IndyGo to build $4 million training facility on north side
The city’s transit system plans a 3,500-square-foot building where it will educate new hires and fill-in drivers ahead of the introduction of the new Red Line route.
Mickey Shuey
Articles
Proposed redevelopment of firehouse in Butler-Tarkington finally coming into focus
After many months of delays and discussions with neighborhood residents, the proposal to remake station No. 16 is on its way to a city board for approval of zoning changes.
Pacers promote longtime Fever exec Krauskopf, giving NBA its first female assistant GM
Kelly Krauskopf, a significant player in Pacers Sports & Entertainment for 19 years, will relinquish her duties as head of the group’s esports initiative to join the front office full time.
Seafood restaurant planned for hotel across from Bankers Life Fieldhouse
The new locally developed seafood eatery is one of four retail tenants that have agreed to lease space in the dual-branded Hyatt Hotel development across from Bankers Life Fieldhouse. The restaurant plans a second location at the Yard at Fishers District.
Pacers rethinking fieldhouse fan experience
The $200 million in upgrades to the Atlanta Hawks’ arena might provide hints as to what Pacers Sports & Entertainment is seeking in hush-hush negotiations with the Capital Improvement Board.
Toronto firm adds to Indianapolis holdings with two apartment acquisitions
Emma Capital Investments Inc., which entered the Indianapolis market earlier this year, has acquired apartment complexes on the city’s north and northeast sides totaling 496 units.
Broad Ripple nursery owner says nearby redevelopment played role in closure
Weaver’s Lawn & Garden recently closed after 57 years in business. The property owner said he is considering his options for the land.
Circle City Industrial Complex lands big loan for updates
The old industrial building, which has about 130 tenants, has been in redevelopment mode since 2015.
Carmel-based real estate firm acquires Pan Am Tower
Lauth Group bought the downtown building from longtime owner Coastal Partners LLC. It plans to renovate portions of the tower.
Local merchandiser MainGate lands deal with NASCAR track owner ISC
Indianapolis-based retail merchandiser MainGate has inked an exclusive deal with the owner and manager of numerous NASCAR tracks, including Daytona and Talladega, to provide licensed gear and set up a new web store.
Chatham Arch residential project set to move forward after legal battle
The Indiana Supreme Court declined to consider a case that was delaying the proposed redevelopment of the 800 block of North East Street. The project includes more than 50 condominiums, retail space, townhouses and single-family homes.
After years of effort, 16 Tech innovation district finally starting construction
Developers of 16 Tech—a consortium of offices, laboratories, housing and retail space—believe the campus will become a powerful economic engine by fostering collaboration and innovation.
North-side office buildings sell for $17M
The two properties straddling the Castleton and Lake Clearwater areas recently received slick updates from their previous owner.
Neighbors of Mile Square apartment project satisfied with bigger, reconfigured plans
The proposed development at 421 N. Pennsylvania St. has undergone extensive changes since this spring, including rising from seven to 11 stories.
Big Ten football title game draws second-largest crowd in 7 years
The spectators on hand for Ohio State’s 45-24 defeat of Northwestern at Lucas Oil Stadium inched past last year’s game attendance by about 500 people, but fell short of a complete sellout.
Local apartment brokerage Tikijian Associates bought by Cushman & Wakefield
George Tikijian, who founded the company in 2005, said the deal was finalized Thursday following several months of internal deliberation.
Tourism officials expect another big impact from Big Ten Football Championship Game
Tourism bureau Visit Indy has spent about $60,000 on advertising over the past two weeks targeting Ohio State and Northwestern fans in Columbus, Ohio, and Chicago.
Metro apartment boom continues as rents keep rising
Apartment rent is on the rise in Indianapolis, thanks in large part to the area’s boom in new multifamily developments—and updates to old ones.
Coil Apartments in Broad Ripple sold for more than $40 million
A Chicago-based private-equity firm acquired the grocery-anchored 151-unit complex from a partnership consisting of developers Browning Investments and Sheehan Construction Co.
Vote postponed on controversial Broad Ripple apartment project
The developer of a proposed 164-unit apartment complex in the heart of Broad Ripple said it would consider going back to the drawing board in an effort to get the blessing of some area residents who have concerns about the project.