Stumbling HHGregg shares face delisting from stock exchange
The New York Stock Exchange has notified HHGregg that the company’s stock price needs rise above avoid a delisting. Its market cap also needs a boost.
Scott Olson
Articles
Developer blazes trail with market-rate homes at Central State
But South Bend-based Holladay Properties is about to test the demand for new housing priced in the $200,000 range on the former campus of the west-side Central State Hospital.
Recess closing with Neal Brown eatery set to take its place
Greg Hardesty will serve his last patrons Feb. 18 at the popular bistro south of Broad Ripple. He will turn it over to another high-profile local restaurateur, who will open a Japanese-inspired concept in the space.
Roundup: High-profile Chatham Arch, Fountain Square, Coal Factory projects still in limbo
On Wednesday, members of the Indianapolis Historic Preservation Commission delayed final decisions on four major redevelopment projects. One applicant was told to start over.
Citizens coke plant site has its share of ‘challenges,’ Hogsett says
Transforming the site to a criminal justice complex would take years of contaminant cleanup, officials said Tuesday, but construction could overlap with that work.
Growing ad agency takes prime space on Monument Circle
Bradley and Montgomery has renovated the second floor of the Indianapolis Power & Light Co. building, adding modern touches while keeping some organic elements.
Historic downtown building to house new Tapestry hotel brand
Ratio Architects is designing the project for Hilton as part of a redevelopment of One Jackson Place, a 93-year-old former hotel near Union Station.
Developer buying Milano Inn property for big mixed-use project
A South Bend-based firm envisions condominiums and a mix of retail and restaurant space on the site of the hallowed Italian eatery that closed late last year.
Finish Line reaches deal to sell JackRabbit chain of running shoe stores
The Indianapolis-based retailer plans to take a pretax charge of as much as $36 million in connection with the sale of the money-losing business to a Los Angeles-based investment firm.
Roundup: Salesforce Tower gets big breakfast joint; Mass Ave snags game room
A Chicago-based chain is taking a crack at the street-level space in Salesforce Tower previously occupied by Paradise Bakery & Cafe.
North-side Pittman properties sell at auction for nearly $2M
The properties, in Carmel and Zionsville, had been owned by the late Dr. John Norman Pittman and were sold in three separate transactions.
Massive $90M Greenwood retail project facing delays
Gershman Partners had hoped to start construction late last year, but the mayor of Greenwood says large retailers have been slow to commit to the project, causing the delay.
Indy housing agency’s development arm promotes new leader
Jennifer Green, an agency veteran who previously led the city’s efforts to develop Fall Creek Place, is the new president of Insight Development Corp.
UPDATE: Circle Centre anchor Carson’s commits to 5-year lease extension
The department store’s lease had been due to expire next January. If it had pulled out, the downtown mall would have been left with no anchors.
New entertainment venue taking former Latitude 360 space
Main Event Entertainment hopes to open in the Lake Clearwater area by the end of February. And nearby, J. Crew Mercantile is coming to the Rivers Edge Shopping Center.
Foreclosure suit alleges Mainscape affiliate owes more than $6M on loan
The 100,000-square-foot building on Keystone Avenue once served as the headquarters for the landscape firm Mainscape Inc.
Survival questions swirl over HHGregg
The company's shares took a dramatic tumble on Jan. 9, after it reported disastrous preliminary sales figures for the quarter ended Dec. 31.
City unveils plans for City-County Building plaza revamp
The latest design plan, from Rundell Ernstberger Associates, is ready more than two years after a more expensive version was selected and ultimately scrapped due to its cost.
Oregon-based juice bar, organic nosh spot opening near Monument Circle
Developments downtown are drawing a Portland entrepreneur and Hoosier native back to the city, where Greenleaf Juicing Co. in March will open its first store outside of the Pacific Northwest.
Roundup: New taqueria to replace Plow & Anchor downtown
The owners of the former Plow & Anchor restaurant, which closed Jan. 2, hope to have the Mexican eatery open within the next month.