Area homebuilders see 11th straight month of falling permits
Interest in new homes in central Indiana continued to slow dramatically last month, according to the latest statistics from the Builders Association of Greater Indianapolis.
Interest in new homes in central Indiana continued to slow dramatically last month, according to the latest statistics from the Builders Association of Greater Indianapolis.
Consumers rate current home-buying conditions as the worst since the early 1980s, according to a survey by the University of Michigan.
A new J.P. Morgan Chase & Co. bank branch is expected to open May 1 at the intersection of 62nd Street and North Keystone Avenue, but two nearby locations are slated to close in early 2023.
Over a career in architecture spanning more than 40 years, Sheila Snider was involved in helping shape downtown Indianapolis and other parts of the state.
Jenkins joined IBJ Podcast host Mason King for a deeper conversation about her emergence as a restauranteur after working as a teacher in Indianapolis Public Schools.
The additional financial support will come from the Capital Improvement Board’s fund balance, which was bolstered in October with $50 million in revenue replacement funds through the federal American Rescue Plan Act.
With the county experiencing the second-highest growth rate in Indiana, builders and apartment developers have not been able to meet the increasing demand for affordable and workforce housing.
Penguin Point, a Warsaw-based fast-food chain that dates back to 1950, is now down to nine restaurants.
The Indianapolis-based apartment developer plans to vacate its current headquarters in the Fletcher Place neighborhood for a newly designed space that can house twice as many employees.
The company will continue to have an event space and its catering operations along the Monon Trail, plus its Gallery Pastry Bar in downtown’s Wholesale District and Gallery on 16th in the Old Northside neighborhood.
Raising Cane’s filed a lawsuit against the Indiana shopping center’s owner, Schottenstein Property Group, alleging fraud and saying the would-be landlord failed to disclose the existence of the chicken ban.
Several new restaurants, retailers and businesses have recently opened or are planning to open their doors in Boone and Hamilton counties.
Five of 20 downtown hotel projects announced before the pandemic have opened. But few of the remaining 15 have made substantive progress, despite a strong rebound in the district’s hotel occupancy rates.
City leaders expect a stretch of undeveloped agricultural land on the city’s southeast side to become Hamilton County’s next epicenter of innovation.
A trend called “active adult communities” translates to age-specific housing that has eliminated dining, transportation and cleaning services.
On the heels of the Towne & Terrace Corp. settlement, Indianapolis hopes to change the legal interpretation of a state public nuisance law so it will allow a high volume of emergency calls to be grounds for enforcement in similar circumstances.
The IPS Rebuilding Stronger plan—an attempt to address declining enrollment amid charter school growth—would leave multiple school buildings open for charter schools to potentially occupy.
MOTW Pastries & Coffee now has two locations—at 4873 W. 38th St. in Indianapolis and 8235 E. 116th St. in Fishers—and is opening a third in Castleton by the end of this year.
City officials see the 0.65-acre parcel at 222 N. Alabama St. as a connector between the Mass Ave cultural district and the Market East area, potentially with a hotel or apartment project.
Scott Wise, founder of now-defunct Indianapolis-based restaurant chain Scotty’s Brewhouse, said his personal bankruptcy is related to financial issues from the chain’s collapse.