Butler picks developer for $45M campus project
Butler University trustees have picked locally based Keystone Group to build a parking, retail and residential project on campus between Clowes Hall and Hinkle Fieldhouse.
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Receiver appointed to manage troubled Century Building
A Marion Superior Court judge has appointed a receiver to manage the seven-story building in downtown Indianapolis that is facing foreclosure. A lender to the building’s owner claims it is owed $10.5 million.
Drop in funding worries Indiana preservationists
The amount of money awarded through the state's Historic Preservation Fund has dropped nearly $100,000 over the past year.
Settlement allows Broadbent to keep downtown HQ
The Indianapolis developer will continue to own its corporate headquarters at 117 E. Washington St. after reaching a settlement with two banks that had filed a lawsuit to foreclose on the building.
Finish Line boosts earnings outlook on Macy’s deal
The Indianapolis-based athletic apparel retailer expects its sales to grow by $250 million to $350 million a year as a result of a deal with Macy’s Inc. to become the department store chain’s exclusive athletic footwear partner.
Big names competing for Butler project
Butler University is finalizing plans for a mixed-use parking garage project near Clowes Hall that would include neighborhood retail and housing and might cost as much as $45 million.
Kennedys sell interests in running store chain
Bob and Melina Kennedy have sold their assets in BlueMile, a chain of running and fitness stores they founded 12 years ago as The Running Co. Co-founders Ashley and Andrea Johnson are now sole owners.
Nature Conservancy HQ gets top green certification
The Nature Conservancy's energy-efficient Indiana headquarters has been certified with a top energy rating for innovations that include three wind turbines.
Women’s retailer plans $37M expansion, 242 jobs
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
HHGregg shares slide as company abandons Michigan plans
The stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after the company disclosed that it is postponing plans to open stores in Michigan.
Court rules Steak n Shake broke pact with ad agency
A District Court in Indiana this week ruled that Steak n Shake in 2009 breached its $4.36 million contract with its former advertising agency, Georgia-based Varnson Group.
VIDEO: Work on Fashion Mall at Keystone enters home stretch
Much-anticipated upgrades to the high-profile Fashion Mall at Keystone will be ready for shoppers by mid-November. Mall owner Simon Property Group provided a sneak peek on Wednesday of work under way.
Biglari agrees to antitrust fine in Cracker Barrel deal
The chain-restaurant operator that owns Indianapolis-based Steak n Shake has agreed to pay $850,000 to settle procedural antitrust violations stemming from its purchase of shares in Cracker Barrel Old Country Store Inc.
Tutwiler auto dealership closes after 48 years
Tutwiler Automotive had long been known as Tutwiler Cadillac before changing its name two years ago when its General Motors franchise agreement expired. The dealership closed Saturday.
Fishers Marketplace gets new life under Thompson Thrift
A high-end apartment project and neighborhood retail center are scheduled to break ground soon as the first components of the retooled Fishers Marketplace development at State Road 37 and 131st Street.
Owner of Kahn’s Fine Wines puts real estate up for sale
The owner of Kahn's Fine Wines & Spirits is trying to sell two buildings where it operates, one downtown and another along 86th Street at Township Line Road.
Billie Creek up for auction after sealed bids fail
The Parke County historic site's land, buildings and antiques will be auctioned publicly on Oct. 20 during the county's Covered Bridge Festival.
Senior housing slated for old Lawrence school building
The Whitsett Group plans to invest $6.5 million to convert the building on East 46th Street into 60 senior housing units. The Lawrence Township school district put the structure on the block, and Whitsett submitted the winning bid.
New Denison CEO puts parking firm on growth tear
Perry Griffith, the scion of the Griffith family’s Denison Parking empire, is handing the CEO reins to the executive who helped him expand the Indianapolis company to 10 other states in as many years.
Noble Roman’s takes on take-and-bake format
Noble Roman’s Inc. has baked up an idea to expand its franchising opportunities nationwide and dramatically increase revenue. The Indianapolis-based pizza company is rolling out plans for a stand-alone, take-and-bake concept designed to rival Papa Murphy’s.