The chain's performance declined after founder Scott Wise sold it in December 2016, and in recent months it has closed four restaurants and announced plans to close a fifth.
Debt payments will be due before all the buildings are completed. But Carmel officials say the delays shouldn’t cost taxpayers because of safeguards the city and the developer put in in place years ago.
Walmart on Wednesday said it plans to spend $96 million this year in Indiana to remodel 19 stores and expand some of its customer-service options and technology.
The best-known name in detergents is about to bring its fast-growing laundry-services business to the Indianapolis area after acquiring five local dry cleaning stores.
The closure will be the sixth for the Indianapolis-based restaurant chain since late last year. It comes as corporate parent Scotty’s Holdings works its way through Chapter 11 bankruptcy.
Work finally has begun on construction of a 60-unit apartment project for seniors behind the former St. John United Church of Christ, which will receive $1.5 million in preservation work.
The historic Brown County town of Story includes 17.4 acres of property, a general store, an old grain mill, numerous barns, rental cabins and outbuildings.
Accutech Systems Corp., a wealth management software provider, said it intends to hire nearly 50 employees for jobs at the new headquarters.
The destination best known for the annual Pumpkin Harvest Festival has changed hands, but its new owner hopes to maintain it as a farm.
The so-called Tiny House Hotel is a big part of an effort to attract fans of miniature abodes to the city.
Real estate agent and nearby resident Kelly Lavengood says she was inspired by other rehab projects in the area to buy and renovate the former Pure Oil gas station on 38th Street.
The Lilly Library at Indiana University—home to more than 450,000 rare books, 8.5 million manuscripts and 150,000 sheets of music—hasn’t had a significant interior renovation since it opened in 1960.
The iconic Fishers restaurant known for its giant pork tenderloin sandwiches and its historic downtown building is set to close later this month after 28 years in operation.
The town of Speedway received the grant from the Indiana Department of Transportation for five road resurfacing and sidewalk replacement projects in residential areas.
Nashville, Tennessee-based LifeWay Christian Resources plans to close all of its bookstores nationwide this year and operate online only.
The Metropolitan Development Commission next week is expected to see, and vote on, the proposal. Some area residents have objected to the use of park space for businesses.
Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market. And colder-than-usual weather last month didn’t help.
The Senate Local Government Committee voted 5-4 on Thursday against House Bill 1212, which would have mandated that sheriff’s offices advertise foreclosure sales online rather than in printed newspapers.
The building, 9105 E. 56th St., anchors the 20-acre Harrison Commerce Park at Fort Harrison. The property has changed hands three times in the past eight years.
The U.S. Department of Housing and Urban Development, which is pursuing civil charges and potential monetary awards that could run into the millions, said Facebook’s ad-targeting platform is discriminating against groups of people through exclusion.
