New 360 Market Square apartment tower leaves trail of liens, litigation
Downtown’s new 360 Market Square apartment tower is leasing up nicely, but the $120 million project continues to be plagued by legal disputes related to its construction.
Real Estate
Articles
Memory Bank: A friendly place to congregate
In this photo taken on June 27, 1943, servicemen relax in a YMCA reading room.
Report finds affordable apartments out of reach for many area workers
The Indiana data is less bleak than the national average, which found a full-time worker would have to earn $22.10 on average to afford a two-bedroom rental.
Owners of failing malls ‘on their knees’ as buyers disappear
Only about $3 billion of retail real estate changed hands in April, a 27 percent drop from a year earlier and the lowest monthly tally since February 2013.
Local jewelry store to close its doors after 41 years in business
The family-owned jewelry business, which first opened in Glendale Town Center in 1977 before moving just north of 96th Street in 1991, plans to close Aug. 31—unless a late-developing plan to sell the store comes to fruition.
Under new owner, Fountain Square’s Wheeler building converting to market-rate housing
Core Redevelopment is buying the building, which houses 36 affordable-housing units, and plans to boost the number of apartments to at least 52 as part of the conversion.
Cookie shop in Circle Centre reopens under new franchisee
The owner of Gifts and Convenience, a shop in the downtown Embassy Suites by Hilton hotel, is the new franchisee for the mall cookie and desert shop, which closed early this year after a lawsuit from the landlord.
Homebuilder seeks approval for 174-home neighborhood in Hamilton County
The developer has requested a rezoning to allow for a subdivision on 63 acres north of 171st Street and east of Mill Creek Road.
Developer proposes 314-home subdivision in Noblesville
Brooks Farm would feature 314 homes built by two builders, including attached villas and single-family homes.
Developer plans medical complex, hotel, restaurants off I-65
An Indianapolis-based developer is seeking approval for a 25-acre development in a high-profile location in Lebanon.
Co-working haven Speak Easy names new executive director
After a period of rapid growth for The Speak Easy, Julie Heath wants to refocus its energies on membership development and providing startups in central Indiana the resources necessary to grow.
IBJ PODCAST: Cafe helps catalyze revival on Washington Street, reclaim lives
Maria Bertram had a great career as an engineer for Eli Lilly and Co., so why did she chuck it to open a little cafe in a distressed neighborhood?
Building owner disputes Fletcher Place pizza place’s eviction claim
Locally based restaurant South of Chicago Pizza & Beef says it is being forced out of its longtime location. But the new owner of the building says it has no intention of evicting the restaurant.
Indiana appeals court finds for Block 20 Athenaeum developer
The developer, along with the Indianapolis Historic Preservation Commission, were at the center of an appeal brought by neighbors of the historic building who oppose the project.
Hogsett backs Rethink I-65/I-70’s position on north-split project
Both the mayor and the Rethink coalition are urging state transportation officials to do a more comprehensive study of options for the $250 downtown interchange project.
Central Indiana Orthopedics moving forward with Fishers medical campus
The orthopedic care provider plans to build multiple medical office buildings in Fishers as part of a new 37-acre health care-focused business park.
Anthem seeks to use downtown green space for 60-space exec parking lot
The insurer is asking for a zoning variance to install a fenced-in lot covered by solar panels on a grassy space off Virginia Avenue.
Two projects poised to reshape Mass Ave area
The Indianapolis Historic Preservation Commission has approved the projects—a four-story condominium building and the other a six-story office building. Both would feature ground-level retail space.
Starbucks raises price of a brewed coffee in most U.S. stores
The company, which operates more than 28,000 stores in 77 countries, said inflation in product and operating costs prompted the increase.
After decades-long wait, downtown site snags large project
Boston-based Charles Street Investment Partners LLC has filed plans with the city to construct a $15 million, seven-story apartment-and-retail project at Pennsylvania and Vermont streets.