Kokomo businesses to feel storm’s effects for months
City officials have estimated the storms caused $22 million in commercial property loss, a figure that doesn't take into account lost wages and productivity.
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Final piece of city land-swap deal almost done
Indianapolis Fire Department Credit Union officials are set to sign off on a deal with the city to build a facility downtown near College Avenue. That would clear the way for a $43 million project on the credit union’s current Mass Ave site.
Shares of Indiana retailers surge in 2013
Shares of The Finish Line Inc., HHGregg Inc. and Shoe Carnival Inc. have been on a tear this year, rebounding to outperform the major stock indexes and rising at least 40 percent in value through the first of December. By comparison, the S&P 500 has gained about 28 percent.
Group to determine if Anderson gym can be saved
Former Muncie Central High School basketball coach Terry Thimlar is proposing putting an NBA Development League team in the Wigwam in an effort to save the historic venue.
Michigan architecture firm opening local office
A Michigan-based engineering and architecture firm is expanding to Indianapolis and has signed a lease to occupy space on Massachusetts Avenue.
Black Acre seeking to increase beer production
Owners of the micro-brewery have signed a lease for 5,000 square feet of additional space in Irvington, but first they need a zoning variance from the city to start operations there.
Indy firm proposes redevelopment of ISU towers
Indiana State University is putting on hold its plans to demolish two 15-story former residence halls on the Terre Haute campus after an Indianapolis-based developer proposed taking them over.
Whitsett pivots to market-rate apartment projects
Next up is a renovation of the vacant Consolidated Building and a redevelopment of the Indianapolis Star headquarters property, both on North Pennsylvania Street. The projects will add 600 market-rate apartments to downtown.
Third-quarter commercial real estate statistics for Indianapolis
Here is a statistical snapshot of Indianapolis' multi-tenant vacancy rates and the local market.
Cyber Monday still growing despite earlier online sales
Shoppers bought online at the heaviest rate ever Monday, according to research firm comScore Inc. The strong performance was in contrast to Black Friday weekend spending, which fell an estimated 2.9 percent.
StreetLinks plans to move 200 employees downtown
StreetLinks, which sells real estate appraisal management services and software, plans to move from the far south side to the ground floor of the $30 million Artistry project at 451 E. Market St.
Mural on Broad Ripple parking garage to help anchor art path
A New York artist’s mural will be featured on the north side of the Broad Ripple parking garage to help root the new Art2Art trail on the north side.
Lauth acquires new apartment property in Greenfield
The local developer’s purchase of the complex is part of a shift within the company to complement its traditional development business with acquired properties.
Supreme Court won’t hear appeal over Internet taxation
The move likely will prompt more states to attempt to collect taxes on Internet sales — and ignite a furious battle in Congress between Internet sellers, brick-and-mortar stores and states hungry for extra tax revenue.
Record shopping crowds over weekend, but spending falls
Retailers got Americans into stores during the start to the holiday shopping season. Now, they'll need to figure out how to get them to actually buy things.
Shoppers flood stores in bargain-hunting spree
Faced with smaller crowds of less confident consumers, as well as six fewer days between Thanksgiving and Christmas than last year, retailers are pouring on margin-eating discounts to grab market share.
Pizza Hut offers job back to man who refused to work Thanksgiving
The pizza chain's corporate office issued a statement saying it respects an employee's right to not work on the holiday and that the store owner has agreed to reinstate the employee.
Summit awarded leasing of troubled BMO Plaza
The tall task of signing tenants for the troubled BMO Plaza, which sits nearly half vacant, has been handed to Summit Realty Group.
Design firm moving to new downtown space
Rowland Design Inc. was set to move from its longtime Lockerbie Square location to 702 N. Capitol Ave., adjacent to the Cultural Trail, on Nov. 30.
DMD’s Thies pushing for better design, more projects
Adam Thies, 36, arrived from the private sector in October 2012 and is beginning to put his stamp on the government agency that guides city development