Kroger redevelopment plans for 16th Street on hold again
A long-simmering plan by Kroger to build a new store to replace the cramped, old-format location at 16th and Central Avenue is on hold again after the chain failed to acquire a key parcel.
Cory Schouten
Articles
Retail roundup: Everything’s better with coffee? And more
Two new retail concepts are hoping to cash in by pairing their offerings with coffee. Plus: Comings and goings among other retailers.
Analysis: Simon factions make peace as tax hike looms
Widow Bren Simon and her stepchildren finally managed to settle a long legal battle over the estate of mall magnate Melvin Simon. The goal that appears to have united the survivors: Reducing Uncle Sam’s take of a fortune that has swelled to nearly $3 billion.
On the market: 1926 theater, home to The Emerson
An eastside theater built in 1926 is up for sale with an asking price of $145,000.
Settlement ends bitter battle over Mel Simon estate
A long, contentious family battle over the $2 billion estate of the late shopping mall tycoon Melvin Simon has ended with a confidential settlement.
New entertainment venues heat up Clearwater Crossing
Two huge new dining and entertainment attractions are scheduled to open on back-to-back days next week, both at Clearwater Crossing.
Retail, apartment blitz hits Fishers
It seems as if all of Fishers is under construction—and not just the perpetual improvements to Interstate 69. Developers have lined up a multitude of deals adding residential and commercial space, projects that are coinciding with the town’s recent voter-approved transition to a city.
How 3 real estate entrepreneurs expanded during slowdown
Aasif Bade of Ambrose Property Group, Tadd Miller of Milhaus Development and Joe Whitsett of The Whitsett Group saw opportunity as many rivals retrenched.
Restaurant roundup: BW3, RA Nightclub, Mo’s, Popeyes
A new arrival in Broad Ripple and a high-profile move lead off the latest Indianapolis restaurant roundup.
Homegrown Oxford Shop closing after 30-year run
Local retail comings and goings include the closure of Oxford Shop and Old Farm Market and pending arrival of Lilly’s Soap Kitchen and Handcrafted Wares.
Durham gets 50 years for fraud scheme
Former Indianapolis businessman Tim Durham was sentenced to 50 years in prison for running a Ponzi scheme that led to the collapse of Fair Finance, costing thousands of investors $250 million. Accomplices Jim Cochran and Rick Snow received 25 years and 10 years, respectively.
Judge sentences Durham to 50 years
Tim Durham will likely spend the rest of his life behind bars after a federal judge on Friday sentenced the disgraced playboy and businessman to a 50-year prison term for defrauding 5,000 Ohio investors of more than $250 million. U.S. Judge Jane Magnus-Stinson said three words decribe both Durham, 50, and the crimes he committed: […]
Live tweets from Durham sentencing
IBJ provided ongoing updates from the courthouse where Ponzi schemer Tim Durham and two accomplices were sentenced Friday afternoon.
Durham fate rests in judge’s hands
Convicted Ponzi schemer Tim Durham and two accomplices will find out Friday whether they will spend the rest of their lives in prison.
Fun with renderings: $27M Hyatt Place in Bloomington
Developers plan to break ground next year on a $27 million Hyatt Place hotel just southwest of the Courthouse Square in Bloomington.
Church’s fate in judge’s hands after insurance scheme sours
A federal judge will determine whether an Anderson church can exit bankruptcy with a lighter debt load, over objections from its bank lender, after a church scheme to profit by selling life insurance on its elderly members failed.
Roundup: Athleta, WB Pizza, Sabbatical, Blaze BBQ
A fresh roundup includes a new yoga outfitter, a homegrown small-plates restaurant, and a pizza arrival/pizza departure.
Anchor Pilgrim leaving Fox59 for East Coast job
WXIN-TV Fox 59 anchor and reporter Eva Pilgrim is leaving the local station for a similar position at the ABC affiliate in Philadelphia.
Design stars land contract for transit hub
Architect Daniel Libeskind is part of an international team chosen to design a proposed IndyGo transit hub.
Southport Plaza replaces Borders, Linens n Things
Two new anchor tenants are taking a total of 58,000 square feet in Southport Plaza at U.S. 31 and Shelby Street on the south side, bringing the shopping center to full occupancy for the first time in more than four years.