Area home sales suffer first annual slide since 2010
Existing home sales in the Indianapolis area fell 2.6 percent in 2014, breaking a string of three straight annual increases, real estate agency F.C. Tucker Co. said Thursday morning.
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Indiana Senate panel endorses farmland tax relief bill
The Senate Agriculture Committee voted 6-0 on Monday for a bill that would require property assessors to use 2011 soil-quality figures in this year's land-value determinations.
Green BEAN grows to Tennessee market
Expansion to the southeast marks the first move outside the Midwest for the organic-produce and grocery-delivery firm.
Central Indiana homebuilders have best year since 2007
Homebuilding activity slowed slightly in December, but 2014 still turned out to be the busiest one for builders in the area in seven years.
Blight-elimination bill targets tax-sale investors
Sen. Jim Merritt hopes that his bill would make tax sales a less attractive haven for investors, who he said lack incentives to maintain abandoned and vacant property.
Roundup: Vitality Bowls, Corner Bakery among Carmel debuts
Eateries set to open in Carmel in the next few months include Vitality Bowls and Corner Bakery Cafe, while Thai Paradise launches in downtown Indianapolis.
Fire tears through $35M Fishers apartment project
Hamilton County firefighters battled a major blaze Tuesday morning that spread through a $35 million apartment complex that's under construction in Fishers at State Road 37 and 131st Street.
Metropolis getting name change as part of potential $9M makeover
The new name should coincide with the completion later this year of a major makeover to the west-side mall, which the owner hopes to undertake with financial assistance from Plainfield.
Panel postpones action on bill to limit local livestock rules
Senate Bill 249, if passed into law, would ban communities from adopting an ordinance preventing the construction of livestock facilities.
Prominent jeweler retrenches after auction of inventory
Despite an auction of inventory to satisfy a debt, Aronstam Fine Jewelers is in no danger of closing, the store’s owner says, thanks to the help of outside investors.
Clark Appliance preparing to liquidate inventory
The liquidation follows last month’s closing of the high-end appliance retailer’s store in Castleton and comes after a failed attempt to reorganize.
Update: Restaurateur gets go-ahead on Amici’s project
The Indianapolis Historic Preservation Commission signed off on Mike Cunningham’s plans for the downtown restaurant site, which include renovation of the existing building and construction of a new structure.
Westfield’s next big bet: $25M downtown plaza
Westfield city leaders are making downtown a priority in 2015, aiming to start work on an urban park with a festival plaza and outdoor stage.
Lids falters in expansion beyond headgear
Sales for Indianapolis-based Lids Sports Group have been so disappointing that parent Genesco Inc. within the past six months has twice cut its fiscal 2015 full-year earnings, from a high of $5.55 per share to a low of $4.75 per share.
In Biglari’s latest showdown, he’s not the rabble-rouser
Minneapolis-based Groveland Capital LLC has filed notice that it will seek to replace Sardar Biglari and Biglari Holdings Inc.’s other five directors with its own nominees at the company’s annual meeting.
Local developer plans to raze homes for Broad Ripple apartment project
The $5 million, 24-unit project would be built on Winthrop Avenue just west of the Monon Trail, where five rental homes would need to be demolished.
Three Indy-area Wet Seal stores part of mass closings
The Circle Centre and Hamilton Town Center locations of struggling teen clothing retailer Wet Seal are among 338 stores that closed as of Wednesday.
HHGregg expecting drop in year-end sales
The Indianapolis-based appliance, electronics and furniture retailer anticipates a 6-percent decline in sales for its quarter ended Dec. 31, despite strong e-commerce growth.
Not-for-profit on east side eyeing expansion
Outreach Inc. wants to construct a 16,000-square-foot building at the intersection of East New York Street and Keystone Avenue to serve the growing number of homeless teens.
Trailblazing hotelier eyes Indy for new lodging concept
Jack DeBoer, a Kansas-based businessman known as the creator of the extended-stay hotel, is bringing his hotel/apartment hybrid to Indianapolis.