Ganassi Racing seeking tax break for $3.5M expansion
The owner of four IndyCar racing teams says the tax abatement would help offset costs related to a 40,000-square-foot addition the company wants to build at its northwest-side headquarters.
The owner of four IndyCar racing teams says the tax abatement would help offset costs related to a 40,000-square-foot addition the company wants to build at its northwest-side headquarters.
New York-based Industrious said it will occupy two floors in the structure under construction by local developer Gershman Partners. It’s the second co-working provider to secure a downtown locale in two months.
The owner of the mostly vacant AT&T building downtown has scrapped its plans to redevelop the 20-story tower and is putting it on the market without an asking price.
The 61-year-old retailer of appliances and electronics is preparing to file for bankruptcy as it grapples with an ongoing slump in sales, according to people familiar with the matter.
The wine shop, launched in Carmel by local caterer Joe Husar, was purchased last year by Big Red Liquors, which is bringing the store to the Meridian-Kessler neighborhood.
Closed sales in the 13-county area have risen every month on a year-over-year basis since October 2015.
For many firms, splitting office space and sharing resources is a strategy that makes good business sense. But such arrangements aren’t without challenges.
Restaurant Brands International Inc. has agreed to buy Popeyes Louisiana Kitchen Inc., adding a fried-chicken outfit to its lineup of burgers and doughnuts. The two chains have about 70 restaurants in the Indianapolis area.
The 8,500-square-foot residential space features a private elevator that will provide access to Red the Steakhouse, which is expected to open on the ground level in April, in addition to several other amenities.
Area home builders saw demand for new homes jump for the 14th straight month in January, the Builders Association of Greater Indianapolis said.
Officials are mulling designs for revamping sections of the Indianapolis International Airport, with an emphasis on a more natural feel, clearer signage and moving stores closer to the gates.
The planned high school for STEM studies announced with fanfare last year that it would move into the P.R. Mallory factory site, but leaders encountered a financial hurdle and now are keeping their options open.
The move from Noblesville to the Creekside Ministries property would allow the not-for-profit to significantly upgrade its operations and programs, according to a memo for Fishers officials.
A downtown institution served its last sandwich this week at City Market, potentially opening its former space for several new eateries.
Several projects are in the works—a push led mainly by local developer Onyx+East, which plans to begin construction this year on nearly 150 units, 90 of which are in or near downtown.
The jobs are part of a plan Lowe’s announced Wednesday to hire 1,700 customer-support employees in total by October at offices in Wilkesboro, North Carolina; Albuquerque, New Mexico; and Indianapolis.
The popular restaurant chain known for its Italian beef sandwiches and Chicago-style hot dogs on Thursday officially disclosed it was coming to Fishers and revealed its chosen location.
The local real estate brokerage presented its annual State of Real Estate event Thursday, painting a rosy outlook for almost all sectors of the market.
The bill comes on the heels of Carmel’s recent decision to send letters to 28 residents who rent out their homes on Airbnb, stating that they are in violation of city zoning laws.
The land is expected to be developed into a mixed-use innovation district that will include more than a million square feet of office, educational, retail, residential, hotel and community space.