Articles

BREAKING: Steak n Shake drops Y&L

The 18-year relationship between Indianapolis-based Steak n Shake Co. and its hometown ad agency has fizzled out. At an investor conference this afternoon at the Marriott Hotel downtown, the restaurant chain said it is terminating its contract with Young & Laramore and will hire another agency of record. Young & Laramore leaders got the news […]

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Around town retail round-up

Several retail nuggets to peruse today:
Reis-Nichols plans to add 2,000 square feet to its Greenwood store by taking over the former Steve’s Flowers & Gifts space. The $500,000 project is slated to…

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IMS moves might spur development

It’s been a big year for the Indianapolis Motor Speedway and Indy Racing League. The IRL has seen some growth in this season of unification, with more viewers overall for the IRL and…

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Real estate investment firm files bankruptcy

An Idaho real estate firm that sold interests in central Indiana properties to dozens of investors around the country filed for Chapter 11 bankruptcy protection in Delaware today. DBSI Inc.’s local properties include three buildings in the Allison Pointe office park, and an office building at Heritage Park; both locations are on the northeast side. […]

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More than the Whistle Stop

The former Whistle Stop Deli at 901 East 64th St. isn’t the only building along the Monon Trail the city’s parks department is…

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BSU QB catches Colts’ Polian’s eye

Does Bill Polian’s attendance at Ball State’s home football game Wednesday night mean the Indianapolis Colts are quarterback shopping? League sources and draft experts said the notion shouldn’t be discounted, although Colts Coach…

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Fishers tables $100M project

An Ohio developer and the Town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million mixed-use project featuring 250,000…

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McCain loss a hit to motorsports

John McCain’s loss to Barack Obama in Tuesday’s presidential election is a loss not only for staunch Republicans and conservatives, it’s also a loss for motorsports.

I know, there are more pressing presidential issues,…

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Kite revenue rises, but profit tumbles

Revenue for Kite Realty Group Trust rose more than 5 percent, to $35 million, for the third quarter. But its profit fell by $1 million compared to the same period last year, the locally based company reported late yesterday. Kite recorded a profit of $2.9 million for the third quarter, compared to $3.9 million in […]

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Super Bowl ads selling fast

NBC has sold almost 90 percent of its advertising inventory for Super Bowl XLIII, which leaves only about 7 of 67 in-game spots remaining, according to network officials. That leaves an astoundingly low number…

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3Mass taking shape

The luxury condo and retail project called 3 Mass is taking shape as sales pick up speed. Buyers have snapped up 26 of the 44 units, including $8 million in sales in September and October, said Todd Maurer of lead…

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Pacers launch mouthy promo

I’ve said it before, but you have to give the Indiana Pacers sales and marketing department props for creativity. Today, the Pacers launched their “Teeth for Tickets” promotion, in honor of forward Danny…

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The Property Lines vote

To keep this post topical, I’ll start with a link to this week’s Real Estate Weekly. The news has been slow lately, but my colleague Chip Cutter still managed to dig up some good nuggets. The real…

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Colts lack QB insurance

Watching the Dallas Cowboys struggle recently under the leadership of back up quarterback Brad Johnson and the Pittsburgh Steelers flourish behind second-stringer Byron Leftwich during the second half of their game last night has…

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Engine makers await IRL specs

While most Hoosiers are headed for the polls this election day, Indy Racing League teams and officials are headed to Las Vegas for their post-season banquet at The Palms Casino Resort tomorrow.

Word coming from series officials as they get ready to…

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Colts close window on controversy

Indianapolis Colts officials said ratcheting up the noise inside Lucas Oil Stadium had nothing to do with the decision to close the large window on the north end of the stadium for last…

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Pacers poll flawed

If the Indiana Pacers want a true reading on how the community views their team, they may be talking to the wrong people. Last month, the Pacers polled 600 ticket holders to gauge…

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