Bicentennial plaza planned by Statehouse
With the future of a state-owned downtown parking lot in limbo, Indiana is looking to a smaller space on the west side of the capitol as the site of a public plaza to commemorate the 2016 bicentennial.
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HHGregg shares fall on disappointing quarterly results
The company lost more than $10 million in its latest quarter as it saw comparable-store sales fall in every product category except home products.
Traffic lanes would shrink under plan to overhaul Circle
Officials charged with overseeing a $60 million project to make Monument Circle and surrounding streets more pedestrian friendly will unveil design plans to the public Nov. 5.
Duke Realty reports higher profit, revenue for third quarter
The real estate developer of commercial properties posted increases due to higher occupancy and growth in rents.
St. Louis furniture retailer plans expansion into Indy
Weekends Only Furniture Outlet, which has five stores in the St. Louis area, plans to make its first expansion outside of its home market by opening a 92,000-square-foot store in Castleton.
Broad Ripple project gets green light from court decision
The developers of the $30 million apartment-and-retail project on the Central Canal are prepared to move forward now that the Indiana Court of Appeals has dismissed a challenge to the development.
Villaggio retail spaces up for auction following foreclosure
The developer of the condo project on Virginia Avenue defaulted on the balance of an $11.6 million loan, prompting the sale of the ground-floor storefront units.
LISC aims to turn dormant industrial sites into job-creators
Local Initiatives Support Corp. has unveiled the results of a year-long study to identify the best uses for vacant industrial properties and what areas of the city need the most attention. Topping the list: the East Washington Street corridor.
Humane Society takes Steak n Shake fight to shareholders
The Humane Society has set its sights on Biglari Holdings, the firm that owns Indianapolis-based Steak n Shake, saying it has ignored requests to adopt animal welfare methods like its competitors.
U.S. home sales eke up in September, credit stays tight
Average 30-year mortgage rates have tumbled below 4 percent, but it remains difficult to qualify for financing.
Clark Appliance files Chapter 11 bankruptcy protection
In a letter to customers, company president Bob Clark said he has no intention of closing the 100-year-old business and is working to finalize a deal for financing to continue operating.
Meijer drops rezoning request for proposed Glendale store
The retailer had filed plans to rezone nearly an acre along East 56th Street and Keystone Avenue for a 200,000-square-foot store, which neighbors argued would bring too much traffic to the area.
Circle Centre bulking up street-side dining
Two more restaurants are set to join Yard House in vacant Circle Centre mall space along Maryland Street.
Rise in home prices in U.S. beats estimates
U.S. home prices rose more than economists estimated in August as employment growth fueled demand for housing.
Splash park, ice rink part of top design for City-County Building plaza
The winning design was submitted by a Baltimore firm, whose project would cost $12.5 million to build. The city and the Central Indiana Community Foundation have begun fundraising efforts to pay for it.
There’s an app for booze delivery coming to Indy
Retailer Big Red Liquors is expected to announce a partnership Thurday with Boston-based mobile-software startup Drizly to offer alcohol delivery service to consumers in the area.
Home once occupied by Army brass now houses local movers, shakers
Former officers quarters at Fort Benjamin Harrison transformed into home for Pence lieutenant, CIB chief
Simon estate is the latest challenging home listed for sale
If prior sales of expensive one-of-a-kind homes are any guide, the Carmel estate owned by Bren Simon will be difficult to sell for anything near its asking price of $25 million.
Simon profit dips but outlook improves
Simon Property Group Inc. on Wednesday said its third-quarter profit fell due to recent costs related to refinancing its debt, but that otherwise performance for the quarter was strong.