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Focal point for Mass Ave project: Huge electronic screen
The most striking feature of a proposed $43-million development along Mass Ave is a Times Square-style electronic screen that would wrap around the building's corner and rise more than three stories.
$43M Mass Ave project to feature 235 apartments, three-story screen
City officials this morning unveiled plans for a $43 million redevelopment of a prime Mass Ave parcel occupied by the Indianapolis Fire Department.
Simon beats expectations, boosts dividend, outlook
Indianapolis-based shopping center owner Simon Property Group hiked its quarterly dividend and its forecast for full-year funds from operations as its tenants benefited from an increase in consumer spending.
City selects developers for Mass Ave project
City officials have picked the apartment specialist J.C. Hart Co., retail developer Paul Kite Co. and architecture firm Schmidt Associates to redevelop a prime Mass Ave parcel currently occupied by the Indianapolis Fire Department.
Fun with renderings: $6.6M Illinois Place Apartments
Development partners The Whitsett Group and The Children's Museum of Indianapolis held a ceremonial groundbreaking this morning for a planned $6.6 million redevelopment of part of the former home of Winona Hospital.
Report: Apartment gains could cool in 2013
Indianapolis-area apartment occupancy and rent rates should continue to grow in 2013, albeit at a slower pace, as developers finish more units and the single-family market picks up steam, the locally based apartment brokerage Tikijian Associates predicts in a new report.
Columbus newspaper building gets landmark status
Architect Myron Goldsmith and former Republic publisher Bob Brown developed the concept for the newspaper plant based on an open design offering full views of the building from the outside.
Indiana Fever, Finish Line reach jersey sponsorship
Indiana Fever players will wear a prominent Finish Line logo on the front of their uniforms as part of a major sponsorship deal with the Indianapolis-based athletic apparel retail chain, team officials announced Friday afternoon.
Paoli Peaks wins big in battle with landlord over logging
The owners of the Paoli Peaks ski resort have prevailed in a battle with their landlord, who had sought to squeeze additional revenue out of the 68-acre property by launching a logging operation.
Farmland prices going up in much of Indiana
A September study by Purdue University found farmland prices were as much as 18 percent higher than in 2011, and some appraisers say they continue to go up.
Indiana buying rustic Ohio River site from ex-Gov. Whitcomb
Edgar Whitcomb, Indiana's Republican governor in 1969-73, bought the rustic land in the 1990s and built three cabins there.
Tax bills slashed for pair of ailing malls
Marion County is granting Simon Property Group Inc. a $2.4 million refund, after a tax review board cut the value of Lafayette Square Mall and Washington Square Mall roughly in half.
Developer secures financing for $9M Irvington project
Developers are one step closer to building a $9 million apartment project to replace a blighted former hotel in Irvington.
Pampered pet roundup: Barkefellers sniffs out Avon
The popular Barkefellers pet hotel and spa on the south side is planning to open a new complex offering boarding, grooming, training and canine massage in the Avon area.
Kite Realty seeks $52 million in share offering
Kite Realty Group Trust Inc. is selling 10.5 million new shares at $5.20 per share in an offering set to raise at least $52 million for the Indianapolis-based retail developer.
Roundup: Fat Dan’s Deli, McNamara, Teddy’s Burger
Retail and restaurant vacancies are disappearing at a rapid clip around Indianapolis. Find out which concepts are coming soon.
Big downtown office tenants shopping for space
Expiring leases have prompted at least five major users of downtown office space to assess whether to renew or relocate.
Lender forecloses on Uptown Business Center
A lender has filed to foreclose on the Uptown Business Center, a neighborhood retail building at the southwest corner of 49th Street and College Avenue that a local developer had hoped to use as a springboard to revitalize the intersection.