An executive with the Westfield-based company that plans to develop a $1.2 billion science and space exploration complex near Grand Park Sports Campus has sued the firm, alleging he hasn’t received a large portion of the compensation he is contractually owed.
Tim and Doris Anne Sadler say the students disclosed the couple’s plans for a 1,550-acre development in Puerto Rico to a company that used the information to take over the project.
One of the largest office complexes in downtown Indianapolis officially changed hands this week, with the new owners eyeing an update for the property that could result in its partial conversion to a hotel. Tenants include the Indiana Supreme Court.
Drew Loftus, a principal with Silverstone Development LLC, claims he has not had access to the company’s offices, calendars, communications or financial records since May.
The race team—which fields cars in the IndyCar and IMSA racing leagues—issued a statement Wednesday saying it is “cooperating fully with investigators” but did not elaborate on the type of inquiry underway.
Partners in one of central Indiana’s largest commercial development companies are fighting over the firm’s future amid one owner’s claim that the other has forced the departure of key staff and put hundreds of millions of dollars in potential business at risk.
Purdue officials say the Academic Success Building “will evolve with the needs of experiential education, accommodate courses that would not otherwise be offered with existing space, and provide on-campus housing.”
Two members of the Indiana State Budget Committee said this week they don’t need a would-be investor group for a Major League Soccer franchise in Indianapolis to unveil itself ahead of the Hogsett administration’s anticipated request for stadium funding from the board.
The landlord for Circle Centre Mall has filed a lawsuit to evict Sugar Factory, alleging that the restaurant has defaulted on its rent.
The South Korean company’s announcement made waves across Indiana, but so did a decision by Minnesota-based SkyWater Technology to cancel its project at Purdue after not receiving hoped-for federal funding.
Most of the quips and jabs during the one-hour event were directed at frontrunner Sen. Mike Braun, with a focus on his track record in the Indiana General Assembly and Congress on topics including immigration policy, economic development and taxation.
The developers brought in to complete the long-stalled Wilshaw hotel project in Speedway have filed a foreclosure suit against the property owner, alleging failure to repay a loan.
The owners of Regions Tower are facing a foreclosure suit after an alleged failure to pay off nearly $75 million of loans on the landmark property in downtown Indianapolis.
Neighbors of a proposed apartment and condominium project near Broad Ripple have filed a lawsuit in response to a city commission’s decision last month to preliminarily approve the developer’s request to rezone the land.
The developer that plans to revamp a pair of former correctional facilities on Indianapolis’ near-east side for housing, retail and entertainment uses has modified its vision for the project due to structural issues with one of the buildings.
Mayor Joe Hogsett’s administration has decided against redeveloping the City-County Building, which was left nearly half empty last year when the courts moved to the new Community Justice Campus.
A 2-year-old company on the east side of Indianapolis has its sights set on tackling central Indiana’s affordable-housing problem through modular construction.
Business leaders’ differing responses show how complicated it is to analyze and interpret crime data and incidents and assess the safety of downtown Indianapolis, even among those who routinely traverse the city’s central core.
Longtime real estate attorney Marci Reddick has been named president of the Capital Improvement Board of Marion County, the city announced late Thursday.
Not-for-profit organizations in Indiana would be permitted to keep the identity of their members and donors secret under a bill now advancing through the Indiana General Assembly.