Owner of esteemed golf course proposes ditching links, building mixed-use project
Redeveloping the Zionsville course—consistently ranked among the best in the country—could include 360 single-family homes and 200 multi-family housing units.
Real Estate
Articles
City agrees to pay $4.2M for land to build justice center
The city of Indianapolis has taken a major step toward building the $572 million criminal justice center in Twin-Aire neighborhood where the Citizens Energy coke plant once stood.
Residents object to third development plan near Westfield golf club
Westfield residents want to keep the city’s only public golf course open, but so far, any project that could do so hasn’t been able to tee off.
Retailers eye merriest Christmas since recession as sales surge
The Commerce Department reported better-than-expected U.S. retail sales for November and revised its October figures upward, bringing a fresh wave of optimism to a long-embattled industry.
San Francisco firm converting historic downtown office building into hotel
The 109-year-old building—once the tallest structure in Indianapolis—is slated for a transformation into a 130-room hotel expected to open in early 2020.
‘Premier restaurant’ envisioned to anchor $81.4M hotel across from fieldhouse
The 316-room, dual-brand hotel building is expected to be finished in April 2019, about two years before the city hosts the NBA All-Star Game.
Culinary complex in Fishers reveals first two tenants
A local restaurateur with a long track record in red meat and high-end dining is planning both a casual eatery and throwback watering hole at The Yard at Fishers District.
Pie Five closes near Monument Circle, making way for burger chain
The fast-fire pizza chain on Saturday shut its doors, but it won’t be long before another fast-casual option opens in the same high-visibility location.
Indianapolis real estate attorney Karl Haas dies at 57
Attorney Karl Haas worked on some of the Indianapolis area’s biggest real estate projects over past last three decades.
Construction set to begin on $17M downtown hotel
The project has been in the works for two years. A ceremonial groundbreaking is set for Wednesday at the site, two blocks east of Lucas Oil Stadium.
Three-story building to rise on hot East 16th Street corridor
Mainstay Property Group has won approval to construct the office and retail project as the street’s commercial revival kicks into high gear.
Longtime Mass Ave tavern closing, with Cunningham in wings
The second-oldest bar in Indianapolis will soon close its doors, clearing the way for one of the city’s most dynamic restaurateurs to take over the space.
Local restaurateur taking over Cerulean space at high-end hotel
The group behind some of the city’s hottest eateries of the last decade plans to open a “coastal Italian” concept in the space that Cerulean is vacating at the end of the month.
Couple who pitched Westfield baseball center bristle over potential deal with mayor’s nephew
Sue and Chris Estep, owners of RoundTripper Baseball Academy in Westfield, say they met with Mayor Andy Cook to discuss the possibility of relocating to Grand Park.
Economy is good, but many restaurants closed in 2017
When downtown’s upscale Cerulean stops serving on Dec. 31, it will mark the end of a brutal year for the local restaurant industry marked by an unusually high number of closings.
All eyes on Anthem after CVS megadeal
Pressure is building on the insurer to drop its conservative, bread-and-butter approach after one of its biggest rivals, Aetna Inc., agreed to be bought by drugstore chain CVS Health for $69 billion.
Auto industry bracing for slight sales declines this year and next
Following seven years of growth in new-vehicle sales, U.S. consumers appear to be tapping the brakes—but the auto industry says the slowdown is not causing them concern.
Known for malls, Simon turns to apartments, hotels
The company said it hasn’t lost faith in brick-and-mortar retail but now is broadening its development focus in a quest to continue increasing the value of its real estate holdings.
Roundup: Crispy Bird taking flight, Japanese-inspired Blue Sushi and Ukiyo to follow
Martha Hoover’s latest creation, a Southern-style fried-chicken joint, begins serving Thursday, while the new eatery from local tastemaker Neal Brown prepares for a January debut.
Serial entrepreneurs opening low-key, eclectic nightspot on Mass Ave
The longtime collaborators responsible for Wild Beaver Saloon are melding live performance with a love of facial hair in the three-story Burnside Inn.