City of Indianapolis plans $126M in construction this summer
City official announced the construction schedule Monday. It includes 60 projects, most of which are street repaving.
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Home Depot manages to rise above retail fray
Home Depot, which has eight stores in the Indianapolis area, bucked the trend of many national retailers when it provided its financial outlook Tuesday morning.
Meridian-Kessler church building revived as arts haven
The Indianapolis Opera and other arts organizations have found a home in the former Holy Trinity Greek Orthodox Church building on North Pennsylvania Street.
Giordano’s opening at Illinois Building; steakhouse expected to follow in fall
The Chicago-based pizza chain will ease into the downtown culinary scene by serving dinner only before taking on the lunchtime crowd. Next up: the Hyde Park steakhouse in October.
Indianapolis-area home builders stay on growth streak
Indianapolis-area residential builders filed 546 single-family construction permits in the nine-county area last month, their best April since 2007.
RoomPlace plans to reopen long-vacant Levitz store, warehouse
Lombard, Illinois-based furniture retailer RoomPlace has acquired the massive and long-vacant Levitz Furniture building on East Washington Street and plans to renovate it into a showroom and warehouse, city officials announced Monday morning.
Duluth Trading Co. planning store in Noblesville
The Wisconsin-based men’s and women’s workwear retailer, which raised $80 million in an IPO last year, has filed plans to build a store next to Cabela’s near Hamilton Town Center.
U.S. retail sales show solid gain despite woes at store chains
April’s sales gains paint a healthier picture of retail spending than did a slew of troubling reports released this week by Macy’s, Nordstrom, Kohl’s and J.C. Penney.
Jonathan Byrd’s closes Greenwood restaurant as it shifts focus north
The south side institution said on its Facebook page that it has “run its course in Greenwood,” although the Byrd Conference Center there will continue operations.
Former Logo Athletic president named CEO of Lids
David Baxter has been named president and CEO at Zionsville-based Lids Sports Group, succeeding former president Kenneth Kocher, who resigned in February after more than 10 years in the position.
Two tracks of negotiations helped seal huge Salesforce expansion
Tech talent and naming rights on the state’s tallest building were key factors that helped Indianapolis secure an 800-employee hiring commitment from Salesforce.com this month.
Programs for homeless suffer big cuts as feds shift priorities
Programs across Indianapolis that provide housing and support to the homeless are bemoaning a $687,540 decrease in U.S. Department of Housing and Urban Development funding this year.
Not-for-profits join co-working movement
Hubs designed for not-for-profits have joined the local co-working craze as social leaders see opportunities to save money on office space and collaborate with groups in similar positions.
IUPUI student housing building spree to test demand
Four apartment projects totaling more than 1,000 units are either under construction or in the works near IUPUI, as developers capitalize on the university’s transition to a residential campus.
Historic St. Elmo building’s exterior undergoing lengthy repairs
The terra cotta that adorns the downtown landmark’s roofline is beginning to crumble, prompting the restaurant’s owners to seek restoration options, which could take six months to complete.
HDG Mansur examiner hopes to hit insurance jackpot
Bankruptcy examiner John Humphrey, who has been investigating potential claims against HDG Mansur founder Harold Garrison, is hoping for a big payout from the company's $5 million directors and officers liability insurance policy.
Kohl’s Corp. joins other retailers with slumping sales
Shares in Kohl’s Corp. slid almost 9 percent in morning trading Thursday after the retailer with 13 Indianapolis-area stores reported first-quarter results that missed analysts’ estimates.
Egg prices near 5-year low as farms recover from bird-flu crisis
The cost of making everything from quiches to cakes is less than before avian influenza killed more than 35 million laying hens and the government spent $1 billion to prevent the disease from spreading.
Bluebeard owner plans project to fill Mass Ave gap
Restaurateur Edward Battista and his father, Tom, want to fill a chunk of land between the former Coca-Cola bottling plant and R Bistro with a three-story development.
Forrest Lucas buying former Nancy Irsay estate
The founder of Lucas Oil Products has agreed to buy the nearly 40-acre spread on Ditch Road in Carmel, which sits next to the even more opulent property he bought in 2010.