The Roost to take Sahm’s Ale House spot in Nora, offer breakfast-brunch
Sahm’s Restaurant Group will focus on eggs and pancakes at The Roost, with lunch and dinner available next door at its Big Lug Canteen brewery.
Real Estate
Articles
Developer submits incentive request for $200M project at Lafayette Square
The city on Wednesday confirmed it has received an incentive application from Sojos Capital LLC for tax-increment financing but declined to provide additional details.
Vast portfolio of Indy-area commercial buildings sells for $98M
A pair of Southern California firms bought the properties—which total just over 1.1 million square feet—in a deal with Indianapolis-based Mann Properties LP that quietly closed in late 2021.
Rents are up 14% nationwide, forcing millions to find another place to live
In Indianapolis, rents increased 9% last year, to $1,280 per month. But in some cities, rent jumped by more than 40%.
City seeks new uses for old jail buildings downtown
Indianapolis hopes to spur development with a request for development proposals for historic buildings at 752 E. Market St. and 730 E. Washington St.
Area residential real estate market sees rising sales, soaring prices in 2021
Sales of existing single-family homes in central Indiana slowed in December, but 2021 was a solid year for the residential real estate market despite high prices and shrinking inventories.
1205 Distillery plans Lebanon location, increased production
The tasting room and production site near the Boone County Courthouse will become third 1205 Distillery location, joining sites in Fletcher Place and Westfield.
Iowa-based grocery chain Hy-Vee plans 150,000-square-foot store in Zionsville
Company announces it is finalizing plans to secure 26 acres of undeveloped land along Whitestown Parkway.
Torchy’s Tacos planning to open Fishers location in March
Torchy’s, which launched as a food trailer in Austin in 2006, opened its first Indiana restaurant last April in Jeffersonville.
Central Indiana homebuilders see busiest year since 2005
Eight of the nine counties in the Indianapolis area saw a year-over-year increase in single-family building permit filings in 2021.
Companies rewriting future of the workplace, again, amid new wave of COVID
Employers see this as an opportunity to rethink the way employees have traditionally worked, opting for even more flexible and creative arrangements that are more likely to lure and retain workers.
Nearly $15M townhouse project slated for spot where Meridian-Kessler meets Monon
In the latest of a slew of projects planned by local developer Onyx+East, more than 50 units in the high $200,000s to the low $400,000s are planned by the trail’s intersection with 46th Street.
Crackers Comedy Club plans revival after sharing news of its demise
After saying last week that the 40-year-old stand-up club was history, owner Ruth-Anne Herber announces a change in plans.
IBJ Podcast: How the sale of Christel DeHaan’s estate could expand her legacy
Host Mason King talks to the real estate agent who has listed Christel DeHaan’s estate for $14 million, in addition to Christel House International CEO Bart Peterson and Christel DeHaan Family Foundation President Mark Willis about the impact of a sale.
Vinyl record plants struggle to keep up with resurgent demand
Although online streaming accounts for most music-industry revenue, vinyl pressing plants can’t keep up with the renewed desire for records—the format considered obsolete after the rise of compact discs in the late 1980s.
Q&A with Ron Jordan, dishing out pizza and empowerment
Columbus, Ohio-based Jordan Hospitality Group recently acquired all 21 Indiana locations of Donatos Pizza, making it the pizzeria’s largest franchise partner in the country. Owner Ron Jordan says he plans to open as many as 10 more restaurants across the state over the next five years.
Community leaders form land trusts to tackle affordable housing shortage
A wide range of neighborhood organizations and residents think they’ve found an approach that could keep property affordable indefinitely.
Crumbl Cookies continues local expansion with Carmel store next on list
The Utah-based gourmet cookie franchise arrived in Indiana with five stores in 2021, starting with a Fishers location a year ago.
City taking redevelopment proposals for City Market wing, Jail II, Arrestee Processing Center
The Department of Metropolitan Development on Thursday released two requests for proposals covering the three structures to developers.
Crackers closes, ending 40-year run as local stand-up comedy destination
Owner Ruth-Anne Herber said the club, which presented early-career performances by Jay Leno, Garry Shandling and Bob Saget, can’t overcome financial challenges.