Three massive industrial projects on tap for Plainfield
The buildings will add 1.8 million square feet to the town’s already robust distribution market and will be built on a speculative basis, indicating healthy demand for such space.
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Square Donuts to close downtown, open shop in Greenwood
It’s a zero-sum game for the Terre Haute-based chain, which operates four donut shops in the Indianapolis area.
Chuck Taylor sequel flops, dealing blow to Nike’s Converse brand
With a lot of fanfare last July, Converse released a more expensive version of the classic Chuck Taylor, the iconic brand designed by the former basketball player and salesman from Indiana. But fans still prefer the older model.
Strategic Capital Partners makes major move
Two former top executives of Duke Realty Corp. are parlaying their experience at the publicly traded developer to take their real estate firm to new heights.
City picks design firm to lead City-County Building Plaza project
Indianapolis-based Rundell Ernstberger Associates has been chosen to lead the redesign efforts of the City-County Building Plaza along East Washington Street, the city announced Friday.
Finish Line’s supply chain woes under control, CEO says
Sales and profit for the apparel seller’s most recent quarter either met or exceeding Wall Street’s expectations. It’s now embarking on a plan for responding to clothing trends more quickly.
The Interview Issue: Kate Bova Drury
Kate Bova Drury started out as a boutique owner in Broad Ripple before making the change to baking. Now, she’s got five cupcake bakeries, one location for doughnuts and one combo store.
The Interview Issue: Thomas Main & Peter George
Once highly successful restaurateurs, Thomas Main and Peter George fell on some tough times in the 2000s and ended up as housemates. That’s when they started plotting a return to the industry as partners in a new venue that became the popular restaurant Tinker Street.
The Interview Issue: Lorenzo Acuna
What’s the key to 40 years in any industry? Love what you do, says Lorenzo Acuna, who has waited tables at St. Elmo Steak House for 40 years.
The Interview Issue: Bruce Pallman
Roberts Camera moved in 2014 from its longtime downtown location on South Meridian Street, which owner Bruce Pallman said has benefited the company amid fickle times in the camera business.
The Interview Issue: Larry Ettinger
Leon Tailoring has been making suits for the most important people in Indianapolis since 1905. But third-generation owners Larry Ettinger and his brother, Norman, won’t name names. They will talk about clothes though—and how much it costs to get a custom suit.
U.S. home sales fall on higher prices, lower inventories
Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices higher.
Greenwood man charged in $2.7M fraud scheme involving local contractor
The former project manager for F.A. Wilhelm Construction Co. faces 20 years in prison for allegedly creating a fake business and billing his employer for materials, as well as making a false tax return.
New redevelopment plans emerging for stalled Irvington Coal Factory project
A new developer is proposing affordable housing for the site after the current owners couldn’t make their plans work for a mix of restaurants, retail and artisanal food production.
Holiday sales predicted to grow, but big chains to get smaller piece
Consumers are expected to buy more Christmas and other holiday gifts from niche retailers this year, pulling spending away from big store operators.
Area home-construction filings rise for 9th straight month
Single-family construction permit filings have risen locally on a year-over-year basis in 12 of the last 13 months.
St. Elmo operator bringing upscale burger restaurant to Circle Centre
Craig Huse expects to open Burger Study in April near St. Elmo spinoff Harry & Izzy’s. He describes it as a “full-service burger bar and restaurant delivering an adult dining experience.”
HHGregg adds IndyCar team owner to board
Michael Andretti, owner of Andretti Autosport, has become a director following a sponsorship deal between the struggling retailer and the racing team.
I-69 subcontractors resume work on highway project
Crews have resumed work on an Interstate 69 project between Bloomington and Martinsville after halting operations earlier this month due to lack of payment.
Tesla would scale back Indiana operations under a legislative proposal
A Tesla executive said a proposal to prohibit direct-to-consumer auto sales would, if passed, prompt the company to make a U-turn with respect to expanding operations in the state.