The developer of an unfinished medical office complex on Binford Boulevard has filed for Chapter 11 bankruptcy protection in hopes it can retain control of the property and resume construction later this year.
The owner of the building that houses the Music Mill concert venue listed assets of $1.4 million and liabilities of $1.3 million.
A top Obama adviser questioned the need Sunday for a blanket stoppage of all home foreclosures, despite evidence that banks have used inaccurate documents to evict homeowners.
A lumberyard and hardware store that survived the Great Depression and two World Wars has fallen victim to modern economic pressures and will close after more than a century.
A recent wave of foreclosure auctions suggests banks and other underwater real estate owners finally are poised to let go of a glut of properties.
The past decade has seen roughly 5,000 more residents living downtown than in 2000, wooed by new condos and apartments within walking distance of growing retail and cultural attractions. There are now 25,000 downtown residents—but still a long way from the 40,000 city leaders want by the end of the next decade.
Finish Line is testing touch-screen customization kiosks at its Greenwood Park Mall store. The kiosks, which look like oversize iPads, produce an individualized Nike T-shirt in about 15 minutes.
Developer Jeff Sparks met with city planners Oct. 1 to propose fixes to the apartment project at Capitol Avenue and St. Clair Street.
The building housing the not-for-profit’s current headquarters on the Central Canal is listed for $3.1 million. The not-for-profit is moving into the former Central Avenue Methodist Church in the spring.
Deb and Carter Hutchinson, owners of Mooresville's unlikely Creole hotspot Zydeco's, have made a living through their gifts for shifting gears. Created on little more than a whim, the eatery thrives on its out-of-left-field approach.
Residents of Irvington are split over whether to support turning the former Indy East Motel into housing for homeless families.
Despite objections, the Metropolitan Development Commission agreed to provide $600,000 in city funds to help build an enclosed pedestrian walkway connecting the downtown PNC Center with the Indianapolis Artsgarden.
Check out the proposed fixes for an apartment development that looks a lot different than the approved plans.
The Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based home builder’s 436-acre Centennial development, also in Westfield.
National Car Sales, for years known for its commercials featuring basketball coach Bobby “Slick” Leonard, closed last week after more than 20 years in the market.
The two-story industrial building along the Indianapolis Cultural Trail will be converted into a furniture store.
What makes a developer think he can win approval for one design and construct an entirely different building? How did no one at the city notice until the structure was almost complete? What happens now?
The parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing shareholder approval of the plan at a rescheduled special meeting.
The Near North Development Corp. asked the city in a Sept. 2 e-mail to compare the renderings for the Di Rimini apartment project at 733 N. Capital Ave. with what was actually taking shape. A week later, the Department of Code Enforcement issued a stop-work order for the project.
A former sales manager at Butler Kia alleges a co-worker pulled a gun on employees—yet was kept on the job for several months afterward.
