Farmers seek rescue from unexpected property tax hit
New soil-productivity factors issued by the Department of Local Government Finance last year would have raised tax collections an average 18.5 percent this year.
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Report: Outlook bullish for Indy industrial development
Expect to see more big distribution centers in the Indianapolis area as you drive around town or come in for a landing at Indianapolis International Airport.
Roundup: That Fun Place, Salon Lofts, Five Below
Coming soon to the Indianapolis area: A family amusement center, a series of upscale salons and a youth-oriented general store where everything costs $5 or less.
Cassidy Turley offers mixed outlook on Indy real estate
The city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more cautious view on the office and retail sectors, predicting that uncertainty caused by political gridlock could hamper an already sluggish recovery.
Area homebuilding hits highest mark since 2008
The number of home construction permits in the Indianapolis area jumped 16 percent last year, marking just the second year-over-year increase in filings since 2005.
Duke Realty sells six-building local office complex
Two Illinois companies have acquired a six-building, 446,000-square-foot Indianapolis office portfolio from locally based Duke Realty Corp. Industry sources say the buildings sold for more than $20 million.
U.S. banks to pay $8.5B in mortgage settlement
Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting the best of the deal.
Greenfield gun seller, others seeing run on guns
Gun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply toward the end of 2012.
Local elevator service firm bought by German company
The Indianapolis elevator repair and installation company has been acquired by ThyssenKrupp AG. Amco Elevator was founded in 1965 and had been locally owned until the purchase.
$30M Keystone mixed-use project seeks city approval
Hendricks Commercial Properties wants to build a five-story, L-shaped building with more than 36,000 square feet of ground-level retail space and 130 high-end apartments on the upper floors.
Bales partner pleads guilty in deal with prosecutors
Indianapolis attorney and developer Paul J. Page has agreed to cooperate with federal prosecutors in an investigation that targets former Marion County Prosecutor Carl Brizzi.
Finish Line suffers surprising quarterly loss
The earnings fell short of predictions by analysts polled by Thomson Reuters, which recently forecast per-share earnings of 10 cents on revenue of $296 million.
Fortune’s death puts 14 West building up for grabs
A historic brick building long used as a restaurant and hotel suites next door to Circle Centre mall is going up for sale for the first time in almost a decade, with an expected asking price of $4 million.
Investor: Kroger missed chance to buy ‘linchpin’ property
Owner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property to make way for new downtown store.
Roundup: Twist, Marco’s, Yats, Side Street, 14 West
Find out about the latest comings and goings among central Indiana restaurants including a new cocktail lounge in South Broad Ripple and the departure of a downtown fine-dining staple.
Investor: Kroger missed chance to buy ‘linchpin’ property for new store
The owner of a row of three 1930s apartment buildings—which Kroger claims are standing in the way of a new store at 16th Street and Central Avenue—says he tried for months to sell the buildings to the grocery chain for a total of $175,000 but never got an answer.
Bazbeaux founders settle lawsuit
Former husband and wife agree to end joint ownership of pizza restaurant, ending dispute that erupted with opening of Fountain Square sandwich shop.
Developer loses fraud appeal
The Indiana Court of Appeals affirmed Christopher White’s 2009 conviction, resulting from a $500,000 bad check he wrote as he tried to save his real estate development firm.
Former Lifestyle gym building target of foreclosure
The owner of the building at 4225 E. 82nd St. owes $4.9 million on a $7.4 million loan, according to the suit. The tenant, Lifestyle Family Fitness, closed the location in November 2011.
Survey sees jump in e-reading, drop in paper books
The tastes of the reading public are turning digital, as the number of Americans owning an e-book device or tablet grows and the number of readers of traditional books drops.