Hotel Broad Ripple developer planning ‘green’ features
A local company is finalizing plans for a 22-room hotel between Westfield Boulevard and the Monon Trail in Broad Ripple.
Cory Schouten
Articles
Retail giants hope to cash in on local flavor
National retailers from Macy’s to Walmart, Best Buy to Lowe’s—brands built on national scale and buying in bulk to lower costs and muscle out competitors—are offering a new proposition to customers: Help us become more local.
Keystone plans mixed-use project on Madison Avenue
A local developer is planning a $2 million mixed-use project for a vacant parcel along Madison Avenue just south of downtown.
New renderings just in: Buckingham’s North of South
The local developer Buckingham Cos. just filed detailed plans of its $150-million North of South development, including street-level renderings of most of the proposed buildings.
Phase 10 inventor folds in dispute over top-selling card game
The inventor of the world's second-best-selling card game has settled a lawsuit with Fundex Games, the Plainfield company that markets and distributes Phase 10.
City gaining one paved parking lot, losing another
As parking lots go, it will be one of the city's nicest. Perimeter landscaping. Tree islands to break up 354 spaces. Smart light fixtures. But the new pavement proposed for the former home of Market Square Arena also is an admission of failure.
Turkey Hill chain targets Indianapolis
A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.
Federal Home Loan Bank suing major players
The Federal Home Loan Bank of Indianapolis has filed suit against some of the nation’s largest financial institutions, including Bank of America, Wells Fargo and J.P. Morgan Chase, to recover losses on a $3 billion portfolio of mortgage-backed securities.
Home Loan Bank sues over losses on $3B mortgage portfolio
The Federal Home Loan Bank of Indianapolis is suing some of the nation’s largest financial institutions to recover losses on a $3 billion portfolio of mortgage-backed securities.
School acquires remainder of former Herron Art Institute
Herron High School has acquired the parts of the former Herron Art Institute it did not already control, including the historic Fessler Building and a parking lot, from Minkis Builders for about $500,000.
Mike’s Express Carwash sued in family feud
Mike’s Express Carwash and its principals, Bill and Mike Dahm, sons of founder Joe Dahm, are facing a lawsuit in Hamilton Superior Court brought by Jerry Dahm, a cousin who owned 35 percent of the company until May.
Roundup: Jockamo, Red Habanero, Black Market, Candy Bouquet & more
Several new restaurants and stores are coming to Indianapolis just in time for the holiday rush.
Fresh rendering: $7.6M senior apartments and retail
Keystone Construction plans to break ground next week on a $7.6 million senior apartment building at 10th Street and Keystone Avenue.
City’s Conrad hotel investment starts to pay off for taxpayers
The city put up $25 million for the hotel, restaurant and condo development at the corner of Washington and Illinois streets, including $3.75 million in exchange for the economic equivalent of an 8-percent stake.
McOuat: Before and after
Check out the progress on the McOuat Building after a five-month exterior renovation.
Judge: Bren Simon can take some distributions from estate
A Hamilton County judge will allow Bren Simon to take about $3.3 million per year of the estimated $43 million in annual dividend and interest income from her late husband's estate.
Election Board agrees to lease former Marsh store
The Marion County Election Board has agreed to lease about 41,000 square feet in a former Marsh store along East Washington Street for an election services center.
Di Rimini violations reveal holes in process that relies on trust
Brazen violations of city design guidelines and state building codes by the developer of the Di Rimini apartments cast a spotlight on what is essentially an honor system of regulation for developers once they win approval for their projects.
Downtown apartment developers take divergent paths to financing
J.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
Kroger drops plans for Michigan Road store
The locally owned landscape center Altum's said in a note to customers last week that Kroger has withdrawn plans to build a new grocery store on the nursery property on the edge of Carmel.