Construction of the new fire station on East 10th Street would help clear the way for a $43 million apartment and retail project on Massachusetts Avenue where the Indianapolis Fire Department’s headquarters now stands.
The Indianapolis Neighborhood Housing Partnership will use the funds to help qualified residents purchase homes and revitalize their neighborhoods.
The new outlets are staffed by Staples employees, not postal workers, and labor officials say that move replaces good-paying union jobs with low-wage, nonunion workers.
Shelby County commissioners have awarded a $2.3 million contract for construction of the new grandstand to Zionsville-based RL Turner Corp.
The local group wants a judge to overturn the city’s decision to grant zoning variances for the apartment-and-retail project. In the meantime, developer Browning Investments is moving forward with its plans.
Holladay Properties says it's donating the land valued at about $4.3 million to the Central Indiana Land Trust.
The bill would give the State Budget Committee the authority to transfer $400 million from the Major Moves Trust Fund to the state’s main highway fund.
Because Pittsburgh-based Giant Eagle wants to enter the Indianapolis market, you'd think it would initiate discussions to buy Marsh Supermarkets, which has been hanging a for-sale banner for years. But a Giant Eagle spokesman said there have been no discussions.
Nursing home companies went on a building spree in Indiana, and now most of them want the Legislature’s help reining in high operating costs brought by over-capacity.
Veteran seafood operators Nick and Andrew Caplinger opened a shop in December at East 75th Street and Shadeland Avenue that boasts a wide variety of fresh fish.
Van Rooy Properties donated a two-building apartment complex on the city’s east side that will enable Progress House to expand the number of beds it provides to recovering alcoholics and drug addicts.
The city’s largest real estate brokerage predicts that 2014 will mark the first year the economy feels like it’s actually recovering, as all sectors of the commercial real estate market continue to improve.
Single-family building permits in the nine-county Indy metro area surged in December, ending a two-month decline in filings.
Mainstreet Property Group CEO Zeke Turner, the son of Republican state Rep. Eric Turner, is fighting a bill that would halt construction of nursing homes in Indiana.
Zionsville officials on Monday agreed to sell 15.6 acres in the new Creekside Corporate Park to Hat World Inc. for $577,200. Local incentives tied to the deal could allow the company to recoup at least half of the purchase price.
Home-sale agreements in central Indiana plummeted 18.6 percent in December, as the market continued a downward trend.
Holiday sales rose 3.8 percent from last year, just shy of the forecast, the National Retail Federation said Tuesday. But sales came at the expense of profit as stores had to discount early and often to get shoppers to spend money.
Aldi has purchased the land on Indiana 135 where a Pizza King restaurant and Dannemiller True Value store sit. The company will tear down the buildings to accommodate the new grocery.
Developer J. Greg Allen had planned to build condominiums on the site before the housing market crashed. He relinquished the property to his lender, BMO Harris.
Mayor Greg Ballard’s administration has agreed to a new policy around creating and managing tax-increment finance districts. The policy is headed to the City-County Council for approval.
