Officials taking next step in formulating White River development plan
The City of Indianapolis and Hamilton County Tourism are asking interested development teams to submit their credentials for the project.
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Merrillville’s Star Plaza Theatre once again awaiting wrecking ball
White Lodging announced last August that it would tear down the Star Plaza Theatre in Merrillville, only to temporarily drop those plans in November following a public outcry.
British retailer boosts Finish Line stake to nearly 20 percent
Sports Direct International now controls nearly 8 million Finish Line shares worth about $107 million, raising speculation about a possible takeover of the Indianapolis-based retailer.
Novel layout complicated effort to find Marsh buyers for some stores
Rather than featuring long, tall aisles like traditional groceries, the new-format stores featured a courtyard in the center with a dozen “boutiques” around the perimeter, each selling a certain category of goods.
Land trust closes majority of deal to preserve property along White River
The Central Indiana Land Trust says it has raised $2.2 million of the $2.7 million it needs to establish White River Bluffs and preserve 12.2 wooded acres along the White River in Indianapolis.
DINING: Fountain Square restaurant scene adds a Sidekick
While nothing we tasted defined Sidekick’s as a destination pizza shop, we did find offerings that make it a welcome addition to the Fountain Square lineup.
Residential Real Estate: Marketplace for June 26, 2017
The number of active listings in the metro area has inched up—but not nearly enough to eliminate the seller’s market that now exists.
St. Clair Place neighborhood aims to mix it up
Most of the homes not-for-profit NEAR develops in the area are priced below market and sold to lower-income buyers. But it has constructed a handful of houses aimed at market-rate buyers, demonstrating the faith it and other builders have in the neighborhood.
HOME TOUR: Creating a ‘mini Europe’ in Carmel
Jane and Terry Fleck wanted to create a respite with Old World charm and a formal garden.
City pores over more designs for mammoth Bottleworks project on Mass Ave
Historic preservation officials examined plans on Wednesday for an eight-story office building and the pie-slice-shaped face for the project, in preparation of a major meeting in July.
Round barns becoming more rare in Indiana
According to the Indiana Department of Natural Resources, there used to be 219 round and polygonal barns in the state—three times as many as remain standing today.
City set to solicit new ideas from developers for Old City Hall property
The city of Indianapolis is going back to the drawing board in its quest to redevelop Old City Hall after a proposal to turn the historic downtown property into a 21c hotel fell apart.
Indiana restaurant owners sentenced for underreporting $1.8M in sales
Two central Indiana restaurant owners have been sentenced to home detention and ordered to make restitution for failing to collect and remit sales taxes, Marion County Prosecutor Terry Curry announced Monday.
Hancock County leaders sketch out, crunch scenarios on key corridor
A six-month-long study of development scenarios along a 10-mile stretch of Mount Comfort Road is feeding local leaders with data on potential projects and helping guide land-use decisions.
Kroger takes $7B hit as Amazon deal compounds recent struggles
The biggest U.S. supermarket chain lost more than $7 billion in market value combined on Thursday and Friday, the biggest two-day loss for the company since December 1999.
City to consider $15.2M in bonds for downtown projects
The bonds would help finance development of a hotel complex on the site of Indianapolis’ oldest African-American church, as well as a five-story apartment and retail project near the base of Massachusetts Avenue.
Indy Fuel owners, developer propose $40M sports, entertainment complex
The owners of the Indy Fuel professional hockey team and Indianapolis-based developer Gershman Partners announced plans Monday to team up on a $40 million-plus sports, family entertainment and hospitality complex on 60 acres along Interstate 65 in Greenwood.
Suit alleging Kroger stores didn’t collect sales tax reverts to state court
A lawsuit alleging Kroger stores in Indiana have for years knowingly failed to collect and remit state sales tax on hundreds of non-exempt food items and other goods will be heard in state court after a judge denied the grocers’ bid to transfer the suit to federal court.
Grocery, retail stocks plunge on Amazon-Whole Foods deal
Investors worry that Amazon, which has wreaked havoc on department stores and other brick-and-mortar retailers, will do the same thing with groceries.
UPDATE: Amazon to acquire Whole Foods in $13.7B deal
Amazon.com Inc. plans to buy Whole Foods Market Inc. in the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries.