Articles

IBJ Real Estate Power Breakfast transcript

Indianapolis Business Journal gathered leaders in the state's commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 13. The following is an unedited transcript of the discussion.

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Mall owners go from first to last in REIT market

Shopping mall owners like Simon Property Group, the best-performing U.S. property stocks for four years, have tumbled to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth.

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Drugstore slated for redeveloped Star property

A drugstore, likely a CVS or Walgreens, is expected to anchor the ground-level retail space that will be part of the planned mixed-use redevelopment of the downtown Indianapolis Star headquarters property.

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Investor home purchases raise rental concerns

Thousands of houses in Indianapolis and surrounding counties have been bought by investors in the past year, driving up prices and fueling residents' worries about what the future holds for their neighborhoods.

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New school to anchor Central State project

The first new non-residential building at the former Central State Hospital campus, at the corner of West Washington Street and Tibbs Avenue, will be a charter school. Christel House Academy West broke ground last month on about nine acres donated by the city.

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Pan Am Plaza hotel may sweeten bowl bid

Indianapolis officials hope to include plans for a new downtown luxury hotel in their bid for the 2018 Super Bowl, but they’re not sure all the pieces for a deal—potentially on Pan Am Plaza—can be put together before a bid presentation for 32 NFL owners in May.

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Indianapolis suburbs connecting the dots with trails

About 500 miles of trails already cut through Hamilton and Boone counties—including 125-plus miles in Carmel—and countless more are on the drawing board as suburban leaders strive to appeal to residents who want connected, walkable communities.

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