Indianapolis-area home builders see busiest year since 2007
The 2016 permit number marks the fifth straight year of rising sales, but still pales when compared with the single-year high for permits in this century.
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Roundup: New taqueria to replace Plow & Anchor downtown
The owners of the former Plow & Anchor restaurant, which closed Jan. 2, hope to have the Mexican eatery open within the next month.
No room in the industrial market as occupancy soars
The Indianapolis-area industrial market ended the year with vacancy of just 3 percent, nearly half of what it was at the end of 2015. The upshot: More properties are needed, and several million square feet of space are in the pipeline.
Marsh grocery chain owes more than $200,000 in unpaid bills
Contractors and at least one landlord say Marsh Supermarkets has fallen behind on rent and other bills—a development that suggests the locally based chain is facing heightened financial strain.
Talbots to close its Circle Centre store in latest clothier exit
The purveyor of classic women’s styles isn’t the only fashion retailer planning to close its location in the downtown mall in the next week.
Soldiers and Sailors Monument wins landmark status
Dedicated in 1902, it’s the largest of more than 200 Civil War memorials in the U.S. and the only one that combines large-scale sculpture in bronze and stone.
Judge denies injunction to block VA’s Crown Hill cemetery project
The Indiana Forest Alliance said the judge's ruling "makes a travesty of our environmental law" and vowed to appeal.
‘Sisters of Savings’ sell Hare Chevrolet to national firm
But the dealership’s ubiquitous commercials won’t be going anywhere.
Ambrose pays $47.8M for north-side office property
The local real estate firm bought the Parkwood West building and 14 acres of adjoining land from Duke Realty, which is exiting the office market.
More pay, greater confidence lifts U.S. retail sales 0.6 percent
Americans stepped up their auto buying and online shopping in December, reflecting a boost in confidence after the election and an increase in pay.
City’s vision would relink GM property to downtown
An iconic architectural landmark that would create a gateway to downtown is one of several features city officials want as part of a redevelopment of the former General Motors stamping plant site.
Whitestown sees spike in single-family home permits
The Boone County town has a population about a quarter the size of neighbor Zionsville, but new single-family housing permits filed for Whitestown have outpaced Zionsville’s since 2014.
Community Health demolishing, rebuilding East hospital
The wrecking ball is busy at Community Hospital East, knocking down one building after another, as workers ready the site for a brand-new, $175 million hospital.
Chicago-area developer jumps into Indianapolis market
Molto Properties has purchased 47 acres in the AmeriPlex business park and plans to construct a 620,000-square-foot industrial building before landing a tenant.
Apartment project by Athenaeum delayed by neighbor challenge
Nearby residents say the $15 million multi-use development shouldn’t be allowed and have asked a judge to review a decision to approve the project by the Indianapolis Historic Preservation Commission.
Starbucks ends ‘Evenings’ alcohol program
The Seattle-based coffee chain will no longer sell beer and wine at more than 400 U.S. locations, including as many as nine in central Indiana.
Mass Ave Toys to help anchor evolving north-side retail center
The owners of 54th & Monon Shops, a three-building complex, are nearly finished converting the former industrial area into a retail hub.
HHGregg expecting major drop in sales in latest quarter
HHGregg released preliminary sales results for its latest quarter Monday after the market closed. Shares fell 24 percent in after-hours trading, to $1 each, after closing at $1.31.
Westfield City Council approves 300-acre Aurora development
The 300-plus-acre office, retail and residential project, which will be located near the southeast corner of U.S. 31 and State Road 38, to the west of Grassy Branch Road, is being pursued by developer Chris R. White.
Hustler Hollywood sues city over zoning roadblocks
Beverly Hills-based Hustler Hollywood says city officials are incorrectly classifying its planned Castleton store as an adult business, which is preventing it from opening its doors. It filed suit over the denial on Thursday.