Merchants Pointe, a two-building office/retail development at 116th Street and Keystone Parkway, is getting a fresh start after major road construction drove away tenants and caused a previous owner to default.
The first phase of the $22.5 million project, dubbed The Point on Fall Creek, would involve the construction of 58 apartments. Another 80 units would follow, complemented by a retail component.
The 500-location menswear chain Jos. A. Bank is opening a street-level storefront location on a once-blighted block of East Washington Street, and the vote of confidence from such a growing national retailer could help persuade other stores to give downtown a look.
Urban design guidelines prohibit new drive-throughs along Meridian or Pennsylvania streets in the downtown vicinity.
Most buyers are bottom-fishers, investors looking for better returns or companies wanting their own building.
Veritas Realty is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container Store.
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.
Restaurants, a medical clinic and even a dog kennel are ripe for consideration on an 11-acre airport site slated for a gas station. Airport officials have asked for proposals from developers by Oct. 25.
Call it Extreme Makeover: Holy Rosary. Just about every building and corner along a four-block stretch of Virginia Avenue in this historic neighborhood southeast of downtown is under construction or will be soon.
Indianapolis-based shopping mall giant Simon Property Group Inc. has received a new $4 billion unsecured revolving credit facility.
The 617 parking spaces at the newly renovated Rivers Edge shopping center meet the minimum commercial-zoning allotment—but just barely.
As many as four large restaurants could open in the first floor of the former Nordstrom at Circle Centre mall under a plan floated by mall manager Simon Property Group Inc.
High-end custom homebuilder Moussa Khoury and a partner bought the former Macy’s store at Washington Square Mall in 2009 for about $775,000. They paid cash since commercial lending had vanished. Two years later, the investment has begun paying off.
The burger chain has applied for zoning approval to build a restaurant near 16th and Meridian streets, just south of CVS drugstore. It would be one of 10 stores it plans to open here.
A local developer has acquired the northwest corner of 86th Street and Keystone Avenue and is working on plans for a $40 million apartment and retail project.
Two Indianapolis-area retail centers are listed in a $16.8 million lawsuit that includes a total of six properties owned by the Presnell Companies of Greenwood.
Members of the Broad Ripple Village Association are vowing to continue their fight against a new Kilroy's Bar n' Grill after they were denied a chance to speak out about the plan at a public hearing.
Huntington National Bank and PNC Bank claim they are owed roughly $25 million on loans related to Broadbent Co.’s purchase and renovation of a building on East Washington Street downtown.
Developer George P. Broadbent sold The Broadbent Co. to his wife for $50,000 in March 2010 as he faced a barrage of lawsuits threatening his control over the real estate company he co-founded in 1972. He has also transferred several properties to her.
The main entrance is getting a $1 million makeover as the 28-story building prepares to welcome two new restaurant tenants.
