Articles

Marsh spending remodeling, renaming 105 stores

the mood seems upbeat again at Marsh Supermarkets Inc., thanks to a chain-wide effort to upgrade stores and win back loyalty
from customers and employees. CEO Frank Lazaran said the chain has launched a campaign to remodel 70 percent of its grocery
stores within a year and rebrand every one of them.

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Update: Foundry collapse

Workers this morning cleared away the rubble from the old Herron School foundry building along 16th Street. It collapsed yesterday, possibly clearing the way for a deal that would provide…

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Property tax moment of truth

Marion County will begin sending out property tax bills tomorrow, filling hundreds of mailboxes with bad news. Homeowners are bracing for higher bills thanks in large part to the state’s decision a…

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500 Festival moving downtown

The nonprofit volunteer organization that puts on the 500 Festival Parade and other events is moving its headquarters to an office building downtown. 500 Festival plans to move its operations to 21…

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Thoughts on skyscraper’s new look?

The new facade for One Indiana Square was unveiled shortly before this blog began, so we haven’t discussed it yet. Here’s your chance. The project to replace the storm-damaged facade has begun…

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Canal complex wins city incentives

A new apartment and retail complex along the canal has won a 10-year tax abatement worth $2.7 million. The Cosmopolitan on the Canal project, by locally based Flaherty & Collins Properties, is…

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New look for convention center

Locally based Ratio Architects this afternoon unveiled final plans for a 420,000-square-foot expansion of the Indiana Convention Center. It includes 254,000 square feet of additional exhibit space, 63,000…

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Food news: Mexican, Cuban coming

Deals are in the works for two new restaurants downtown: a Mexican joint and a Cuban joint. Adobo Grill is expected to complete a deal this week to take about 6,000 square feet…

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Walsingham parking hurdle cleared?

For about two years, a lack of parking has delayed a condo conversion at the historic Walsingham Apartments (pictured here, courtesy of Indiana Historical Society) at Delaware and 16th streets. But now, an…

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Finish Line’s buy praised, panned

Athletic retailer The Finish Line Inc. had cultivated a reputation for conservative play calling, keeping clean books with
minimal debt. Then on June 18, the Indianapolis-based retailer called a surprise audible. The $1.3 billion company agreed
to acquire Nashville, Tenn.-based Genesco Inc. for $1.5 billion.

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Bank leaving flagship corner

Flagstar Bank will likely vacate one of downtown’s highest visibility corners, at Meridian and Washington streets, later this year. Midland Atlantic is marketing the 3,500-square-foot space in 2 N. Meridian St. as an…

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Jefferson Plaza revamp underway

Downtown’s Jefferson Plaza is getting a facelift and a new name. Developer J. Greg Allen says he’s talking with three potential restaurants interested in opening on the first floor with outdoor dining…

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A new vision for Speedway

The Speedway Redevelopment Commission has unveiled its vision for the redevelopment of 400 acres bordered by Main Street, Olin Avenue, and 10th and 16th streets. They’re calling it The Speed Zone and want…

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4 beds, 2 baths and a billboard

If you’ve driven north on Delaware Street toward 16th, you’ve seen this billboard. But did you notice the Herron-Morton home behind it? The house is for sale, and it’s one of the most interesting listing I’ve seen in a while….

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A ‘bounce house’ to rule them all

This has to be the coolest use of warehouse space yet. A Fishers company called BounceZone has leased 12,000 square feet northwest of 146th Street and Cumberland Road in Noblesville with plans…

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Bonefish Grill in Avon closes

Is Indy losing its status as a chain-restaurant darling? Another popular restaurant has closed, this time the Bonefish Grill in Avon. Other area Bonefish Grill restaurants remain open. The concept is owned by…

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UPDATE: Genesco buy to save Finish Line $15M-20M

Finish Line Inc.’s $1.5 billion acquisition of Hat World parent Genesco Inc. should result in annual savings of $15 million to $20 million for the combined company, executives said in a conference call today. Alan Cohen, CEO of Indianapolis-based Finish Line, said the company has had its eyes on Nashville, Tenn.-based Genesco for a long […]

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Town Center eyed for Bloomington

One of the companies promoting Hamilton County’s Saxony is also leasing a new town center project in Bloomington. The 575-acre development would sit northwest of the intersection of State Road 37 and…

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Office fight puts print firm on spot

A local printing powerhouse is trying to regain the confidence of its employees and customers after the CEO and his secretary
were involved in a profanity-laced physical altercation at work.

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