Owner of Flaherty & Collins’ apartment complex in Raleigh seeks to reorganize debts related to a $24.8 million loan. It’s
the second Flaherty & Collins project in North Carolina to fall into bankruptcy in six months.
Vacancy rates unseen in 20 years are hampering efforts by developers.
Fountain Square eatery owner Taki Sawi is one of only three restaurant operators to receive an award given by National Restaurant
Association every two years.
Host committee opts to partner with University of Indianapolis and build community center at Arsenal Tech High School, the
original site of
the domed practice facility.
Mayor Greg Ballard's office has an announcement scheduled for 10 a.m. Tuesday to reveal a "major sport's national governing body" that is moving to the city. IBJ reported in February that USA Football was seriously considering moving here.
Marion County prosecutor Carl Brizzi has not hosted “Crime Watch” on WIBC in three weeks, due to a scheduled break. But station
officials want him
to address accusations on air if he is to continue the show.
As of Friday, 39,900 people had signed up for the local Race for the Cure, which drew 42,000 last year and 45,000 in 2008.
The Indianapolis event is the sixth-largest in the country, but it ranks 70th nationally in terms of dollars raised.
Cook Group Chairman Steve Ferguson is target of complaint that charges he and others violated federal racketeering laws by
serving
on an entity that recommended a team that included Bill Cook to develop the French Lick Resort project.
Pennsylvania company is one step closer to purchasing the Indianapolis-based Memory Gardens Management Corp., whose former
owner pleaded guilty to theft and securities fraud.
The Mass Ave. restaurant is set to become Mesh, which will feature a more casual atmosphere and menu, as well as a new operator who will
lease the space
from the building’s owners.
Sales agreements in the nine-county area rose last month by 10.6 percent, compared with the same month last year, while prices
jumped 12.1 percent.
Not-for-profit hopes to have $150,000 in annual funding restored, particularly now that it has taken on the additional duties
related to the Circle City Classic.
The 20,000-square-foot estate is in the ritzy neighborhood’s most prestigious area,
and boasts eight bedrooms and 16 bathrooms.
Affiliates of Lauth’s largest financial backer, Inland American Real Estate Trust in Chicago, agree to dismiss their suit
against
the Indianapolis-based
developer, and also withdraw a request to have a Chapter 11 trustee appointed.
Builder’s Concrete & Supply will pay the amount as part of a larger $60 million settlement lawyers reached with seven companies
accused of fixing concrete prices.
Federal judge disagrees with Duke Realty Corp. and sides with attorneys representing plaintiffs in class-action suit.
John D. Clark, the man nominated to be CEO of the Indianapolis Airport Authority, has been a polarizing figure in Jacksonville,
where he’s been CEO of the Florida city’s aviation authority since 2001.
Departure of GameWorks arcade leaves another 27,000 square feet of vacant space on the mall’s fourth floor, which has struggled
for years to
keep tenants.
Federal loan programs that help fund company expansions are seeing more activity from program administrators in Indianapolis.
