Save-A-Lot commitment brightens Avondale Meadows hopes
The grocery store chain’s announcement that it will build along East 38th Street could help spur more development in an urban area showing signs of a rebound.
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Crews aiming to repair closed I-65 bridge by Thursday
Interstate 65 traffic is being diverted from northbound I-65 onto U.S. 52 at Lebanon for a detour taking drivers north of Lafayette.
Developer seeks tax break on $7.9M Fountain Square project
Deylen Realty is requesting the abatement to offset the cost of building Forte, a 64-unit apartment-and-retail project on part of a surface lot that had been owned by the city.
Roundup: Luciana’s opening in Broad Ripple, Bar Louie coming to Greenwood
A Mexican eatery replaces Taverna on Broad Ripple Avenue, while a bar chain takes the Bravo space at Greenwood Park Mall. Also, Discount Tire is building where Chinese Ruby once stood.
IPS finds buyer for historic Phillips Temple
Van Rooy Properties plans to spend more than $3.5 million to convert the crumbling structure into market-rate apartments while also constructing a new building on an adjacent lot to the west.
Brothers start artisan distillery in Madison County
Jerrad and Jason Oakley have reached an agreement with 69 Liquors in Daleville, Lucky Liquors in Anderson and Mr. G's Liquor Store in Noblesville to sell their moonshine.
IPS puts Mass Ave bus facility on block
The school system is expecting a flurry of interest in the 11-acre site—dominated by a former Coca-Cola bottling plant—as development opportunities in the popular cultural district dwindle.
Landmark African-American-owned bar looking for new home
Owner Gwen Robinson hopes to find a new home for AJ's Lounge by the end of August, but for now, the bar—fondly referred to as the "government center's north annex"—is without a home.
Downtown skyscraper sales reset valuations
Four high-profile downtown office towers that recently attracted out-of-state buyers have become embroiled in disputes over their property tax assessments.
Few Indy companies embrace state’s new crowdfunding option
Regulations that went into effect July 1, 2014, allow Indiana businesses to solicit capital from rank-and-file Hoosiers in increments of $5,000 or less per investor. The main stipulation: Both the business and the investor(s) must be Indiana-based.
Ambrose handing DTZ property management biz
Ambrose Property Group LLC is spinning off its property management division to DTZ, one of the largest real estate firms in the city.
Fishers faces shortage of offices for small businesses
For businesses looking for small offices, Fishers is practically booked up. The demand for office spaces of 5,000 square feet to 10,000 square feet has ramped up recently in the fast-growing suburb, but supply hasn’t kept pace.
Early 1900s auto factory in Kokomo being demolished
Demolition crews are tearing down a century-old factory in Kokomo that once housed the operations of early automobile pioneer Elwood Haynes.
Duke Realty sees higher profit on lower revenue
Duke Realty Corp. saw higher profit in the second quarter, but a drop in funds from operations and lower revenue, the Indianapolis-based real estate developer said Wednesday afternoon.
Kite reports higher quarterly profit, revenue
Indianapolis-based Kite Realty Group Trust reported quarterly profit that beat analyst expectations and raised its guidance for the year.
Renderings: King Park’s proposed Fall Creek Place project
Architectural sketches provide a glimpse of what the development at the northeast corner of East 22nd and Delaware streets would look like. Construction could start this fall.
$8M project slated for Fall Creek Place
The development would be built on land at East 22nd and Delaware streets owned by King Park Development Corp. and would feature 47 market-rate units and 9,000 square feet of retail.
Competition for local retail workers heating up
The competition for retail workers in the central Indiana job market has grown so intense that one retailer is offering hiring bonuses.
Indiana panel recommends state stop licensing engineers
A state panel that's assessing Indiana's need to oversee dozens of occupations is drawing criticism for recommending that the state stop licensing and regulating engineers.
Pharmacy robberies up across Indiana, nation
Robberies of pharmacies to gain illegal access to prescription painkillers and other drugs have increased this year, with Indiana outpacing other states, crime data shows.