Chicago-based taco bar preparing to open downtown Indy location
A restaurant with three locations in Chicago plans to occupy the first-floor space vacated earlier this year by Tilted Kilt Pub & Eatery at South Meridian and Georgia streets.
IBJ Staff
Articles
Central Indiana homes sales, prices rise amid tight inventories
Existing-home sales in central Indiana rose 3.7 percent in August despite rising prices and an ongoing decline in housing inventory.
Indianapolis-area builders see solid demand for new homes
Overall, single-family construction permits in the nine-county area are up 7 percent so far this year compared with the first eight months of 2016.
Finish Line reports tough quarterly results, downsizes forecast
The Indianapolis-based athletic footwear and apparel retailer also made changes to its board and executive ranks.
Records
Bankruptcies Phoenix Excavating Inc., 141 N. 1000 East, Zionsville, 46077, chapter 7 liquidation, liabilities: $561,949; assets: none. Phoenix Grading Inc., 141 N. 1000 East, Zionsville, 46077, chapter 7 liquidation, liabilities: $511,470; assets: none. Contracts Brooke’s Place and Camp Healing Tree have partnered to help grieving children. For more information, visit www.brookesplace.org. Contact larissa@brookesplace.org Fundraising Happy […]
Lechleiters donate $2.5 million to Indiana Repertory Theatre
The largest individual gift in the theater’s history will be used to create the James Still Playwright-in-Residence Fund.
EDITORIAL: Cook dealmaking puts community first
Many firms based across the country take corporate citizenship seriously. But it’s human nature for executives of those firms to put the best jobs—and to show the greatest corporate engagement—in their headquarters towns.
Lilly Endowment gives $30M for Harvey, Irma relief
The local philanthropic foundation announced Wednesday that the funds would support the American Red Cross, Salvation Army, United Way Worldwide and United Way of Greater Houston.
KAR Auction Services planning $80M HQ project in Carmel
The Carmel-based vehicle reseller announced Tuesday that it intends to develop a new corporate campus that includes a 250,000-square-foot headquarters that provides room for 400 additional employees.
Cook Group selling drug unit for $950M, buying former GE factory
Cook officials cast the sale of Cook Pharmica and the purchase of what once was the world’s largest refrigerator factory as good news for Bloomington.
Indiana’s unemployment rate jumps to 3.5 percent
Indiana had the largest July-to-August unemployment rate increase among states, according to the the U.S. Labor Department. But its still one of the nation’s lowest rates.
Grady leaving WRTV, Pacers for Nets job in New York
Michael Grady, a sports reporter at WRTV-TV Channel 6 and public address announcer for the Indiana Pacers, has taken a position as sideline reporter for the NBA’s Brooklyn Nets.
Holdfolio purchases second apartment complex
Holdfolio paid $1.4 million to purchase the 50-unit Terrace Park Apartments at 2314 Main St.
Local apartment developer makes Inc.’s fast-growing list
The Garrett Cos. posted revenue in 2016 of $43 million, a more-than-2,000-percent increase from the previous year, helping the developer rise from 623rd in 2016 to 210th this year.
Regional effort holds promise
It’s been sort of fun watching communities across the country—including Indianapolis—get fired up about the idea of landing what Amazon Inc. is calling HQ2, essentially a second North American headquarters for its burgeoning operations. The company sent most major metros into a tizzy with its open call for proposals to host the tech and retail […]
Veolia North America closing Indy office in consolidation effort
Veolia North America, a utility giant that operated water and wastewater operations in Indianapolis from 2002 to 2010, is closing a local office that employs about 90 people.
Finish Line stock jumps on takeover speculation
Stock in Finish Line Inc. rose 6.5 percent Wednesday after an analyst at Susquehanna Financial said he believes a buyout of the Indianapolis-based retailer is likely.
Longtime historic preservation leader Williamson dies at 82
J. Reid Williamson Jr., who served as president of Historic Landmarks Foundation of Indiana from 1973 to 2005, is remembered as “a giant in the field of historic preservation.”
Children’s Museum unveils ‘sports legends’ for new outdoor exhibit
Several famous basketball players, a pair of renowned golf course architects, a hockey superstar and the man regarded as the greatest race car driver of all time are among those selected to be honored in the Children’s Museum of Indianapolis’ new $38.5 million sports exhibit.
Third member of Fishers investment firm sentenced for fraud
The third and final member of a Fishers-based capital investment firm called the Dane Group has been sentenced to three years in the Indiana Department of Correction.