IndyGo purchases former Celadon offices for $3M
The east-side site, at 9503 E. 33rd St., will serve as an additional location for IndyGo, which has outgrown its current West Washington Street headquarters.
Indianapolis
Articles
Fort Harrison’s last historic building up for grabs
The building, which formerly served as the post exchange for soldiers stationed at Fort Benjamin Harrison, was offered for sale by the Fort Harrison Reuse Authority this week. Also this week: Tru by Hilton, Culver’s and more.
Market Tower owner sues CVS over lease dispute at downtown store
The owner of the Market Tower office building at 10 W. Market St. in downtown Indianapolis is suing CVS, alleging the retailer improperly terminated its lease and stopped paying rent after the store was damaged during downtown rioting this spring.
Simon Property reversing pandemic-related executive pay cuts
Indianapolis-based shopping mall giant Simon Property Group will reinstate the pay of executives and board members who had been working under pandemic-related pay cuts since spring, the company announced Monday.
Local chocolatier to open retail space, tasting room
SoChatti is adding the storefront to its production, research and warehouse facility in the Circle City Industrial Complex on the city’s near east side. Also this week: J’s Lobster & Fish Market, The Spice Box.
Longtime Carmel-based Allegion executive shifting to new role
Allegion executive Tim Eckersley, who has led the company’s Americas division since 2013, will shift to lead the company’s operations in other parts of the world.
Indy Chamber announces leadership change at Develop Indy
Indy Chamber executive Ian Nicolini has moved into the organization’s long-vacant role of chief operating officer, and Portia Bailey-Bernard has taken over Nicolini’s former position as the chamber’s economic development leader.
Upgrades planned at Mass Ave’s Davlan Park
The project, set for completion by next summer, will include additional outdoor seating for both Bru Burger and Starbucks. Also this week: 3 Days in Paris, The Tamale Place, Champp’s, Greeks Pizzeria
Slippery Noodle Inn owner Hal Yeagy Jr. dies
Yeagy had owned the establishment since 1985, building it into a renowned spot for live blues music.
Museums see holiday shopping event as lifeline
The annual Museum Store Sunday event, to be held on Nov. 29, is expected to have extra impact this year because many other sources of museum revenue, including admissions and special events, have been disrupted due to the pandemic.
Economist: Indiana might benefit as pandemic pushes people to flee big cities
Jeff Korzenik, chief investment strategist at Fifth Third Bank, said Thursday that homeowners and businesses have become more interested in locating in suburbs and mid-sized cities—a trend that could benefit the Indianapolis area.
First Merchants to acquire Indianapolis-based Hoosier Trust Co.
Muncie-based First Merchants plans to acquire Hoosier Trust for $3.2 million in a deal that is expected to close early next year.
Calumet Specialty Products posts $56M quarterly loss
The Indianapolis-based company, which makes specialty hydrocarbon and fuels products, said it is seeing business conditions improve compared with earlier months of the pandemic.
Pet supplies chain with 10 local stores going out of business
The retailer has 358 stores, including four in Indianapolis, two in Carmel and one each in Brownsburg, Greenwood, Shelbyville and Zionsville.
Ivy Tech, Conexus to launch first-of-its-kind truck driver training program
The one-semester program, which includes both on-the-road driver training and academic instruction, is set to begin in January at Ivy Tech campuses in Indianapolis, Lafayette, Fort Wayne, Evansville and Lawrenceburg.
Italian market and restaurant Catello’s coming to Indy’s north side
Owner Catello Avagnale, who moved to the area from his native Italy in 2014, will operate both a restaurant and a market in an 8,400-square-foot space in the Clearwater Springs shopping center on East 82nd Street.
Allison Transmission’s sales, profit improve from previous quarter’s plunge
Although its financial performance hasn’t yet recovered to pre-pandemic levels, the Indianapolis-based manufacturer’s third-quarter financial results exceeded analysts’ expectations.
Car detailing specialty chain opening first Indiana store
Detail Garage, a California-based retail chain, will open a franchised store in Plainfield on Friday. It’s the first in Indiana for the fast-growing retail arm of Chemical Guys, which makes a line of car detailing products.
Hickory Hillz BBQ opening in downtown Franklin
It will be the second restaurant for the business that started in Edinburgh in 2005. Also this week: Guardian RV Storage, Sun King, Big Woods, Liftoff Creamery and Athletic Annex.
Total Wine & More liquor superstore to open in Nora
The 86th Street store, which is set to open next month, will be the first in Indiana for the Maryland-based chain. Also this week: Nada and Downtown Arts Market.