City officials hope the transit hub will serve as a signature structure that could trigger further development in the area. Work is expected to begin in the fall; completion is expected by the end of 2015.
The company eschews traditional—and expensive—mass marketing in favor of face-to-face solicitations.
The latest plan to redevelop Pan Am Plaza calls for two hotels, residential units and restaurants spread across two towers as tall as 20 stories each, sources familiar with the details told IBJ.
Construction of the hub, which Mayor Greg Ballard noted Thursday in his annual State of the City address, is set to begin this fall with completion expected by the end of 2015.
Simon Property Group Inc. has chosen the name for its planned spinoff of strip shopping centers and smaller enclosed malls, and hired Mark Ordan to be the new company’s CEO.
In a strange twist, the Department of Metropolitan Development says another vote on the project will be taken March 5.
State Auto Insurance is seeking to sell its nearly 200,000-square-foot regional headquarters building in Midtown and is listing the property for $9.1 million.
The bulk of the money, to be spent over five years, will go to a 134,000-square-foot health sciences center, which will provide training space for the university’s nursing, physical therapy and other health care students.
Indianapolis International Airport officials agreed Friday to unload Giorgio’s and two Cold Stone Creamerys in favor of three new food vendors. They also considered several tough tweaks to the facility’s smoking ban.
Weaver’s Lawn & Garden Shop at 1316 Broad Ripple Ave. has been in business for decades. Now that family members have sold the property, local leaders hope the land eventually can serve as a recreational link.
ExactTarget Inc. is evaluating downtown sites where it could build a headquarters tower as large as 500,000 square feet, real estate brokers familiar with the discussions told IBJ.
The six Republicans vying to be Fishers’ first mayor fall into two camps on the key issue of growth: those who support recent efforts to spur business activity downtown, and those who advocate a more hands-off approach.
Zionsville-based Apex Energy Solutions is reporting a decade of double-digit annual growth and company founder Michael Foit has licensed his trademarked “Flipside” selling strategy and proprietary technology to independent operators in more than a dozen markets.
A pair of commercial real estate brokers had planned to invest $1.5 million in the 5,700-square-foot project, but the proposal received a chilly reception from the city’s Metropolitan Development Commission.
Technology and work habits are prompting firms to squish space allotted to workers.
Chambers Street Properties purchased the 622,440-square-foot distribution center completed early last year. Hartz Pet Products occupies the entire space.
Civil forfeiture lawsuits have been filed in Tippecanoe and Marion counties, accusing the Mexican restaurant owners and others involved with the businesses of illegally obtaining the money.
The sporting good retailer, which has more than 200 stores in 17 states, will consolidate distribution into a new, 735,000-square-foot building.
A proposal under consideration by the Legislature would curb rental-property inspection programs, but local officials worked with its author to let cities set up landlord registries.
