Toy Pit collectibles store plans move to 38th and College
The Toy Pit, founded by Fort Wayne native Mike Schott, sells collectibles and toys dating from the 1970s to the present.
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United Art and Education store exits Castleton after nearly 30 years in business
An Indiana-based art and classroom supply company that had two Indianapolis retail outlets at the beginning of 2024 now has zero.
Surack buys downtown Indy hotel to put damper on Hogsett’s plans for heliport
Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.
Reimagined Pleasant Street has been 44 years in the making
In total, the $113 million, three-phase Reimagine Pleasant Street project involves extending, realigning and expanding Pleasant Street into a 2-1/2-mile corridor from State Road 32 to just west of State Road 37.
Four Finger Distillery announces exit from Fletcher Place building
Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building’s owner for its upcoming Fletcher Place exit.
Illumine Coffee Co. joins downtown’s booming cafe landscape
Illumine will open a location at 11 S. Meridian St., taking over a spot previously occupied by a Hubbard & Cravens Coffee and Tea shop.
Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain’s sale
A U.S. bankruptcy judge on Thursday approved the casual seafood chain’s reorganization plan, which includes a lender group led by asset manager Fortress acquiring the business.
Plans to replace downtown CSX building with hotel, concert hall given go-ahead by historic commission
The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously approved by the Indianapolis Historic Preservation Commission after about a half-hour of presentation and discussion.
Retailer Burlington set to open this week in downtown Indianapolis
The 23,000-square-foot store will take over space in the lower level of Claypool Court previously occupied by the Rhythm! Discovery Center.
Hair care, streetwear stores the latest additions to St’Artup 317’s roster
St’Artup 317 is a short-term showcase for businesses on the path to becoming long-term tenants elsewhere in the city.
Capital Improvement Board set to buy Pan Am Tower for $10.5M
The CIB is buying the property as a strategic acquisition tied to the ongoing redevelopment of Pan Am Plaza.
Greenwood sees surge in new restaurants, retailers
Several new eateries and retailers have either opened or are set to open in Greenwood or in the nearby area, including a pair of Asian restaurants and a Mexican eatery.
Butler University to convert Ross Hall into upscale hotel instead of demolishing it
Plans now call for the residence hall to be redeveloped into a 105-room hotel that will operate under Hilton Worldwide Holdings Inc.’s upscale Curio Collection flag.
Prema Racing preparing to open Fishers racing shop in November
Italy-based Prema Racing plans to join the IndyCar Series in 2025 as a two-car team with Chevrolet.
Proposed downtown hotel, residential tower gets new look in latest design
Indianapolis-based TWG Development has overhauled its design for the skyscraping tower planned at 222 N. Alabama St., immediately north of Old City Hall and considered the bulk of the $264 million redevelopment project for the west side of that block.
New Broad Ripple mural of Mpozi Tolbert is crowdfunding campaign’s goal
In addition to bringing back the tribute to Mpozi Tolbert, organizers want to install a new mural commemorating Ron “DJ Indiana Jones” Miner.
Andretti Global racing makes progress on new HQ building
Andretti Global’s new headquarters in Fishers is a steel skeleton in the middle of a dusty field, but the motorsports giant’s future home is starting to come into focus.
Soccer stadium funding plan relies on development pipeline
More than half of the expected developments within the district the city has designated as a professional sports development area, or PSDA, have yet to break ground.
Corteva opens $30M seed distribution center in Anderson
The 300,000-square-foot facility will receive and distribute primarily corn and soybean seeds that will eventually end up on Indiana and Ohio farms.
Mayor’s budget plan proposes $50M infrastructure TIF for downtown projects
The bonds could be used to help fund a list of downtown projects, including improvements to Georgia Street and multiple downtown underpass projects.