ripple. Plans call for the restaurant…
Touring the JW Marriott complex
The developers of the new JW Marriott hotel complex gave photographer Robin Jerstad and me a tour of the $425 million project earlier this month….
What to do with the old airport
A group of eighth grade girls from a local charter school spent all day Friday learning about real estate and developing plans for reuse of…
Lauth needs financing, real-estate recovery to emerge from bankruptcy
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said.
REITs get boost, not scorn, for selling cheap shares
Here’s more evidence we’re in strange times: Indianapolis’ real estate investment trusts have been issuing hundreds of millions
of dollars of stock at woefully low prices—and getting a pat on the back from their shareholders for doing so.
Historic windows join landmark list
The Historic Landmarks Foundation of Indiana has added four structures and an architectural feature to its annual list of
the 10 Most Endangered Hoosier landmarks.
Longtime Fall Creek shop cuts bait
Fall Creek Bait & Tackle is closing after 42 years in business.