Private equity fund buying iconic Frisch’s Big Boy chain
Frisch's Big Boy restaurants are being sold to a private equity fund, ending family ownership of a Cincinnati-based chain that dates to 1948.
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Hamilton County training center plan spawns squabble
Commissioners are pushing to build a public-safety training campus that might eventually cost more than $40 million.
Upscale steakhouse to revive historic Maryland Street building
Cleveland-based Red The Steakhouse is slated to take the street-level space at 14 W. Maryland St. Also downtown: Georgia Reese’s Southern Table & Bar will begin welcoming patrons on Friday.
Downtown monument repairs should be finished in June
Scaffolding has been up around the lower levels of the 113-year-old Soldiers and Sailors Monument since last October as crews have been working to fix water leaks and damage to bolts holding bronze figures in place.
Giant Eagle seeking 500 workers for Carmel supermarket
Giant Eagle Inc. said it plans to hire more than 500 workers to work at the massive Market District grocery store it is building in Carmel.
Roundup: Eagle to land on Mass Ave as Front Page closes
The Eagle restaurant for Southern cuisine won’t be moving into part of Stout’s Shoes after all. It has signed a lease to occupy a bigger space just a stone’s throw away.
Justice center developer trying to meet with council members
Preferred vendor WMB Heartland Justice Partners is hoping to resurrect the $1.6 billion project and see it pass the City-County Council on June 8, but a hastily called meeting with council members has the potential to violate the Open Door Law.
Cannon IV puts downtown HQ property on market
The longtime distributor of printing cartridges hopes to fetch $3.3 million for the nearly 3-acre site in the Cottage Home neighborhood. It hopes to stay downtown but in smaller digs.
Sun King’s Fishers brewery could be delayed to 2018
The Fishers City Council might vote on a resolution Monday night that would extend the economic-incentives deal for the proposed destination brewery and tasting room by two years.
Up-and-down year continues for home builders
Builders filed 492 single-family permits in the nine-county metropolitan area in April, the Builders Association of Greater Indianapolis said Friday. That's a 10-percent decrease from April 2014.
HHGregg shares fall 10 percent after disappointing report
The Indianapolis-based appliance and electronics retailer on Friday posted a quarterly loss of $25.2 million as sales for store locations open at least a year declined 10 percent.
Flaherty shopping stake in Axis development
Flaherty & Collins Properties already is selling a stake in its brand new downtown Axis at Block 400 apartment development to cover expensive cost overruns on the project.
Business plan for 21c built on ‘aggressive’ projections
Indianapolis will be the first market where 21c Museum Hotels LLC competes with established art-centric hotels. Yet the company is so bullish about its future here that it expects to outperform its peers by more than 50 percent.
Banks shuffle downtown Indy locations
Centier Bank intends to fill the downtown office space to be vacated by First Financial Bank, which recently opened elsewhere downtown.
Changes afoot at Angie’s List go way beyond exit of CEO
Angie’s List could hardly be at more of a crossroads, with its longtime CEO departing, its massive east-side Indianapolis expansion withdrawn, and its business model undergoing a tectonic shift.
Central Indiana home sales show slight monthly increase
Area home-sale agreements are up 8.9 percent through the first four months of the year compared with the same time period last year.
Former Star building starts to come down
The developer of the mixed-use Pulliam Square project intended to salvage most of the building, but as IBJ reported last month, ultimately chose to demolish the structure.
Bridge work to close downtown interstate ramp
A bridge repair project will soon shut down a ramp linking Interstates 65 and 70 near downtown Indianapolis for two months.
Upscale steakhouse coming to Maryland Street building
Cleveland-based Red, the Steakhouse has agreed to occupy the ground level of the building at 14 W. Maryland St., last home to 14 West Restaurant and Suites.
U.S. retail sales unchanged in April
The retail sales report also raises the possibility that nasty winter weather can't entirely explain the recent lackluster consumer spending in prior months, since the anticipated spring rebound has not materialized.