PNC Center pitching backside as restaurant site
Retail brokers say the location, at Illinois and Maryland streets in the heart of downtown’s dining district, is sure to generate plenty of interest.
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Roundup: Flix opening in Carmel; Nourish and Hyde Park downtown
Flix Brewhouse will welcome moviegoers with Thursday’s premiere of “Avengers: Age of Ultron,” while Nourish Innovative Local Cuisine & Cocktails prepares to open downtown. Also downtown, the Illinois Building continues to lure restaurants.
Upscale steakhouse coming to Illinois Building
Cleveland-based Hyde Park Prime Steakhouse has agreed to occupy 8,000 square feet in the building’s corner space at Illinois and Market streets, joining Giordano’s pizzeria on the ground floor.
Milhaus making move to Fletcher Place
The local developer will move April 27 to its new office on Virginia Avenue. The property that Milhaus bought dates to 1876 and is known as the former Shirley Engraving building.
Simon raises earnings guidance after strong first quarter
Indianapolis-based mall owner Simon Property Group reported higher profit and revenue on improving occupancy and rents at its properties.
Downtown TIF district awash in cash
The Indianapolis downtown TIF district is so flush with cash that the mayor can cover all its debt payments, fund two layers of reserves, and still have tens of millions to spend at his discretion.
Fast-fire pizza chains preparing to blitz Indy area
A pizza war is heating up in Indianapolis. Additional players in the new and trendy fast-fire sector are charging into the area.
Rivoli Theatre, medical museum on Indiana endangered list
The Rivoli Theatre and the Indiana Medical History Museum in Indianapolis are among 10 places on this year's most-endangered places list from the not-for-profit historic protection group Indiana Landmarks.
Hampton Inn slated for Keystone at the Crossing
Construction on the 125-room hotel, part of PK Partners’ $80 million mixed-use development, should start later this year with an opening in 2016.
Giordano’s coming to downtown’s Illinois Building
Just three months after arriving in Indianapolis, popular pizza chain Giordano’s is opening a second location in the city, in the downtown building undergoing a major renovation.
Menard to build northeast-side store on vacant-hotel site
The Wisconsin-based home improvement retailer will build a bigger store near Interstate 465 and Pendleton Pike to replace one nearby at Pendleton Pike near Shadeland Avenue.
Airport seeks developers for 550 acres of land
The Indianapolis Airport Authority is seeking master developers for almost 550 acres, including a large open parcel of land with frontage on Interstate 465 and several parcels facing West Washington Street.
Airport to keep fabric in multimillion-dollar garage-roof fix
The Indianapolis Airport Authority could spend up to $6.5 million designing and building what it hopes is a solution to a parking garage canopy that has failed twice in four years.
Indiana may build $25M archive on downtown canal
Indiana is working on plans to build a $25 million state archives building on the Central Canal downtown, taking up green space and adding another institutional user to the Canal Walk. The canal site, across from the Indiana History Center, beat out three other locations the state evaluated.
Fees in northern suburbs repel food trucks
For the most part, mobile food vendors stick to downtown Indianapolis. More than 100 are licensed to do business in Marion County.
Irrepressible Biglari runs a meeting like no one else
Sardar Biglari fielded questions from shareholders until they ran out of things to ask. He talked about the smallest details of the company’s businesses, from the way Steak n Shake makes its milkshakes to the number of ad pages its men’s magazine, Maxim, sells.
Ball State architecture program holding its own
Years after the Great Recession battered construction, and consequently the architecture profession, the state’s largest architecture program survived by pitching itself as a top-flight school.
With moratorium looming, filings surge for new gas stations
Since early March, when city officials announced plans to establish the moratorium in commercial areas adjacent to neighborhoods, the Indianapolis Department of Code Enforcement has received 18 applications to build at locations that would be subject to the ban.
Indiana House sends construction wage law repeal to governor
The bill repealing the state law that sets wages for public construction projects is on its way to Indiana Gov. Mike Pence after his strong push for the measure.
Macerich faces investor pressure after spurned Simon offer
Land & Buildings Investment Management is teaming with fellow activist firm Orange Capital to push for changes at Macerich Co., the mall owner that rejected a $16.8 billion takeover bid from Indianapolis-based Simon Property Group Inc.