HomeAdvisor locks up downtown location
The Colorado-based Angie’s List rival, which previously announced Indianapolis expansion plans, has secured 7,000 square feet on Virginia Avenue near Bankers Life Fieldhouse.
Real Estate
Articles
Mapleton-Fall Creek to pilot veterans housing initiative
The neighborhood north of downtown is partnering with the Department of Veterans Affairs to help build four homes for military families.
Former Indy developer going back to prison for a year
Sydney "Jack" Williams, whose fortunes turned after he got mixed up in a $930 million Ponzi scheme, received the sentence Monday after pleading guilty to scheming with his wife to hide bank withdrawals before his 2010 bankruptcy.
Westfield hears landowner group’s conservation proposal
A citizen-led task force is trying to protect more than 3,000 acres in the southwest corner of Westfield from future high-density development.
Mass Ave farm-to-table pioneer R bistro to close
Feb. 27 will be the last day of business for the restaurant founded by chef Regina Mehallick that helped fuel Indianapolis’ homegrown eatery boom.
Simon reports lower quarterly profit, higher revenue
Despite reporting lower profit in the fourth quarter, the nation’s largest mall owner still posted strong results for the full year.
Two downtown towers soon up for sale
The Chase Tower, the state’s largest office building, might fetch more than $200 million—a price driven up by a nearly finalized deal that would boost sagging occupancy.
Carmel plans changes to pave way for development
Officials are laying the groundwork to change the historic status of hundreds of buildings, eliminate industrial use from certain areas, and allow new buildings to tower as high as 75 feet.
Tax break in works for struggling farmers
Farmers across Indiana would get a big property tax cut under legislation moving through the General Assembly that would reduce their assessed land values an estimated $4.2 billion for taxes paid in 2018 and $8.9 billion for 2019.
Believers in Noble Roman’s see groceries as super market
The Indianapolis company has been trying to juice growth by franchising stand-alone take-and-bake pizza stores and by selling freshly made take-and-bake pizzas in grocery stores nationwide.
ClusterTruck food delivery service adds Cunningham, eyes March opening
After raising $2 million in seed funding, Chris Baggott has started renovating the downtown home of ClusterTruck’s first kitchen. Hot restaurateur Mike Cunningham will oversee food operations.
HHGregg reports 11 percent drop in quarterly sales
Sales were down again, as expected, but the electronics and appliance retailer saw a smaller loss in the latest quarter thanks to cost savings.
Duke Realty reports higher quarterly, annual profit
The Indianapolis-based real estate developer turned a profit to end 2015 after reporting a loss in the fourth quarter of the previous year.
Tex-Mex restaurant coming to Indiana Avenue
Corner Cantina is set to open Thursday in the Indiana Avenue building last occupied by New Orleans on the Avenue.
UPDATE: Abercrombie & Fitch closes most Indiana stores as sales drag
Struggling retailer Abercrombie & Fitch has closed four of its five stores in Indiana, including Indianapolis locations at Circle Centre and the Fashion Mall at Keystone.
Athenaeum receives Basile gift to help fund $1.2M in theater repairs
Local philanthropists Frank and Katrina Basile have contributed $225,000 toward a fundraising campaign for renovating the theater, which will be renamed for the couple.
Judge rules on residents’ challenge to $10M Ransom Place project
The three residents of the historic downtown neighborhood objected to the apartment project, claiming it was too big and suggesting race might have played a role in its approval. A Marion Superior Court judge disagreed.
Noblesville’s Grace Church buys Nora building for expansion
The church, which already is building a second home in Fishers, has bought an office building on Westfield Boulevard and plans to launch services at the site.
Johnny Rockets closes restaurant in Circle Centre mall
The burger joint served its last customers on Sunday in the mall’s food court, joining a growing list of tenants departing the mall’s third floor.
Roundup: Athenaeum slated for $1.2M revamp; Dufour’s closing
Details of the renovation planned for the historic downtown building are set to be announced on Tuesday. Meanwhile, Irvington residents mourn a loss to their culinary scene.