Buckingham recruiting tenants for CityWay office building
Structure to be built steps away from Rolls-Royce, Lilly and newly built apartments and retail space.
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Articles
Mayor mulls City-County Building management deal
Mayor Greg Ballard is giving the private sector its first shot at managing the City-County Building since the downtown structure opened 50 years ago. The city and county lease it from the Indianapolis-Marion County Building Authority, but Ballard’s office has posted a request for information from real estate firms interested in a 30-year operating agreement.
Burd Ford dealership closing by end of June
Manager Jon Parson told IBJ that he had "no idea" why the dealership was closing. Christine Burd took over the business in late 2009 following the suicide of her husband, Richard Burd.
Indianapolis fastest-growing companies run the gamut
This year’s list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging from human resources to office furnishings to construction to home health care and games.
Illinois Place apartments planned for former Winona site
The $6.5 million project, led by the Children’s Museum of Indianapolis, will include 50 apartment units, 22,000 square feet of commercial space and a 2-acre park. Construction could start by the end of the year.
New rendering: CityWay’s 3-story office building
CityWay developer Buckingham Cos. has begun recruiting tenants for an office building it plans to construct at the northeast corner of Alabama and South streets just east of where it is building The Alexander hotel.
Central Indiana housing market enjoys strong May
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
Lauth embarks on turnaround of The Congressional in Carmel
The local developer moved its offices into the building and plans more than $2 million in upgrades to reposition a property that fell on hard times at the dawn of the national real estate crisis.
Area sees May surge in residential building permits
New-home construction in the Indianapolis area rebounded last month from a poor April to post a big year-over-year increase.
Simon Property’s revolving loan signals overseas deals
Simon Property Group Inc., the world’s largest real estate investment trust, has increased its firepower for potential global expansion with a $2 billion revolving line of credit in six currencies.
Sound equipment retailer plans expansion, 316 jobs
A Fort Wayne-based retailer of music and sound equipment said Friday that it plans an expansion that would roughly double the size of its headquarters campus and create more than 300 jobs by 2016.
Angie’s List CEO Oesterle grows east-side footprint
Bill Oesterle’s firm Henry Amalgamated has purchased 48 properties in the Holy Cross neighborhood from 2006 through this May. Nearly 40 percent of those purchases have been made since Angie’s List struck a $7.1 million incentives deal with the city of Indianapolis in October.
Schneider Corp. CEO’s caring ways help firm survive tumult
Victoria Schneider Temple’s 50-year-old family engineering firm, The Schneider Corp., survived drastic cutbacks during the recession through a culture of respect and integrity.
Spec office building near Keystone to be first since 2008
A local developer plans to break ground this month on a three-story office building near Keystone at the Crossing that would be the market’s first speculative office development in four years.
Keystone revamps Broad Ripple garage after zoning defeat
The developer of a $15 million parking garage and retail project in Broad Ripple has overhauled its plans to comply with flood-plain rules and expects to start construction this month.
U.S. retail chains spending billions in bet on growth
For all the concern that the U.S. economy may be slowing, retailers from Express Inc. to Indianapolis-based Finish Line Inc. are poised to spend the most on capital improvements since the recession.
Check out new rendering of the $20M Ironworks project
A Wisconsin developer has scaled up its plans for the southwest corner of East 86th Street and Keystone Avenue across from The Fashion Mall at Keystone.
MainSource Bank snags prime former Borders space
MainSource Bank plans to open its first Indianapolis branch in part of the former home of Borders at the southeast corner of Meridian and Washington streets downtown.
Study proposed on future of Anderson’s Wigwam gym
An architect is proposing a study for finding a new use for Anderson's closed Wigwam gymnasium, possibly turning it into a convention center.
Interchange project changes retail prospects on west side
Land at the Waterfront Office Park that sat vacant for decades is now ripe for retail development thanks to the reconfiguration of a west-side interstate interchange.