Flaherty & Collins breaks ground on $41M Kansas City project
The Yards will consist of 232 market-rate apartments, ranging from studios to two-bedroom units, and 3,150 square feet of retail space.
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Shopping mall jewelry giant planning to weed out hundreds of stores
Signet Jewelers Ltd., which operates at least 18 stores in the Indianapolis area and thousands nationwide, is betting that a shift online can help pull the company out of a sales slump.
Porkopolis targets local market for first location outside Arizona
A barbecue joint started by an Arizona radio personality from Ohio will make its first venture outside of the Phoenix area when it opens this spring.
Council gives ‘final attempt at negotiation’ for Nora residents opposed to development
Council member Colleen Fanning said the action gives neighbors another chance to have their say in a redevelopment proposal that could affect what’s been deemed Haverstick Woods.
Three developers respond to call for downtown hotel plans
City and tourism officials had requested proposals for a hotel that would rival the 1,004-room JW Marriott and include ballroom space integral to attracting more conventions to the city.
Record shop Irvington Vinyl closing its doors
The record store shares leased space with the bookstore Bookmamas, a separate business that also announced that it plans to close.
Claire’s on verge of bankruptcy, with creditors taking over
Claire’s Stores Inc., the fashion accessories chain where legions of preteens got their ears pierced, is preparing to file for bankruptcy in the coming weeks, according to people with knowledge of the plans.
Toys ‘R’ Us preparing to liquidate U.S. operations, sources say
Toys “R” Us Inc., which has three Indianapolis-area stores, is expected to liquidate its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
Mainstreet nixes ambitious Arizona plan, terminates at least 70 workers
The Carmel-based developer and operator of senior care facilities blamed high start-up costs and a challenging reimbursement environment for decision to pull out of Arizona.
Memory Bank: Mallory factory whirs with activity in 1943
At its height in the 1960s, the P.R. Mallory building on Washington Street had 1,500 workers.
Critics say downtown development group should go
The Hogsett administration and City-County Council are weighing whether to kill a little-known organization that has quietly worked for two decades on the key downtown redevelopments.
Cocktails the pros swear by
Top Indy bartenders didn't don’t merely follow recipes and serve drinks. They savor the complex interplay among ingredients and have strong opinions about what makes a great cocktail.
Banks have returned to commercial real estate in a big way, but regulators urge caution
The segment crashed in the financial crisis that began in 2008, forcing banks to write off billions of dollars in loans. But it’s roared back since, and last year national commercial real estate lending surpassed its 2008 peak.
Downtown office tower BMO Plaza sold in $70M deal
The $70 million price marks a whopping 75 percent increase over the $40 million the previous owners paid to buy the property in early 2016.
Carmel-based Splenda maker to relocate headquarters, add jobs
Heartland Food Products Group said it plans to leave its offices at Clay Terrace for a bigger headquarters within 18 months. The move would allow the firm to add about 130 employees.
Vroom hits brakes on ambitious plans for central Indiana
Online auto retailer Vroom, which planned to hire more than 200 workers in central Indiana, has closed the massive fulfillment center it opened in Whitestown just more than two years ago.
Man, 20, sues Dick’s, Walmart over new gun policies
A 20-year-old man filed lawsuits Monday claiming Dick's Sporting Goods and Walmart discriminated against him when they refused to sell him a rifle because of his age.
Ownership changes ahead for Corner Wine Bar
The restaurant and watering hole has been a Broad Ripple fixture since its opening in 1982. Its current owners say Wednesday will be the final day of operation on their watch.
Indiana lawmakers back limits on short-term rental rules
Legislation limiting regulation of short-term rentals by local governments has been approved by Indiana lawmakers and is on its way to Gov. Eric Holcomb's desk.
Buyers of east-side relic proposing $30M redevelopment for schools
The long-vacant P.R. Mallory building on East Washington Street is closer to becoming occupied, after plans to bring the Purdue Polytechnic High School there stalled over higher-than-expected renovation costs.