Biotech firm nearing completion of Indy radioisotopes factory
Following a $45 million renovation, RayzeBio plans to use the plant to make Actinium 225, a radioisotope used for targeted therapy for cancer.
Real Estate
Articles
Pilot program aims to give relief to Riverside property taxpayers
The Indianapolis City-County Council approved a proposal on Monday creating the Riverside district and a tax credit for longtime homeowners in the neighborhood who are over the age of 55.
City drops plan to redevelop City-County Building
The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.
Indiana attorney general asks court to block sale of two IPS buildings
His effort is the latest development in the argument over how to interpret the newest version of the state’s so-called “$1 law” that requires districts to give closed school buildings to charters for the sale or lease price of $1.
Carmel tavern/brewery owner planning new project on city’s Main Street
Kevin Paul, who owns Brockway Public House, Danny Boy Beer Works and The GOAT, is seeking to open Boneyard Bar & Restaurant in Carmel.
Rise’n Roll Bakery closing two Indy locations, plans to open another
Rise’n Roll Bakery, known for its doughnuts and Amish Country goods, announced the closures Thursday while confirming plans for a new store in Nora and possibly another one in a northern suburb.
Lawmakers explore site readiness, regulations, demographics in first land-use task force
State legislation creating the task force gave it five issues to examine: growth trends, growth barriers, developer siting, local self-investment and food insecurity.
IBJ Podcast: The story behind Peterman’s wild growth across Indiana since brothers took over
Pete Peterman couldn’t have imagined how much and how fast the company would grow under the new generation, which had a strategy that required a fundamental change in the business.
Star of ‘Good Bones’ show says city officials hampered her work
The HGTV home-improvement show is airing its last season, and Mina Starsiak Hawk says she’s not sure of her next steps. But one thing seems likely: She won’t be redeveloping or building houses regularly in Indianapolis anymore.
Planned Indianapolis Animal Care Services facility gets funding boost
The new facility will replace the existing Indianapolis Animal Care Services shelter at 2600 S. Harding Street.
Upland’s College Avenue location to add a barber shop
The Upland restaurant and bar will devote 400 square feet to Black Orchid, which presently operates three central Indiana shops.
Mass Ave retailer Homespun: Modern Handmade to close
Shop that sells goods made by Midwest artisans opened in Irvington in 2010 and moved to Mass Ave in 2014.
Local coffee shop to take former Starbucks spot on Monument Circle
Command Coffee has signed a long-term lease for the space, which Starbucks vacated late last year, citing concerns about the safety of its employees.
Bakery planned for Shelby Street corridor near Garfield Park
Cafe Babette LLC plans to take over the former location of The Garfield Eatery & Coffee, which closed in December 2016.
Charter school group says IPS decision to sue state violated open meetings law
The complaint centers on the school board’s lawsuit that claims an exemption for IPS from a state law that requires districts to sell or lease closed school buildings to charter schools for $1.
Moe’s Southwest Grill closes 8 of 17 Indiana restaurants, including 2 in Indianapolis
In addition to closing the two Indianapolis restaurants, the fast-casual Mexican chain closed three locations in the city’s suburbs.
Italian steakhouse, coffee/wine bar planned for Proscenium tavern in Carmel
The tavern is part of the Proscenium mixed-use development by Carmel-based Birkla Investment Group and Dayton, Ohio-based Woolpert Inc., which opened in 2021.
King’s Hawaiian eyes central Indiana for massive production campus
Plans call for the development to include a 368,000-square-foot main manufacturing plant, a 78,000-square-foot cold storage building and an 86,000-square-foot beverage plant.
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.
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.