Articles

Sparks fly at Simon estate hearing

Details of years of squabbling between family members of the shopping mall magnate Mel Simon have begun to emerge in a court
battle over the late billionaire's estate.

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Several new restaurants coming to Indianapolis

Several new restaurants have filed plans to open in the Indianapolis area, including a replacement for the long-vacant Bahama Breeze along 96th Street, and a new pizza joint in the Century Building downtown.

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Update: Rendering of new CSO headquarters

Plans for a new headquarters for locally based CSO Architects will mean new life for a vacant eyesore at Keystone at the Crossing.
Check out the rendering showing the company's vision for the 24,000-square-foot former Bally Total Fitness facility.

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Trustee sues real estate exec for $115M

The founder of an Indianapolis real estate firm is accused of preying on longtime friends to help a Miami man perpetrate a
$900 million Ponzi scheme. Sydney “Jack” Williams persuaded more than a dozen Indiana investors to lend millions
of dollars at high interest rates to a food brokerage firm called Capitol Investments USA Inc.

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Bond swaps cost city units $93M in penalties

Wall Street bankers for decades sold municipalities like Indianapolis on debt instruments called swaps as a safe way to reduce
borrowing costs and hedge against rising interest rates. In reality, the swaps were complicated bets that relied
on misguided assumptions, and taxpayers paid.

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$69M in upgrades planned for Bayh Federal Building

Government officials and construction contractors today unveiled several planned upgrades for the Birch Bayh Federal Building
and U.S. Courthouse downtown. The $69.3-million project is slated for
completion by August 2012.

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Indianapolis retail roundup

Catch up on news about a new retailer, new locations for existing retailers and a couple of restaurant moves in the latest
installment of Around Town Retail Roundup.

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