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.
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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.
PROXY CORNER: Vera Bradley Inc.
Vera Bradley Inc., 2208 Production Road, Fort Wayne, Ind., 46808, sells handbags, accessories, paper-and-gift items and travel items through 55 retail stores, nine outlet stores, 3,300 specialty stores and through verabradley.com.
Ryland purchases 504 local lots from home builder
California-based Ryland Group Inc., the Indianapolis area’s third-largest home builder, said it bought the Indianapolis-area lots from Westport Homes.
Zionsville wins appeal in airport zoning dispute
The town now has zoning jurisdiction over Indianapolis Executive Airport, which is located within its borders following an annexation, but is operated by the Hamilton County Airport Authority.
New Fashion Mall food court to include Elevation Burger, Pinkberry, Naked Tchopstix
A handful of new-to-market dining options are joining the newly renovated food court at The Fashion Mall at Keystone.
RW Armstrong becomes unit of New York engineering firm
RW Armstrong and Associates Inc., Indianapolis’ fourth-largest engineering firm, has completed a merger with CHA Consulting Inc. that makes the local company a wholly-owned subsidiary of the Albany, N.Y.-based business.
Mainstreet Property affiliate stages $110M IPO
Mainstreet owns 18 percent of HealthLease Properties Real Estate Investment Trust, which sold 11 million shares of stock at $10 each. The stock began trading Wednesday morning on the Toronto Stock Exchange under the ticker HLP.UN.
Whitsett’s Lockerbie project will be market rate
Whitsett was counting on selling state-issued affordable housing tax credits to finance the $27 million project, but it wasn’t among the projects awarded credits.
16 Park developer to rebuild after ‘heartbreaking’ fire
The Friday blaze engulfed a four-story, 28-unit apartment building due to open this fall as part of the $34 million 16 Park project. The Indianapolis Housing Agency says construction will resume as soon as possible.
Cause, origin of apartment building fire undetermined
The fire destroyed part of 16 Park, a $34 million affordable housing development that's intended to help spur a revival of the 16th Street corridor.