Iowa-based HNI said Wednesday that the acquisition of Indiana-based Kimball International will enhance manufacturing capabilities and create a combined company that can better benefit from post-pandemic trends in the markets it serves.
The building was purchased from former occupant Girls Inc. by an affiliate of Merchants Bank for $3.1 million in May.
The new owners of the downtown Indianapolis institution aren’t planning radical changes, but it might sound a bit different on certain nights.
Siblings Stephanie White-Longworth and Keith White opened the first Leo’s Market and Eatery in 2019 at 2212 W. Main St. in Greenfield using proceeds from an earlier venture.
United State of Indiana owners Graham Brown and Grant Gilman will set up shop in Monon Station retail center and plan to sell a variety of goods celebrating the state.
The purchase of the Morrison Opera Place building puts an end to plans previous owner Bruce Bodner had to convert part of the property to apartments. An earlier plan for an 18-story addition was dashed due to the pandemic.
The Best Chocolate in Town sweets shop will open informally this week in the same retail strip where it served customers from 2007 to 2020.
A five-year legal battle among members of the Pittman family delayed the project. Those disputes were settled two years ago.
Parker Lord plans to migrate 102 employees from its 214,000-square-foot existing facility at 5101 E. 65th St. and hire another 55 at the new facility in Lawrence.
Nearly 29,000 residents now live downtown, up from about 15,000 in 2010. It’s a number that has been growing as developers continue to add apartment and condo units in the Mile Square and downtown neighborhoods.
The developer plans to put a 20,000-seat soccer stadium for the Indy Eleven right along the White River, which is on the western edge of the former Diamond Chain manufacturing site.
The company plans to retain 500 workers when its relocates from its existing distribution center on Pendleton Pike in Lawrence to the new facility under development in Indianapolis.
A team of two local developers planning the 273-unit Hall Place apartment project at 1720 N. Illinois St. promises to bring dozens of low-rent apartment units to the neighborhood northeast of the expanded Indiana University Health campus.
A bill in the Indiana Senate would significantly expand a state law that requires school districts to make their empty buildings available to charter schools.
Small-batch beer maker Wabash Brewing LLC announced Tuesday its plans to close its location on East 79th Street permanently—the latest exit in a season of tumult for Indy-area brewers.
One of the Indy area’s largest commercial real estate brokerages has decided to designate Indianapolis as its headquarters city, after decades of being based in its hometown of South Bend.
A City-County Council committee passed a group of proposals Monday night to set the stage for the upcoming $180 million City Market East project.
All of the money in the fund came from investments rather than donations, meaning those involved expect a return on their input.
The building’s 58,800 square feet of office and retail space is now mostly vacant, following exits in recent years by Scotty’s Brewhouse, HomeAdvisor and third-party logistics company Backhaul Direct.
The Drake has been a often-discussed property since the museum said in mid-2019 the it planned to raze the 95-year-old building as part of a larger real estate effort to make space for additional exhibits and parking.
