Crackers comedy club in Broad Ripple closes doors
The club, which opened in 1982, no longer is hosting comedy acts, although the downtown location remains open.
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Simon tops quarterly expectations, raises full-year guidance
Shares in the Indianapolis-based shopping mall owner slid Friday morning despite a mostly positive quarterly financial report. A negative quarterly report from J.C. Penney was the likely factor.
Bloomington set to open more sites to adult businesses
City officials say the new regulations would allow adult businesses in about 4 percent of Bloomington.
Kite Realty sees quarterly decline in revenue, earnings
The Indianapolis-based real estate investment trust met expectations of analysts with its third-quarter performance.
Carmel closet designer to use VR to help customers envision spaces
The VR system will allow customers to use an Oculus Rift headset to virtually explore a closet or other space designed specifically for them.
Parapet atop apartment tower generating debate about finished product
Some onlookers have noticed a difference between renderings for 360 Market Square and what’s being built atop the apartment tower. It turns out the developer has switched a prominent material.
Walgreens to close 600 stores as part of Rite Aid deal
Walgreens has more than 50 stores in the Indianapolis area. Rite-Aid operates 10 stores in Indiana, but none in the Indianapolis area.
Duke Realty sees third-quarter rise in revenue, earnings
Duke Realty Corp. slightly exceeded analyst expectations on one financial performance measure in the third quarter while barely missing on another.
Wi-Fi-enabled devices automate more houses
Smart-home products are poised to become a $60 billion global industry, according to research firm MarketsandMarkets. Yet consumers need spend only a few hundred dollars on each item to make their lives more automated.
IU’s first couple act as ‘stewards’ of presidential home
IU President Michael McRobbie and his wife, Laurie Burns McRobbie, don’t live at Bryan House but it’s still a busy place.
Equicor developing Reagan Park extension
Equicor Real Estate LLC’s plans call for 165 single-family homes to be constructed by CalAtlantic Homes of Indiana, as well as 98 senior apartments and 40 assisted-living units.
Roundup: Distillery debuting near East 16th; BurgerFuel revving up for Mass Ave
West Fork Whiskey looks to complement Cannonball Brewing on Bellefontaine, and the New Zealand burger joint nails down its second Indy locale. Plus, pancakes in Irvington.
Residential Real Estate: Marketplace for October 30, 2017
The housing market remains strong—and sales could surpass last year’s record—despite the low inventory of homes for sale, says F.C. Tucker President Jim Litten.
Lumber Liquidators plans $36M settlement in flooring cases
Lumber Liquidators, which has three stores in the Indianapolis area, has agreed to resolve claims brought on behalf of people who bought laminate flooring reported to contain unsafe levels of formaldehyde.
Central Indiana homes sales tick up amid tight inventories
The total number of active central Indiana home listings dropped 12.9 percent, from 11,013 a year ago to 9,589 at the end of last month.
Buyer’s restoration of Saddlebrook Golf Course under way
Neighbors who raised $250,000 to help save the northwest-side course are set to gather early next month to celebrate the progress on the course.
Sears stops selling Whirlpool, ending 100-year partnership
The struggling national retailer will no longer carry Whirlpool brands, including Maytag, KitchenAid and Jenn-Air, following a pricing disagreement.
Amazon says it received 238 proposals for 2nd headquarters
Only seven states did not submit proposals to Amazon, seeking to be home of the company’s second headquarters.
Lucases plan to keep hosting parties, despite Carmel zoning decision
In September, the Carmel Board of Zoning Appeals denied a variance request from Forrest and Charlotte Lucas to allow for large gatherings on their massive West 116th Street estate. That decision hasn’t stopped the parties.
Indiana’s unemployment rate jumps to 3.8 percent
Indiana’s unemployment rate jumped three-tenths of a percentage point for the second month in a row in September.