IndyGo unveils design of $20M downtown transit center
Construction of the hub, which Mayor Greg Ballard noted Thursday in his annual State of the City address, is set to begin this fall with completion expected by the end of 2015.
Scott Olson
Articles
Controversial Broad Ripple office project not dead yet
In a strange twist, the Department of Metropolitan Development says another vote on the project will be taken March 5.
State Auto’s Midtown HQ building on block
State Auto Insurance is seeking to sell its nearly 200,000-square-foot regional headquarters building in Midtown and is listing the property for $9.1 million.
Weaver’s site sale could lead to Broad Ripple village-park connector
Weaver’s Lawn & Garden Shop at 1316 Broad Ripple Ave. has been in business for decades. Now that family members have sold the property, local leaders hope the land eventually can serve as a recreational link.
ExactTarget mulls building downtown tower
ExactTarget Inc. is evaluating downtown sites where it could build a headquarters tower as large as 500,000 square feet, real estate brokers familiar with the discussions told IBJ.
Commission shoots down Broad Ripple office project
A pair of commercial real estate brokers had planned to invest $1.5 million in the 5,700-square-foot project, but the proposal received a chilly reception from the city’s Metropolitan Development Commission.
Milhaus eyeing August for opening of Circa apartments
The five-building, $26 million apartment project in downtown’s Chatham Arch area just south of Massachusetts Avenue will include 265 units, with pre-leasing to begin May 1.
Broad Ripple brokers propose office project on College Avenue
Scott Lindenberg and Thomas Willey want to replace two rental homes they own just north of Kessler Boulevard with a 5,700-square-foot, two-story office building.
Central Indiana home sales start year on chilly note
Home-sale agreements plummeted 31 percent in January, likely due to the record snowfalls and cold temperatures.
Convenience stores prepare case to sell cold beer
The stores’ lawsuit against the state argues that Indiana’s law governing cold-beer sales is unconstitutional. But a phalanx of other beverage retailers has lined up to oppose the action.
Butler embarking on $3M, year-long streetscape project
The project calls for the installation of a boulevard on Sunset Avenue lined with trees, in addition to sidewalks and bike lanes, in hopes of distinguishing the college from the surrounding neighborhood.
Rolls-Royce wins $1B contract from Lockheed Martin
The company will supply 600 engines built in Indianapolis to Lockheed through 2025 for use in its C-130J Super Hercules aircraft.
HHGregg COO Throgmartin leaving company
Gregg W. Throgmartin is stepping down, a move that will leave the retailer without executive leadership from a member of its founding family for the first time since the first store opened in 1955.
Update: Black Acre wins approval to expand brewing
The Irvington brewpub has received a zoning variance that allows the business to increase brewing capacity. Black Acre’s beer soon could become available in other bars and restaurants.
Local developer Keystone buys north-side office park
An affiliate of Keystone Realty Group has bought Waterplace Office Park on North Meridian Street and plans to make a major investment in the property in hopes of improving occupancy.
Kite’s stock jumps following $1.2B acquisition
Kite Realty Group Trust’s pending purchase of an Oak Brook, Ill.-based rival would nearly double the company’s portfolio of shopping centers. It also would give the local firm a foothold in many new, highly desirable markets.
Architecture firm closing, renovated HQ on block
A2SO4 Architecture LLC has begun to wind down operations as a bank forecloses on a couple of construction loans for its new headquarters with a total balance of more than $1 million.
$80M project on tap for Keystone at the Crossing
A local developer plans to build a hotel, apartments, offices and retail space on the last two vacant parcels in Keystone at the Crossing.
City looks to develop small parcel near former MSA site
Officials received just one response: a proposal to build 35 to 40 apartment units on the thin tract fronting a parking garage.
Developer plans Lockerbie residential project
Chase Development plans to build six, four-story townhomes along with six more traditional houses on a 1.25-acre parcel between Michigan and North streets.