O’Malia’s store on south side closing in November
After the store on South Meridian Street shuts its doors next month, just one O’Malia’s grocery will remain.
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Developer Allen plans $2.6M project in Greenwood
Called Greenwood Business Center, the development is planned for an 11-acre site about a quarter-mile east of Interstate 65.
Developer saves Phillips Temple, converts it into apartments
Van Rooy Properties purchased the nearly century-old landmark last year and embarked on a $6 million project to bring 40 market-rate units to the site at 1226 Dr. Martin Luther King Jr. St
Rolls-Royce’s $400M modernization is massive juggling act
With Project Condor, the manufacturer will update its Tibbs Avenue and Raymond Street plants while continuing uninterrupted production of high-precision engines for military aircraft.
Broad Ripple Brewpub owners branching out to East 10th Street
John and Nancy Hill are purchasing a 96-year-old building and plan to open a restaurant and taproom in the up-and-coming corridor near downtown.
Stenz starting $4M second phase of Dorman project on East 10th Street
The second piece of the project a stone’s throw from the massive Coke plant redevelopment on Mass Ave will feature townhomes and a 6,000-square-foot retail and office building.
Senior-living developer planning $45M expansion in Zionsville
Indianapolis-based BHI Senior Living is opening part of its 300-acre Hoosier Village campus for 150 deluxe duplex units to be pitched to baby boomers.
New restaurant planned for Circle City Industrial Complex
The Convivial Community Bar—slated to open in spring 2017—will be on the south end of the complex with a patio along East 10th Street, just off the Pogue’s Run Trail.
Indiana Landmarks mounts campaign to restore historic clock
Historic preservation not-for-profit Indiana Landmarks is leading a fundraising campaign to restore the 80-year-old “Ayres clock” mounted on the corner of Circle Centre mall at Washington and Meridian streets.
Developer continues to revive intersection north of East 16th Street
Now that Cannon Ball Brewing is close to opening in the suddenly hot area, Reveal Properties is beginning to renovate an adjacent building on Bellefontaine Street for office and restaurant use.
HHGregg to close for Thanksgiving
"It's time to stop the madness," said CEO Robert Riesbeck, who noted that the appliance chain wasn't seeing a huge spike in business on the holiday anyway.
Ivy Tech plans to sell classroom site in Madison County
Ivy Tech's state board has approved a resolution to sell what is known as the Anderson North Campus near Alexandria.
Scotty’s Brewhouse founder negotiating to sell stake in chain
The deal with an Arizona-based private-equity firm could take the small Indianapolis-based chain to 200 restaurants within the next four years, including locations in Japan.
UPDATE: Salesforce plotting real estate changes
The company's lease in the Gauranty Building, 20 S. Meridian St., will expire in the first quarter of next year, while a lease for the Century Building, 36 S. Pennsylvania St., runs until 2021. "Salesforce has no plans to vacate the Century office at this time," a spokesperson said.
Wal-Mart plans to slow new store openings, invest in online
Wal-Mart closed on its more than $3 billion buyout of the online retailer Jet.com last month, showing how heavily it’s willing to invest as it tries to boost online sales that totaled $13.7 billion last year.
Student-housing developer buys two historic buildings on Mass Ave
Annex Student Living will relocate from Broad Ripple to the building housing Mass Ave Toys. Its principals also have purchased one of downtown’s most distinctive architectural landmarks.
Phoenix Theatre raises $5.1M toward new complex
Officials said Wednesday they are launching a capital campaign to raise the final 40 percent of their fundraising goal. They also unveiled designs for the project by Indianapolis-based Ratio Architects.
Tex-Mex chain Don Pablo’s files bankruptcy, closes 4 area locations
The 31-year-old national chain, which began opening locations in the Indianapolis area in the early 1990s, filed for Chapter 11 protection on Tuesday and has closed all of its area restaurants.
High-rise hotel pitched for surface lot across from fieldhouse
A New Orleans company wants to build a 15-story hotel and a seven-level parking garage on downtown property where two previous attempts from other developers have failed.
Paradise Bakery closing last Indianapolis-area location
Paradise Bakery & Cafe, which once operated a half-dozen restaurants in the Indianapolis area, will quit selling cookies in Indiana on Tuesday.