TOLLIVER: Evolving market dynamics impact medical real estate
As medical innovation continues to flourish in our city … you can expect to see a direct impact on the where and how you and your loved ones receive comprehensive medical services.
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New local burger joint planned for downtown
The owners of downtown's Pita Pit are launching their own quick-casual burger joint at the southwest corner of Ohio and Delaware streets.
Rivoli Theatre finally cleared for comeback
A legal battle that had threatened the east-side landmark has been settled, and a $300,000 grant has been secured to begin stabilizing it.
Indiana fireworks bans hitting dealers hard
Fireworks retailers around Indiana say their sales have taken a big hit from the fireworks bans being put in place because of the state's drought conditions.
J.C. Penney closing distribution center, laying off 230
The distribution center, which opened in 2002 near the Indianapolis International Airport, will close by the end of September, company officials said.
Roundup: Half Price Books, GFS, Mr. Dan’s, Granite City
Several retailers and restaurants are making moves in Indianapolis. For the latest, make sure to follow @PropertyLines on Twitter.
Finish Line stock jumps after profit exceeds expectations
The Indianapolis-based retailer’s profit fell 25 percent in the first quarter, but beat analyst predictions. Shares rose nearly 12 percent on the day.
A year later, Circle Centre Nordstrom vacancy lingers
Without a rapid-fire lease deal and renovation, the former Nordstrom anchor space at Circle Centre will sit idle for a second holiday season. The more general-audience-oriented department store chain Macy’s remains the odds-on favorite to replace Nordstrom, though it would take only a portion of the available space.
Land trust buys 55 acres in Morgan County
The Central Indiana Land Trust announced Thursday that it has purchased 55 acres of land south of Mooresville to ensure that it remains protected from future development.
Commission to recommend more limits on local TIFs
A study commission on tax-increment financing will vote Thursday evening on a set of policy recommendations that would limit the use of TIF districts in Indianapolis.
Anderson’s former GM plants getting second look
Anderson officials said they are excited that companies have been showing interest in some of the industrial or commercial properties left by General Motors that need or are undergoing environmental cleanups.
Kroger convinces council member of need for gas station
Kroger Co. will add a gas station to its store at West 86th Street and Township Line Road after successfully lobbying an Indianapolis City-County Council member who'd threatened to stand in its way.
Lawrence Township finds buyers for surplus buildings
The northeast-side school district has sold one building, has three offers for another and is seeking tenants for 100,000 square feet in a third building.
Residents allege poor construction at another Kosene condo project
The homeowners association at the Packard condominiums plans to file a lawsuit this week against developer Kosene & Kosene Residential and other companies, alleging the 62-unit downtown building was "improperly constructed and is deteriorating."
History on the block
This example of Jacobethan Revival architectural style, the Glossbrenner Mansion at 3202 N. Meridian St., is about to be listed for sale.
DIRECTORY: Home Builders Directory
Mark S. Adams Building Corp. 8058 Bowline Drive, 46236 (317) 590-3690 / fax (317) 826-0120 Website: msabuildingcorp.com Average price of homes: $700,000 Areas of most activity: Marion County Head(s) of local operations, title(s): Mark Scott Adams, president Owner(s): Barbara W. Adams, Mark Scott Adams Established locally: 1980 Adams & Marshall Homes Inc. 9310 N. Meridian […]
Indianapolis house is retreat and headquarters for designer, sculptor
It was on a long-ago trip to Hawaii that the couple decided to bring a little bit of vacation into their everyday lives, launching a design and construction process that would result in their dream home.
Area real estate agents retool to stay relevant
With information booming online, agents are offering more services.
Kroger, using gas to lift market share, hits speed bump
Gas stations occupy an increasing number of Kroger parking lots, but Cincinnati-based Kroger Co. is facing opposition to a proposed gas station at its West 86th Street and Township Line Road grocery.
TIF study highlights district shortfalls
The tax-increment finance district created around the former United Airlines maintenance hub at Indianapolis International Airport doesn’t generate enough revenue to meet its annual debt payment. Neither do several other area TIF districts.