Existing home sales continue dismaying trend
Figures for May add to evidence that about 14 percent fewer homes are selling this year in the nine-county area compared with the same point in 2013. But sale prices still are on the rise.
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Dunaway’s restaurant building up for auction
The downtown building that has housed Dunaway’s restaurant for more than 15 years is on the auction block, likely signaling the end of the upscale eatery.
Noblesville firm plans $3M East 16th Street investment
Slane Capital is developing the project for Better Retail, which plans to move its headquarters from Hamilton County while converting the dilapidated structure just east of the Monon Trail into a hub for food-and-beverage startups.
MCL stays fresh as cafeteria rivals slide into decline
The company that Charles O. McGaughey and his partner, George Laughner, started in 1950 has outlived thousands of Indiana restaurants—chains and mom-and-pops alike—and remained profitable through the changing tastes and trends of seven decades.
Biglari name becomes part of downtown landscape
The owner of Steak n Shake has affixed its name to the Ober Building, where the restaurant’s HQ moved late last year.
Bloomington puts new rules on chain businesses
The City Council voted Wednesday night to require what it calls standardized businesses seeking to open a downtown storefront to obtain a special zoning permit.
Goodwill strays from tradition to open vintage clothing store
Goodwill opened its first Vintage Vogue by GW store in Bloomington and now is bringing the boutique-style concept to Indianapolis. The store in the Glendale area opens Tuesday.
Remodelings might await boomers wanting to stay in their homes
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
Roberts leaving downtown location as part of $2.5M expansion
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
Former Colts player set to open soul food restaurant
Gary Brackett, who played nine seasons for the team at linebacker, plans to open Georgia Reese’s Southern Table & Bar on the northwest side in August.
YMCA set to break ground on $22M CityWay project
The not-for-profit is expected to begin construction on the three-story, 87,000-square-foot downtown facility July 16, with a completion date of December 2015.
Lender to bankrupt country club puts on suitor’s cap
The lender for the Hawthorns Golf & Country Club is an affiliate of California-based Concert Golf Partners, which hopes to convert its debt into ownership of the Fishers club.
Housing developer hopes farm hooks new residents
A growing number of housing developers thinks farms, rather than golf clubs, are the perfect hook to lure residents. The first to experiment with the concept in central Indiana is Mike Higbee of Central Greens LLC, with his Seven Steeples Farm on the site of the old Central State Hospital.
Former restaurateur Peter George partnering on small new eatery
George, 60, is targeting an August opening for Tinker Street, a chef-driven and plant-based concept he’s launching with business partner Thomas Main, 56, who also has a restaurant background.
Milhaus to revise design for Mass Ave project
The residential-and-retail development is now the right size, but a city commission would like to see a different mix of materials, among other concerns, before it grants approval.
Fishers OKs tax break for medical building
Cornerstone Cos. plans to locate the $11 million project near Interstate 69.
Tiny Sheridan girds for inevitable growth
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
Peapod sees Indianapolis as big growth market
Peapod Inc. has discovered fertile ground in Indianapolis despite a crowded field of grocery competitors, said Scott DeGraeve, senior vice president at the country’s oldest and biggest online grocery-delivery service.
Chicago staple Giordano’s snags Sangiovese space
The famed stuffed-pizza chain is making a rare foray outside the Windy City in space at the Rivers Edge shopping center long held by upscale Italian eatery Sangiovese.
Stalled project could get boost from Market Square activity
The property at 123 N. New Jersey St. has remained in suspended animation for the past few years after a deal for a seafood restaurant on the site fell apart.