Noble Roman’s closes longtime downtown location
Now down to a handful of traditional pizzerias, the Indianapolis-based pizza franchisor said it is searching for a location where pedestrian traffic would be heavier.
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Architectural firm relocates to historic Fort Ben building
Curran Architecture has taken space in a 1908 structure that once served as barracks for enlisted soldiers, as activity continues to pick up at the sprawling former army base.
Boys & Girls Club of Noblesville plans $6M building
The Boys & Girls Club of Noblesville announced plans Saturday for a new $6 million facility that will be built onto the south side of the club’s existing Community Center.
Local real estate market continues to strengthen
Leaders of Cushman & Wakefield pointed to several factors during the firm’s annual State of Real Estate outlook when providing their rosy forecast.
Manufacturer turns tiny cars into big business
GreenLight Collectibles—a maker and wholesaler of replica cars, trucks, boats, trailers and other diminutive look-alikes—has managed to gain speed with growing revenue and new distribution deals—all while many of its competitors have hit the wall.
Kite to add housing at Rangeline and 116th
Kite Realty Group Trust is preparing to replace one of its struggling Carmel retail strips with a mixed-use development, but the firm has released few details about the project.
Well-funded real estate newcomer turning heads
Out-of-state developer Hendricks Commercial Properties hopes to make a bold statement in Indianapolis with its $260 million pitch for a mixed-use project on a highly coveted piece of downtown land.
City to face another hard-to-fill shuttered factory
The only memories of thousands of long-gone manufacturing jobs are the giant, vacant factories left behind when companies bolt—after consolidation, restructuring or in search of cheaper labor.
Hamilton County misses housing credits, jeopardizing 2 projects
The Indiana Housing and Community Development Authority picked 18 recipients to get $14.3 million in highly competitive low-income housing tax credits. Two Indianapolis-area projects were awarded funding out of 54 applications.
Roundup: Barking Dog Cafe on 49th closes, Nada opening downtown, and more
The Barking Dog cafe in the Meridian-Kessler neighborhood shut its doors following a lease dispute with the landlords, and Nada arrives downtown with a design that will “blow away” visitors.
Drury Hotels tower might stretch 17 stories
St. Louis-based Drury said the new hotel would have 350 rooms spread between IBJ’s four-story building and a tower it plans to build on the surface parking lot next door.
Zionsville-based Apex plans big expansion through franchising
The window company, founded in 1998, has converted its existing 15 market licensees into franchisees and plans to expand into 50 to 100 more U.S. locations during the next 18 months.
Duke’s office market exit pays benefits for Jones Lang LaSalle
JLL brings aboard broker Traci A. Kapsalis, a 17-year veteran of Duke, and her portfolio of 2.6 million square feet of office space, including Parkwood Crossing on the north side.
Buckingham buys downtown Janus Lofts building
The historic building on South Meridian Street downtown is more than a century old and was redeveloped into apartments in 2003.
Katz Sapper real estate team lands former IEDC official
Garth Brazelton, former director of the state agency’s operations and business systems, has joined KSM Location Advisors as its chief operating officer.
IBJ building sold to Drury Hotels chain
The 92-year-old building at Washington and Pennsylvania streets was not on the market when the hotel chain approached its owners late last year.
Developer ups pressure on airport to move ahead on project
Saying it was “gravely disappointed,” the company proposing a $500 million medical complex warned Friday morning that it would “explore other options” while airport officials spend more time examining the deal.
Airport delays vote on $500 million medical complex proposal
A vote on a proposal to build a $500 million medical complex at Indianapolis International Airport has been delayed so the board can take another look at the plan. The delay was announced after an IBJ story raised questions about the track record of the executive behind the plan.
Speak Easy eyes new downtown operation
The Speak Easy, a 4-year-old co-working space near Broad Ripple that’s become one of the most popular entrepreneurial hubs in the region, is gearing up to expand downtown.
Three Duke office parks might fetch $500M-plus
Three of the Indianapolis area’s highest-profile office parks, including the two largest in the North Meridian submarket, are expected to fetch as much as half a billion dollars when they hit the market next month.