In a statement, CEO Robert Riesbeck said: "While decisions like this are never easy, we are taking the necessary steps to preserve and grow our business during the continued challenging retail environment.”
The idea of becoming a major-league soccer city is great, although it’s way too early—and Ersal Ozdemir’s plan way too sketchy—to pass judgment yet on whether Mayor Joe Hogsett’s administration and CIB should support any city financial involvement in making it a reality.
The city has only hosted the Super Bowl once—in 2012—and failed in a second bid. (IBJ file photo) Opinions vary on the likelihood of Indianapolis’ ever hosting another Super Bowl. The city hosted the 2012 Super Bowl and earned rave reviews from the NFL, the league’s corporate partners, participating teams and myriad visitors to the […]
Indianapolis continues to see consistent year-over-year growth in its convention business, which is reflected in the growth of the 10 biggest conventions the city hosts. In 2017, Visit Indy projects the city’s 10 biggest conventions will have a $380 million economic impact, a 6 percent increase from last year. Since 2014, the economic impact from […]
Indianapolis-based developer Milhaus is marketing a massive package of multifamily properties that includes several high-profile developments in Indianapolis.
Hamilton Crossing, a high-profile Class A suburban office park with six buildings on 44 acres along U.S. 31 in Carmel, sold for an estimated $70 million.
The third-party logistics provider said it will invest $3.7 million to upgrade a 173,000-square-foot facility—creating additional pharmaceutical-grade storage capicity that will allow it to service a new contract.
Jumping from the North American Soccer League—the second-tier professional soccer league in the United States—to the top league would require the Indy Eleven to pay a franchise expansion fee of at least $150 million and would involve construction of a downtown stadium.
A New York firm bought downtown’s Station Place office building at Georgia and Meridian streets for just under the asking price.
Troy Riggs earlier this month became a vice president for the Sagamore Institute. He left his job with the Indianapolis Metropolitan Police Department in December, citing the need to make more money.
We urge Republicans—who control both the House and Senate—to listen to the concerns of Democrats. It would be unwise and unfair to design a system that created an advantage for one party over another.
The company, which has 8,000 U.S. clients and boasts having the world’s most-downloaded mobile-giving app, plans to triple its space in The Majestic Building to 3,000 square feet.
Closed sales in the 13-county area have risen every month on a year-over-year basis since October 2015.
The Warehouse—a 150-seat venue in a 60-year-old former machine shop in the Arts & Design District—had three shows scheduled this week. Dozens of national artists played at the music hall over the past 15 months.
Private-sector employment in Indiana grew by almost 23,000 overall in 2016, but fell by 6,000 in December.
The 4-year-old firm company could more than triple its employee base by 2020.
Longtime Indianapolis sports journalist Bill Benner is among six Hoosiers to be inducted this year into the Indiana Sportswriters and Sportscasters Association Hall of Fame.
General Manager Ryan Grigson went 49-31 as Colts general manager after replacing Bill Polian in 2012, but the team has missed the playoffs the past two seasons.
Fishers-based First Internet Bancorp on Thursday said it realized record earnings in the fourth quarter—the 10th time in 11 quarters it has seen rising earnings.
