Articles

Examiner appointed in HDG Mansur bankruptcy case

An examiner will be appointed to conduct an investigation into the bankruptcies of two affiliates of troubled Indianapolis-based developer HDG Mansur. A judge, for the time being, denied a request to appoint a Chapter 11 trustee or convert the case to a liquidation in Chapter 7.

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Greenwood eyes more land for development along I-65

Though plans for a $22 million hotel and indoor sports complex seem in jeopardy, the city of Greenwood has other projects in the works along Interstate 65, including a new interchange and possibly an apartment development.

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Carmel developer pitching $150M Midtown plan

Carmel-based Old Town Development LLC expects to file plans this week for a $150 million redevelopment project on 11 acres in the suburban community’s blighted Midtown area, between Carmel City Center and the Arts & Design District near the Monon Greenway.

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Year wait expected for start of Wigwam work

The developer taking over Anderson's Wigwam gymnasium is expecting to start work at the complex in about a year. The group plans to convert part of the complex into 55 multifamily housing units while maintaining the gym.

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Bosma removes Turner from leadership post-scandal

Indiana House Speaker Brian Bosma has removed Rep. Eric Turner from his leadership team amid concerns over Turner's lobbying against a nursing home construction ban that would have impacted his family's business.

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Keystone seeks $3.8M subsidy for Carmel project

Keystone Realty Group is asking Carmel to issue $3.8 million in economic development bonds to help pay for parking and site work on a 5.3-acre property it plans to redevelop at the intersection of Old Meridian and Main streets.

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