UIndy launches master’s degree for real estate development
The program is believed to the first of its kind in the Midwest, providing graduate-level classes on financial, management and development skills.
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Gander Mountain liquidating inventory, but not closing every store
The CEO of the retail chain’s new parent company said Sunday that he plans to keep 70 to 75 Gander Mountain stores open, including two or possibly three stores in the Indianapolis area.
Proposed zoning along U.S. 31 in Carmel would allow residential, more retail
The city is considering eliminating the highway’s Corridor Overlay, which prohibits residential use and restricts retail, parking, and building locations and sizes.
Marsh Supermarkets closing nine more stores this month
The latest announced closings, seven of which are in the Indianapolis area, bring the total number of Marsh grocery stores that are set to shut their doors this month to 19.
Contentious Chatham Arch condo project wins approval from city commission
The 66-unit development that would encompass an entire block between East Street and Park Avenue in the neighborhood had been sent back to the drawing board several times.
Creator of Bru, Union 50 to open two new restaurants in Ironworks hotel
The restaurateur who helped transform the Mass Ave culinary scene plans to branch out with original concepts Rize and Provision this fall in the hotel near Keystone at the Crossing.
Roundup: The latest on Tilted Kilt, Red the Steakhouse, more
A downtown restaurant and bar known for its scantily clad servers has closed, but a new steakhouse and taco joint are getting set to open.
Ambrose’s $550M proposal chosen to revamp GM stamping plant site
The local developer’s plan for the problematic downtown property calls for 2.7 million square feet of development, including 250 apartments in the first phase, office and retail space, a hotel and public green space.
Grocery closures create growing food deserts in Anderson
As grocery stores continue to close throughout the city, residents who don’t have reliable access to transportation have seen their options for local groceries continue to dwindle.
Butler set to start work on $49M School of Business building
Construction on the four-story structure should start next month and will continue a campus transformation featuring more than $220 million in projects.
With loss of pharmacies, Marsh can no longer sell hard liquor
State law prohibits grocery stores without pharmacies from selling spirits, prompting Marsh to offer big discounts on its inventory.
Two Indianapolis properties make ‘Most Endangered’ list
Two sites in Indianapolis have been named to Indiana Landmarks' annual top 10 list of “Most Endangered” properties. The not-for-profit preservation group released its list Monday.
Duke Realty selling medical office business for $2.8B
The massive deal—which includes 6.6 million square feet of space spread across 71 buildings that are in operation and five that are under construction—will leave Duke as solely an industrial real estate company.
Holcomb faces deadline on divisive energy, alcohol bills
Thus far, the Indiana governor has refused to detail any action he may take, saying he was “still reviewing” them and “looking at every angle.”
Marsh Supermarkets closing all in-store pharmacies
The struggling grocery chain told employees Friday morning that it plans to discontinue pharmacy operations and has sold customer prescription files to a national drug store chain.
Tim Hortons selects site for second area restaurant
Plans for another Indianapolis-area location follow a filing from earlier this month that says the Canadian-based coffee and doughnut chain will build on the west side.
$135M CityWay expansion stokes apartment boom
Construction on the second phase of CityWay is expected to begin in early June, further transforming downtown by adding 400 more rentals to the already booming apartment market.
Owners lavish more than love on pets—and businesses respond
U.S. spending on pets has increased every year since at least 1994, with the largest boost—nearly 11 percent—occurring last year.
Greenwood mayor leads push to turn downtown into residential, retail hub
Mayor Mark Myers, a second-term Republican, hopes to take a page from the playbooks of Carmel and Fishers, which have drawn more residents downtown by creating a commercial and residential hub.
Simon CEO says he’s confident mall business will prevail in tough retail climate
David Simon told investors that the “returns will be there” if the company continues to invest in its properties.