A $33-million apartment and retail project along the canal downtown caught fire early this morning. The Cosmopolitan on the Canal project, by Flaherty & Collins Properties, had been nearing completion on a site bordered by the canal, Senate Avenue, Michigan…
Wrecking crews this week tore down the Best Rentals building at 123 N. New Jersey St. The most recent plans
for the space, revealed to city planners…
The West Coast fast-food stalwart Jack in the Box is looking to expand to Indianapolis this year. The San Diego-based burger chain plans…
The end of C.P. Morgan, the largest
central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
The closure of home builder C.P. Morgan Communities already is a nightmare for its employees and many of its customers. But its impact on the market for new-home sites could be devastating and linger for years. The end of C.P. Morgan, the largest central Indiana builder for a decade, will throw 1,200 home lots and […]
The new 1,000-room JW Marriott convention hotel is rising fast at West and Washington streets in anticipation of a grand opening in March 2010. The $425-million complex also calls for a Courtyard by Marriott, SpringHill Suites and a Fairfield Inn…
The federal government is hoping the third time’s the charm for a newFBI field office in Indianapolis. The U.S. General Services Administration said today it has awarded thedeal to Ohio-based Fedcar Company Ltd., which plans to build a$39.8-million campus on 14 acres near Interstate 465 and AllisonvilleRoad in Castleton. The deal has been a bureaucratic […]
The federal government is hoping the third time’s the charm for a new FBI field office in Indianapolis. The U.S. General Services Administration said today it has awarded the deal to Ohio-based Fedcar Company Ltd., which plans to build a $39.8-million campus on 14 acres near Interstate 465 and Allisonville Road in Castleton. The deal […]
An iconic flatiron building on Massachusetts Avenue downtown has a new owner nearly three years after the property first went on the market, IBJ’s Chip Cutter reports…
The Indianapolis Housing Agency has received five bids from teams interested in developing new residential or commercial space on land surrounding two prominent public housing towers. The agency had asked for proposals for land adjacent to the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story Lugar Tower at 901 Fort Wayne […]
The Indianapolis Housing Agency has received five bids from teams interested in developing new residential or commercial space on land surrounding two prominent public housing towers. The agency had asked for proposals for land adjacent to the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story Lugar Tower at 901 Fort Wayne […]
The private Todd Academy plans to move into a historic building at the northwest corner of East and New York streets in Lockerbie Square. The building is…
C.P. Morgan Communities, the most prolific builder in the Indianapolis area for a decade, plans to shut down for good tomorrow, another victim of the worst housing slump in a generation. “This is one of the most difficult decisions I’ve ever had to make,” owner Charles P. Morgan said in a statement. “With home prices […]
C.P. Morgan Communities, the most prolific builder in the Indianapolis area for a decade, plans to shut down for good Feb. 27, another victim of the worst housing slump in a generation. “This is one of the most difficult decisions I’ve ever had to make,” owner Charles P. Morgan said in a statement. “With home […]
A local hospitality supply firm has refreshed its 106-year-old building at 640 N. Capitol Ave. with a new coat of paint, a power wash and a five-foot-tall…
The bookstore chain Borders Group Inc. is looking for a replacement tenant for its 22,000-square-foot store at the corner of Meridian and Washington streets downtown. The Ann…
Bookstore chain Borders Group Inc. is looking for a replacement tenant for its 22,000-square-foot store at the high-profile corner of Meridian and Washington streets in downtown Indianapolis. The Ann Arbor, Mich.-based chain is marketing the property to potential replacement tenants but has made no final decision on whether to close, said Borders spokeswoman Mary Davis. […]
Bookstore chain Borders Group Inc. is looking for a replacement tenant for its 22,000-square-foot store at the high-profile corner of Meridian and Washington streets in downtown Indianapolis. The Ann Arbor, Mich.-based chain is marketing the property to potential replacement tenants but has made no final decision on whether to close, said Borders spokeswoman Mary Davis. […]
One of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business based in Indianapolis.
Indiana University has released a master plan for its Bloomington and Indianapolis campuses that suggests some dramatic changes over the next several years. The plan…
