Gift lets land trust preserve 109 acres in Johnson County
A $200,000 gift from the Dr. Laura Hare Charitable Trust will help the Central Indiana Land Trust acquire 109 forested acres in southwest Johnson County.
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Articles
One Mass Ave project starts; another one is in limbo
Insight Development has begun building an $11.5 million, 61-unit apartment project at Massachusetts Avenue and East and North streets. But the fate of the second phase is up in the air because its financing had been tied to a project Insight and Flaherty & Collins Properties had hoped to develop across Mass Ave at the site of the Indianapolis Fire Department headquarters.
Homegrown Oobatz! taking former home of Uno pizzeria
The Zionsville restaurant Oobatz! is adding a second location in the former home of Uno Chicago Grill along East 82nd Street in front of the Clearwater Crossing shopping center.
Documents raise questions about price of I-69 land purchases
An INDOT spokesman said the state sometimes has to shell out more than the appraised value to encourage land owners to sell.
Another Broken Egg, Drake’s join local restaurant scene
Three others, including Granite City Food & Brewery, are adding to their number of Indianapolis-area locations.
$33 million mixed-use project to remake Fishers
Fishers officials are finalizing a deal with a local developer for a mixed-use project that would launch a long-awaited transformation of the town’s suburban core.
Simon spared no expense with Manhattan residence
The $25 million purchase ranked as the 12th-largest residential sale in New York City last year, according to the real estate website Curbed NY.
Battered Broadbent climbs back from brink
One of the city’s best-known retail developers is alive and kicking again after a harrowing real estate downturn and protracted legal battle with two lenders.
$12M apartment project serving homeless veterans planned for former foundry
City and local not-for-profit officials plan to break ground Thursday (Nov. 8) on the city's first supportive housing facility for homeless veterans.
Area home-building permit filings surge 46 percent
The Builders Association of Greater Indianapolis said October’s jump marked the biggest year-over-year increase this year. Activity was strongest in Hamilton and Hendricks counties.
Restaurant roundup: Drake’s, El Rodeo, Granite City
A few new restaurants are popping up around Indianapolis, including a popular restaurant and bar and a sit-down Mexican chain.
Local Ruth’s Chris franchisee takes aim at breakfast
The operator of the Ruth’s Chris Steak House locations in Indianapolis is delving into the breakfast business by acquiring the rights to open 16 Another Broken Egg restaurants. The first is slated to open in February on the north side.
Mass-transit advocates make headway in new Legislature
The $1.3 billion transit plan for Hamilton and Marion counties is one of a few lingering issues — along with Sunday alcohol sales and a constitutional amendment banning same-sex marriage — likely to appear before lawmakers in 2013.
Suzuki files bankruptcy, leaving U.S. market
The decision will affect two dealerships in the Indianapolis area: Bob Rohrman’s Indy Suzuki and Used Car Superstore and the Ray Skillman Westside Auto Mall, both of which sell new Suzuki vehicles.
FacadeTek eliminating 72 jobs in Whitestown
Glass fabricator FacadeTek Inc. has notified state officials that it will eliminate 72 jobs at its Whitestown facility in January.
Buffett-owned residential brokerage network to have presence here
Omaha-based Berkshire Hathaway Inc., through its HomeServices of America unit, bought a majority stake in the Prudential and Real Living real estate franchises from Brookfield Asset Management.
Two Indianapolis office buildings in foreclosure
The buildings on the northwest side of the city total nearly 200,000 square feet and are owned by an affiliate of a company that operates 12 cemeteries and four funeral homes throughout Indiana.
Kite Realty reports higher revenue, bigger loss
Kite Realty Group Trust Inc. reported higher revenue and a bigger loss during its fiscal third quarter, a busy period during which the company raised $60 million from a share offering and bought one Florida shopping center and sold another.
HHGregg adds furniture, exercise gear as TV sales fall
HHGregg Inc. is looking for ways to boost sales at its 224 stores in coming months as the homegrown company fights to offset a huge drop in TV sales. The retailer reported a big decline in quarterly revenue Friday, but its shares soared nearly 19 percent.
Dry cleaners moving to ‘perc’ alternatives
One of the region’s largest dry cleaning companies recently washed its hands of perchloroethylene, the dry cleaning chemical at the heart of about 170 cleaner site cleanups statewide.