The owners of a downtown skyscraper badly damaged in a 2006 storm are suing their insurance company after it halted payments
on a facade-replacement project. The suit, filed April 1, accuses the insurance company of a “bad faith” attempt to avoid
paying for repairs to the 36-story One Indiana Square building at the northeast corner of Pennsylvania and Ohio streets.
A three-year project to build a new convention headquarters hotel along West Street now is scheduled to begin on June 1, immediately after the Indianapolis 500, said Mike Wells of developer REI…
Former Indiana University assistant men’s basketball coach Ray McCallum has been hired as the University of Detroit Mercy’s new head coach.
UDM athletic director Keri Gaither made the announcement today during a press conference…
As a senior at Lawrence North High School, Greg Oden was the most televised high school player since LeBron James. And he hoped to be a small screen star after he became a…
ResQ Pure Power Energy Drink, a recently launched product, will sponsor Sarah Fisher and Sarah Fisher Racing for this year’s Indianapolis 500. Financial terms of the agreement were not disclosed, but motorsports sources…
Many Indiana University fans probably wondered why the man sitting next to Eric Gordon at Monday’s press conference looked familiar. Gordon told the world he was leaving IU for the NBA while sitting…
The ATP is considering placing its name across the nets at all of its tournaments, a groundbreaking move that is drawing criticism from tournament promoters.
As a test, the men’s tennis circuit placed its…
An auction this month could strip locally based
Premier Properties USA Inc. of most of its real estate holdings.
The Indianapolis Indians announced today they have signed a four-year extension on their player development contract with the Pittsburgh Pirates. The new agreement runs through the 2012 season.
Indianapolis posted a 224-205 regular-season mark during…
Duke Realty Corp. is laying off 45 employees this week – about 3.3 percent of its work force – as the local company copes with a giant drop in development starts. The layoffs include about 20 workers at the company’s Indianapolis headquarters, leaving about 540 local employees. After the cuts, the company will have about […]
News from the city’s development industry has been grim lately. Duke Realty Corp. joined the layoff parade this week, dropping 45 employees (including 20 locally). In January, Lauth laid off 80 employees,…
The Indiana Pacers are in two races: one to make the playoffs and the other to keep their average home attendance above 12,000.
Last night against the Atlanta Hawks–arguably their biggest game of the…
Indiana-Purdue Fort Wayne officials have been trying to schedule a game with Indiana University for the last three years. Putting IU on the schedule would be an important recruiting tool, bring immediate marketing…
Donnie Walsh has spent the last few days in Indianapolis cleaning out his Conseco Fieldhouse office and gathering his belongings to head back to New York where he will begin his post this…
A local developer hopes to add restaurants and retail space and possibly a hotel to Pan Am Plaza to capitalize on a growing convention center and the new Lucas Oil Stadium. Kite Realty Group Trust joined with Sacramento, Calif.-based Coastal Partners LLC to buy the plaza and two adjacent ice skating rinks from Indiana Sports […]
The NCAA and National Basketball Association announced today from the site of this year’s Final Four in San Antonio that they are going in business together.
As reported in the March 17 Indianapolis Business…
A local developer hopes to add restaurants and retail space and possibly more to Pan Am Plaza to capitalize on a growing convention center and the new Lucas Oil Stadium. Kite…
NASCAR rookie Michael McDowell owes Indy Racing League leaders—and especially Tony George—a measure of gratitude.
If not for research funded by the IRL and George, and led by the University of Nebraska, McDowell, 23,…
The Indiana Repertory Theatre has won a $3-million grant from the Lilly Endowment to fund renovations of the Indiana Theatre building at 140 W. Washington St. IRT plans to…
Executives at locally based Duke Realty Corp. fielded questions for years about what was taking so long with Anson, a $1.4 billion residential, retail and industrial development along Interstate 65 in Whitestown. Not anymore. A string of blockbuster new tenants including MedcoHealth Solutions Inc. and Amazon.comInc. have fired up interest in the 1,700-acre project, particularly its industrial component known as Allpoints at Anson. Together, the companies plan to invest more than $175 million-Medco is building an automated pharmacy and Amazon…
