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CityWay phase 2 - 2 col

Developer plans $110 million second phase of CityWay

The development plan by Buckingham Cos. consists of seven more buildings—including a nine-story tower—that will contain 450 apartments and 19,500 square feet of retail or office space. A parking garage also would be built.

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Longtime Duke Realty CEO Oklak stepping down

The Indianapolis-based real estate investment trust said Dennis D. Oklak will retire at the end of the year as part of a succession plan and be replaced by the company’s chief operating officer.

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Downtown office market strengthening

The downtown submarket recorded its strongest quarter since late 2011 by absorbing about 110,500 square feet of space, which lowered vacancy to 18.8 percent, CBRE statistics show.

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City billboard suit spooks Montage on Mass developers

A federal suit filed by a local billboard firm claiming a recent U.S. Supreme Court decision makes the city’s sign ordinance unconstitutional has pushed discussion of another project’s electronic-mesh art display to next year.

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