Residential Real Estate: Marketplace Stats for March 29, 2019
The number of active listings in central Indiana—at 5,077 at the end of February—remains low, although it’s 15 percent higher than at the same time a year ago.
IBJ Staff
Articles
IPS sees ‘tremendous market’ for Broad Ripple site, but first needs change in law
Indianapolis Public Schools offered a comprehensive analysis Tuesday, showing strong demand for housing, retail and office development on the 16-acre site of the closed Broad Ripple High School. But that can’t happen without changes to state law.
WTHR-TV looks within to fill news director position
WTHR-TV Channel 13 has filled its open news director position, which was vacated late last year when Kathy Hostetter left the local NBC affiliate.
Area builders file to build fewer homes for third straight month
Last year turned out to be the busiest year for builders in more than a decade, but filings have been slowing since the fourth quarter.
Indiana’s unemployment rate holds firm as labor force ticks up
Private sector employment in Indiana grew by 4,400 in February over the previous month and is up more than 40,400 over the last year, the state said Friday.
Records for March 22-28, 2019
Here are the records listings for the March 22-28, 2019, issue.
Editorial: Hoteliers’ objections up pressure on city to be more transparent
It’s time for the Hogsett administration to put all the numbers on the table. They may be justifiable. But keeping the public in the dark isn’t.
Newfields receives $10M grant to upgrade 100 Acres park
The grant from the Indianapolis-based Richard M. Fairbanks Foundation is designated to improve infrastructure such as bike paths and walking trails, add parking and bathrooms, and create an endowment for maintenance and new art commissions.
EDITORIAL: With move to Circle, IBJ recommits to boldly cover city’s challenges
We are excited to now be doing OUR work with the Soldiers and Sailors Monument right outside our window—the view a constant reminder of our obligation to aggressively and accurately cover our community and hold elected officials and business leaders accountable.
Donnelly lands job as partner at law firm in Washington, D.C.
Joe Donnelly, a Democrat who lost his senatorial re-election bid to Republican Mike Braun in November, will advise clients in the financial services, defense and health care industries, among others.
IPS sells maintenance buildings for $2.75M
The buyer is TWG Development LLC, one of four bidders for the 4-1/2 parcel. It plans to construct 190 market-rate and affordable apartment units and office space.
MD Logistics adds fourth warehouse in Plainfield
The third-party logistics company said it plans to increase its workforce by 50 full-time workers over the next five years.
Indiana’s unemployment rate holds steady
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—stayed at 65.1 percent in January.
Pete the Planner coming to IBJ
IBJ has added comedian-turned-money-man Peter Dunn’s Pete the Planner column to its roster, starting March 15, when it will appear in the paper’s print edition and at IBJ.com.
Fashion retailer with five local stores going out of business
The 44-year-old fashion retailer, which declared Chapter 11 bankruptcy last month, said it would begin liquidation sales at all 416 locations nationwide.
Shake Shack scouting Indianapolis market for restaurant locations
The New York-based chain plans to add 36 to 40 locations this year. It is advertising for Indianapolis restaurant staff but has not announced it is coming.
Candlewood Suites lands $10M in financing
Candlewood plans to use the money for extensive renovations at its 142-room property.
Centier to open Greenwood loan office
Centier is a family-owned bank with 61 Indiana offices, including two in Zionsville and one each in Indianapolis, Carmel, Fishers and Westfield.
Old National CEO stepping aside
Old National has undergone a transformation since Jones joined the bank, shifting from low-growth markets to entering markets that offered a better opportunity for growth.