Upbeat Baggott boosts funding, tweaks ClusterTruck for rollout
The ExactTarget co-founder is wrapping up a $2 million seed-funding round and adjusting his new startup’s business model in anticipation of a December launch.
Real Estate
Articles
Senior housing planned on key 86th and Meridian corner
A Missouri-based development team wants to build a $10 million senior living center on the last available parcel at one of the north side’s most visible intersections.
Hamilton County moving ahead with judicial center expansion
The addition could cost as much as $22 million. Officials opted against constructing a new building east of State Road 37, thus keeping users and employees in downtown Noblesville.
Carmel’s $100M Legacy attracting retail projects
Since Virginia-based Falcon’s Nest purchased the 400-acre development in 2011, residential construction has slowly been increasing. Now, some commercial development is beginning to follow.
Online music retailer Sweetwater adding 285 jobs
Sweetwater Sound Inc. says it will invest $8.8 million in expanding its Fort Wayne headquarters and creating up to 285 new jobs by the end of 2018.
Roundup: East-side Habig closing; Rabble Coffee and Love Handle open
The family-owned Habig Garden Shops, which opened its first store in 1955, plans to close its Arlington Avenue location by the end of the month, but will keep its other three stores open.
Finally, McDonald’s to start selling all-day breakfast nationwide
McDonald’s Corp. plans to start selling all-day breakfast across the U.S. on Oct. 6, aiming to reinvigorate sluggish sales by fulfilling a longstanding customer request.
Historic downtown apartment building on the block
Summit Realty Group is accepting offers until Oct. 1 on the 23-unit Janus Lofts at 240 S. Meridian St. The building was redeveloped in 2003 by developer Lee Alig, who is facing numerous charges of securities fraud.
Finish Line seeking tax break for local expansion
The Indianapolis-based retailer of athletic apparel plans to spend $1.3 million to add new equipment and create 100 jobs at its far-east side headquarters and distribution facility, the company disclosed.
Software startup Tenant Tracker hires first leader
Local technology and real estate veteran Keith Kleinmaier will lead the firm as it attempts to become a leader in the business of tracking retail tenant activity.
Anderson ramps up blight-elimination efforts
The city has received two grants totaling $2.8 million to tear down 128 blighted properties. As of Friday, two properties had been torn down as part of the program.
Greenwood aims for strict development at new exit
When you get off Interstate 65 at a new Greenwood exit, don't expect to find truck stops, fast-food restaurants and multiple gas stations. Warehouses and apartments won't be allowed, either.
County assessors may push for stricter big-box tax laws
County assessors say a new law didn’t go far enough to protect counties from losing out on tax revenue from retailers in search of lower tax bills.
Ex-Subway exec says he didn’t know of Fogle’s sex crimes
A former executive who was in charge of Subway's advertising says he wasn't aware of pitchman Jared Fogle's criminal sexual conduct with minors in 2008, contradicting the statement of a former franchisee.
New boss of Frisch’s Big Boy restaurants plans expansion
The new leader of the Frisch's Restaurants chain wants to flex Big Boy's brand muscle with franchise expansion. The changes could mean more Big Boys in Indiana.
Dinosaur-Bar-B-Que calls downtown plans extinct
The Syracuse, New York-based chain said it has chosen to focus on locations closer to its home and will not be opening in space in Circle Centre mall at Meridian and Maryland streets.
2014 All-Star Real Estate Agents
See which real estate agents and which teams rack up the most sales.
TIF glitch may imperil projects in Midtown
TWG Development LLC has agreed to pay $3 million to buy part of the AT&T property near the busy intersection of College Avenue and Kessler Boulevard to build a $39 million apartment project with an underground parking garage.
Zionsville parcels may lure Michigan Road development projects
Commercial projects are starting to stake claims on open land along the Zionsville portion of Michigan Road, catching up with the flurry of mostly retail development that’s already occurred along the Carmel portion of the roadway.
More houses to sell, but fewer agents to sell them
Just as the residential market regains steam, the number of real estate agents is waning.