Developer plans 81 town houses, retail for Noblesville
KennMar LLC has filed plans with the city of Noblesville to develop 23 acres at the southeast corner of Hazel Dell Road and State Road 32.
Real Estate
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Sears stock soars as Lampert offers to buy Kenmore brand, real estate
Edward Lampert is pushing for a more aggressive breakup of Sears Holdings Corp. as the hedge-fund manager aims to salvage what’s left of the struggling retailer and stave off a potential bankruptcy filing.
Hogsett explores shopping City-County Building, other downtown properties
Indianapolis officials have triggered a wide-scale review of the need for big municipal buildings downtown. Real estate executives are intrigued by the 28-story City-County Building’s potential for private redevelopment.
World of Beer bar/restaurant set to open on Mass Ave
The establishment, located in the space formerly occupied by Mass Ave Toys, occupies 7,500 square feet over two levels—a bar and full-service restaurant on the main floor, and a second bar in the basement.
Ground broken for $24M mixed-use development on Lafayette Road
The real estate project at 3500 Lafayette Road, called the Pyramids at 35 Hundred, is expected to feature 130 independent-living units for seniors and 15,000 square feet of commercial space.
Indianapolis-area home builders see best first quarter in 12 years
Area home builders saw more demand for new homes in the first quarter than they have since 2006, according to a report released Thursday by the Builders Association of Greater Indianapolis.
Mainstreet retools, says old strategy ‘broke down’
For more than a decade, Zeke Turner built scores of senior-care facilities. But in the past year, Mainstreet has been reeling from an unexpected slowdown in sales of its properties.
Amazon’s reveals its Prime service has 100 million members
CEO Jeff Bezos quantified the size of Amazon’s Prime membership for the first time Wednesday. Amazon launched the service 13 years ago as a way to foster customer loyalty.
Integrating criminal justice center is key to lifting Twin Aire neighborhood
Ensuring the $572 million criminal justice center connects with the surrounding neighborhood and doesn’t sit isolated presents a big challenge for project planners and community leaders.
Memory Bank: Claypool Hotel before the fire
The Claypool Hotel operated for more than a century at the corner of Illinois and Washington streets, with this photo taken on Sept. 21, 1955.
Duke Realty seeks to build headquarters at Keystone at the Crossing
The publicly traded company wants to leave the Parkwood Crossing office park in Carmel and is requesting $2.9 million in the form of a bond issue from the city of Indianapolis to help finance a new headquarters.
Architectural firm Odle McGuire Shook helps schools become safer
Currently, the firm is overseeing building expansions at Mt. Vernon Middle School in Fortville and Delta High School in Muncie. Both projects include plans to make the buildings more secure.
Indy Cultural Trail Food Tours offer walkable feasts
Developed in collaboration with longtime local food expert Jolene Ketzenberger, the guided tours offer an afternoon of culinary adventure along the eight-mile downtown trail.
Carson’s parent Bon-Ton Stores heading for liquidation
The end is near for Bon-Ton Stores, the 160-year-old department store chain that operates more than 250 stores under various names, including Carson's, Younkers and Elder-Beerman.
State awards contract for widening Interstate 69 in central Indiana
State officials have awarded a $79 million contract to widen a section of Interstate 69 to six lanes northeast of Indianapolis.
Starbucks to close stores for an afternoon for racial-bias training
Starbucks, moving swiftly to confront a racially charged uproar over the arrest of two black men at one of its stores, plans to close more than 8,000 U.S. stores for several hours next month to conduct racial-bias training for nearly 175,000 workers.
Internet sales tax issue divides Supreme Court justices
Hearing arguments Tuesday, the justices considered overturning the court’s 1992 ruling that made much of the internet a tax-free zone by exempting retailers that don’t have a physical presence in a state.
Carmel postpones hearing on St. Vincent project after neighbors, officials demand details
Carmel has postponed a rezoning hearing on a developer’s vague plan to build a medical complex at 96th Street and Spring Mill Road for St. Vincent Health. Carmel officials say they won’t consider a rezoning without specifics about the project.
Momentum for Central State site mounts as homebuilder stakes out $15M project
M/I Homes has plans to build 40 single-family units and 20 town houses on the former hospital campus, bringing even more investment to an area on the mend.
Neighbors debate proposal to build homes next to Little League HQ site
Pulte Homes of Indiana has filed plans to develop 78 single-family homes on land adjacent to the proposed site of the new Little League International regional headquarters in Zionsville.