Townhomes planned on former service-station site in Fountain Square
The project is slated for an odd triangular parcel along one of Fountain Square’s main arteries as the neighborhood’s resurgence continues.
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Amazon near deals with New York, Virginia for split HQ2, newspaper says
Amazon.com Inc. will separate its proposed second headquarters into two locations, and is close to deals with both sites, The New York Times reported Monday.
Pittman siblings battle over proposed Carmel office project
Developer Steve Pittman’s proposal to build an office building at 106th and Illinois streets is moving forward through the approval process, despite contentious pleas from two of his siblings that the project be reworked.
Amazon to choose two cities instead of one for HQ2 project, newspaper says
The online retail giant plans to divide the $5 billion HQ2 project between two locations, The Wall Street Journal said, citing a person familiar with the matter. The two cities will end up with about 25,000 workers each.
Local officials mum amid reports Amazon zeroing in on D.C. for HQ2
Amazon is approaching its end-of-year deadline for deciding where it will locate the $5 billion campus, and two national newspapers reported over the weekend that an area in northern Virginia is far along in negotiations.
Brewpub closes after seven-month run in Butler-Tarkington
A brewery and restaurant that hoped to be part of the revitalization of the south end of the Butler-Tarkington neighborhood has closed, citing “unexpected circumstances.”
Former ‘Top Chef’ contestants plan seafood restaurant in old Big Al’s space
The Meridian-Kessler eatery also involves Scotty’s Brewhouse founder Scott Wise. It will join a clothing boutique and a taproom in the former Big Al’s Superstore space.
Broad Ripple lands taco restaurant, tiki bar, chicken joint
All three establishments are set to open this month on Broad Ripple Avenue in former restaurant and bar spaces.
Glitchy Starbucks app irks customers even as shares hit record
The company, which on Thursday reported better-than-expected sales in the U.S., faced criticism on Twitter Friday morning as customers reported problems with its popular smartphone app.
Geoffrey the Giraffe to make comeback in Kroger aisles
Meanwhile, the hedge funds that now own the Toys “R” Us brand plan to relaunch the toy retailer as a standalone operation next year, according to people familiar with the matter.
Taxman Brewing to open restaurant/bar in historic downtown building
It will be the first Indianapolis location for Taxman, which also has operations in Johnson and Hancock counties.
Memory Bank: Indiana’s Benjamin Harrison runs for president in 1888
Harrison conducted what’s now considered the first “front porch” campaign, in which he delivered short speeches to visiting delegations at his home on Delaware Street and later from a platform created for him in University Park.
Carmel turning blighted industrial area into sizzling mixed-use corridor
Redevelopment projects are dramatically reshaping several blocks along the Monon Trail in Carmel—and an end to construction isn’t in sight for the Midtown area.
Kite Realty meets expectations with third quarter results
The Indianapolis-based real estate investment trust executed 93 leases and opened spaces for 39 new tenants in the quarter.
Sears’ Castleton, Greenwood closings create opportunities, obstacles
One complication is that Sears—not Simon Property Group—controls the Castleton Square space.
Old Southside targeted for $4M city investment through Lift Indy program
The funds are expected to help the neighborhood and its partners invest in upgrades to the area’s local park and improve the infrastructure of South Meridian Street, as well as build several hundred new units of affordable housing.
Developer to revamp 50-year-old, south-side apartment complex
Birge & Held plans to rehabilitate the 304-unit community and target low- and moderate-income renters, who face a shortage of affordable housing.
Claddagh Irish Pub & Restaurant to close one Indianapolis location
The Indianapolis area is down to two Claddagh locations after the closure. The restaurant’s parent company says it plans to put the property up for sale in the next two weeks.
Developer pulls trigger on $50M logistics project near I-65
The new owner of the site is bullish enough on the Indianapolis market to start development of the 1 million-square-foot building without having a user signed for the space.
U.S. apparel spending rises at fastest pace since 2005
Low unemployment, elevated consumer confidence and stronger household finances are encouraging shoppers to dip confidently into their cash.