Bush Stadium gets last hurrah
City leaders and economic development officials planned to pay tribute Oct. 28 to Bush Stadium’s historical significance before work begins to convert the venue into loft apartments.
Real Estate
Articles
Duke meets market expectations despite quarterly loss
Duke Realty Corp. lost $32.1 million in the third quarter, but managed to meet analyst expectations in a key measurement for real estate investment trusts.
INSIDE DISH: Great Divide bridges Lockerbie past, present
Ralph's Great Divide has staked out an identity as a downtown survivor, making vital changes after its first proprietor's death and weathering a big downturn in sales during the recent recession.
New retail strip proposed near Kite’s Rivers Edge
A local developer is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container Store than Rivers Edge owner Kite Realty Group can accommodate.
International Center CEO downsizes in style
A widow and empty-nester, Diane Thomas makes space count in her ‘little’ 1920s-era home in the Meridian Kessler neighborhood.
Simon boosts forecast as quarterly results exceed expectations
Indianapolis-based shopping mall giant Simon Property Group Inc. reported funds from operations that beat analyst estimates and raised its full-year forecast as income from rents rose.
East 10th Street retail gets a boost
Two veterans of vintage retail are teaming up to open a store on a near-east-side corridor that’s getting renewed attention from the 2012 Super Bowl Legacy Project.
Restaurant roundup: Yo Joy, Which Wich, Wolfies & more
Lots of new restaurants and frozen-yogurt spots are coming to Indianapolis.
Duke Realty selling 82 office buildings for $1.1B
The sale includes buildings with a combined 10.1 million square feet of space in Atlanta, Chicago, Columbus, Dallas, Minneapolis, Orlando and Tampa. None of the properties are in Indiana.
Carmel mayor’s next goal: Build posh, $32M hotel
The principal developer of Carmel’s City Center, Pedcor Cos., is working with city officials on plans for a four-star boutique hotel that likely would cost at least $32 million to build and may require an additional city subsidy.
New downtown restaurants line up to replace old ones
New Orleans on the Avenue, a casual Southern Creole restaurant, is set to take over the vacant former home of Zing at 543 Indiana Ave.
Jillian’s arcade games, bowling alley up for auction
An auction to liquidate the downtown entertainment complex will be held Oct. 26 to sell more than 100 arcade games, a nine-lane bowling alley and 12 pool tables. Jillian’s operators owed the landlord roughly $700,000 in unpaid bills.
Kilroy’s gets liquor approval for Broad Ripple location
The Indiana Alcohol and Tobacco Commission voted 3-0 to give Kilroy’s a liquor permit for the location at 821 Broad Ripple Ave. despite protests from a neighborhood group.
Indianapolis neighborhood striving for LEED status
Designation to east-side project would go beyond building certification.
Zeroing in on net-zero energy in Indianapolis
The Holy Grail of energy efficiency has yet to arrive, but pieces are falling into place.
Real estate brokerage sues IU Health over commissions
CBRE Inc. accuses the local hospital system of cheating it out of consulting fees that could top seven figures related to several building projects.
Marketing firm TrendyMinds moving to Market Street
The company has purchased a former labor union hall building and plans to invest $1 million to refurbish the property before moving in early next year.
Snooty Fox restaurant closes after 29 years
The 29-year-old restaurant on Indianapolis’ north side closed on Monday, despite efforts in the spring by a cable television show to remake the English-style pub.
City taking redevelopment bids for key Mass Ave properties
The city-owned properties targeted for redevelopment are at 555 N. New Jersey St., the site of Indianapolis Fire Department administrative offices and Station No. 7, and at 501 N. New Jersey St., the location of Firefighters Credit Union.
Texas investors buy northeast-side hotel
A couple from suburban Houston bought the 187-room Ramada Inn in an online auction for $1.3 million and have rebranded it as ExtendASuites.