Aging Anderson apartment complex getting new life
The Delaware Court Apartments in Anderson, which opened in 1926 and have been vacant since 2013, are being renovated.
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Developer wants land in Greenwood zoned industrial
The 350 acres is mostly farmland but does include about a dozen homes.
Carson’s in Circle Centre is part of reeling department store firm
The parent company of Circle Centre mall’s sole anchor, Carson’s, is facing steep challenges, with some retail experts wondering whether it will be the next big chain to collapse.
Simon, Kite seek to dispel ‘retail apocalypse’ narrative
Some portfolio managers believe the market is painting the retail sector with too broad a brush. Yes, they say, many malls will go under, as will many retailers. But developers focusing on high-end properties—a description that fits both Simon and Kite—should fare just fine.
$20M hotel to be loaded with eateries
Ironworks Hotel Indy will feature 15,000 square feet of street-level retail space, including Blue Sushi Sake Grill, Massage Heights and Cunningham Restaurant Group’s Rize. Cunningham also will operate Provision in second-floor retail space.
Area home builders continue to see rising demand
Home builders filed 653 single-family construction permits in the nine-county area in June—the busiest month since August 2007, when 722 permits were filed.
Roundup: Carmel winemaker expanding downtown; butchery taking Fountain Square space
Milhaus has attracted three retail tenants to its new 747 apartment building on Mass Ave, while the vacant Marrow space has added some meat to its bones.
Kroger lays out plans for 11 former Marsh grocery stores
Kroger said it will first focus on reopening seven of the stores, spending $20 million on renovations.
City preservation officials sign off on $260M Bottleworks project
After months of discussions, the Indianapolis Historic Preservation Commission on Wednesday approved the design of a massive development that could transform the northeast end of Massachusetts Avenue.
Duke Realty moving up to S&P 500 stock index
S&P Dow Jones Indices on Wednesday said the Indianapolis-based real estate investment trust would be moved from the S&P MidCap 400 index to the S&P 500 index starting July 26.
Carmel awards $28.8M contract for 96th and Keystone roundabout
The Carmel Board of Public Works approved the agreement with a Goshen-based construction contractor at a meeting Wednesday morning.
Circle Centre announces additions to tenant mix
A store that specializes in denim, a new eatery and a souvenir shop have set their sights on the downtown shopping center.
UPDATE: Hamilton County residents question mystery development
Landowners in Hamilton County are being offered as much as $40,000 an acre by real estate agents, but it's unclear what plans are in the works.
Carmel’s proposed City Center hotel expected to cost $38 million
The proposed high-end hotel at Carmel’s City Center would be partially owned by the city, which would use bonds to finance it.
Key HHGregg executives could pocket $675,000 in incentive bonuses
Executives eligible for the additional pay, if certain benchmarks are hit through the company’s bankruptcy, include Kevin J. Kovacs, HHGregg’s chief financial officer and acting CEO.
Apartments, grocery proposed in $32M renewal effort on key stretch of 38th Street
Plans are taking shape to revamp dilapidated and underdeveloped properties in the Maple Crossing area, north of 38th at Illinois and Meridian streets.
Local Safeway chain to reopen Marsh store in Beech Grove
The store was one of 18 of 44 remaining Marsh groceries that wasn’t acquired last month to either Kroger or Fresh Encounter, as part of Marsh Supermarket’s bankruptcy process.
Walmart selling Zionsville site for $7.5M despite winning court fight
After battling the town of Zionsville for more than 10 years, Walmart has decided it won’t build a store on Michigan Road after all.
Dermatology practice planning $7.2M Castleton headquarters
Dawes Fretzin Dermatology Group LLC has received preliminary approval for tax breaks from the city of Indianapolis to help it pay for a 30,000-square-foot free-standing facility near the Lowe’s Home Improvement store in Castleton.
Wine shop opens at prominent north-side intersection
The new Vine & Table location at the southeast corner of College Avenue and Kessler Boulevard follows the original shop in Carmel. A liquor store chain acquired the business last year.