Update: Indiana appeals court decision complicates wind-down of Pure Development
Attorneys for co-founders Chris Seger and Drew Sanders disagreed about the impact of the decision.
Mickey Shuey, Indianapolis Business Journal
Articles
Coworking company COhatch says deal in place to stay at Circle Centre amid rent dispute
Hendricks Commercial Properties earlier this month sued Columbus-based COhatch, claiming the firm has failed to pay nearly $180,000 in rent at its downtown Indianapolis location.
COhatch facing eviction as Circle Centre owner alleges missed payments
A representative for COhatch Indy said the company hopes to resolve its dispute with with Hendricks Commercial Properties imminently.
FAA reconsidering Indianapolis heliport closure after AG Rokita’s intervention
In a letter, Indiana Attorney General Todd Rokita said he believes that the $15 million offer made by Chuck Surack prior to the approval of the Indianapolis Downtown Heliport’s sale to the city did not receive due consideration.
Prominent law firm registers as Chicago Bears’ lobbyist at Indiana Statehouse
An application for Taft Stettinius & Hollister LLP was completed Wednesday with the Indiana Lobby Registration Commission, indicating the firm will represent CBFC Development LLC, an affiliate company for the NFL franchise.
Local leaders plan pitch for downtown casino, circle potential sites
Indianapolis elected officials are considering a big gamble at the Statehouse next year on efforts to land a casino license for downtown.
Shifts in college sports create opportunities for Fishers-based law firm
A Fishers-based law firm that’s made a name for itself in college sports compliance is gearing up for big changes as federal lawmakers weigh sweeping reforms to how athletes are paid and how competition is governed.
Braun set to call lawmakers back to Statehouse for redistricting vote
Currently, seven of Indiana’s nine districts are represented by Republicans. Advocates of redistricting say that new maps could give the GOP a strong shot at all nine seats.
Ernst & Young set to move offices to Bottleworks
The accounting and financial services firm is moving its Indianapolis office from Monument Circle, where it has been located since the turn of the century.
Pure Development co-founder starts new company following dissolution order
Pure Development, one of central Indiana’s largest commercial development firms, last month was ordered to wind down operations by a judge following a months-long lawsuit between its co-founders.
Jim Bopp, Sage Steele picked by Braun to join IU’s board of trustees
Indiana Gov. Mike Braun on Monday announced four appointments to Indiana University’s board of trustees, including conservative attorney Jim Bopp and sportscaster Sage Steele.
Law firm finds Hogsett administration complied with law in harassment response
A firm hired to investigate how Indianapolis Mayor Joe Hogsett’s administration handled sexual harassment allegations against his former chief of staff determined the administration’s response complied with law and did not violate city-county policy.
Purdue acquires Indiana Avenue home of Schultz & Pogue for Indy campus
Purdue University in Indianapolis is continuing to add to its downtown footprint, spending $4.5 million to acquire another property for its growing city campus.
Grand Universe CEO sued by chief operating officer over alleged non-payment of salary
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.
Indianapolis couple sues IU professor, students for $2B alleging they stole project plans
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.
Local firms partner to buy Capital Center office towers for $35M
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.
Indy-area developer Drew Loftus sues partner for company records
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.
Rahal Letterman Lanigan’s Zionsville HQ site of FBI activity
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.
Pure Development co-owner sues partner, seeks liquidation of company
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 takes next step to develop $187M mixed-use project for new downtown Indy campus
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.”