Academy Sports + Outdoors to add Greenwood-area store in April
The Greenwood-area location will become Academy Sports + Outdoor’s seventh Indiana store, with five opening since 2022.
Real Estate
Articles
Builder planning 417 new homes in Johnson County
Plans call for the 169-acre Sawyer Walk development along State Road 144 on the north side of Bargersville to have 273 single-family homes and 144 paired villas.
10 Vicious Biscuit restaurants planned for central Indiana
Breakfast and brunch concept Vicious Biscuit launched in South Carolina and has expanded to North Carolina, Florida and Ohio.
Much of Pan Am block being demolished to make way for convention center expansion, 40-story hotel
The structures and public spaces being erased from the site include the former Pavilion at Pan Am event center at 201 S. Capitol Ave. and the Pan American Plaza, making way for vertical construction later this spring.
Former grocery building now a high-end home
The building sits on land that Israel Traub, a German-Swiss immigrant, purchased in 1854 for a grocery store he opened in 1866, according to the St. Joseph Historic Neighborhood Association.
Demand continues to outpace supply, but sales volume increase is expected
Experts say this year will see a continuation of the same pattern that’s governed the market since before the pandemic—too many buyers chasing not enough listings—with higher interest rates complicating the picture.
Discount grocers smell opportunity amid rising prices
Prices in the grocery category have surged 25 percent over the past four years, outpacing the overall inflation rate of 20 percent during the same period. That opens the door for retailers like Aldi and Dollar General.
Sales of existing homes in central Indiana slip for 25th straight month
Sales in the 16-county area decreased in February amid higher prices and a declining inventory.
Shopping center exec arrested on fraud charges
Indiana native Jonathan Larmore, whose real estate company held numerous shopping centers in central Indiana, was arrested Thursday on fraud charges related to an alleged $77 million scheme to inflate WeWork Inc.’s stock price.
His Place Eatery to open new location near intersection of 86th and Ditch
His Place Eatery, consistently ranked as a top soul food restaurant in the city, is expanding 15 years after it opened in March 2009.
Altered downtown Indy tax district legislation hits governor’s desk
Indianapolis’ planned Mile Square economic enhancement district will likely operate from a smaller tax pool and with a majority state-appointed board under state legislation.
Butler seeks approvals for new presidential residence by campus
The school intends to demolish an existing residence and build the new house before late 2026, which coincides with the end of President James Danko’s contract with the school.
Construction resumes on Andretti Global HQ in Fishers
Andretti Global, the parent of Andretti Autosport, is moving forward with its new headquarters campus in Fishers following almost a year of legal delays.
Stellantis puts massive Tipton manufacturing complex on the market
Operations at the 781,500-square-foot Tipton Transmission Plant, which includes three buildings and spans 103 acres, were quietly suspended last summer.
Indianapolis startup Dwellane aims to provide local context for online house-hunting
Dwellane, founded by a longtime Indianapolis real estate agent, offers a website where users can both search for local homes and learn about the neighborhoods in which those homes are located.
Culinary Dropout restaurant chain to make Midwest debut at Nora Plaza
American comfort food specialist Culinary Dropout launched in Arizona in 2010 and operates 11 locations in five states. The chain is part of Fox Restaurant Concepts, which is owned by The Cheesecake Factory.
Montessori school takes over former Purdue Polytechnic building in Broad Ripple
Peanut Montessori acquired the 12,100-square-foot brick building along Broad Ripple Avenue on Monday and plans to move its operations to the property later this year.
The Justus Cos. planning to relocate HQ from Indianapolis to Noblesville
The real estate development firm, which has been based in Indianapolis for 114 years, plans to move to a new $7.3 million building after reaching an incentives deal with Noblesville that was approved Tuesday.
UPDATE: Macy’s to close 150 stores over 3 years as it fights takeover bid
Macy’s Inc., which did not release a list of stores it will shutter, also said it will expand its higher end Bloomingdale’s and Bluemercury chains.
Developers come out of the shadows in Westfield
With a new mayor and a completely new city council in Westfield, developers have resumed submitting projects to a city they say they’ve avoided the past four years.