The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
The new owners of Precedent Office Park—a landmark business park on the north side of Indianapolis—are planning several amenity upgrades that take advantage of the property’s 38-acre lake.
The street-level retail tenants in One North Penn are preparing to either relocate or close for good as the office building’s transformation gets under way.
The developer says it had agreed to let the college continue to operate on the site for three years before the surprise news last week that it was shutting its doors for good.
An Indianapolis-based company that launches tech firms said Thursday it would move its office from the 14th floor of the historic Circle Tower on Monument Circle to the Bottleworks District in summer 2020.
Keystone Realty Group is in line to receive financing help from the city for an ambitious plan that would overhaul two nearly vacant office properties near Monument Circle and bring a prestigious Intercontinental Hotel to Indianapolis.
The Whitestown Town Council on Wednesday approved an agreement to buy 135 acres that previously served as the longtime home of the Wrecks Inc. automobile salvage yard. Little League International is expected to use about 20 of those acres.
Ambrose Property Group acquired the tired and mostly vacant downtown complex out of receivership in 2014 and embarked on a $20 million renovation.
The South Bend-based developer that last year bought the landmark restaurant and the block on which it sits is searching for office and retail tenants for the space.
First Internet Bank agreed to acquire 11 parcels on the south side of 116th Street for $10 million, with Fishers agreeing to reimburse the bank for land acquisition costs.
St. Louis-based Integris Ventures and New York-based Starlight Equity Partners paid about $3.1 million to purchase the seven-story building. It plans several more acquisitions in Indianapolis.
The 3,800-square-foot restaurant will maintain much of the menu of the original but add Neapolitan pizza, flatbreads and other elements suitable for lunch patrons.
The vacant three-story structure dating back to the 1880s has a new owner, which plans to convert it to co-working space for technology companies.
The two businesses closed this spring, but a new owner has purchased both shops and is reopening them under one name in the 96-year-old Irvington Masonic Lodge property, which also recently changed ownership.
The owner of Helium Comedy Clubs says he saw lots of opportunity in the Indianapolis metro area, where at least two major comedy venues have closed since last fall.
The city’s largest commercial brokerage has called downtown home for more than 35 years. It’s heading north to accommodate employees and consolidate offices.
The publisher of Indianapolis Business Journal and its sister newspapers plans to relocate in March to the Indianapolis Power & Light Co. headquarters building in the southeast quadrant of the Circle.
All options are on the table for the city’s future use of the City-County Building, Old City Hall, the Marion County Jail and the 500-space East Market Street parking garage.
An Atlanta-based real estate company has purchased four Indianapolis apartment communities and plans to spend $27 million to renovate them.
The Indianapolis-based founded by tech luminary Chris Baggott recently agreed to take the entire seventh floor of the J.F. Wild Building on Market Street.
