Scott Olson
IBJ News
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Past articles by Scott:
Circle Centre profit gets lift from eateries, IPS tax cut
The mall posted higher profit and improved sales per square foot in 2017, though retail observers say it remains at a crossroads following the closure of its last department store, Carson’s. → Read More
Area's largest home builder acquired by Berkshire Hathaway division
Since its founding in 1994, Arbor Homes LLC and its affiliates have constructed more than 13,000 homes in the Indianapolis area. → Read More
Plans for $40 million sports/entertainment complex in Greenwood called off
The proposed 60-acre commercial development has been taken off the drawing board after Indy Fuel owners Jim and Sean Hallett decided to drop plans for a $25 million sportsplex that was to serve as anchor of the project. → Read More
First phase of housing effort aimed at educators nears completion
Organizers of the affordable-housing and neighborhood-revival effort, designed to attract and retain teachers for urban schools, are set to unveil the first 15 homes. → Read More
IBJ Media moving to Monument Circle
The publisher of Indianapolis Business Journal and its sister newspapers plans to relocate in March to the Indianapolis Power & Light Co. headquarters building in the southeast quadrant of the Circle. → Read More
Colts promise plenty of fan fun at first Grand Park training camp
The Colts in September agreed to hold the team's training camp for 10 years in Westfield following stints in Anderson and Terre Haute. This year's camp kicks off July 25. → Read More
Under new owner, Fountain Square's Wheeler building converting to market-rate housing
Core Redevelopment is buying the building, which houses 36 affordable-housing units, and plans to boost the number of apartments to at least 52 as part of the conversion. → Read More
Developers swoon over Broad Ripple High School opportunity
The 16-acre property could command $6 million to $8 million from developers, but a state law might prevent Indianapolis Public Schools from cashing in. → Read More
Local group converting former Phoenix Theatre building into condos
Plans for the historic structure in the downtown Chatham Arch neighborhood call for three condominiums priced at roughly $1.1 million each. Work is set to begin early next month. → Read More
Lincoln Tech mentoring program puts student in pits of IndyCar team
School allows a student and instructor from one of Lincoln Tech's 12 locations across the country to participate in five IndyCar races, including the Indianapolis 500. → Read More
South side's 118-year-old Turnverein building getting badly needed renovation
A local couple that operates a downtown insurance firm has embarked on a multimillion-dollar project to rehabilitate the Vonnegut-designed structure, which recently has played host to heavy-metal concerts and league basketball. → Read More
Mexican eatery to take snakebit space in Fall Creek development
Two well-regarded eateries have failed in the space since late 2016. → Read More
With time running out, backers of $3M downtown fund scramble for support
Downtown Indy officials say they are hopeful that they will get the petitions necessary to create an economic improvement district by a self-imposed deadline of Friday. → Read More
Students' solution for Lafayette Square: 'Tear it down, build industrial'
Leaders of a collegiate contest for real estate development elected the struggling west-side shopping center as a case study. The winning entry suggesting wiping the slate clean. → Read More
Will Quenton Nelson's Colts jersey be a big seller?
Guys in the trenches typically don't generate high jersey sales, says an expert, but one former Colts offensive lineman bucked the trend. Maybe Nelson can follow in his footsteps. → Read More
Will Quenton Nelson's Colts jersey be a big seller?
Guys in the trenches typically don't generate high jersey sales, says an expert, but one former Colts offensive lineman bucked the trend. Maybe Nelson can follow in his footsteps. → Read More
Study done for Visit Indy casts light on aspirations, challenges for convention sector
A study commissioned by Visit Indy says officials are counting on a new downtown mega-hotel to generate nearly half its own business without relying on conventions. → Read More
Duke Realty seeks to build headquarters at Keystone at the Crossing
The publicly traded company wants to leave the Parkwood Crossing office park in Carmel and is requesting $2.9 million in the form of a bond issue from the city of Indianapolis to help finance a new headquarters. → Read More
Momentum for Central State site mounts as homebuilder stakes out $15M project
M/I Homes has plans to build 40 single-family units and 20 town houses on the former hospital campus, bringing even more investment to an area on the mend. → Read More
Milhaus swings creative deal for $16M apartment project in Fountain Square
The plan for the development, slated just east of the neighborhood's commercial core, required reaching out to property owners on Prospect Street and collaborating with neighborhood officials. → Read More