IPS board chief recuses herself from Mass Ave land sale
To avoid appearances of a conflict of interest, Mary Ann Sullivan has removed herself from the bid process because of her husband’s ties to the two Milhaus bids.
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Timelines for construction projects along I-69 overlap
Nearly $126 million of federal, state and local dollars will be pumped into the heavily traveled highway to give it a major face-lift from 106th Street to north of Campus Parkway.
$1B Methodist revamp might spawn housing rush
Indiana University Health hopes its $1 billion plan to expand Methodist Hospital will spawn nearby development, creating an area where employees can live adjacent to where they work.
Developers withdraw proposal for Mass Ave digital display
They said they would submit another design for the billboard after it became clear Wednesday that Indianapolis Historic Preservation Commission members wouldn’t support the current version.
Rendering: Historic church property’s conversion into hotels
Downtown’s Bethel African Methodist Episcopal Church is part of a $30 million plan to redevelop the property into two hotels totaling more than 200 rooms.
Judge urges Staples, Office Depot to discuss $6.3B deal
U.S. judge urged Staples Inc. and Office Depot lawyers to “sit down and talk” with the Federal Trade Commission about terms for resolving the agency’s opposition to their proposed merger.
Local CBRE office loses leader to another real estate firm
The Indianapolis area’s largest commercial real estate brokerage is searching for a new director with the departure of John Merrill to co-lead the local office of Holliday Fenoglio Fowler LP.
Long-struggling surfwear chain nearing bankruptcy
Pacific Sunwear of California Inc., which operates 11 stores in Indiana and three in the Indianapolis area, is preparing to file for bankruptcy, according to people with knowledge of the situation.
Big southwest-side industrial project begins approval process
The 2.2-million-square-foot development would add to the growing inventory of industrial buildings, which is causing vacancy in the sector to tick up.
Montage on Mass developers prepare again to push ‘digital canvas’
They argue that the three-story display is critical to promoting the local arts community. But city historic preservation staff has recommended that it be denied.
Hancock Fabrics to close remaining stores
The Hancock Fabrics’ website is advertising a going-out-of-business sale online and in its stores, including those at 2192 E. 116th St. in Carmel and 8811 Hardegan St. on the south side of Indianapolis.
Indiana court rules against Mexican man seeking lost wages
A Mexican man who injured his back while working on a masonry project in Indiana was dealt a legal setback Thursday in his efforts to force the contractor to pay his lost future earnings at the U.S. pay rate rather than the rate in his home country.
Downtown hotel plan incorporates black church
The city’s oldest African-American church is poised to become a hotel as part of a larger, $30 million project that could add more than 200 rooms to downtown’s lodging inventory.
$77M Fishers sports complex appears stalled
Its developer boasted last summer that the Fishers Sports Pavilion already was booking events for 2016. But the site sits vacant.
Roundup: Mongolian grill closes at Clearwater, Morty’s moving nearby
A sign on the closed doors at BD’s Mongolian Barbeque from its landlord warns against trespassing on the space, while Morty’s Comedy Joint prepares to take the nearby Don Pablo’s building.
Sun King taps White River State Park chief as new president
The Indianapolis-based brewery said Robert Whitt will replace co-founder Omar Robinson, who turned 78 this month and will retire in April.
Old National moving local base to Monument Circle
The Evansville-based bank has secured space in the IPL Building and plans to relocate local executives and a downtown branch there this fall.
Urban Land Institute lauds Milhaus’ Circa for bike-friendly features
The downtown apartment project is one of 10 real estate developments worldwide recognized by the Washington, D.C.-based not-for-profit for cycling amenities.
Mother-daughter home rehab team lands series on HGTV
Mother-daughter team Karen E Laine and Mina Starsiak, who own Indianapolis-based renovation business Two Chicks and a Hammer Inc., scored their own television series on HGTV.
U.S. home prices rising faster than average incomes
U.S. home prices climbed at more than double the rate of incomes in January, a trend driven by tight supplies that could ultimately create affordability challenges.