An attorney for Keystone Construction Corp. asked the five-member board to delay a hearing on the garage to allow the developer to meet with officials from the City of Indianapolis’ Department of Public Works about construction of a levee system along White River.
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
Jerry Dahm is asking a Hamilton Superior Court judge to force the two owners of the company to buy his stake in its real estate arm for more than $26.2 million, on top of another $3.3 million he wants from his share in the car wash chain. The two owners already have agreed to pay him $17.1 million.
David Simon must remain CEO of Indianapolis-based Simon Property Group for at least six years to see any of the $120 million in special stock awards the company’s board of directors awarded him last year, and must stay on eight years to reap the full amount.
A partnership of north-side neighborhood groups is developing a plan to clean up and revitalize Fall Creek with a goal of reestablishing the waterway as a community asset.
The theater, at 3155 E. 10th St., has the potential to be a catalyst for further redevelopment of the corridor if the not-for-profit that owns it can win complete control of the 1927 structure and stabilize it.
City officials are recommending that construction of the $15 million parking garage and retail project be denied because the property sits 4 feet below a flood plain.
The presidential election is still a long way off, but large numbers of Indianapolis-area gun owners seem to think Barack Obama is a surefire bet for a second term. Uneasiness over his re-election (and fear that he might push for strict gun control laws) has sparked a run on weapons and ammunition.
Amo Pizza Shop beat out Rock Star Pizza in a competition intended to boost sales for 16 homegrown eateries.
Preservationists want protections for the historic waterway, but the utility that just bought it is afraid National Register status will cause unintended consequences.
Despite objections from unsecured creditors, a federal bankruptcy judge granted the jeweler's request to hire an outside consultant to help it seek alternative financing to repay the balance of a PNC Bank loan.
New car sales nationally rose about 13 percent last month as consumers replaced aging vehicles and took advantage of cheap financing. Sales were way up for many Indianapolis auto dealers.
A local entrepreneur is laying the groundwork for a $20 million transformation of a soon-to-close automotive plant into a sustainable farming operation that would raise fish and hydroponic vegetables.
Bloomington-based medical device maker Cook Group announced Tuesday it would restore the 750-seat Tivoli Theatre in downtown Spencer, which was built in 1928 and boarded up in 1999.
Atlanta-based restaurant chain discloses most of the seven to nine new restaurants planned this year will be in the Indianapolis area.
Healthcare Trust of America now handles property management and leasing for 29 buildings formerly managed by Hokanson Cos.
What did the founder of Cafe Patachou learn from Butler's Brad Stevens? Why not try franchises? Martha Hoover responds in Part II of her IBJ interview.
The Finish Line Inc. will partner with a private equity firm to expand its specialty running shops and develop Run.com, the Indianapolis-based retailer said Friday. The company also reported strong fourth-quarter earnings, but its outlook sent shares tumbling.
A midrise mix of apartments and first-floor retail is the most likely replacement for a 1.45-acre Mass Ave parcel occupied by the Indianapolis Fire Department.
Changes made five years ago in state property-tax laws have strangled the school district in wealthy Zionsville, while schools in neighboring blue-collar Lebanon are in solid financial shape.
