Tom Wood Lexus hitches wagon to expansion trend
The project would add a second floor to the building on East 96th Street, increase the size of the service department and create a mezzanine for a “state-of-the-art” car wash.
The project would add a second floor to the building on East 96th Street, increase the size of the service department and create a mezzanine for a “state-of-the-art” car wash.
Centerpoint Brewing has started work on its 17,500-square-foot space in the Circle City Industrial Complex on 10th Street, with plans to open a tasting room and make 3,000 barrels annually.
The owner of a multi-building campus spread over 15 acres on the southeast side is accepting offers on the site that once served as an asylum and more recently housed low-income elderly residents.
Despite national attention paid to RFRA and Jared Fogle, most of IBJ’s top-read online stories this year were the result of deeply sourced reporting on people, issues and businesses specific to central Indiana.
The Federal Reserve’s first interest-rate increase in nine years has removed a crutch that’s helped sustain 33 consecutive months of price growth of at least 10 percent.
Marion County is suffering from a severe shortage of affordable housing and the inventory is not expected to increase anytime soon. The most popular financing option to help build affordable housing projects is so limited that only a small fraction of the developments get built.
Fewer people signed contracts to purchase homes in November, as the real estate market appears to have cooled after sales gains for much of 2015.
Construction work on the IndyGo transit center, which is expected to become a hub for most of Indianapolis’ bus lines, has been delayed by seven months. The project’s estimated cost has risen from $20 million to $26.5 million.
Indiana Members Credit Union is hoping to open a branch in the 18,000-square-foot, two-story brick building on Old Meridian Street in Carmel.
Southfield, Michigan-based Diversified Restaurant Holdings Inc. said it shut down eight of its 26 Bagger Dave’s restaurants in all, including seven in Indiana. It said the restaurants were losing money.
The Broken Beaker micro-distillery is set to open in mid-January on Mass Ave, while Mimi Blue Meatballs is expanding from its lone location, on the Avenue, into Hamilton County.
McIndy Ventures LLC, which opened its first McAlister’s in 2002 in Indianapolis, has sold its portfolio of eateries across Indiana to Tennessee-based Southern Rock Restaurants LLC.
The fast-but-fresh restaurant chain plans to change the way it handles its meats, vegetables and cheese to combat a hit to its image from incidences of foodborne illness.
The introduction of a new disclosure form in October likely prevented many homebuyers from closing on sales in November. Home values are also rising at more than double the pace of wages.
Three residents have taken the unusual step of asking a Marion County judge to block the $10 million development, arguing it’s too big for the neighborhood.
The new owners of the Hyatt Regency Indianapolis decided its lower levels needed an overhaul and sharpened culinary focus.
The Shops at Perry Crossing in Plainfield was evacuated Friday night after bomb threats were posted on Facebook targeting the mall and its JC Penney store, police said.
Two local developers are teaming to build a $50 million mixed-use project adjacent to the Indianapolis Motor Speedway that would anchor the town’s revitalized Main Street.
Pyramid Place Shops is home to Georgia Reese’s Southern Table & Bar, Einstein Bros. Bagels, Noodles & Co., Qdoba, and Firehouse Subs.
The gift is part of a new, 10-year lease agreement the city is close to signing with the Indiana Repertory Theatre, which calls for IRT to provide building upkeep by paying into a fund in lieu of rent.