Loco’s owners plan restaurants in Cummins building, former BrewDog site
Loco Restaurant Group Inc. is branching out to a quick-service concept, plus an eatery focused on American cuisine.
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Local investors plan to revamp dilapidated College Avenue building
As proposed, the project would consist of street-level commercial spaces and upscale three-bedroom, three-bathroom apartments on the second floor.
Popular convenience stores planning Indiana debuts
Popular East Coast chain Wawa and Missouri-based Wally’s travel centers are both planning Indiana locations.
Bank of America continues expansion in Indianapolis market
North Carolina-based Bank of America has opened 19 area branches since entering the Indianapolis market in 2017, including a new one in Carmel. It plans to open at least three more by 2025.
Work on new community center set to start in International District
The nearly 15,000-square-foot building, about two miles south of the new Window to the World project along Lafayette Road, will be called the International District Community Center.
16 Tech pencils in plans for two more buildings after early leasing success
Pre-leasing has begun on two buildings planned for the entrepreneurism-innovation district: a 100,000-square-foot laboratory building and a 40,000-square-foot office structure that would be dedicated to sports- and health-focused tenants.
UPDATE: Indianapolis to move about 550 employees to City-County Building
The three-phased move is intended to create a dense grouping of professionals in the core of downtown and save taxpayer dollars, the city said Monday.
Logansport-based bank chooses north side for its first Indy-area bank branch
Logansport-based Security Federal Savings Bank says it plans to begin construction this week on a branch office on the north side of Indianapolis.
Chase to close two south-side branches, including one designed by noted architect
Chase has notified bank regulators that it plans to close two Indianapolis branches, both standalone locations at busy intersections.
IBJ Podcast: Restaurateur Cunningham on Pacers’ Commission Row, other new concepts for Indy
The founder of Vida, Livery, Bru Burger Bar, Rize and more than a dozen other concepts says Cunningham Restaurant Group could grow from about 40 eateries to as many as 60 in three years.
City drops plan to redevelop City-County Building
The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.
Local industrial demand cooling as brokers look to fill massive buildings
The slowdown in leasing activity, which began late last year, is putting some developers in a tricky spot.
Emmis lists Monument Circle HQ for $35M
The seven-story, 140,000-square-foot structure at 40 Monument Circle was built in 1998 as a dedicated home for Emmis, then a growing media company.
IBJ Podcast: The story behind Peterman’s wild growth across Indiana since brothers took over
Pete Peterman couldn’t have imagined how much and how fast the company would grow under the new generation, which had a strategy that required a fundamental change in the business.
Downtown office space at crossroads, local broker says
John Robinson, managing director for the Indianapolis division of Chicago-based JLL, said during an IBJ panel discussion Friday that he expects at least three of downtown’s 10 major office towers to go through foreclosure or take big losses in a sale over the next few years.
Apartments planned for former bar site near Lucas Oil Stadium
A Greenfield-based developer plans to demolish the former Stadium Tavern to make way for a four-story apartment building.
TWG’s ambitious Old City Hall proposal chosen over several other bids
A few of other bids were similar to the selected proposal put forth by TWG Development, while others went in a distinctly different direction. Here’s a look at those proposals.
Bakery planned for Shelby Street corridor near Garfield Park
Cafe Babette LLC plans to take over the former location of The Garfield Eatery & Coffee, which closed in December 2016.
Signia, convention center expansion clear early design hurdle
The plan allows for a 468-foot-tall hotel tower—which would make it the tallest hotel in the state, and the fourth-tallest building overall.
Circle Tower owner facing foreclosure for alleged nonpayment
Chicago co-working company Expansive bought the landmark building on Monument Circle before the pandemic. Centier Bank says Expansive still owes $12.9M on its loan and has fallen behind on payments.