Pancheros Mexican Grill to enter Indy market with multiple stores
The Iowa-based chain of fast-casual Mexican restaurants has more than 70 stores in 14 states.
Real Estate
Articles
Hustler Hollywood loses appeal for Castleton-area store
A ruling on Monday from the 7th Circuit Court of Appeals upheld a city ordinance that prohibits adult entertainment businesses from operating in certain areas.
Sun King unveils restaurant lineup for Carmel distillery, tap room
Sun King Brewery on Tuesday announced plans to fill the food hall in its soon-to-open tap room and distillery in Carmel with four independently-operated eateries.
Restaurant chain Steak n Shake posts third straight quarterly loss
The Indianapolis-based restaurant chain saw declining customer traffic and sales in the first quarter.
Students’ solution for Lafayette Square: ‘Tear it down, build industrial’
Leaders of a collegiate contest for real estate development elected the struggling west-side shopping center as a case study. The winning entry suggesting wiping the slate clean.
16 Tech district could help slow Indiana’s brain drain, panel says
The work-play-live district for innovation and entrepreneurship being developed on the near-northwest side will include research labs, apartments and bicycle trails—which could help to attract young workers.
Local developer plans four-story condo project on Mass Ave
Stenz Construction Corp. bought a two-story office building in the Mass Ave District and is seeking to demolish it to make way for the development.
Downtown residents say INDOT north-split plan strictly about numbers
Some residents say a newly released Indiana Department of Transportation traffic analysis doesn’t address the issue they’re most concerned about—the quality-of-life impact that interstates 65 and 70 have on their downtown neighborhoods.
Restaurant chain owners in Indiana charged with underpaying taxes
The owners of a chain of restaurants in six Indiana counties have been charged with underreporting more than $8 million in sales, Marion County Prosecutor Terry Curry announced Thursday. The chain includes two restaurants in Marion County and one in Plainfield.
Negotiations leading to $558M Finish Line sale full of surprises
A new regulatory said Sports Direct International Inc., the United Kingdom-based sports-apparel retailer that was rumored for months to be on the verge of buying Indianapolis-based Finish Line, never actually wanted to buy the company.
IUPUI to sharpen identity by building gateways
University officials have identified key entry points around the sprawling campus—two on the east side, two on the west and one to the north—where they want the signage erected.
Memory Bank: Downtown interstates completed in 1976
The Indiana Department of Transportation is making plans now to rebuild the north split and some neighbors are advocating alternatives that could include removing the highways or reducing their footprints.
Not-for-profit RecycleForce aims to build $10 million facility in Indianapolis
An 18-month legal battle continues to linger over RecycleForce as it attempts to begin raising money from donors to fund construction of a 105,000-square-foot building at Sherman Park.
Developer partners with Elwood on $25M residential project on golf course
A developer and the city of Elwood have broken ground on what is expected to be the largest residential development in the community of 8,500 people about 20 miles northeast of Noblesville.
How an Indianapolis family turned Keystone at the Crossing into real estate mecca
The Larmans’ fingerprints are all over Keystone at the Crossing—from The Fashion Mall at Keystone to a recently built $100 million mixed-use development.
Tropical Smoothie Cafe targets Indianapolis for eight eateries
The smoothie and restaurant chain plans to open two stores in Hamilton County in 2019. The franchisee is targeting Carmel and Fishers.
Mall owners, retailers clash over avalanche of online returns
David Simon, CEO of Indianapolis-based Simon Property Group Inc., says a “significant number” of tenants are underreporting sales, costing the nation’s largest mall owner a lot of money.
Celebrity chef’s burger restaurant closes its north-side location
The restaurant, created by Food Network chef Michael Symon, opened in the high-profile Ironworks development in mid-2015.
Local office, industrial markets continue hot streaks in first quarter
Vacancy rates in both sectors continued to shrink in the first quarter as office and industrial tenants consumed more leased space.
Existing-home sales decline in Indianapolis area as inventories plummet
It was the first month sales have fallen since July and only the fourth month they’ve declined on a year-over-year basis in the past 29 months.