Indy-based Delco Foods plans expansion into Whitestown, 132 jobs
The specialty and Italian food distributor plans to spend more than $5 million to open a cheese-processing, printing and warehouse facility near Interstate 65.
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Sears’ biggest shareholder bids $4.6B for rest of bankrupt chain
Eddie Lampert took his first step toward rescuing Sears Holdings Corp. from bankruptcy with a $4.6 billion bid that would keep hundreds of stores open and preserve about 50,000 jobs.
Memory Bank: The 1947 mayor’s race
In this photo, taken April 12, 1947, girls are carrying “Wemmer for Mayor” balloons supporting Republican William Wemmer as they walk down the 100 block of West Washington Street.
Chatham Arch residential project set to move forward after legal battle
The Indiana Supreme Court declined to consider a case that was delaying the proposed redevelopment of the 800 block of North East Street. The project includes more than 50 condominiums, retail space, townhouses and single-family homes.
After years of effort, 16 Tech innovation district finally starting construction
Developers of 16 Tech—a consortium of offices, laboratories, housing and retail space—believe the campus will become a powerful economic engine by fostering collaboration and innovation.
North-side office buildings sell for $17M
The two properties straddling the Castleton and Lake Clearwater areas recently received slick updates from their previous owner.
Hamilton County asks state police to probe late-fee claims in lawsuit
The Hamilton County Commissioners have asked state police to investigate claims that the treasurer’s office dodged fees for family members who made late property tax payments after a former employee filed a lawsuit alleging the practice.
Browning plans $157M mixed-use development in downtown Fishers
The project is slated for the north and south sides of 116th Street and will include residential, retail, a high-end boutique hotel and a six-story office building.
Neighbors of Mile Square apartment project satisfied with bigger, reconfigured plans
The proposed development at 421 N. Pennsylvania St. has undergone extensive changes since this spring, including rising from seven to 11 stories.
Greenwood-based One Click Ventures acquired by eyewear heavyweight
Randy Stocklin, who founded the company with his wife, Angie Stocklin, will remain with the company.
Landlord suing Mo’s Irish Pub for $100K in rent, liquor permit
Hamilton Town Center claims that the operator of the now-closed Irish-themed restaurant has reneged on an agreement to sell the valuable liquor, wine and beer permit back to the landlord.
City poised to offer $1.6M to acquire troubled Oaktree Apartments
The abandoned, 336-unit complex “presents considerable safety and security challenges” for its surrounding neighborhood, according to the city.
Local apartment brokerage Tikijian Associates bought by Cushman & Wakefield
George Tikijian, who founded the company in 2005, said the deal was finalized Thursday following several months of internal deliberation.
Proposed Fishers workforce housing project misses out on tax credits
RealAmerica Development LLC’s plan to build 70 income-based apartments in downtown Fishers has been passed over for housing tax credits that would have helped finance the project.
Gallery Pastry Shop to open second, larger location
The pastry shop, which opened its Broad Ripple business in 2016, plans to open another location in 2020 in a new building in the Old Northside neighborhood.
Virtual reality plays growing role in retail
Early-adopter retailers in central Indiana—including Walmart, Macy’s and California Closets—are embracing virtual reality for employee training or to enhance customer experiences.
Trampoline park to occupy former Marsh store in Noblesville
Urban Air Adventure Park has leased 34,000 square feet of a building left vacant in 2017 by Marsh Supermarkets.
Coil Apartments in Broad Ripple sold for more than $40 million
A Chicago-based private-equity firm acquired the grocery-anchored 151-unit complex from a partnership consisting of developers Browning Investments and Sheehan Construction Co.
Vote postponed on controversial Broad Ripple apartment project
The developer of a proposed 164-unit apartment complex in the heart of Broad Ripple said it would consider going back to the drawing board in an effort to get the blessing of some area residents who have concerns about the project.
Indianapolis engineering service provider to relocate to Noblesville
Applied Intelligence Corp. on Tuesday received preliminary approval for tax incentives based on its plan to build a new headquarters in Noblesville.