Marsh Supermarkets names new CEO from ranks of A&P
The parent company of Marsh Supermarkets has picked a new CEO to lead the locally based grocery chain.
Cory Schouten
Articles
Circle Centre to build entry through empty Nordstrom
Construction could begin soon in the former home of Nordstrom at Circle Centre mall, but the project does not signal an end to the mall’s limbo following the 2011 departure of its marquee anchor.
Restaurant, brewery planned for former Monon Fitness
Two local entrepreneurs are planning a restaurant, brewery, entertainment venue and aquaponic farming operation for a 1.4 acre parcel along the Monon Trail south of Broad Ripple.
Homegrown Oobatz! taking former home of Uno pizzeria
The Zionsville restaurant Oobatz! is adding a second location in the former home of Uno Chicago Grill along East 82nd Street in front of the Clearwater Crossing shopping center.
$33 million mixed-use project to remake Fishers
Fishers officials are finalizing a deal with a local developer for a mixed-use project that would launch a long-awaited transformation of the town’s suburban core.
Battered Broadbent climbs back from brink
One of the city’s best-known retail developers is alive and kicking again after a harrowing real estate downturn and protracted legal battle with two lenders.
$12M apartment project serving homeless veterans planned for former foundry
City and local not-for-profit officials plan to break ground Thursday (Nov. 8) on the city's first supportive housing facility for homeless veterans.
Restaurant roundup: Drake’s, El Rodeo, Granite City
A few new restaurants are popping up around Indianapolis, including a popular restaurant and bar and a sit-down Mexican chain.
HHGregg adds furniture, exercise gear as TV sales fall
HHGregg Inc. is looking for ways to boost sales at its 224 stores in coming months as the homegrown company fights to offset a huge drop in TV sales. The retailer reported a big decline in quarterly revenue Friday, but its shares soared nearly 19 percent.
City bans bulk land-bank sales after lopsided deal with not-for-profit
Indianapolis last year sold 154 properties from its land bank for $1,000 each to a novice not-for-profit, which immediately flipped them for a total $500,000 profit. More than a dozen have changed hands multiple times since then, making investors more than $1 million. (with interactive map)
Deylen offers another vision for Mass Ave redevelopment
A little post-Halloween candy for Property Lines readers: Check out the renderings of an unsuccessful Mass Ave redevelopment proposal from locally based Deylen Development.
Roundup: Einstein, Lush, Olive Garden, First Watch
Leading off the latest restaurant and retail roundup: A couple of national chains including Olive Garden and Ulta Beauty are expanding in central Indiana and a couple of others including Einstein Bros. Bagels and Goodwill are moving.
LA Fitness buys site near Washington Square, boosting area
LA Fitness plans to build a gym on the former home of a Loews movie theater adjacent to Washington Square Mall in the latest sign of progress for a struggling retail submarket.
Indy-area homebuilding bouncing back
New-home construction is on track to rise more than 10 percent this year in the nine-county Indianapolis area.
Focal point for Mass Ave project: Huge electronic screen
The most striking feature of a proposed $43-million development along Mass Ave is a Times Square-style electronic screen that would wrap around the building's corner and rise more than three stories.
$43M Mass Ave project to feature 235 apartments, three-story screen
City officials this morning unveiled plans for a $43 million redevelopment of a prime Mass Ave parcel occupied by the Indianapolis Fire Department.
City selects developers for Mass Ave project
City officials have picked the apartment specialist J.C. Hart Co., retail developer Paul Kite Co. and architecture firm Schmidt Associates to redevelop a prime Mass Ave parcel currently occupied by the Indianapolis Fire Department.
Fun with renderings: $6.6M Illinois Place Apartments
Development partners The Whitsett Group and The Children's Museum of Indianapolis held a ceremonial groundbreaking this morning for a planned $6.6 million redevelopment of part of the former home of Winona Hospital.
Report: Apartment gains could cool in 2013
Indianapolis-area apartment occupancy and rent rates should continue to grow in 2013, albeit at a slower pace, as developers finish more units and the single-family market picks up steam, the locally based apartment brokerage Tikijian Associates predicts in a new report.