New-home applications in central Indiana see first drop since mid-2023
Single-family building permit filings in the nine-county area had risen on a year-over-year basis for 19 straight months prior to January.
IBJ Staff
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New year opens with fewer existing-home sales, higher prices
Home sales in central Indiana got off to a slow start in 2025, with a January snowstorm likely cooling off the pace of transactions.
Local flight school landing in Shelbyville after losing Greenwood lease
Jeff Air said it will begin moving to Shelbyville Municipal Airport on March 15, with full flight school operations resuming April 1.
Joann plans to close all stores, cease business operations
Monday’s announcement comes less than two weeks after the retailer announced it would close more than two-thirds of its stores, including two in the Indianapolis area.
Lou Malnati’s to close all Indianapolis-area pizzerias
The Northbrook, Illinois-based chain will keep restaurants open in Crown Point and Schererville.
Calumet subsidiary draws down $782M as part of first Trump-approved energy loan
Montana Renewables said the money will help make it become the biggest producer of sustainable aviation fuel in the world.
Big Lots puts more store leases up for sale
Bankrupt discount retailer Big Lots has added more than 200 stores to a nationwide list of locations that are likely to close, including a pair of stores in Indianapolis.
Allegion plans to acquire Australian company that makes door hardware
Allegion, which has made several acquisitions over the past year, is headquartered in Ireland, but its Americas division is based in Carmel.
UPDATE: Crafts and fabric retailer Joann closing 533 stores nationwide
The retailer’s closure list includes 20 stores in Indiana, including a pair of local stores.
Corrections & clarifications
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Indianapolis property manager sentenced in multimillion-dollar Ponzi scheme
Herbert “Bert” Whalen, 50, pleaded guilty to conspiracy to commit wire fraud for misrepresenting the poor conditions of properties managed by his company, Indianapolis-based Oceanpointe Property Management.
Westfield City Council approves Grand Universe development plan
Plans call for the proposed $1.2 billion development east of Grand Park Sports Campus to include a full-dome planetarium, hotel, retail, offices and multifamily housing.
Longtime Indianapolis news anchor Rafael Sánchez returns to TV
Sánchez, who previously spent nearly three decades at WRTV Channel 6, spent the last year behind the scenes at his new TV home due to a non-compete contract clause.
Local marketing firm calling it quits after 20 years
The company, which moved from Fountain Square to the Lockerbie Square Historic District last year, said it would be wrapping up projects for its clients over the next 60 days before closing for good.
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Greenwood man pleads guilty, gets 10 years in prison for $3M fraud schemes
James Henley, 35, pleaded guilty to multiple charges in the schemes, including money laundering, aggravated identity theft and wire fraud.
Central Indiana homebuilders close out big year with strong December
Central Indiana residential builders saw a surge in demand for new homes as 2024 came to a conclusion, making the year one of the strongest the industry has seen over the past two decades.
Existing-home sales in central Indiana finish 2024 with December surge
Closed existing-home sales in the 16-county area rose only slightly from 2023 to 2024 despite a strong finish to the year.
Texas man charged with stalking Caitlin Clark, arrested in Indianapolis
The 55-year-old man allegedly sent numerous threats and sexually explicit messages to Clark via his social media accounts, including from IP addresses at a hotel and the library in downtown Indianapolis.
Former F.C. Tucker Co. leader Fred Tucker III dies at 78
Frederick C. “Fred” Tucker III led the F.C. Tucker Co. for a quarter-century and served on numerous business and civic boards.