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The big shopping center landlords and office building owners aren’t going to release any funds until a deal is signed. But that doesn’t mean we aren’t seeing interesting retail construction projects or innovative commercial construction retrofits, like the 23 up-and-coming new-store concepts as noted by Retail Traffic.
Office space construction reached its peak in the 1980s, with an annual average of 268 million square feet of new office space delivered across the U.S. While the office market continues to face challenges related to remote work and changing workforce dynamics, office construction remains active, albeit at a slower pace.
The RoomPlace will expand in Indianapolis with a new 160,000-square-foot warehouse and showroom facility. The facility will serve as the primary distribution center for the Indianapolis market and will house the sixth RoomPlace showroom in the area. ” . . ” . Related articles across the web.
an electronics-focused e-retailer, has announced plans to locate a new warehouse facility in Indianapolis, IN, creating up to 150 new jobs by 2015. The City of Industry, CA-headquartered company will invest $20 million to lease, renovate and equip an order fulfillment facility in Indianapolis. Newegg, Inc.,
Milhaus, Gershman Partners, and Citimark close on $70 million multifamily development in Indy Versa will bring 233 studio and one- and two-bedroom apartments to Indianapolis's $271 million, Class-A Broad Ripple Village development enterprise. Versa is currently under construction six miles north of Indianapolis.
The Internet company received a $2-million incentive package (tied to job-creation commitments) for its relocation to the 100,000-square-foot office. Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements.
d/b/a ooShirts, a T-shirt printing and fulfillment company, has announced plans to locate a new facility in the Indianapolis region, creating up to 105 new jobs by 2016. “Our facility in Indianapolis will significantly expand our two-day ship range while giving us access to an experienced manufacturing-driven workforce.”
million to build a 61,000 square-foot training facility near its Indianapolis headquarters campus. “Driver recruitment and driver retention is a long-term challenge within the industry,” said Paul Will, president and chief executive officer of Celadon.
Two technology companies, PactSafe and WDD Software, are expanding their operations in Indianapolis, creating 160 new high-wage jobs over the next few years. PactSafe , a legal-focused technology company, plans to invest $575,000 to lease and equip a new office in Indianapolis.
a homegrown Hoosier company, manufactures sports apparel and operates retail stores primarily under the LIDS brand, a familiar mecca for team caps in shopping malls across the U.S. The homegrown Hoosier company, which manufactures apparel and operates retail stores primarily under the LIDS brand, will invest $21.8 Hat World, Inc.,
Office Properties Stay on Top: Globally, office property investment is the most popular, with industrial and logistics close behind for U.S. For Canadian buyers, retail takes the top spot, fuelling billions of dollars of capital growth domestically and in the U.S, as retailers look to expand into new markets.
These include transportation carriers of all kinds, as well as warehousing, distribution, third-party logistics services, manufacturers’ operations, retailers and distributers who may have their own distribution centers. The product is already there, on the shelf in the distribution center,” Sheffi notes.
Both Indianapolis and Louisville have established reputations for being communities that logistics projects must examine as potential sites; business parks filled with large distribution centers are available in many communities, and UPS in Louisville and FedEx in Indianapolis are key parts of the air shipping industry. A market of 5.2
We want to emphasize that the space between our top two finishers was closer than Ryan Hunter-Reay’s 0.060 margin of victory in this year’s Indianapolis 500, and No. Of that total, nearly 30,000 have settled in rural areas, according to a report from Canada’s Office of the Minister of Immigration and Multiculturalism. Herbert told us.
It is what has allowed the organization to attract the variety of businesses that make up their diverse economy—from technology to manufacturing, retail, warehousing, healthcare and more. Currently, I-69 connects to State Route 37, so businesses have four-lane access to downtown Indianapolis and beyond. That’s 3,792 jobs, 6.35
This challenge will require a significant number of adults to enroll in educational programs, but it is a goal that has the full support of Iowa’s business community, educational system and governor’s office. Louis, Kansas City, Des Moines, Indianapolis and Omaha.
That new hangar includes 26,000-square feet of hangar area and 7,800-square feet of office space. The new facility will include 15,000-square feet of hangar space and 3,000-square feet of office complex on the north side of Tower Road. An attractive building, it is consistent with the style of Atlantic’s other facilities.
Johnson County, located on Indianapolis’ near south side, is capitalizing on its prime location and welcoming the logistics industry and scores of distribution centers to the area. The comprehensive plan for BNA Vision also will include the expansion of concourse B and D, offering additional retail and dining services to domestic travelers.
Located in the heart of Illinois; in the great Midwest; within 200 miles of metropolitan areas of Chicago, Indianapolis and St. Joplin’s quality of living is enhanced with two major regional medical centers, more than 150 restaurants and a wide variety of retail from locally owned shops to the 114-store Northpark Mall. A market of 5.2
Companies that manufacture or produce a product in New Mexico, non-retail service companies that export a substantial percentage of services out of state (50 percent+ of revenues and/or customer base) and certain green industries are eligible. agriculture, construction, gambling, healthcare and retail).
Located on Interstate 74 between Indianapolis, Indiana and Cincinnati, Ohio, Greensburg is in the center of an automotive manufacturing hub that stretches from Tennessee to Michigan. Credit: Utah Governor’s Office of Economic Development). Weeks, Chairman, Chief Executive Officer, and President.
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