New judicial center would set off an office exodus downtown
New justice center would clear swaths of offices, raising vacancy rates at a time when the market is struggling.
Scott Olson
Articles
Ten-acre parcel near Colts stadium hits the market
The vacant property west of Lucas Oil Stadium could get a boost from redevelopment efforts at the former GM stamping plant site just across White River.
First piece of Central State redevelopment nearly finished
Local developer Reverie Estates is converting the administration building, now known as the Central State Mansion, into 67 dormitory-type rooms for student housing and welcomed its first tenant late last month.
Van Rooy converting more units to market rate
The local apartment owner and manager will spend $2.5 million to upgrade Ransom Place near the IUPUI campus from Section 8 housing. It’s the second time the company has undertaken such a project in the neighborhood the past few years.
REI Investments agrees to buy site of former GM stamping plant
The local developer plans to purchase the entire 102-acre property, which has been earmarked for a 15,000-seat outdoor concert venue and the city’s new criminal justice complex.
Simon suing ShopperTrak over use of mall cameras
A subsidiary of Simon Property Group Inc. is suing the world’s largest retail traffic counter, claiming it’s unjustly profiting from cameras installed in stores at Castleton Square Mall.
Two-hotel tower proposed across from fieldhouse
A Minneapolis developer wants to build two high-end hotels in the same 15-story building on a surface parking lot downtown across from Bankers Life Fieldhouse.
Developer plans five-story Broad Ripple office building
At 85 feet, the ambitious project, set to be built on the property of a vacated American Legion post, would be the tallest in the village, even topping Browning Investments’ proposed retail-and-apartment development.
Roundup: Tinker Coffee, Tilted Kilt, Bar Rio and more
Tinker Coffee Co., set to open just west of the Foundry Provisions cafe, will continue the trend of projects along 16th Street with Tinker in the title–a nod to 16th Street’s original name.
Marketing firm hired to find Fairgrounds Coliseum sponsor
Denver-based Impression Sports & Entertainment announced Tuesday that it’s been retained to secure a naming-rights sponsor for the recently renovated coliseum.
Hunt Construction acquired by L.A. engineering firm
The city’s largest construction contractor, whose local projects include Lucas Oil Stadium and the JW Marriott hotel, has been acquired by Los Angeles-based engineering firm Aecom Technology Corp.
Speedway roundabout expected to spur economic development
The reconfiguring of the roadways represents the town's latest attempt to become a year-round racing destination.
Bar owner alleges racism in lease dispute
The owner of a nightclub in the heart of Broad Ripple believes his landlords nearly doubled his rent for just one reason: to force him and his mostly African-American clientele from the building.
Developer pitches 5-story office building for Broad Ripple
A local developer plans to build a five-story office building on the site of a closed American Legion post in Broad Ripple.
Newcomer’s $25M spec project taps area’s industrial muscle
A Kansas City, Mo.-based developer has broken ground on a 740,000-square-foot distribution center in Lebanon, further juicing the Indy area’s status as a hot industrial market.
Downtown roundup: BL&T, Mo’s, Starbucks and Pattern
A new restaurant is set to take space at 1 N. Meridian St., Mo’s is reopening and a popular Starbucks location is temporarily closed for remodeling.
Interactive Intelligence set to break ground on $12.5M building
The 119,000-square-foot structure will be built next to the software developer’s headquarters on the northwest side as part of its growth plans to add 430 employees within the next few years.
Well-known east-side Mexican eatery closes
El Sol de Tala, a staple on East Washington Street for several decades, shut its doors earlier this month amid a court dispute between the restaurant's owner and his landlord.
It’s official: Yard House coming to Circle Centre
The Orlando-based, beer-themed chain finally has sealed a deal to take 13,460 square feet at 42 W. Maryland St. in part of the space formerly occupied by Nordstrom.
Kite CEO ‘not afraid to continue to grow’
In an interview with IBJ, Kite Realty Group Trust CEO John Kite discusses the $1.2 billion acquisition of Illinois-based Inland Diversified Real Estate Trust, potential redevelopment of Pan Am Plaza and its hopes to keep a branch of the Indianapolis-Marion County Public Library at Glendale Town Center.