Speedway’s plan for roundabout hits snag over billboard
The Speedway Redevelopment Commission is threatening eminent domain against Clear Channel Outdoor Inc. because the billboard company won’t relinquish its lease rights at a key intersection.
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Articles
Office-supply standby Arvey Paper set to close
One of the city's most popular spots to buy paper and office supplies is scheduled to close next month as part of a nationwide consolidation by its parent company.
INSIDE DISH: Gastropub owners get aggressive after big first year
The Local Eatery and Pub in Westfield streaked past break-even point in its first 12 months, leading its relieved but exhausted owners to plan new projects.
Downtown Comfort Suites seeks bankruptcy protection
The hotel, owned by an affiliate of Dora Brothers Hospitality Corp., says its largest creditor is New York-based German American Capital Corp., which is owed $12 million.
Pan Am Plaza redevelopment brewing
The two entities that control the future of Pan Am Plaza have come to an agreement that could lead to the redevelopment of one of the most valuable parcels downtown.
Serial entrepreneur builds more than business
Westfield resident Jenn Kampmeier is a CEO—that’s “chief everything officer” in the get-it-done world of startups—who prefers an even-loftier title: Mom.
New-home construction off to mild start
Building permits filed in the nine-county Indianapolis metropolitan area totaled 194 in January, a 2-percent dip from the same time last year. But industry leaders are cautiously optimistic.
Technology helps Ivy Tech marry new, old construction
3-D scans match former hospital with building plans.
CityWay designed to integrate retail, housing, hotel, YMCA
Architects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
Industrial spec development making a comeback
Speculative development is returning to the modern bulk industrial market after a four-year drought, with at least two projects preparing to break ground this spring and another in the works.
It’s back: Bank hopes to salvage Di Rimini project
The bank that now owns the troubled Di Rimini apartment project wants to repair the building in an attempt to recoup some of the millions it stands to lose on the deal.
Developer plans $15.7M senior-living center on east side
The city of Indianapolis approved the project after accepting Mainstreet Property Group’s offer to purchase the property at 16th Street and Arlington Avenue for $912,500.
Committee to push for safer late-night stores in Indiana
Since 2006, six people have been killed and 27 people have been seriously injured in violent crimes at late-night stores in Indiana.
Historic church for sale in Old Northside neighborhood
The 34,000-square-foot neoclassical building includes a 1,200-seat auditorium renovated in 1995. The limestone structure has been used as a place of worship since it was built in 1912.
City aims to erase surface parking for developments
Several downtown surface parking lots are targeted for redevelopment, with a couple already well on their way to being filled with a mixture of commercial and residential projects.
Indianapolis Downtown Inc. leader Zahn stepping down after 19 years
Indianapolis Downtown Inc. announced Thursday morning that President Tamara Zahn plans to leave her position by June. Zahn was IDI's first president and has been in the post for 19 years.
Foreclosure activity edges higher in January
Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year. Foreclosures were up 69 percent in Indiana compared to January 2011.
Fourth-quarter commercial real estate stats for Indianapolis
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
Tax credits spur city apartment construction
Increase in federal funding helps developers finance projects that include mixed-income rental housing.
Abandoned gas stations both vex, brim with promise
The trick is to determine in advance just how expensive and lengthy that cleanup might be.