Washington Square owner owes more than $600,000 in property taxes
The far-east side shopping center appears on the list of delinquent properties for Marion County’s next tax sale.
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Amazon, in another sign of growth, holds job fair to hire 40,000-plus
About 1,500 of those hirings are expected to take place at the company's Whitestown facility, northwest of Indianapolis.
Five Seasons sports club in Carmel to close in September
Company officials say the closure will be permanent and cost 84 employees their jobs. The decision comes a year after the owner of the club filed a request to rezone the property to allow for possible redevelopment.
Developer of $37M downtown apartment project seeks new construction schedule
Investment Property Advisors needs the adjustment to still qualify for a property-tax abatement tied to a second phase to its 9 on Canal apartment project.
Northeast-side apartment complex fetches $30.2 million
A Nashville, Tennessee-based company has acquired the 398-unit complex in Castleton and plans to invest $4.7 million in the property.
Simon Property tops quarterly estimates, raises full-year guidance
Shares in the Indianapolis-based mall owner rose in early-morning trading Tuesday after the company increased its quarterly dividend and its full-year guidance for 2017.
Changes coming to second floor of Salesforce Tower
Downtown Indy will move down from the 19th floor to take a portion of the space while the rest will be converted into a tenant lobby, featuring a bar and putting green.
Fort Harrison officials finish $3 million street extension
The Fort Harrison Reuse Authority on Monday opened a $3 million expansion of Otis Avenue that officials hope will attract more development to the former Fort Benjamin Harrison military base.
Former Estridge Homes controller sentenced to 21 months in prison
Thomas Carter of Fishers had pleaded guilty to diverting more than $340,000 of company money into his own bank accounts.
Safeway stores get fix-up under new owners
Local grocery chain Safeway, hatched during World War II, has outlasted other homegrown competitors at a time large nationals are increasing their market share.
Starbucks to close all Teavana stores as sales disappoint
Four of Teavana’s 379 locations—which will all shut down over the coming year—are in Indianapolis-area malls.
DINING: Revamped Fall Creek Place restaurant shifts emphasis to late-day breakfast
The interior of 22nd St. Diner holds no spinning-stool counter or revolving dessert display, and while there is an emphasis on breakfast foods, they don’t come in the standard diner shapes and sizes.
Vaping industry takes off after monopoly removed
Indiana’s once-struggling vaping industry is expanding again now that a new state law has eliminated a monopoly that strangled manufacturers’ ability to sell their products here.
Roundup: Broad Ripple T-shirt shop adding Carmel store; Stompin Barley opens
Plus: New places for chicken and popcorn downtown, another Stacked Pickle location, and an expansion by Biscuits Cafe.
Kite sees profit, revenue growth on improving occupancies
Kite Realty Group Trust on Wednesday reported second-quarter financial results that topped Wall Street expectations.
Duke Realty tops analyst predictions with quarterly results
The Indianapolis-based real estate company exceeded expectations in a key financial category and posted huge earnings thanks to the sale of its medical office business.
Area home sales increase amid rising prices, lower inventory
Sales have risen on a year-over-year basis in 18 of the last 20 months.
Local apartment complex sells for state record $90.6 million
The second-largest apartment property in Indianapolis has traded hands for more than twice as much as it sold for just eight years ago.
Sports retailer stocks fall as Hibbett posts gloomy outlook
Hibbett, a sporting goods chain with more than 1,000 stores, including several in the Indianapolis area, announced bad news Monday morning. Shares of its competitors, such as Indianapolis-based Finish Line Inc., also fell.
Distillery opening tasting room, eatery in newly vibrant East 16th Street area
West Fork Whiskey will move from the northwest side and expand from a production facility to offer whiskey by the glass, plus dining, a bar and a lounge.