Developer in downtown hotel project sues bank in rift over relocating branch
Loftus Robinson plans to transform the 16-story tower into a 130-room Kimpton-brand hotel. But it says it has hit a snag with moving Centier Bank from the ground floor.
Mickey Shuey
Articles
Town of Speedway buys PNC building to renovate for new government center
The town of Speedway said it will use the 40,000-square-foot building to centralize some of its existing offices, which are spread across several nearby buildings.
Funeral home company acquires west-side industrial building
Flanner Buchanan, an Indianapolis-based company with more than a dozen funeral home locations in central Indiana, recently acquired the 32,000-square-foot building near the Riverside area.
Developer scraps plan for $22M downtown hotel, citing costs
Sun Development & Management Corp said the 11-story, 150-room project slated for a surface parking lot along South Meridian Street turned out to be “cost-prohibitive.”
New restaurant expected to open in Union Station space
The venue will occupy more than 23,000 square feet in the historic railroad station, in the area that housed Cadillac Ranch and the Bartini’s lounge before they closed in 2017.
Area’s largest apartment complex sold in five-property deal worth $121 million
The new owners have renamed the five Indianapolis-area properties and plan to spend at least $29 million on renovations and upgrades.
ESPN pleased with college basketball tipoff event at Bankers Life Fieldhouse
The NCAA men’s college basketball season got underway here Tuesday night with two top-10 matchups in the Champions Classic.
Developer eyes mid-2019 for completion of $2M Fall Creek townhouse project
The project by Litz & Eaton Development Co. will add five new, 2,100-square-foot townhomes to the southwest corner of North Delaware Street and Fall Creek Parkway South Drive.
Townhomes planned on former service-station site in Fountain Square
The project is slated for an odd triangular parcel along one of Fountain Square’s main arteries as the neighborhood’s resurgence continues.
Indiana Historical Society names CEO to replace retiring Herbst
The CEO of the Connecticut Historical Society will take over the post in late January, marking the first leadership change at the organization in more than a dozen years.
Developer to revamp 50-year-old, south-side apartment complex
Birge & Held plans to rehabilitate the 304-unit community and target low- and moderate-income renters, who face a shortage of affordable housing.