Indianapolis developer Buckingham Cos. is in discussions to build a mixed-use development that could include apartments, shops,
office space, and a hotel and conference center.
They will take over the former home of Bonjour Cafe & Bakery if the owner wins city approval to add a drive-through.
Affordable Building Supplies LLC, which was displaced by the construction of Lucas Oil Stadium, hopes to move its headquarters
closer to downtown in a new mixed-use building on South Meridian Street.
The music has stopped for a proposed under-21 club at Madison Avenue and Southport Road after a city board on Tuesday unanimously
denied a controversial rezoning request.
A $20 million improvement of West 38th Street between Guion and High School roads that is set to begin next month is the first in a series of initiatives that stakeholders hope will revive the real estate fortunes of the area anchored by Lafayette Square Mall.
Two sought-after national retail concepts are poised to open their first Indianapolis stores. Kite Realty Group Trust has
recruited Nordstrom Rack and The Container Store as likely anchors of a redevelopment
of Shops at Rivers Edge along 82nd Street at Dean Road.
CEO Deborah Hearn Smith said the move will eventually bring a cost savings, but it has other benefits.
Credit problems continue to bedevil banks big and small, many of them caused by soured commercial real estate loans.
A not-for-profit group that's hoping to build a retail project at the northeast corner of 22nd and Delaware streets
is looking for tenants after a deal for an Ace Hardware fell apart.
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
Simon Property Group Inc. plans to rejoin the giant leasing mall at the annual ICSC convention in Las Vegas, where 25 percent
of the nation’s retail lease deals are consummated.
Retailers are feeling pangs of optimism at an opportune time for the developers and real estate brokers who rely on them
for survival: The year’s biggest retail real estate gathering is May 23-25 in Las Vegas.
Dora operates more than 20 hotels, including five in downtown Indianapolis and two adjacent to Indianapolis International
Airport.
Resource Commercial Real Estate, which will remain locally owned and operated, will be known as Colliers International effective
immediately, the company said.
The Nebraska-based outdoor retailer plans to open new stores again after a two-year, recession-induced halt on expansion.
But the company is not reviving its plan for the 96-acre plot it owns in Greenwood.
Indianapolis-based Simon Property Group Inc. has withdrawn its offer for General Growth Properties Inc. after a bankruptcy
court judge approved a sale process that gives an advantage to a group lead by rival bidder Brookfield Asset Management Inc.
General Growth Properties Inc. rejected Simon Property Group Inc.’s “best and final” offer.
Work could begin this fall on $10 million Trail Side complex.
Simon Property says its latest offer is worth $6.5 billion, or $20 a share, for General Growth. It had last offered $18.25
a share.
Developer’s $1.1 million loss in the first quarter reflected lower construction activity and lower gains on land and outlet
sales.
