Irvington marketing firm buys building, prepares to exit lodge
The firm is rehabbing a commercial building in Irvington that’s been vacant for 30 years and saying goodbye to its longtime, idiosyncratic corporate home.
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Indianapolis naming new downtown plaza after Lugar
Former Mayor Richard Lugar joined current Mayor Joe Hogsett and former mayors Steve Goldsmith, Bart Peterson and Greg Ballard for Monday's announcement.
Brookfield bids $14.8B to acquire rest of Simon mall rival GGP
GGP, formerly known as General Growth Properties, is the second-largest shopping mall company behind Indianapolis-based Simon Property Group. Simon tried to acquire GGP in 2010.
Giordano’s hopes to delve deeper into Indy with third location
The pizza purveyor’s move to establish a south-side location mirrors the plans of Portillo’s, another Chicagoland staple that recently entered the Indianapolis market with a north-side restaurant.
Developers propose $113M commercial project near I-65 in Whitestown
Plans from the two Indianapolis-area firms call for more than 2 million square feet of space in a development encompassing 170 acres.
Former AIT Labs owner faces $4.4M suit over HQ building
The once-booming toxicology business struggled for years under declining revenue and huge debts before being acquired last year by a Texas private equity firm. Its Park Fletcher headquarters building remains empty.
Former Angie’s List CEO seeks to buy company’s HQ campus
Bill Oesterle has assembled a group of local heavy hitters in hopes of purchasing the 17.5-acre site east of downtown, now that ANGI Homeservices Inc. has put it up for sale.
Efforts to remake Brownsburg’s downtown in progress
Four projects totaling about $85 million, including three already under construction, will bring apartments, offices and retail space to a key stretch of Green Street.
Bloomington set to open more sites to adult businesses
City officials say the new regulations would allow adult businesses in about 4 percent of Bloomington.
Kite Realty sees quarterly decline in revenue, earnings
The Indianapolis-based real estate investment trust met expectations of analysts with its third-quarter performance.
Duke Realty sees third-quarter rise in revenue, earnings
Duke Realty Corp. slightly exceeded analyst expectations on one financial performance measure in the third quarter while barely missing on another.
Guaranty Building magnet for tech firms
Salesforce has left for its namesake tower across the Circle as part of a big downtown expansion, but the nearly emptied Guaranty is making a quick comeback and attracting prized tenants.
Apartment developer Milhaus lands $245M in equity investments
Milhaus said the capital infusion will help fuel its plan to build thousands of units over the next few years while retaining most of its existing portfolio.
Huge retail project along I-65 in Whitestown would be ‘game-changer’
The project, which could include nearly 1 million square feet of higher-end retail, would be developed by locally based Gershman Partners.
High-end Cake Bake Shop has Carmel location in oven
Owner Gwendolyn Rogers says she’s been considering expansion for a while, with her Broad Ripple bakery regularly filled to capacity.
Byrd’s in hand: Former Greenwood restaurant converting to multitenant ‘Nest’
The new owner of a landmark south-side eatery is renovating and dividing the 40,000-square-foot space to land retail and commercial tenants.
Angie’s List’s east-side corporate campus listed for sale
The 17.5-acre campus on East Washington Street is made up of 41 parcels with 25 buildings, 1,000 parking spaces and 190,000 square feet of office space. Parent company ANGI Homeservices would like to sell it to a single buyer if possible.
Developer’s plan for $20M office building on woodlands rejected
The Metropolitan Development Commission rejected a request from local developer Keystone Realty Group to rezone the site near Keystone at the Crossing to make way for a 60,000-square-foot office and retail building.
Developer sets upscale rents for 27-story apartment tower downtown
Although the largest units in 360 Market Square will top out at more than $2,000 a month, the rates compare favorably with other new downtown projects, according to one apartment expert.
UIndy partnering to develop taproom near its campus
The university will help convert the former Shelby Bowl building into a Books & Brews taproom as part of the school’s efforts to attract more development to the area surrounding the south-side campus.