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.
Real Estate
Articles
Architects’ home emphasizes its mid-century roots
A less-is-more design carried through in a careful remodeling, and now under a new owner who likes the nostalgia.
Residential Real Estate: Marketplace
Check out what homes are selling for in your area, as well as which house sold for the most money recently. (It went for more than the asking price.) And see which parts of the Indianapolis area have the greatest incomes.
Developer agrees to bring taco chain to Indianapolis
Michael House plans to open five Taco John’s restaurants in Indianapolis with an option to open 10 more for the Cheyenne, Wyoming-based fast-food franchise.
Downtown Cummins building to be 9 stories instead of 10
The city’s Regional Center Hearing Examiner approved the reduction Thursday. Cummins officials said the change will make the layout of the building more efficient.
Escape-room entertainment venue set to open downtown
Simply called The Escape Room, the venue will offer five themed rooms from which participants can attempt to escape by solving riddles. The gaming trend is becoming popular in the United States.
St. Vincent to sponsor, occupy new Pacers training center
The Indiana Pacers’ $50 million, five-story training venue will be called the St. Vincent Center and offer primary care, cardiovascular and sports performance services for the public.
Instacart rolls out grocery delivery service in Indianapolis
Instacart said it has hired 70 local shoppers who will pick up and deliver merchandise starting Tuesday from Marsh Supermarkets, Whole Foods Market, Petco, Georgetown Market and Costco.
Broad Ripple jeweler spending $3M to redevelop downtown building
Nick Blum bought a vacant, three-story building south of Massachusetts Avenue and plans to move his Blumlux boutique there. The project will include luxury apartments and space for office users.
Pacers receive CIB approval for $50M practice facility
The five-story practice facility across the street from Bankers Life Fieldhouse would contain a gymnasium and offices for basketball operations and Pacers Sports & Entertainment.
Pacers want to build training complex on city-owned land
Pacers Sports & Entertainment is expected to ask the Capital Improvement Board to let it construct a building on city-owned land just east of Bankers Life Fieldhouse.
Micro-brewery commits to new downtown events center
Round Town Brewery Co. has shelved plans to open on North Pennsylvania Street and instead is taking 16,000 square feet in Biltwell Event Center on the southwest edge of downtown.
Andy Mohr Truck Center wins $6.5M judgment against Volvo
The jury verdict followed a three-year legal battle, with each side accusing the other of broken promises. Andy Mohr alleged Volvo's failure to give it the same price discounts it extended to similar franchisees cost it more than 1,300 truck sales.
$50M mixed-use project on Mass Ave ready to move forward
Montage on Mass will feature 236 apartment units, 36,000 square feet of retail, two levels of underground parking and a giant three-story, electronic-mesh art display.
IU School of Dentistry gets OK for $21.6M expansion
The IU Board of Trustees gave unanimous approval to the 45,000-square-foot addition to the school at IUPUI. It is expected to open in 2020.
Goody’s parent to close about 90 underperforming stores
A national retailer that operates about 20 Goody’s stores in Indiana plans to close about 10 percent of its locations.
Mass Ave restaurateur corrals new project with The Livery
The owner of Mesh, Bru Burger and Union 50 has agreed to lease the historic but dilapidated building at 720 N. College Ave., set for a major revamp as a dinner-only restaurant.
Subway’s latest challenge: Getting out from Jared’s shadow
Subway benefited hugely from Jared Fogle's weight loss story. Now the sandwich chain needs to figure out how to prevent him from overshadowing its future.
Report: Subway pitchman to admit to child-porn charges
Subway pitchman Jared Fogle is expected to plead guilty to child-pornography charges, an Indianapolis television station reported Tuesday.
Scotty’s Dawghouse eatery to anchor Butler garage project
The concept from local restaurateur Scott Wise will occupy 6,400 square feet of space on the ground level of the parking garage under construction next to Clowes Hall.