A provisional settlement in a federal lawsuit filed last September against the city by St. John United Church of Christ gives parties in the case six months to find a buyer for the nearly 100-year-old church.
A proposal for a roughly $100 million mix of retail, office and apartments along Springmill Road south of 116th Street was OK’d Monday night by the Carmel City Council after numerous concessions.
Indianapolis-based Trinity Metals is expanding its local operations, purchasing a vacant facility southeast of downtown to house its headquarters and two recycling divisions.
The Cosmopolitan on the Canal, a 218-unit upscale apartment complex in downtown Indianapolis that cost more than $33 million to build, has been put on the market by Flaherty & Collins Properties.
West Coast Tacos, which led a mobile culinary trend in Indianapolis last summer, plans to expand into Carmel and Fishers, as well as Bloomington and West Lafayette, in the next few months.
Merchants’ Square shopping center, built in 1970 as the enclosed Keystone Square Mall and redeveloped into an open-air center and renamed in the mid-1990s, is riddled with vacancies and bracing for another high-profile departure, despite its prime location.
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
The chain is trying to regain a foothold in central Indiana with two locations under construction and at least three more in the works.
Quotes came in way below city’s $2 million budget.
Architect Sungano Ziswa, a native of Zimbabwe, is Domain Architecture’s primary adviser on an apartment project that is the largest solo effort Domain has undertaken in its 15-year history.
Indianapolis leaders are hoping a new plan launched by Mayor Greg Ballard’s administration to transform the area northwest of downtown into a high-tech job and life-sciences research magnet will turn the long-discussed idea into a reality.
Fort Wayne-based Star Financial Bank, which is trying to recover some of the more than $23 million it loaned for the condominium project, submitted the only bid for it on Wednesday. The bank said several potential buyers are interested in the property.
City officials are sharing new details of a plan to redevelop Bush Stadium into more than 250 apartment units, while preserving the stadium's façade.
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
Fewer than half generated revenue increases.
Corporations staged advances across a variety of industries in 2010 as the economy improved.
Despite enjoying rising revenues and profits, companies haven’t followed with big increases in job numbers.
Posters highlighting the top 12 proposals will be on display in Monument Circle storefronts until June 26 so members of the public can vote for their favorite. The ideas could be used by planners plotting the future of the downtown space.
Sales in the Indianapolis area rose 32 percent last month compared with the same time a year ago, reversing a year-long slump in the residential market. But May 2010 home sales were down dramatically after the expiration of a special federal tax credit.
Aaron O'Mara, co-owner of Augustino's, expected to open several locales until the economic downturn and a dip in sales scuttled those plans. Now he hopes to hold the line.
