Local developer Keystone Group is nearing a deal to buy the 20-story building just north of Monument Circle and is considering a range of possibilities for the half-million-square-foot property.
The Riley Area Development Corp. has purchased the nearly 120-year-old structure northeast of the Circle City Industrial Complex and hopes to lure micro-manufacturers to the space.
A Nashville, Tennessee-based company has acquired the 398-unit complex in Castleton and plans to invest $4.7 million in the property.
Downtown Indy will move down from the 19th floor to take a portion of the space while the rest will be converted into a tenant lobby, featuring a bar and putting green.
The new retail and gathering place is leasing a high-visibility spot on Virginia Avenue where plans for a Japanese bistro recently were abandoned.
The owner of Market Tower is shopping the downtown skyscraper after spending millions on upgrades to increase occupancy and make it more appealing to younger companies.
A six-month-long study of development scenarios along a 10-mile stretch of Mount Comfort Road is feeding local leaders with data on potential projects and helping guide land-use decisions.
The bonds would help finance development of a hotel complex on the site of Indianapolis’ oldest African-American church, as well as a five-story apartment and retail project near the base of Massachusetts Avenue.
Under the agreement, prospective store buyers Kroger and Fresh Encounter would be able to operate pharmacies at the locations much sooner than rival CVS expected.
The 26 stores that the Kroger and Fresh Encounter chains have agreed to acquire span Indiana, as well as four cities in Ohio. Here’s the whole list.
Tom and Ed Battista of Bluebeard fame have purchased the Christian Unity Missionary Baptist Church near Spades Park with hopes of opening a three-screen independent cinema and restaurant.
A plan to build a new house of worship in Fishers on land now occupied by the Gray Eagle Golf Course driving range and clubhouse has raised red flags from nearby homeowners and at least one member of the Fishers City Council.
One & Two Penn Mark contain 243,271 square feet of Class A office space, and are 82 percent occupied.
The project could take shape on property directly adjacent to the City Market, in addition to $8 million in renovations planned to spiff up the Gold Building and a neighboring office complex.
The 12.5-acre tract has been acquired by a member of the car-dealing Wood family, but its intended use remains a mystery.
In two acquisitions totaling nearly $9 million, one firm plans to expand an existing business park while the other has a big logistics facility in mind.
If Marsh’s two downtown stores close, as the struggling grocer has warned could happen within two months, the locations likely would attract interest from rival supermarket operators.
The program is believed to the first of its kind in the Midwest, providing graduate-level classes on financial, management and development skills.
The Shoppes at Whitestown would be located on 33 acres within the Anson development with room for about 20 retailers and seven outlots. It could open by fall 2018.
The museum devoted to the late local novelist says its lease dispute with a building owner on Massachusetts Avenue threatens the survival of the not-for-profit.
