Retailer Tuesday Morning closing all stores, begins clearance sales
The discount home goods retailer has one remaining store in Indianapolis and another in Carmel that will soon be closing their doors.
Real Estate
Articles
Area residential builders see 15th straight month of falling permits
Demand for new houses in central Indiana continued to lag last year’s pace in March, but longtime housing hotbed Hamilton County broke out of its recent slump.
Cities reviving downtowns by converting offices to housing
A growing number of developers are considering converting empty office towers into housing as part of an effort to find uses for properties that emptied out during the pandemic.
Bed Bath & Beyond files for bankruptcy protection, plans to close stores
The retailer has set a closing deadline for its stores, including those in Carmel, Noblesville, Greenwood and Bloomington, and announced it will stop accepting its ubiquitous coupons soon.
Purdue senior development will bring older alums back to campus
The university, which has 575,000 living alumni, plans to break ground later this year on Varcity at Purdue, a 230,000-square-foot community at the school’s Discovery Park District.
Cannabis consumption lounge to open in Fountain Square
WildEye Cannabis, dedicated to the consumption of cannabidiols, is scheduled to open Friday in Fountain Square.
Keystone Sports Review to move to former Birdy’s location
Keystone Sports Review plans to move 15 blocks north this summer to take over the former Birdy’s Bar & Grill. Meanwhile, KSR’s existing site has a new owner that will open another business after KSR relocates.
Columbia Club eyeing rooftop upgrades with deck, dining space estimated at $10M
The rooftop plans call for an outdoor deck with seating for more than 50 people, as well as an indoor space with a small kitchen, a bar and table seating for another 50 people.
Salesforce giving up 25% of its space in state’s tallest building
The tech giant, which has been cutting costs and restructuring its real estate in the face of a possible economic downturn, put three contiguous floors at Salesforce Tower in downtown Indianapolis on the market for sublease.
First Baptist Athletics planning new gym, field improvements on 86th Street
A request to replat the site initially led to some concern among neighbors that some of First Baptist Church’s property would be used for housing development.
Council committee OKs financing for affordable, workforce housing projects
Two projects—one in the International Marketplace and another on the north side of Indianapolis—have been approved for financing by the City-County Council’s Metropolitan and Economic Development Committee.
New Mass Ave bookstore plans to share stories from around the world
The Mass Ave cultural district features a bookstore for the first time since the 2021 migration of Indy Reads Books to Fountain Square.
Could downtown heliport play a role in attracting aviation innovation?
Is the Indianapolis Downtown Heliport an impediment to development in the Market East Cultural District, or is it a key asset in the future of the city’s aviation landscape, maybe even a future hub for air taxis?
Art, furnishings from former DeHaan estate to be sold at auctions
Paintings and furniture from the former Indianapolis estate of late businesswoman Christel DeHaan will be offered at three separate auctions over the next six weeks, according to Chicago-based auction house Hindman. The estate sold last year for a state record $14.5 million.
Neidhammer Coffee Co. bought by not-for-profit for training housing-challenged youth
The near-east side coffee shop will be operated by youth from 91 Place, a not-for-profit that provides transitional housing, workforce training and support services.
DeLaney calls for property tax reform in wake of increases
Many Hoosier homeowners have already received their latest property tax bill—or will in the coming days–and discovered the jump, which ranges from zero change in one county to more than 20% in four counties around the state.
Area residential builders see 14th straight month of falling permits
The local homebuilding industry continued to see a slump in demand for new houses in central Indiana in February.
Business leaders fight plan to close downtown heliport
The Hogsett administration told IBJ it now plans to conduct an analysis to determine the benefits and challenges of the 4.9-acre site.
Indiana’s ‘$1 Law’ to expire under amended charter school bill
In addition to providing Indiana charter schools with access to more state and local funding, the bill would sunset a law that requires public school districts to sell or lease vacant or unused instructional buildings for a single dollar to public charter schools.
Land donated by famed crossword puzzle editor to become Indiana park
The 47-acre parcel is owned by Will Shortz, a Crawfordsville native and longtime crossword puzzle editor for The New York Times, who grew up on the land he is donating for the project.