Buckingham tapped to develop mixed-use project near IUPUI
Former YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
Retail Development
Articles
Prosecutor Brizzi a big player in real estate
Carl Brizzi partnered on a bank branch, took an ownership interest in an office building and flipped condos.
Binford group plots next steps in retail revival
The commercial area at 71st Street and Binford Boulevard is recovering from its funk, but a true transformation hinges on
implementing a master plan.
Bloomington panel won’t support chain-store ban
A task force appointed by Bloomington’s mayor will instead look at other options for protecting the small-town character of the city’s downtown from standardized chain stores and eateries.
UPDATE: Simon stock jumps on $2.3B acquisition
Adding the 22-mall portfolio of Baltimore-based Prime Outlets will give Simon a total of 63 outlet malls with more than 25
million square feet of space.
Simon buying Prime Outlets in $2.3B deal
Simon Property Group Inc. is doubling down on outlet malls with an agreement to buy Baltimore-based Prime Outlets, a
privately held firm that owns 22 of the giant properties.
Remnants of failed Premier Properties finally hit market
CB Richard Ellis recently began marketing the most prominent of Premier Properties’ local properties, Metropolis. The
Venu site
at the southwest corner of East 86th Street and Keystone Avenue also is up for grabs.
Speedway breaks ground on redevelopment project
Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.
Bloomington chamber weighs in on chain-store ban
The Greater Bloomington Chamber of Commerce is opposing Mayor Mark Kruzan’s proposal to restrict chain stores and
restaurants downtown.
City Market board sought 3-year closure for redevelopment
Board president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until
2013 for major renovation.
Steak n Shake nearer to merger with steak chain
Under terms of the deal, Steak n Shake will pay Western Sizzlin shareholders $22.9 million and Western will pay its shareholders
a $15.9 million stock dividend, making the total deal worth about $38.8 million.
Yats opening new concept near Central Library
Yats plans to open a new restaurant and bar concept in the first floor of the The Ambassador apartment building next to the
Central Library.
Northeast-side CVS gets nod
The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69 over the objection of city planners.
Fishers water park developer hopeful despite setback
The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the
latest setback delaying the start of construction by at least two years.
Shopping center vacancies continue to climb
Vacancies at U.S. shopping malls and retail strip centers have climbed to steep levels, a trend that Indianapolis-based commercial
real estate companies Simon Property Group Inc. and Kite Realty Group Trust haven’t been able to dodge.
Cabela’s puts Greenwood property up for sale
Cabela’s is selling the land on which it had planned to build a store in Greenwood.
Fishers officials propose huge medical park
Fishers development officials anticipate unveiling plans for a huge medical business park near Interstate 69’s Exit 10
Wednesday
night at the town’s regular council meeting.
Bloomington looking at downtown chain-store ban
A committee will research a proposal from Bloomington’s mayor to ban new chain or “formula” businesses from parts of the city’s
downtown.
Clinton, Bird among mourners at Simon funeral
Former President Bill Clinton described Melvin Simon as one of the most remarkable people he’s ever met as he gave a eulogy
today during the funeral for the billionaire shopping mall developer and Indiana Pacers co-owner.
Developer Broadbent sues banks after they tighten credit line
Locally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re
wrongly attempting to restrict its access to a $50 million credit line.