Projects spur renaissance of North Mass, once considered eyesore of city’s past
In the past decade, the area has grown into one of the region’s hot spots, in part because a handful of developers is embracing the area’s industrial roots.
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Green District to exit central Indiana with closure of two salad restaurants
Green District, a salad restaurant concept founded in Louisville, has opened and closed five restaurants in central Indiana from 2019 to 2023.
Lafayette Square Mall owner delays reopening, developing much bigger plan
Sojos Capital principal Fabio de la Cruz—who introduced an ambitious $200 million project for the northwest-side property in November 2021—said the new master plan will require much more investment and involve multiple development partners.
Round of closures claims two suburban O’Charley’s locations
Nation’s Restaurant News reported Tuesday that Nashville-based O’Charley’s decided this month to close 18 underperforming restaurants. Among them were two in the Indianapolis area.
Ground broken on major overhaul for Indiana Law Enforcement Academy
The Indiana Law Enforcement Academy improvements are part of a string of capital projects prioritized by Holcomb in recent budget sessions at the Statehouse.
Indianapolis Housing Agency commits to ‘rectify’ living conditions at apartment complex
According to Attorney General Todd Rokita’s office, at least 40 renters filed complaints earlier this year about deteriorating conditions at Lugar Tower Apartments, including a lack of security, fecal matter in stairwells and pest infestations.
Central Indiana existing-home sales fall for 18th straight month
The amount of time homes are spending on the market in the Indianapolis area has almost doubled compared with a year ago, but median sales prices are still on the rise.
Developers plan affordability-minded $25M apartments along Monon Trail
The development partners, operating as DJ BCG Monon 22 LLC, have the land under contract from the Indianapolis Neighborhood Housing Partnership, which acquired the site in February 2022 for $2.25 million.
Average long-term U.S. mortgage rate climbs to highest level since 2002
Rates have risen for the pst four weeks, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
Studio Movie Grill abruptly closes after 10-year run on north side of Indy
The 57,000-square-foot venue opened in October 2013 and featured 13 auditorium theaters with dine-in service and a full bar.
NXG Youth Motorsports planning to buy site at Central State for new headquarters
A local motorsports not-for-profit plans to acquire more than two acres at the former Central State Hospital campus on the west side of Indianapolis with a goal of converting the property into a new multi-building headquarters.
Noble Roman’s CEO to remain on company’s board for now
A major shareholder of the Indianapolis-based company had been attempting to get its own CEO elected to the board instead.
Upscale steakhouse chain planning downtown Indy entry
Houston-based Landry’s Inc. plans to open a Del Frisco’s Double Eagle Steak House in a space in downtown’s core that has housed several upscale eateries.
‘Good Bones’ series to end after new season, co-star announces
The eighth and final season of Indianapolis-based home renovation series “Good Bones” is scheduled to debut Aug. 15 on HGTV.
Gray Eagle Golf Course planning two-level driving range with 160-foot-tall net
Plans call for the nets at Gray Eagle’s 38-acre driving range to be almost as tall as those used by TopGolf at its Fishers facility along Interstate 69. Gray Eagle also plans to build a 5,000-square-foot bar and restaurant inside a new clubhouse.
Purdue board OKs new $12M airport terminal, 900-bed residence hall
Rob Wynkoop, vice president of auxiliary services at Purdue, said the university has been actively exploring the return of commercial air service to the airport.
Momentum builds to turn dormant far-east-side high school into services hub
The Indianapolis Department of Metropolitan Development has started soliciting ideas for what could be done with the site of the former John Marshall High School, which it purchased from Indianapolis Public Schools for $725,000 last month.
Out-of-state coffee shops pour into Indy
Time will tell whether Hoosier hospitality is reciprocated to a wave of coffee retailers that built customer bases in other states before setting up shop here.
Noble Roman’s faces investor lawsuit in ongoing proxy war
Indianapolis-based Noble Roman’s Inc., which is battling one of its biggest shareholders over whether to replace CEO Scott Mobley on the restaurant company’s board of directors, is now facing a lawsuit from that shareholder over the same issue.
City, CIB break ground on $800M hotel, convention center expansion
The ceremony follows months of construction work beneath the plaza to stabilize certain structures, like Pan Am Tower, and prepare the site for a three-year buildout.