Battered Finish Line ripe for takeover
The Finish Line Inc. is highly vulnerable to being acquired, retail analysts say, thanks to a succession of challenges hitting it all at once.
Real Estate
Articles
Law firm plans federal suit on behalf of landowners along rail corridor
Attorneys have started talking to landowners along the Nickel Plate Railroad corridor about their property rights.
Portillo’s files plans for second Indy-area restaurant
After opening a restaurant in Fishers last week to great fanfare and huge crowds, the Chicago-based chain is eyeing a site farther south for its next location.
After overcoming abundance of obstacles, 360 Market Square nears completion
The $120 million building will become yet another signature structure in the new Market East district, a section of downtown that until recently featured a sea of parking lots and ramshackle buildings.
Nine selected to receive Indiana Innovation Awards
The awards recognize individuals and organizations at the cutting edge of innovation in Indiana. This year’s honorees include Mimir Corp., Fuzic Inc., Hillenbrand Inc. and the Children’s Museum of Indianapolis.
Roundup: Retro arcade bar coming downtown; Love Handle relocating to Mass Ave
Ohio-based 16-Bit Bar+Arcade has committed to space in a downtown apartment project under construction, while east-side eatery Love Handle prepares to set up new digs.
Developer’s plan for $20M office building on woodlands rejected
The Metropolitan Development Commission rejected a request from local developer Keystone Realty Group to rezone the site near Keystone at the Crossing to make way for a 60,000-square-foot office and retail building.
Madison County courthouse vacated for asbestos remediation
The employees will be vacating the downtown Anderson building for seven months.
Judge tosses lawsuit by Fogle’s ex-wife against Subway
Boone County Judge Matthew Kincaid dismissed Kathleen McLaughlin's suit Tuesday, citing a "lack of personal jurisdiction."
Developer sets upscale rents for 27-story apartment tower downtown
Although the largest units in 360 Market Square will top out at more than $2,000 a month, the rates compare favorably with other new downtown projects, according to one apartment expert.
Midtown office building undergoes massive interior makeover
The building, once fully occupied by State Auto Insurance, has been revitalized under new ownership and attracted a couple of key tenants.
Noblesville board denies request for downtown bed-and-breakfast
Noblesville resident Mona Whitfield had planned to operate a B&B out of the 95-year-old house at 1135 Conner St. In addition Monday, the Noblesville Board of Zoning Appeals approved a request for an events venue at 206th Street and State Road 19.
UIndy partnering to develop taproom near its campus
The university will help convert the former Shelby Bowl building into a Books & Brews taproom as part of the school’s efforts to attract more development to the area surrounding the south-side campus.
Restaurateur closes Broad Ripple eatery to focus on downtown spot
MoFoCo, formerly known as the Monon Food Co., closed its original Broad Ripple location on Sunday.
No assembly required? Ikea to buy services site TaskRabbit
Furniture retail giant Ikea—which is set to open a massive new store in Fishers on Oct. 11— is making moves so you don’t have to assemble a sofa or bookcase yourself.
Archer’s property could start domino of development on south side of 116th
Since 2014, developers have invested nearly $90 million between three projects on the north side of 116th Street in Fishers. Now, the south side—mostly lined with small, one-story retail buildings and parking lots—could see a similar boom.
Finish Line shares spike on latest takeover report
Shares in Finish Line Inc. surged late Thursday after the New York Post reported the Indianapolis-based retailer was nearing a deal to be acquired by United Kingdom-based Sports Direct International.
Hospital system leases north-side building
St. Vincent Health filed an application Sept. 22 with the state, seeking to remodel 192,327 square feet of the Parkwood West Building, 250 West 96th St., for administrative offices.
Popular Mexican restaurant in Fishers plans second location
Riviera Maya Mexican Cuisine, 8657 E. 116th St., has announced plans to open a second eatery in a highly visible but long-abandoned former restaurant site near 96th Street and Interstate 69.
Changes afoot at Greek dining mainstay
The owners of Santorini Greek Kitchen in Fountain Square are bringing in a management firm so they can fully concentrate on their new downtown banquet facility.