Work begins on $30M cold-storage warehouse in Anderson
The facility off Interstate 69 is expected to create 60 jobs by the end of next year and possibly 200 over the next decade.
The facility off Interstate 69 is expected to create 60 jobs by the end of next year and possibly 200 over the next decade.
The local hotelier is tweaking the design of the project, which will feature two major lodging brands and incorporate a historic African-American church.
The special payout will cost the company more than $302 million.
Construction is under way on two buildings totaling 500,000 square feet in the Metro Air Business Park in Plainfield and should be completed next spring.
The effort, launched in late 2014, aims to mix private-sector investments with federal tax money to spark residential and commercial activity in five targeted Indianapolis neighborhoods.
Area home sales have risen on a year-over-year basis in 21 of the last 24 months.
The Carmel Christkindlmarkt and Ice at Center Green attracted 48,000 visitors during the first five days they were open, the city said. And market sales were “robust,” organizers said.
Roark Capital is likely to focus first on improving Buffalo Wild Wings’ food and operations, which should be easy fixes for a firm that experienced in the restaurant industry, an analyst said.
The owners of the Fountain Square institution are back to handling daily operations, after turning management over to an outside company in September.
In a partnership with the Indianapolis-Marion County Forensic Services Agency, UIndy criminal justice students will be able to comb through mock crime scenes in a realistic setting.
More people are picking up their phones to shop on Cyber Monday: Web traffic from mobile devices, including tablets, was expected to top desktop computers for the first time this year.
Two children of late heart surgeon and developer John N. Pittman have accused brother Steve Pittman of wrongly taking funds from a family-owned entity to invest in one of his projects. Their lawsuit is one of several proceedings filed over family assets.
When David Andrichik bought the Chatterbox in 1982, it sat on a street pocked with second-floor sleeping rooms and grungy storefront businesses.
The National Retail Federation is projecting holiday retail sales will increase 4 percent over last year, to $682 billion, on stronger employment and rising incomes.
The North Carolina-based chain signed on as the anchor tenant to a key $42 million apartment and retail project in July 2014.
The local developer has a solution to a problem that vexed the building’s previous owner. It includes converting four floors to an unusual use.
The 88-year-old, seven-story Wyndham is available for occupancy after owner the Pearl Cos. bought the building and tore the interior down to its studs.
Permit filings are up 6 percent so far this year in the nine-county area compared with the first 10 months of 2016.
Growth in the technology industry has become a big driver of activity in the local commercial real estate market, according to a new report by CBRE, which ranked Indianapolis fourth for tech-job increases among U.S. cities.
A group representing the unsecured creditors of HHGregg has filed suit against Andretti Autosport in an attempt to claw back nearly $1.5 million in sponsorship money the now-defunct retailer paid the racing team in the months leading up to its bankruptcy.