Fishers officials have drafted a plan to market 211 acres at Indianapolis Metropolitan Airport for commercial development. The Indianapolis Airport Authority gave its blessing Friday morning.
Most U.S. malls are still dependent on department stores to draw customers, but with consumers doing more shopping online, retail centers are increasingly relying on restaurants, entertainment amenities and even medical facilities to attract traffic.
Mission Peak Capital sees a big upside in spiffing up the buildings near Cummins’ new office project and a planned 28-story apartment building.
The Hatch plans to target creative types with its art studios, recording booths, green screens and more. It’s slated to open in early August.
Plans for a controversial three-story “digital canvas” have been dropped from the Mass Ave development’s design. Developers also replaced the Montage on Mass name with a different one.
Two developments totaling $50 million are in the works on the western edge of Speedway as officials look to create a gateway into the town from Crawfordsville Road.
A specialist in terra cotta will assess the integrity of the structures and suggest options that could range from on-site reinforcement and preservation to off-site storage and eventual reconstruction.
The potential development, known as 200 West, would have included a mix of single-family homes, multifamily housing and a commercial section on a 4.3-acre property to the west of Sycamore and Main streets.
Fortville in Hancock County has been a sleepy, one-stoplight town for years. But officials suspect that’s about to change, based on Fishers’ swelling population, and are preparing accordingly.
Nearly an entire city block in Fountain Square soon could be redeveloped, with five old buildings getting torn down and a new five-story project springing up with retail space and 94 apartments.
Paradise already had indicated to its landlord that it wouldn’t renew its 10-year lease for the 4,700-square-foot space, which expires next year.
Retail real estate firm WP Glimcher denied last week that it was in talks to merge with Indianapolis-bases Kite Realty Group Trust. Now its CEO is gone, and directors are reevaluating its portfolio.
The Department of Metropolitan Development is soliciting bids for masonry, roofing, skylight and steel work at the 130-year-old downtown landmark.
REI Investments, the Carmel-based developer who had been under contract to redevelop about half of the site into a $30 million concert venue, has mutually agreed with owner RACER Trust to terminate the plan.
Two former guest-services managers at shopping malls in Illinois and Oklahoma have sued Indianapolis-based Simon Property Group, claiming the retail property giant violated the Fair Labor Standards Act.
A decade-long struggle by Zionsville to keep a big-box retailer outside the town’s boundaries might be coming to an end, with the Boone County town on the losing end of the battle.
Experts estimate that several hundred shopping malls could shut down over the next decade after owners relinquish them to lenders rather than make steep loan payments.
Chuck Lazzara, who owns the Ritz Charles with his wife, has revealed plans for Monon and Main, a mixed-use project on the southwest corner of Main Street and the Monon Trail.
Indianapolis-based Simon Property Group Inc. and Warsaw’s Zimmer Biomet Holdings vaulted back among the top 500 this year, while local oil refiner Calumet Specialty Products Partners plummeted.
Shares in WP Glimcher Inc. fell nearly 7 percent Monday after the Columbus-based retail landlord refuted reports it was involved in merger negotiations with Indianapolis-based Kite Realty Group Trust.
