Two Indianapolis developers plan to break ground this week on a new Greensburg hotel catering to
The project, by locally based Street Corner Group and The Worthington Group, is adjacent to the $550 million Honda plant.
breaking ground this week
…
The Indiana Worlds Skating Academy has agreed to a 9-month lease extension for its space at Pan Am Plaza. The organization will remain downtown at least until April 2008, said Academy Executive Director…
Five leaders of Indiana’s life sciences industry offered their perspectives at the Indiana Convention Center June 26 as part of the Indianapolis Business Journal’s Power Breakfast Series. The panelists: Mike Arpey, managing director of global investment bank Credit Suisse’s Asset Management Division and manager of the $73 million Indiana Future Fund for BioCrossroads, the state’s life sciences economicdevelopment initiative. Ron Ellis, co-founder, president and CEO of Lafayettebased Endocyte Inc., a biotechnology company focused on the treatment of cancer through receptor-targeted…
After years of designing banks, churches and condo conversions, Prince/Alexander Architects Inc. is working
with unnamed partners on a plan to replace its headquarters with a $47 million, 24-story hotel and condo development called
West Merrill Tower.
The nightstand clock reads 5:17. Too early to wake up. But hey, I’ve been tossing and turning for hours, so why lie here any longer, pretending? The cause for this night’s insomnia is money. Money for two kids starting college. Money to replace the Money to paint the house. Money for employees’ salaries. Money for employees’ parking. Money for employees’ retirement. Money for employees’ health insurance. Money for their families’ health insurance. Money to get the yellow highway paint off…
Since mid-2005, Brugge Brasserie’s beer tanks have been operating at full capacity–pouring out 400 barrels of its signature
Belgian brew each year. Now the Broad Ripple gastro-pub is aiming higher. Brugge owner Ted Miller is set to start producing
a line of 10 bottled beers–plus seasonal specialties.
The Arts Council of Indianapolis and the Indianapolis Cultural Development Commission recently launched a campaign to encourage individuals and businesses to buy art from local artists. I couldn’t agree more with the message. In addition to the “Be Indypendent, Buy Indy Art” stickers you’ll no doubt see all over town soon, the campaign includes a Web site, www.beindypendent.org, with a downloadable “how to” guide, plus links to the Arts Council’s artist database that includes the work of more than 400…
North-siders are set to get even more shopping and dining options in the coming months. Several new retailers have filed plans to open new stores in the Fashion Mall at…
Check out the new look for the former Junior Achievement building at 21 Virginia Ave. The office building is getting a new name, 500 Festival Building, along with a renovation in…
Downtown’s historic Canterbury Hotel apparently has been sold. An announcement of the deal for the 12-story hotel at 123 S. Illinois St. is scheduled for Monday. At a gathering of Wholesale District…
Karstadt Reed Cleaners, an institution on North Illinois Street since 1898, will close later this month. Steve Stevenson, the owner for 45 years, says business has been “pretty bad.” The company is known…
The Department of Metropolitan Development is seeking two independent appraisals of Old City Hall, the historic building that has housed the State Museum and now houses the interim Central Library. In…
Four months have passed since neighborhood pressure helped defeat a second proposal to develop 70 acres at the north end of Crown Hill Cemetery. A partnership of environmental groups including Indy…
Keep Indianapolis Beautiful is planning to renovate a vacant industrial building in Fountain Square to serve as its new headquarters. The not-for-profit will seek LEED certification for the 25,000-square-foot building…
Huntington Bancshares is giving up its local headquarters in Capital Center downtown now that it has completed its $3.6 billion purchase of Sky Financial Group. The 100 employees based at Capital Center, 201 N. Illinois St., will move to a Sky-owned office building at 45 N. Pennsylvania St. Sky bought the building last year as part of its $321 million purchase of locally based Union Federal Savings Bank. Bowling Green, Ohio-based Sky announced it was being purchased by Columbus, Ohio-based…
The Steak n Shake Co. may not be delighting diners these days, if slumping sales are any indication. But you can bet the privateequity crowd is salivating. Investment pros say the Dallas-based investment group that recently amassed a big stake in Steak n Shake surely isn’t alone in hungering to take the Indianapolis-based diner chain private. “Some … funds make their money by identifying underperforming companies that have intrinsic value which can be unlocked,” Motley Fool columnist Timothy Otte wrote…
A significant Indianapolis sporting event with international appeal is preparing to celebrate its 100th anniversary in 2011. The Indianapolis 500? Well, yes, that too. Far less-wellknown and recognized is that the origins of elite-level competitive tennis in Indianapolis also date back to just after the turn of the century … the last century, that is. Records show that the Western Tennis Championships, which led to the U.S. Clay Court Championships, which led to the U.S. Hardcourt Tennis Championships, which led…
Property Lines recently took a tour of the Glendale Mall construction site and got an update on progress. Check out a photo gallery of the tour and the latest rendering
A couple of prominent local businesses have shut down in recent weeks. Corner Gourmet at 1474 W. 86th St. apparently has closed. The phone numbers for both the shop and owner…
A developer is negotiating individually with 77 condo owners to buy a community called Lakes at the Crossing that sits near the Fashion Mall. Gershman Brown & Associates has…
