New-home applications still rising in Indianapolis area
Indianapolis-area homebuilders saw a surge in construction permits for new houses in November, marking the 14th straight month of year-over-year increases.
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Lawrence plans Fort Harrison cultural district as a way to draw visitors
With a $5.85 million Lilly Endowment Inc. grant, the city of Lawrence and Arts for Lawrence are poised to launch a major project focused on the arts and the area’s military history.
Bored with breakfast (and lunch)? Just add booze.
Any eatery with some variation of “egg” in its name should excel at the popular hybrid meal. But what about places better known for adult beverages than breakfast?
Pier 1 sinks as it evaluates strategic alternatives, ousts chief
Pier 1, which has five stores in the Indianapolis area, unveiled an ambitious turnaround plan in April, but the retailer saw its sales slump deepen last quarter as it entered the critical holiday shopping period.
Proposed firehouse project in Butler-Tarkington hits snag
After many months of delays, an opponent of the project requested an eleventh-hour stay on city approval after he became too sick to attend the meeting.
Carmel, PNC Bank reach agreement on land sale for mixed-use project
Carmel filed a lawsuit in August to take control of PNC’s North Range Line Road property, but the bank agreed in an out-of-court deal to sell the land for $2.5 million.
Rockstone plans Bedrock HQ, campus for entrepreneurs in Noblesville
Rockstone Investments, parent company of Bedrock Builders, would spend $4.3 million to construct 31,000 square feet of office space plus a 17,000-square-foot warehouse.
Memory Bank: Fresh produce on Christmas Eve
This photo taken Dec. 24, 1929, in the market shows the members of the Italian-American Jardina family working the Mike Jardina Market Stand.
Scotty’s Brewhouse founder sued over Carmel restaurant deal
In the suit, a former business partner of Scott Wise says he was defrauded out of his $300,000 investment in the Scotty’s Brewhouse on Main Street.
Fishers City Council approves zoning change to allow income-based, age-restricted apartments
The council gave the green light Monday to RealAmerica LLC’s plan to build a 130-unit complex along the proposed Nickel Plate Trail that would include 65 apartments with rents based on income.
Flexware expands office project in Fishers’ Nickel Plate District
Flexware Innovation will construct an additional 8,000-square-foot building at 1 Municipal Drive as part of its Nickel Plate District office building project.
Seafood restaurant planned for hotel across from Bankers Life Fieldhouse
The new locally developed seafood eatery is one of four retail tenants that have agreed to lease space in the dual-branded Hyatt Hotel development across from Bankers Life Fieldhouse. The restaurant plans a second location at the Yard at Fishers District.
Stars Sandwich Market to relocate from longtime downtown site
The eatery’s new owners, who acquired the business in May, are moving to a new location over the weekend after 21 years in the current site. They also plan to expand Star’s menu offerings.
Shareholders of Steak n Shake’s parent wrapping up brutally bad year
The value of Biglari Holdings shares have slid since the company at Sardar Biglari's behest adopted a dual-class stock structure in May.
Scotty’s Brewhouse to close four locations as part of bankruptcy
The parent of Scotty’s Brewhouse filed for Chapter 11 bankruptcy protection late Tuesday in Indianapolis. It plans to shut down four of its 17 locations, including two local restaurants.
Toronto firm adds to Indianapolis holdings with two apartment acquisitions
Emma Capital Investments Inc., which entered the Indianapolis market earlier this year, has acquired apartment complexes on the city’s north and northeast sides totaling 496 units.
Broad Ripple nursery owner says nearby redevelopment played role in closure
Weaver’s Lawn & Garden recently closed after 57 years in business. The property owner said he is considering his options for the land.
Christmas tree farmers combat popularity of artificial trees
Between 75 percent and 80 percent of Americans who have a Christmas tree now have an artificial one, and the $1 billion market for fake trees is growing at about 4 percent a year.
Circle City Industrial Complex lands big loan for updates
The old industrial building, which has about 130 tenants, has been in redevelopment mode since 2015.
Genesco still seeking buyer for Lids amid declining sales
Tennessee-based parent Genesco says it is still optimistic it can sell its Lids unit, while acknowledging it has taken longer than expected to find a buyer for the headwear retailer.