Regus Group plc, which has other locations in the Indianapolis area, has taken more than 10,000 square feet downtown to open its latest flex-office center, where business owners can rent space by the day, week or month.
Plainfield-based Hanzo Logistics plans to move about a half-mile north to a new $17 million headquarters and distribution facility, expected to be complete in September.
Simon Property Group Inc. announced Wednesday the promotion of Andrew Juster to chief financial officer, succeeding longtime CFO Stephen Sterrett.
The giant retailer said it will build a 1.2.-million-square-foot e-commerce fulfillment facility in the AllPoints Midwest industrial park that will employ up to 303 workers by 2016.
Simon Property Group spinoff Washington Prime Group on Monday announced deals worth about $326 million involving at least seven shopping centers, including Clay Terrace in Carmel.
Slane Capital is developing the project for Better Retail, which plans to move its headquarters from Hamilton County while converting the dilapidated structure just east of the Monon Trail into a hub for food-and-beverage startups.
The not-for-profit is expected to begin construction on the three-story, 87,000-square-foot downtown facility July 16, with a completion date of December 2015.
The lender for the Hawthorns Golf & Country Club is an affiliate of California-based Concert Golf Partners, which hopes to convert its debt into ownership of the Fishers club.
George, 60, is targeting an August opening for Tinker Street, a chef-driven and plant-based concept he’s launching with business partner Thomas Main, 56, who also has a restaurant background.
Cornerstone Cos. plans to locate the $11 million project near Interstate 69.
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
The Indianapolis developer plans to build 211 units at the southeast corner of College and Maryland Street. Meanwhile, the owner of a building across the street that last housed a sporting goods store is accepting bids on the property.
Developer Browning Investments Inc. plans to use $5.7 million from the bond issue to help finance the apartment/retail project along the Central Canal.
Indianapolis landlords would have to register with the city by Jan. 1 or face a $500 fine under a proposal that will be introduced to the City-County Council on Monday night.
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
Simon Property Group has revised its earnings forecast with the Thursday launch of spinoff firm Washington Prime Group.
Shares of the fledgling, Indy-based firm hovered just under $21 in advance trading on Wednesday morning, providing a window to its official open Thursday on the New York Stock Exchange.
Washington Prime Group Inc., listed under the “WPG” ticker symbol, will begin trading Thursday. The new real estate investment trust will own 98 retail properties, including 13 in Indiana.
Indianapolis, Lawrence, Gary and two other Indiana cities have received a total of about $15 million to help eliminate blighted and abandoned homes.
The Indianapolis-based developer bought the building on Old Meridian Street early this year from The Spine Institute—its only tenant at the time—and now has the facility fully leased.
