Mass Ave brunch spot abruptly closes
A staple of the cultural district’s dining scene has closed following the introduction of a new operator.
Real Estate
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Area home sales barely rise amid fewer choices, rising prices
Existing-home sales in central Indiana ticked up only slightly in December as inventories continued to shrink and price tags remained on the rise.
Downtown microbrewery files for Chapter 11 to avoid eviction
Tow Yard Brewing made the move to reorganize its assets before its current lease ends and the owner of the building seeks another tenant for the space.
Bids for East 16th Street site propose range of residential options
Five bidders have different visions for how to develop the site that Indianapolis Public Schools wants to sell along the suddenly hot corridor.
Wanted: Headquarters for prime Monument Circle spot
One of the most prominent office buildings downtown has become available for lease and is expected to generate plenty of interest from prospective tenants coveting a prized Monument Circle address.
Finish Line stock up, but underlying challenges remain
Deep discounting has become rampant in the athletic shoe and apparel industry—a reality that's weighing on the results of the Indianapolis-based chain.
Update: Urban Eats, Nook opening in early February; governor to visit Tim Hortons
Gov. Eric Holcomb will drop in at Tim Hortons for Wednesday’s grand opening of the Canadian-based coffee and doughnut chain’s first Indianapolis-area location.
Two local stores on Toys ‘R’ Us bankruptcy closure list
The world’s largest toy chain is planning to close about 180 Toys “R” Us and Babies “R” Us stores nationally as part of a reorganization plan to emerge from its September bankruptcy, according to a court filing.
Sun King plans specialty brewery, taproom at Yard in Fishers
Sun King Brewing Co. has downsized a previous plan to build a major brewery and tasting room in Fishers. It instead plans to open a smaller facility at The Yard at Fishers District that includes culinary incubator space for the overall development.
Fast-growing church on south side undertaking $6M Franklin expansion
Founded in 1977, Emmanuel Church is working on its second new place of worship in five years to help serve its growing congregation.
Judge: Developer can proceed with residential-retail project in Chatham Arch
A Marion Superior Court judge has ruled in favor of a North Carolina developer, after a neighborhood resident challenged his plans to build the project.
Indiana Senate approves carryout Sunday alcohol sales bill
The bill now moves to the House, which is expected to vote soon on its own Sunday sales proposal with similar terms.
Judge blocks big Chatham Arch housing-retail project over zoning issue
A Marion Superior Court judge has ruled in favor of a neighborhood resident, who fought the Indianapolis Historic Preservation Commission’s decision to give the project the green light.
Indianapolis-area home builders have busiest year in a decade
Area home builders in the nine-county area experienced their sixth straight year of rising sales.
Anthem to leave Monument Circle HQ, move top execs to Virginia Avenue
Anthem decided not to renew its lease on the former J.C. Penney department store, which was refurbished for the insurance giant in the 1990s.
Indy a top spot for Amazon HQ2 if home prices guide its choice
If Amazon wants to locate its HQ2 in the most-affordable spot for housing, there’s an obvious choice: Pittsburgh. But Philadelphia and Indianapolis aren't far behind.
Hogsett says Amazon bid focuses more on quality of life than sites, incentives
The mayor also told IBJ that the city is “prepared to look at anything and everything” that would help it secure Amazon’s planned second U.S. headquarters—as long as any action is fiscally prudent.
Tim Hortons’ expansion into Indy market ramping up with 5 locations
The company bringing the Canadian coffee-and-doughnut chain to central Indiana has revealed the sites of the four other restaurants, besides the one in Avon opening later this month.
Indianapolis among 20 finalists for new Amazon headquarters
Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected to cost more than $5 billion and create 50,000 jobs.
Last remaining buildings on east-side RCA site set to come down
The structures should be demolished by summer, clearing the way for redevelopment of the massive site now known as Sherman Park.