
Judge orders Pure Development to wind down operations
One of central Indiana’s largest commercial development firms will be turned over to a court-appointed receiver in the coming weeks following a legal battle between the co-owners.
One of central Indiana’s largest commercial development firms will be turned over to a court-appointed receiver in the coming weeks following a legal battle between the co-owners.
An Indianapolis development partnership has now added Indiana University to a lawsuit that alleges one of the university’s professors and five former students allegedly stole trade secrets and interfered with contracts for a business development project in Puerto Rico.
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.
Just hours after Indianapolis Mayor Joe Hogsett’s administration said it was concerned about development of the downtown site where owner Keystone Group has been planning to build a 20,000-seat soccer stadium for the Indy Eleven, Keystone announced that archaeologists have discovered 87 burials on a portion of the property.
Many new property owners and lessors also aren’t aware of — and don’t budget for — the duty to perform ongoing obligations in order to keep whatever legal defenses they may have from their environmental site assessment.
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 planned $120 million revamp of the former Jail II building and Arrestee Processing Center in downtown Indianapolis by 1820 Ventures could be aided by $15.5 million in tax increment financing bonds, pending full City-County Council approval.
The firm leading ambitious redevelopment plans for the former Angie’s List campus on the east side of downtown — now known as Elevator Hill — is the city’s pick to take on the former Jail II and Arrestee Processing Center right next door.
Indianapolis hopes to spur more movement with a request for development proposals for historic buildings at 752 E. Market St. and 730 E. Washington St. The former Arrestee Processing Center on Market has been closed since 2017 (except for a section used for the Reuben Engagement Center until 2020) and the Jail II building on Washington will be vacant after inmates are fully moved to the Community Justice Campus in Twin Aire.
City officials on Monday released a long-anticipated request for developers to submit ideas for reuse of the 28-story Indianapolis City-County Building, along with studies that show it would take more than $35 million in basic upgrades to repurpose the structure.
A dispute between a city administration and a financial advising group that allegedly contributed to corruption in the city is headed to trial after the Indiana Supreme Court reversed the award of summary judgment for the adviser.
Indianapolis broke ground on its nearly $600 million law enforcement and judiciary hub nearly three years ago. Now, seven months before the bulk of the Community Justice Campus opens in the Twin Aire neighborhood southeast of downtown, residents are waiting to see if the promise of accompanying redevelopment comes to pass.
A $6 million upgrade is starting at the Benjamin Harrison Presidential Site in Indianapolis that leaders say is aimed at increasing its visibility and connections with the surrounding neighborhood.
A Dearborn County hunting club can’t use an easement to access its business, the Indiana Court of Appeals ruled, affirming a judgment for adjoining property owners who claimed the club violated the terms of the easement.
Lawmakers gave final approval Wednesday to a disputed bill seeking to remove protections from Indiana’s already diminished wetlands amid mounting criticism that the legislation could cause damage to the state’s waterways, wildlife and vegetation.
Homeowners challenging a Lake County public construction project must challenge the project’s impact on their property through a new inverse condemnation action, the Indiana Court of Appeals has ruled, reversing a ruling allowing the homeowners to reopen a previously dismissed lawsuit.
Dozens of amendments to bills affecting Indiana environmental policy have sparked debate among lawmakers as the Legislature enters its final stretch of the session. The proposed changes arrive as members of the General Assembly decide whether the state should adopt greener initiatives or scale back current policy protecting water, energy and other resources.
The U.S. Supreme Court ruled unanimously for Georgia on Thursday in its long-running dispute with Florida over water. The Sunshine State had alleged overconsumption of water in the Peach State led to collapse of the Florida Gulf Coast oyster industry.
A developer who sold his property in the lakefront subdivision he developed cannot now build a dock on that lake, even though he has lifetime rights to ski there, the Indiana Court of Appeals affirmed in a Tuesday opinion.
An effort by the Children’s Museum of Indianapolis to overturn the city’s designation of the Drake apartment building as a historic property has been transferred to federal court — even as the organization continues working with city officials on a plan to salvage the nearby building.