Anderson’s Paramount Theatre seeks donations
The landmark Paramount was saved from demolition 25 years ago, but the man who saved it left $800,000 in mortgage debt when he died last month.
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Ownership move delayed for Anderson’s Wigwam gym
Leaders of the private Wigwam Sports & Entertainment group are scheduled to present their proposal for reusing the 9,000-seat gym to the city Redevelopment Commission on Tuesday.
Council to consider citywide landlord registry
Indianapolis landlords would have to register with the city by Jan. 1 or face a $500 fine under a proposal that will be introduced to the City-County Council on Monday night.
Indy’s musical roots remain alive at Jazz Kitchen
For the past 20 years, the Jazz Kitchen has offered live jazz seven nights a week, serving as an incubator for local acts and touring musicians alike.
HHGregg’s board is bullish, but analysts remain skittish
The company scarfed up $49 million of its stock under a buyback program that ran from May 2013 to May 2014. And last month, the company launched a new buyback program, this one for $40 million.
Pedcor angling for $16M subsidy for City Center expansion
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
Shares of Simon spinoff dip in early trading
Simon Property Group has revised its earnings forecast with the Thursday launch of spinoff firm Washington Prime Group.
Library begins plans to pull branch out of Glendale mall
The library’s lease at Glendale Mall doesn’t expire until 2022, but officials are beginning to explore building a branch elsewhere in the area to give it more exposure and accessibility.
Washington Prime shares set stage for NYSE debut
Shares of the fledgling, Indy-based firm hovered just under $21 in advance trading on Wednesday morning, providing a window to its official open Thursday on the New York Stock Exchange.
Late Harvest chef opens barbecue joint in Nora
North End Barbecue & Moonshine, Ryan Nelson’s latest entry on the local culinary scene, offers traditional American barbecue from different regions of the country.
Shares of Simon Property spinoff to begin trading
Washington Prime Group Inc., listed under the “WPG” ticker symbol, will begin trading Thursday. The new real estate investment trust will own 98 retail properties, including 13 in Indiana.
Indiana cities getting money to fight urban blight
Indianapolis, Lawrence, Gary and two other Indiana cities have received a total of about $15 million to help eliminate blighted and abandoned homes.
Cornerstone sinks $4M into Carmel medical office building
The Indianapolis-based developer bought the building on Old Meridian Street early this year from The Spine Institute—its only tenant at the time—and now has the facility fully leased.
HDG Mansur affiliates file Chapter 11 to halt $5.8M judgment
The judgment in a New York court stems from allegations by a Sharia fund that the affiliates stole funds. HDG argued that it charged the additional fees to rectify a billing error.
Judge dismisses wrongful death suit against Kroger
The mother of an Indianapolis man shot at a Kroger by a store manager in what police said was an attempted robbery filed the suit in 2012.
Retailers see stagnating sales of consumer electronics
Already squeezed by tough competition from online retailers like Amazon.com and discount stores like Wal-Mart and Target, retailers like Best Buy and Sears have been cutting costs and revamping merchandise and store formats to attract customers.
Alexander hotel achieves LEED status
The Alexander Hotel at CityWay in downtown Indianapolis has achieved LEED certification from the U.S. Green Building Council.
Ownership switch eyed for Anderson’s Wigwam gym
Officials are working on the details of transferring ownership of Anderson's iconic Wigwam gymnasium to the city as part of the effort to save it.
State scrutiny of Village Pantry safety issues set to end
The convenience store chain has been taking corrective action to better protect employees after the shootings of Indianapolis clerks in 2009 and 2011.
Rezone should aid commercial developers, ease parking pinch
The proposed changes would signify the first overhaul of city zoning rules since 1969 and would rid the code of requirements more apt to be found in suburban locations.