Pizza restaurant in Carmel closing; owners blame traffic woes
The owners of a 16-year-old pizza and sandwich eatery in Carmel say the massive U.S. 31 reconstruction project “gutted” their business, leaving them with no choice but to close.
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Irvington marketing firm buys building, prepares to exit lodge
The firm is rehabbing a commercial building in Irvington that’s been vacant for 30 years and saying goodbye to its longtime, idiosyncratic corporate home.
Indianapolis naming new downtown plaza after Lugar
Former Mayor Richard Lugar joined current Mayor Joe Hogsett and former mayors Steve Goldsmith, Bart Peterson and Greg Ballard for Monday's announcement.
Former MLB player plans $6M training facility at Grand Park
The 65,000-square-foot-plus facility for Pro X Athlete Development would feature 44,000 square feet of open turf, full-length batting cages, weight room and golf simulators.
Brookfield bids $14.8B to acquire rest of Simon mall rival GGP
GGP, formerly known as General Growth Properties, is the second-largest shopping mall company behind Indianapolis-based Simon Property Group. Simon tried to acquire GGP in 2010.
Keystone at the Crossing restaurant closes after 22-year run
The high-end, sports-centric bar and eatery shut its doors on Sunday, but its downtown location at Circle Centre mall remains open.
Indianapolis firm lands $3.5M-plus hospital demolition project
Eighteen companies tried to land the contract for demolition of the former Reid Hospital facility.
Habitat for Humanity plans 84-acre neighborhood
A Habitat for Humanity group is planning to build possibly hundreds of homes on an 84-acre site in Bloomington.
Two groups make deal on Sunday booze sales
Two powerful lobbying groups say they have resolved differences that previously led state lawmakers to give up on efforts to overturn the Prohibition-era Sunday carryout sales ban.
Giordano’s hopes to delve deeper into Indy with third location
The pizza purveyor’s move to establish a south-side location mirrors the plans of Portillo’s, another Chicagoland staple that recently entered the Indianapolis market with a north-side restaurant.
Developers propose $113M commercial project near I-65 in Whitestown
Plans from the two Indianapolis-area firms call for more than 2 million square feet of space in a development encompassing 170 acres.
One Fountain Square apartment project opening, another progressing
The five-story Forte on Shelby Street is set to welcome its first tenants next month, while the developer of a similar project five blocks east prepares to get under way.
Panera Bread acquiring Au Bon Pain as founder steps down
Panera Bread founder Ron Shaich is stepping down as CEO and the company is buying Au Bon Pain—bringing together two chains the executive helped build.
Former AIT Labs owner faces $4.4M suit over HQ building
The once-booming toxicology business struggled for years under declining revenue and huge debts before being acquired last year by a Texas private equity firm. Its Park Fletcher headquarters building remains empty.
East-side housing project part of city’s effort to retain teachers
Teachers’ Village in the St. Clair Place neighborhood will consist of 21 new or rehabbed houses priced below market, with the help of about $3.1 million in subsidies.
Sun King adding sausage-centric restaurant to downtown brewery
Oca, which opens Friday, is operated by a familiar name and will feature a variety of house-made game, vegetarian and seafood sausages.
Influential preservationist Baker stepping down from city
Over three decades, David Baker’s purview has grown to 12 historic districts, five conservation districts and many individual landmark properties.
Steak n Shake suffers first quarterly loss since last decade
Third-quarter revenue and customer traffic also declined for the Indianapolis-based restaurant chain.
Former Angie’s List CEO seeks to buy company’s HQ campus
Bill Oesterle has assembled a group of local heavy hitters in hopes of purchasing the 17.5-acre site east of downtown, now that ANGI Homeservices Inc. has put it up for sale.
Indiana, 34 other states back bid to collect online sales taxes
South Dakota is asking the U.S. Supreme Court to review whether retailers can be required to collect sales taxes in states where they lack a physical presence. The case could have national implications for e-commerce.