Indiana architects seek changes to public project bidding
Design-build process is considered to be too costly.
Real Estate
Articles
Waiting for construction industry to recover
The recession officially ended more than two years ago. But the number of local construction jobs is still down 27 percent from 2007 levels. Will the industry ever feel relief? Some segments might not recover in a big way until 2013.
Rezoning sought for growing children’s health program
The Children’s Better Health Institute, a division of The Saturday Evening Post Society Inc., plans to ask the Metropolitan Development Commission to rezone a 23-acre parcel on the city’s northwest side.
Kilroy’s Broad Ripple plan clears another hurdle
Kilroy’s Bar n’ Grill received preliminary approval on Monday from the Local Alcoholic Beverage Board of Marion County, which recommended a liquor permit for the building at 821 Broad Ripple Ave.
California firm’s Park 100 portfolio goes back to lender
California-based Blue Real Estate lost the last big chunk of its Indianapolis portfolio last week when a lender took control of Blue’s 360,000-square-foot, seven-building portfolio in Park 100.
Report holds next steps for Pan Am Plaza garage
Part of the Pan Am Plaza parking garage has reopened after being closed for several hours for emergency repairs late last week, but a report will reveal whether more extensive work is needed to restore the garage to a structurally sound state.
Jeweler plans massive sale in bid to escape bankruptcy
Hofmeister Personal Jewelers Inc., which sought Chapter 11 reorganization in April, is asking the court to let it bring in a national consultant to oversee a huge sale that would begin next month and last until February.
Gaming machines may expose loophole in state laws
The so-called "sweepstakes machines" allow users to buy Internet time and connect to online games like video poker and slots.
Page Development CFO files for personal bankruptcy
Paul M. Pittman, one of four principals in a troubled Indianapolis-based condo developer, filed personal bankruptcy this week.
Mayor has monumental plan for Georgia Street, delays name change
Indianapolis Mayor Greg Ballard temporarily calls off plans to rename the historic street to instead focus on a project that would line it with 30 monuments saluting famous Hoosiers.
Parking already at a premium at Rivers Edge shopping center
The 617 parking spaces at the newly renovated Rivers Edge shopping center meet the minimum commercial-zoning allotment—but just barely.
Homebuilder Estridge files for bankruptcy
Paul Estridge Jr. owes a list of creditors including banks, suppliers and vendors more than $50 million, but has assets of less than $5 million, he said.
INSIDE DISH: Avec Moi in midst of startup tests
Kris Parmelee pulled off a major career shift by switching from consultancy to the kitchen. But getting her home-cooking takeout startup, Avec Moi, off the ground has been tough.
Indiana Soccer Association moving to Westfield
The Indianapolis-based soccer association’s decision to move to Westfield’s Grand Park Sports Campus follows a similar announcement earlier this year by the Lids Indiana Bulls, a youth baseball organization.
Investor Buffett gets behind east-side revitalization project
Warren Buffett joined other investors and Indianapolis community leaders Wednesday morning for a ribbon-cutting ceremony at the $27 million East Village at Avondale apartment project.
New rendering: Bank One Ops Center redevelopment
The company charged with redeveloping the former Bank One Operations Center downtown is recruiting tenants for the mixed-use apartment and retail project.
Developer zeroes in on troubled Irvington site
A developer that wants to replace a vacant Irvington motel with an $8.7 million apartment building could get permission as early as next week to clear the site for redevelopment.
Circle Centre resolves lease dispute with Cinnabon
An attorney for the downtown Indianapolis mall has filed to dismiss the complaint, saying the two sides have resolved the dispute through an out-of-court settlement.
Finish Line quarterly profit rises on strong sales
The Indianapolis-based retailer’s second-quarter profit rose 24 percent over year ago, to $20.9 million, helped by strong sales in stores open at least a year.
Lafayette Square coalition names executive director
Mary Chalmers, a neighborhood liaison for the city, will leave that post to lead the effort to improve the area near 38th Street and Lafayette Road.