Simon adds to its stake in British mall owner
Locally based Simon Property Group Inc. has added 18.6 million shares to its stake in the United Kingdom’s largest owner of
shopping malls, Liberty International Plc.
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Just in: Project renderings
Check out these conceptual renderings of a public-private downtown redevelopment project approved today by the Metropolitan Development Commission. The $65-million project calls for apartments and retail space adjacent to the former site of Market Square Arena. The renderings suggest the…
$65M downtown development
A proposed incentive deal to kick-start a $65-million development adjacent to the former site of Market Square Arena calls for the…
Restaurant in a bit of a Pickle
Indianapolis didn’t exactly warm to Spicy Pickle. The Denver-based restaurant chain shut down both of its Indianapolis-area locations shortly after opening them last year. But the chain hasn’t rid itself…
A bit of Lauth history
Regarding the May 25 story, [“Lauth granted reprieve,”] please note that Lauth Property Group is an offshoot of the original company founded by myself and Terry Eaton in 1976. It was then known as Ernst/Eaton Associates.
Irvington rolls out $1.2 million promotional campaign
In the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood’s recent enhancements and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.
Gregg landing in prime spots abandoned by failed retailers Circuit City, Linens & Things
Electronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
Transit, sustainable development likely to be themes in rescue of near-north neighborhood
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County’s biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
Building off Circle finally lands a tenant
T-Mobile has inked a five-year lease for a 2,200-square-foot space at the 2 N. Meridian St. building on the northwest corner of Washington and Meridian streets.
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Binford’s medical ghost town
The hits keep on coming for the unfinished Binford Medical Complex at 65th Street and Binford Boulevard as the urgent care center that served as the development’s anchor…
T-Mobile taking prime corner
T-Mobile has inked a five-year lease for a 2,200-square-foot space at the northwest corner of Washington and Meridian streets. The store will be a corporate-owned “playground” store, a new…
Kroger eyes Zionsville location
Kroger Co. is looking at land in Zionsville for a new store.
Lucas Oil, partner invest $2M to build Hendricks lube shop
Forrest Lucas is following through on plans to take his namesake brand of oil and fuel additives to the mass market.
Panel handicaps market recovery chances
A panel of five veterans of real estate and construction provided industry insights at IBJ‘s Power Breakfast May
1 at the Westin Indianapolis.
Project manager named for I-70 beautification
Cripe Architects and Engineers has been named lead consultant on a $2 million project to beautify five Interstate 70 interchanges.
Lauth granted reprieve
A judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer’s
properties.
Lilly, Simon receive top philanthropic awards
Two global companies based in Indianapolis have been recognized for their philanthropic efforts.
HVAC company heats up sales in cool economy through acquisitions
Doubling annual sales might seem an impossible feat in a recession, but at the modest office of Williams Comfort Air and Metzler’s
Mr. Plumber, it is a reality.
In recession, commercial brokers struggle to determine property values
Few commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers who say it’s becoming increasingly difficult to determine the value of properties.