Anderson is the first city in Indiana to try a process that uses infrared technology to heat and melt existing asphalt, which is then broken up and removed, mixed with fresh oil and returned to the road surface.
Several big development projects planned for Westfield are under way or awaiting approval, but plans for a retail center at U.S. 31 and 161st Street have been on the shelf for several years due to the economy and road construction.
Bill Ackman’s Pershing Square Capital Management LP, the second-largest investor in General Growth Properties Inc., urged the mall owner to enter negotiations for a takeover by rival Simon Property Group Inc.
Philadelphia-based BPG Properties Ltd., which owns the building at 8888 Keystone Crossing that Bell is vacating, has purchased Bell’s new headquarters at 4400 W. 96th St.
General Growth Properties' largest shareholder said it won’t pursue a takeover of the company and has no interest in unloading its stake after investor Bill Ackman urged the mall owner to consider a sale.
A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
One of General Growth Properties Inc.'s largest shareholders says Indianapolis-based Simon Property Group has discussed acquiring the Chicago-based shopping mall competitor.
A nearly 100,000-square-foot office building on East 46th Street in Indianapolis is in foreclosure after lenders found the owner in default on a $4.5 million loan. A hearing to appoint a receiver to manage the property has been set for Sept. 5.
The call center software maker won’t comment on a report issued earlier this month by Jones Lang LaSalle that said the company is shopping for more than 225,000 square feet of office space.
Indianapolis-based Ratio Architects Inc. has signed an agreement with Zhejiang University Design Institute in Hangzhou, China, in an attempt to pursue design work in the country.
Right On Interactive next month plans to move its 30 employees from 5,000 square feet at 136 E. Market St. to about 7,000 square feet on the second floor of Allen Plaza, the luxury condo complex at 1 Virginia Ave.
Simon Property Group has nabbed some big name, new-to-market tenants for its multi-million-dollar revamp of The Fashion Mall at Keystone.
The local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable buyer four years ago. The family is expecting better results this time because it’s willing to break up the portfolio and sell the buildings individually.
The Corydon Group bought 125 W. Market St. Aug. 2 and will occupy the 4,200-square-foot top floor of the three-story building after renovations are finished in early November.
Scott Wynkoop took first place in the solo category of IBJ’s annual list of All-Star Agents for the second straight year.
An IBJ directory of custom electronics installation companies.
Bif Ward extended her reign at the top of IBJ’s annual list of All-Star Agents for the fourth year in a row.
Forrest and Charlotte Lucas kept original touches including a painting with original owner Steve Hilbert holding a spear, but otherwise aimed to make the mansion more casual. (with 360-degree photos)
More homeowners are taking the plunge on pricey home remodeling projects—ranging from kitchens, bathrooms and basements to outdoor living areas and whole-house makeovers—after a roughly five-year lull that began with the housing downturn.
Both the exterior and interior of this French chateau-style mansion at 5111 N. Meridian St. need significant TLC to restore its former grandeur.
