Scott Olson
Articles
Playing basketball tourney on East Coast presents big challenge for Big Ten, again
After experiencing tepid interest last year in Washington, D.C., the conference takes its show to the Big Apple, where pundits expect another bleak turnout from fans.
Developer plans $9.5M town house project near old Milano Inn site
Onyx+East is buying a one-acre lot off of South College Avenue and plans to build eight buildings containing 35 residential units.
Major office project with grocery store proposed for 16th and Capitol
A local ownership group has filed plans to construct a 250,000-square-foot office building with a 40,000-square-foot grocery store, in addition to a parking garage and smaller office building.
$24.5M Children’s Museum sports park readies for tip-off
Called the Riley Children’s Health Sports Legends Experience, the 7.5-acre expansion boasts 12 outdoor and three indoor exhibits that include activities from a variety of sports, giving families more reason to visit during the warmer months.
City contingent collects intel on hosting NBA All-Star Game
Pacers officials, along with the host committee, traveled to Los Angeles last week to watch the game and to learn about staging the festivities in preparation for the event’s return to Indianapolis in 2021.
Salvation Army selling HQ property to Children’s Museum to resolve dispute
The deal stems from a property spat between the two neighbors on North Meridian Street over the museum’s $38.5 million sports park project.
Halakar Properties reemerges after national partner ends affiliation
The local Halakar real estate firm no longer is affiliated with Newmark Knight Frank, which has poached a former Halakar co-owner to start an Indianapolis office.
Simon to spiff up struggling Circle Centre with long-awaited renovation
Plans for the “multimillion-dollar” renovation include transforming the food court into a dining pavilion and upgrading lighting and finishes. But the plans don’t address the long-term viability of the struggling mall.
With Angie’s List departing, owner of Landmark Center ups ante to snag tenants
The home services firm will leave vacant four floors in the downtown tower, where owner Fairbridge has invested about $1 million in upgrades in hopes of landing new tenants.
Bill alleviates liquor-permit scramble in suburbs
A state Senate bill aims to provide additional alcohol permits to a handful of municipalities, and even a major mixed-use development in downtown Indianapolis.
Affiliate of north-side accounting firm setting up shop on Monument Circle
KSM Consulting, part of Katz Sapper & Miller, is moving half of its employees downtown to a redesigned space just above street level on the city’s highest-profile real estate.
Former Angie’s List CEO strikes deal to buy company’s HQ campus
Bill Oesterle and a group of investors have agreed to purchase the 17.5-acre site on the near-east side and could close on the deal in March.
Retail roundup: Fresh locales in Castleton for Sapporo, Gander Outdoors, Club Champion
Gander Mountain has morphed into Gander Outdoors under a new owner, with a grand opening for its 86th Street store on Saturday. Recent Indy-area exits include two Broad Ripple eateries and a Cancun Mexican Restaurant location.
Developer of former GM plant site seeking $27M in infrastructure aid from city
The planned street, bridge and sewer upgrades for the first phase of the 103-acre redevelopment—considered a prime option for Amazon's HQ2 project—would be covered by a combination of city funds and tax-increment financing.
Lagging promises, Peapod agrees to terminate 7-year tax break from Indianapolis
The online grocery delivery service had pledged to invest $6.5 million in a distribution center on the city’s east side and expected to create 238 jobs by 2018.
U-Haul converting empty big-box space on east side into storage units
The company has purchased the property on Pendleton Pike where a former Menards store stood and hopes to have the 1,000-unit facility ready by fall.
Cushman breaks from tradition by changing popular State of Real Estate event
The 35-year-old annual outlook, held in recent years at Old National Centre, this year will be conducted online instead, in what the firm says is an attempt to reach more people.
High-end row house project under way in Herron-Morton neighborhood
Litz & Eaton have started building 13 row homes, topping out at $800,000 each, in an area where pricey custom jobs are popping up with more frequency.
Cunningham stable of eateries is about to get even bigger
Serial restaurateur Mike Cunningham’s stable of eateries has swelled to 24,and he’s taking over the closed Old Point Tavern on Massachusetts Avenue and Cerulean at The Alexander hotel in CityWay.