Teen retailers get the cold shoulder for holidays
Teen retailers are facing ho-hum results at a time when overall U.S. retail sales are up 5.1 percent over the past 12 months, the Commerce Department said Thursday.
Real Estate
Articles
East-side battle over gas station plan rages on
The property owner at 10th and Emerson is ready to present an alternative design that might not need any variances, much to the chagrin of his opponents.
Flaherty & Collins plans Kokomo apartments aimed at commuters
The Indianapolis-based developer has attracted city and state subsidies to build an upscale apartment development in Kokomo that will cost more than $20 million.
Live Nation reaches agreement to buy Old National Centre
The entertainment promoter, which already manages the historic building and performance venue by Mass Ave, has a pending deal to buy it from the Murat Temple Association.
High court: No pay for Amazon warehouse security checks
The unanimous ruling Tuesday is a victory for the growing number of retailers and other companies that routinely screen workers to prevent employee theft.
New welcome sign gets mixed reviews in Seymour
Love it or hate it, the new Seymour welcome sign along Interstate 65, which was designed by an Indianapolis-based firm, is causing a lot of buzz.
Q&A: Cummins CEO says firm scoped 10 sites for unit HQ
Officials of the Columbus, Indiana-based company even toured the old GM stamping plant before selecting the former Market Square Arena site.
Finish Line business-development executive resigns
Mark S. Landau, who had served as the company’s chief business development officer since January 2012, has resigned.
Design plans to renovate Assembly Hall approved
The $35 million project is to include a revamped south lobby, interactive displays, an event suite, box seating, and an outdoor plaza connecting the arena to Cook Hall.
IU trustees to vote on Assembly Hall renovations
Plans for the arena call for replacing the existing south lobby, adding a box seat club on the concourse level, improved lighting, and renovated concessions and restrooms.
Simon headquarters repairs spur blame game
Simon Property Group Inc.’s downtown headquarters is showing signs of structural damage, and building contractor Duke Construction Limited Partnership blames the problems on design flaws by CSO Architects Inc.
Fishers group snags $2.4M grant for assisted living project
The federal funding will enable AHEPA to convert 24 of 74 units at an area apartment complex into assisted-living housing for low-income disabled seniors.
Struggling Sears reports bigger quarterly loss, lower sales
Retailer Sears Holdings Corp, which closed four stores in the Indianapolis area this year, is on track to post its eighth annual revenue drop and its fourth annual loss.
Roundup: Redemption, Twin Peaks and R2GO opening
New microbrewery Redemption Alewerks is opening on East 96th Street in space formerly occupied by Blue Crew Sports Grill, and Twin Peaks is set to breathe new life into the long-vacant Loon Lake Lodge building.
Third-quarter commercial real estate statistics for Indianapolis
Check out the details of office and industrial markets.
Tech-savvy millennials still making malls social destinations
The future of malls looks quite bright despite the rise of online shopping.
City, Simon strike deal to keep Circle Centre anchor
Under terms of the deal, Carson Pirie Scott will save $300,000 annually through the next three years under a rent reduction at the downtown store.
Cummins debuts design for 10-story downtown tower
Officials for the Columbus-based engine maker are planning a $30 million development, including 164,000 square feet of office space, a conference center, parking garage and lots of public greenspace.
Backers making new push for Sunday alcohol sales
The Hoosiers for Sunday Sales coalition is starting a campaign Tuesday to build support for legislation that would allow such sales in groceries, pharmacies, and liquor and convenience stores.
Former Colt Brackett bringing Georgia Reese’s downtown
The upstart restaurateur will take street-level space in McOuat Place just south of Monument Circle for the second incarnation of his Southern comfort-food concept.