Angie’s List becomes largest tenant in renovated downtown building
As part of its local downsizing, Angie’s List has signed a lease to occupy four floors of a historic downtown building, becoming the largest tenant in the 12-story office tower.
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Developer lands tax credits to help save historic church
The local developer has been awarded nearly $900,000 in incentives for a senior housing project in Cumberland that will be built near the church, which was once slated for demolition.
Planned movies-and-bowling venue won’t open in Carmel after all
Kite Realty Group Trust’s plan to bring a movies-and-bowling entertainment venue to help fill big vacancies at Hamilton Crossing Centre appears to have fallen through. In 2016 Kite was moving forward with plans to bring a Frank Theatres CineBowl & Grille to Hamilton Crossing, a Carmel retail development that sits east of U.S. 31 along […]
Construction tech-services firm expanding HQ, adding 56 workers
Indianapolis-based Earthwave Technologies Inc. is doubling the size of offices on the city’s northwest side.
Memory Bank: Looking up Indiana Avenue
This photograph from the 1940s shows a view of Indiana Avenue looking northwest from Ohio Street, with Sacks Bros. Loans to the left and a Firestone service station to the right. At that time, Indiana Avenue ended at Ohio Street. But the street was shortened by one block in 1982 for construction of what was […]
Walmart sets age of 21 to buy firearms, ammunition
The move comes after Dick’s Sporting Goods announced earlier in the day that it would restrict the sale of firearms to those under 21 years old.
Best Buy to close its small-format mobile phone stores
The consumer electronics retailer is shutting down 250 small-format mobile phone stores in the United States, including two in the Indianapolis area.
Biglari works his critics into an uproar—again
Sardar Biglari might talk a good game about being a champion of shareholders, but his biggest critics view him as a hypocrite—thanks to a series of moves that furthered his control over the business, the latest of which has spurred one lawsuit and seems sure to spark others.
$15.3M Walker Theatre rehab to return shine to community gem
A three-way partnership substantially brightens the future of the venue, which has offered minimal programming in recent years and badly needs upgrades.
Flaherty & Collins plotting $75M project in Cleveland
Flaherty & Collins, which is wrapping up its $120 million 360 Market Square apartment project in Indianapolis, has reached a development agreement for a $75 million mixed-use project in the Cleveland suburb of Cleveland Heights.
Dick’s ending sales of assault-style rifles in stores
Dick's Sporting Goods, a major U.S. retailer with eight stores in the Indianapolis area, said it will immediately halt sales of assault-style rifles and high-capacity magazines at all stores and ban the sale of all guns to anyone under 21.
Starbucks says empty storefronts are leading to lower rents
Starbucks Corp. Chairman Howard Schultz said he sees a blessing in all the retail vacancies across the United States—landlords are beginning to reduce rents.
Papa John’s to end NFL deal as new CEO confronts sluggish sales
The NFL partnership has been strained since Papa John’s founder John Schnatter slammed the league in November, saying that declining ratings had hurt sales. He also said that Commissioner Roger Goodell mishandled the national anthem controversy.
Macy’s breaks out of slump with better-than-expected holiday sales
The department store chain, which has three stores in the Indianapolis area, reported a healthy sales gain for the holiday period as it benefited from an improving economy and its own initiatives, like an overhauled customer loyalty program.
U.S. consumer confidence rises to highest level since 2000
Tax cuts passed into law last year are starting to show up in workers' paychecks, boosting confidence in the economy to its highest level in more than 17 years.
Developer plans $9.5M town house project near old Milano Inn site
Onyx+East is buying a one-acre lot off of South College Avenue and plans to build eight buildings containing 35 residential units.
Major office project with grocery store proposed for 16th and Capitol
A local ownership group has filed plans to construct a 250,000-square-foot office building with a 40,000-square-foot grocery store, in addition to a parking garage and smaller office building.
Brown closes Mass Ave eatery, plans new restaurant project with Oesterle
One day after shutting down his upscale southern European eatery in the Mass Ave district, local restaurateur and chef Neal Brown disclosed he was moving on to an even bigger project in partnership with former Angie’s List CEO Bill Oesterle.
After contamination hiatus, Blue Bell ice cream returning to Indiana
The iconic Texas-based brand has been unavailable locally since 2015, when the company recalled all of its products nationwide to deal with a listeria outbreak. In addition to reappearing in stores, Blue Bell is reopening a distribution center in Indianapolis.
Community theater group losing Clay Terrace performance venue
The group has been putting on plays at a space in Carmel’s Clay Terrace shopping center for more than eight years, thanks in large part to the largesse of the landlord. Now it needs to find a new home.