Lombardo selling local lots to Fischer Homes
Michigan-based Lombardo Homes, which entered the Indianapolis-area market two years ago, is selling nearly 200 local home sites and wrapping up central Indiana operations.
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Fishers accepting proposals for downtown half-acre site
The Fishers Redevelopment Commission is looking for a new two- or three-story building to occupy about a half-acre of land in the Nickel Plate District.
Developer plans $11M apartment project near state fairgrounds
BWI LLC has purchased an industrial property near Fall Creek Parkway and East 38th Street and plans to convert the building into 49 affordable and market-rate units.
Software firm Bloomerang snags free land for HQ move
The donor-management software firm says it plans to spend at least $8 million building a headquarters complex at Fort Harrison, part of an attractive deal that involves free public land and a roughly $300,000 grant.
Pence passes law to address vacant housing
City officials in Indianapolis are applauding a vacant housing law signed by Indiana Gov. Mike Pence, despite the fact that it won't let municipalities hold banks responsible for upkeep on so-called “zombie homes.”
UIndy embarking on $25M student housing project
The university plans to break ground later this month on the four-story apartment building that will house up to 480 students along the Shelby Street corridor.
New Bloomington hotels embrace urban, new-age styles
Three hotel projects finished last year have added about 420 rooms to the city’s tourism industry. And at least 260 more are on the way by 2017’s end.
Review of Mounds Lake reservoir study raises new questions
Opponents of a proposal to build Indiana's first new reservoir in more than four decades by damming the White River in Anderson say they hope a peer review of a feasibility study helps kill the project before more money is spent.
Miller Pipeline acquires North Carolina company
North Carolina-based A & B Trenching Co Inc., founded in 1985, employs about 200 people and has revenue of about $20 million per year.
Rivoli theater renovation would help spur arts hub
A plan to save the 1927 structure is beginning to take shape as part of a larger effort to transform the three-block stretch of East 10th surrounding the Rivoli into a magnet for arts-based organizations.
Fishers airport compromise puts prime land into play
The runway at Indianapolis Metropolitan Airport in Fishers is set for an upgrade, and dozens of acres on the airport’s perimeter might be developed for industrial and retail use—signaling a turning point in a long-simmering feud.
Kroger’s onslaught will put Marsh under further siege
Marsh, which has retrenched repeatedly since being acquired by Sun Capital Partners in 2006, now must weather even more competition from Kroger.
Pence signs bill repealing Indiana construction wage law
Local boards will no longer set minimum wages for public construction projects in Indiana under a law signed Wednesday by Gov. Mike Pence.
Purdue programs moving to Switch development in Fishers
Two Purdue University programs have announced intentions to occupy the second floor of the Fishers Switch development.
Giant Eagle wins battle to demolish church, build gas station
Members of the Metropolitan Development Commission voted 4-2 Wednesday to let Giant Eagle Inc. pursue its plan to demolish a historic church and build a gas station and convenience store in the town of Cumberland.
Plainfield mall owner kicks off $11.1M renovation
The Metropolis mall will receive a facelift, as well as a name change. Its owner hopes the massive retail center that struggled under previous ownership can become a regional draw.
$32M student housing project proposed near White River
Annex Student Living LLC wants to build a six-story, 248-unit apartment building along West 10th Street on a four-acre parcel the company has agreed to buy.
Zionsville considers financing plan for new town hall
The Zionsville Town Council discussed a financial arrangement Monday night that would include constructing a new town hall on the land directly north of where the existing municipal building sits on Oak Street.
Legislation protects county assessments on big-box stores
A new measure on the taxation of big-box stores is expected to help Indiana counties avoid fiscal disaster, but national retailers aren’t happy about it.
Beverage bottler plans $6.3M local distribution center
American Bottling Co. plans to develop a $6.3 million distribution center on the northwest side of Indianapolis, leaving behind a site it has occupied in nearby Park 100 for 40 years.