City shifts more TIF risk onto developers
The Hogsett administration has begun using TIF financing for neighborhood projects, but the developers have to agree to back the bonds.
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Articles
Zionsville using aesthetics to give office park competitive edge
Creekside Corporate Park, which is filled with trees and a mile of winding trails, could accommodate more than 400,000 square feet of office space.
Finish Line proves again how hard it is to diversify
Finish Line's decision to give up on its JackRabbit running-shoe chain and try to find a buyer marks the fourth time the company has stumbled badly while trying to diversify.
Starbucks’ plan to win lunch crowd may be tough task for new CEO
Starbucks Corp. wants to persuade its coffee-loving customers to come back for lunch, after stumbling several times in previous attempts to expand its food offerings.
Preservation commission holds off on decision for Chatham Arch project
The Indianapolis Historic Preservation Commission wants the developer of a proposed mixed-use project including condos, town houses and single-family dwellings to take another shot at addressing commissioners’ concerns.
Sonic cooks up new plan to blanket Indianapolis area with drive-ins
Sonic is the nation’s largest drive-in chain and has solid name recognition, but has struggled to gain a major foothold in central Indiana.
Enterprise gets OK to rent cars from unlikely Broad Ripple location
The company received approval Tuesday from a city zoning board to establish an outpost atop the underutilized parking garage at College Avenue and Westfield Boulevard
UPDATE: Forest Alliance sues to stop Crown Hill cemetery project
The controversy over the U.S. Department of Veterans Affairs’ plans to develop a military cemetery on 15 wooded acres north of Crown Hill Cemetery has ended up in court.
Milano Inn to close after more than 80 years
The sisters who co-own the restaurant say they’re in negotiations to sell it and will serve their last customers on New Year’s Eve.
Downtown Indianapolis condo goes for $4.8M in possible record sale
Encore Sotheby’s International Realty said the property was the largest single-family residential real estate sale in the local office’s six-year history and the largest ever in Marion County listed in the Metropolitan Indianapolis Board of Realtors database.
Trucking executive’s latest drive: youth sports
Perkins Global Logistics executive Andy Card and a business partner have opened a multi-sport, youth-sports facility in Westfield and hope to spread the concept to about 16 other communities.
Chatham Arch project gets chilly reception from neighborhood
A nearly two-acre property is shaping up to be pivotal in terms of what residents of one of Indianapolis’ most-desirable neighborhoods consider to be acceptable development.
Housing developer proposes 265-acre project next to Grand Park
Drexler Woods would include 490 single-family homes spread across 185 acres, as well as attached residential units and land for business use. Westfield officials will take a closer look at the project on Monday.
Black Friday deals helped lift U.S. auto sales in November
Black Friday deals — a relatively new phenomenon for the auto industry — are expected to pull November U.S. auto sales out of their recent slump.
Simplified Duke Realty winning over investors
The Indianapolis-based developer has narrowed its focus to industrial and medical-office properties. It's been selling off traditional office buildings, which used to make up the bulk of its portfolio.
Marketing veteran joins Circle Centre
Leslie Payne is returning to Simon Property Group to serve as director of marketing and business development for Circle Centre.
Broad Ripple jeweler finishes $3.6M renovation of historic downtown building
Nick Blum had planned to occupy the ground level but has changed course after several restaurateurs began expressing interest in the space.
‘Flexible’ lease space for tech firms to open downtown next year
A group of real estate investors have made a $10 million bet that they can sell leases in with terms as short as one year to adolescent tech companies.
Estridge, Browning plan 100 homes, inn on Simon’s Asherwood estate
Local homebuilder Paul Estridge Jr. has agreed to purchase the sprawling Simon estate on Ditch Road known as Asherwood and is proposing a development of 100 custom homes and an inn on the 107-acre property.
Community development veteran takes reins of once-troubled city land bank
Bruce Baird is leaving the Indianapolis Housing Agency to direct Renew Indianapolis, the not-for-profit that aims to return vacant properties to the city’s tax rolls.