Controversial Broad Ripple office project gets go-ahead
Metropolitan Development Commission members this time voted to approve the project on North College Avenue after a bizarre procedural twist last time prompted a re-vote.
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Team vying to redevelop GM plant site releases its plans
Now that Mayor Greg Ballard is lobbying to build a criminal justice complex on part of the property—a use not included in any of five initial proposals—one hopeful development team believes it’s time for the public to see what it envisions for the site.
City pitches case for jail on former GM plant site
Indianapolis Director of Enterprise Development David Rosenberg met with west-side residents Tuesday evening to explain the city’s preference for putting a new criminal-justice complex on the former GM stamping plant property.
Home construction ticks up amid harsh weather
The central Indiana home-construction industry saw a small rise in business in February, the Builders Association of Greater Indianapolis reported Tuesday.
City to consider $7.7M bond issue to assist Broad Ripple project
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.
Old county jail up for auction in central Indiana
The tan brick building on the courthouse square in downtown Lebanon was the Boone County Jail from 1938 until 1992.
Roundup: La Mulita, Artisano’s, Tinker Street
La Mulita, a cantina-style restaurant, is moving into the SoBro building that houses Delicia, Artisano’s is taking the last available space at Nora Shops West, and Tinker Street is expected to open this summer on East 16th Street.
Lawmaker Turner worked to nix nursing home ban
A powerful House Republican secretly lobbied colleagues in the final hours of the 2014 session last week to kill a measure that would have been disastrous for his family's nursing home business.
Council backs city financing plan for $81M tower
The Indianapolis City-County Council voted 18-9 Monday night to provide up to $23 million in city financing for the project, with the stipulation that 30 percent of the workers hired to build the 28-story building live in Marion County.
Home-remodeling firm giving new life to vacant Carmel center
The vacant, 14,500-square-foot property in the heart of the city has been purchased by a local home-remodeling company, which plans to occupy half the building and lease the rest.
Home-sale agreements continue disappointing trend
Pending home sales in the nine-county area slid 22.8 percent in February compared with the year-ago period. That was only a slight improvement from the 31-percent fall recorded in January.
Indiana Limestone wins court approval for auction
The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.
Cinnabon, Orange Leaf target of local lawsuits
Franchisees of the national chains are accused of breaking lease terms. Cinnabon allegedly owes thousands of dollars in back rent and Orange Leaf never occupied the downtown space it said it would.
Compromise bill allows state to spend $200M on interstates
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
Palladium construction lawsuits costing panel millions
The cash-strapped Carmel Redevelopment Commission has spent more than $6 million since 2009 “responding to, defending and settling” legal claims from contractors involved in construction of the city’s Palladium concert hall.
Toyota dealers trying to stop Ed Martin’s relocation
Butler Auto Group has been selling Toyotas in Indianapolis since 1966. Ed Martin Auto Group has been selling Toyotas in Anderson since the 1980s. So when Toyota Motor Sales USA recently allowed Martin to move its dealership 20 miles west, to Noblesville, Rob Butler started seeing red.
Washington Square’s woes leave it at bottom of heap
The east-side mall's occupancy has fallen to 43.8 percent, down from was 86.6 percent in 2011 and 77.2 percent in 2012.
UPDATE: Mayor picks GM site for criminal justice complex
Mayor Greg Ballard will recommend that a proposed criminal justice complex be located on the former GM stamping plant on the western side of downtown—not the airport property that ranked highest in a market study.
U.S. retail sales rebound after two slow months
Retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture, the Commerce Department said.