Abundant building keeps home prices low
A new study shows that Indianapolis area home values have increased just 12.8 percent increase over a 15-year period. That’s less than in metro areas on the coasts and even some in the Midwest.
Real Estate
Articles
Residential Real Estate: Marketplace for August 28, 2017
Inventory remains tight at just about 8,600 active listings in July, continuing a slight uptick through the summer.
2016 All-Star Real Estate Agents
See which solo real estate agents and which teams rack up the most home sales in central Indiana.
Roundup: Chocolate maker returning to Indy; Fresh to Order opens second eatery
A Fort Wayne fixture is coming back to Indianapolis, with plans to open a craft chocolate shop and sundae bar in the Keystone at the Crossing area.
Walmart joins forces with Google on voice-activated shopping
The world's largest retailer said Wednesday it's working with Google to offer hundreds of thousands of items from laundry detergent to Legos for voice shopping through Google Assistant.
Whole Foods shareholders say yes to $13.7B Amazon deal
The approval is one step required to close the deal, which is a bold move into physical stores for Amazon, and has the possibility of making big changes to the supermarket industry and online grocery ordering.
Area home sales slip amid tight inventory, rising prices
The total number of active home listings in the 13-county area dropped 15.6 percent in July. New listings were down 3 percent.
Apartments planned for two former auto factory sites
A developer is working on a $13 million plan to build apartments where transmissions and automobiles were manufactured as far back as 1912 in Muncie.
Ivy Tech receives $1M land donation for training center
The community college will use the six-acre site on the city’s northwest side to build a new automotive technology center to help fill demand for auto technicians.
$40M apartment project intended to help transform Brownsburg’s downtown
The development is part of the town’s larger plans to transform its nondescript downtown into a more vibrant anchor for the community.
Simon pays $945,000 to settle N.Y. antitrust probe
The Indianapolis-based real estate giant called the investigation "meritless" but nonetheless agreed to modify leases at a popular outlet mall near Manhattan that restricted tenants from opening a second location within 60 miles.
Local heating-cooling business moving HQ from Fishers to Indy
Service Plus plans to spend about $1.5 million on the move, which is expected to help the company double its workforce.
URBAN DESIGN: IHPC offers lessons for smart development
The work of the Indianapolis Historic Preservation Commission leads to higher property values and people-focused development.
Ford plant redevelopment may get even bigger
TWG’s plans for the near-east side could extend beyond the century-old Ford plant to include the adjacent building to the east that houses Ivy Tech Community College’s automotive program.
Proposed Carmel hotel raises questions about risk, private sector
Hotels in Carmel could soon have an unexpected competitor—the city itself.
HHGregg preparing for comeback as online retailer
A company that acquired the intellectual property rights for defunct Indianapolis-based retailer HHGregg Inc. is planning to resurrect the brand with an online business that sells electronics and appliances nationally.
City to steer $500K into grocery development in low-income areas
The Hogsett administration plans to use federal grant funding to stimulate the development of one or more grocery stores and help eliminate food deserts.
Indy-area builders seeing more demand for new houses
Home builders continued to see strong interest in new homes in central Indiana last month, according to the latest numbers from the Builders Association of Greater Indianapolis.
Eleven local groups float plans for redeveloping Old City Hall
The proposals include work space for startups and a city visitors center, as Indianapolis officials search for a new strategy for reusing the stately, 107-year-old building.
Portillo’s announces opening date for first Indy-area restaurant
The Chicago-based eatery known for its Italian beef sandwiches and hot dogs is set to open at 9201 E 116th St. in Fishers, near Ikea.