$9.2M Riverside Park amphitheater could be a ‘game-changer’
A towering limestone monument to a long-ago Indianapolis mayor will be transformed into a performance venue at Riverside Park, thanks in part to a Lilly Endowment Inc. grant.
Susan Orr
Articles
Indianapolis-based trucking firm Celadon Group switches auditors
The move comes as Celadon works through a host of accounting and financial issues that were first announced in May 2017.
ROUNDUP: Tinker Coffee buys larger space, plans to open cafe
The roastery’s new building is near 16 Tech. Also this week: JackRabbit, Derezzed Virtual Reality and Walmart pickup towers.
National Bank of Indianapolis CEO retiring after 25 years at helm
President, chief executive and bank co-founder Morrie Maurer plans to retire Jan. 4, to be succeeded by a longtime executive within the organization.
J.P. Morgan takes three former advisers who joined competitor to court
J.P. Morgan has won a preliminary injunction against three former employees in its Carmel office, who are accused of taking at least 20 clients with millions of dollars in assets to a competing firm.
2018 Year in Review: Carson’s, other department stores close; Musk restaurants open
Carson’s left a 145,000-square-foot hole in Circle Centre mall when the three-story department store shut down April 29 following a three-month liquidation sale.
2018 Year in Review: Downtown coalition, INDOT battle over I-65/I-70 rebuild project
In response to public input, INDOT said in September it would not add extra through lanes to the interchange as planned. INDOT also said its plans now call for the construction of retaining walls in certain areas that are only 7 to 11 feet high at the top of existing berms, rather than the much-higher retaining walls at the foot of the berms that it had originally proposed.
Lawrence plans Fort Harrison cultural district as a way to draw visitors
With a $5.85 million Lilly Endowment Inc. grant, the city of Lawrence and Arts for Lawrence are poised to launch a major project focused on the arts and the area’s military history.
Carmel-based tech firm Determine delisted from Nasdaq
The software company’s shareholder equity fell below the $2.5 million required to remain on the exchange.
Peppy Grill closes for renovations
The 24-hour diner, which closed late last month, expects to reopen in March with all-new seating, flooring, kitchen equipment and a new indoor/outdoor seating area on the north side of the building.
Scotty’s Brewhouse founder sued over Carmel restaurant deal
In the suit, a former business partner of Scott Wise says he was defrauded out of his $300,000 investment in the Scotty’s Brewhouse on Main Street.
Stars Sandwich Market to relocate from longtime downtown site
The eatery’s new owners, who acquired the business in May, are moving to a new location over the weekend after 21 years in the current site. They also plan to expand Star’s menu offerings.
ROUNDUP: City Dogs Grocery to open Fountain Square store
Its second store in the downtown area will replace one in Broad Ripple. Also this week: Carvana, Vispring, Texas Roadhouse, Aldi, Dunkin’ Donuts and Jimmy John’s
Indianapolis-based Contour Hardening has new leader, huge growth plans
The small manufacturer in the niche metal heat-treating industry has a new CEO, a new outlook and plans to more than triple annual revenue in five years.
Scotty’s Brewhouse to close four locations as part of bankruptcy
The parent of Scotty’s Brewhouse filed for Chapter 11 bankruptcy protection late Tuesday in Indianapolis. It plans to shut down four of its 17 locations, including two local restaurants.
Celadon CEO Svindland recovering after brain surgery
CEO Paul Svindland is recovering at home following surgery last week to remove a benign brain tumor, the Indianapolis-based trucking company said Tuesday.
Carmel-based Merchants Bancorp to acquire Florida-based lender
NattyMac, which was established in 2004, has a historical connection with Indianapolis and was sold to its current owner in 2017 for $211 million.
Cummins CEO: U.S. should take incremental steps to resolve trade tensions
Cummins CEO Tom Linebarger says a practical, targeted approach will work better than “carpet-bombing” China with escalating tariffs.
Genesco still seeking buyer for Lids amid declining sales
Tennessee-based parent Genesco says it is still optimistic it can sell its Lids unit, while acknowledging it has taken longer than expected to find a buyer for the headwear retailer.
Q&A with Chelsea Haring-Cozzi, CHIP’s new executive director
Chelsea Haring-Cozzi knows, through a close relative’s experience, how important a safety net can be in keeping people from becoming homeless.