Indiana Landmarks offering restored Victorian cottage
Indiana Landmarks is trying out a new approach to saving endangered residential properties: It renovated and is offering for sale a move-in ready historic home along East Tenth Street.
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HHGregg gets $40M from life insurance on former CEO
HHGregg has collected a $40 million payout from a life insurance policy it took out on former executive chairman Jerry W. Throgmartin, who died in January after a sudden illness.
West-side apartment complex to house veterans
Lincoln Apartments is set to be built on the city’s west side, near the Richard L. Roudebush VA Medical Center. The project will be financed with $11 million in rental housing tax credits.
Castleton Square Mall lands Borders replacement
Forever 21, a privately held California-based chain, has begun converting the roughly 25,000-square-foot former bookstore at the south entrance to the mall and is targeting a summer opening.
Roundup: Forever 21, Hollister, Cheddar’s, Aldi, Jack in the Box, Staples
The latest retail roundup includes a new Forever 21, a shuttered Hollister, new Staples and United Package Liquor stores, and new locations for Cheddar’s Casual Cafe and Jack in the Box.
Indiana legislators OK lifting Sunday cycle sales ban
Indiana's motorcycle dealers will be allowed to buy and sell their bikes on Sundays under a change in state law that legislators have approved.
Speedway’s plan for roundabout hits snag over billboard
The Speedway Redevelopment Commission is threatening eminent domain against Clear Channel Outdoor Inc. because the billboard company won’t relinquish its lease rights at a key intersection.
Office-supply standby Arvey Paper set to close
One of the city's most popular spots to buy paper and office supplies is scheduled to close next month as part of a nationwide consolidation by its parent company.
INSIDE DISH: Gastropub owners get aggressive after big first year
The Local Eatery and Pub in Westfield streaked past break-even point in its first 12 months, leading its relieved but exhausted owners to plan new projects.
Downtown Comfort Suites seeks bankruptcy protection
The hotel, owned by an affiliate of Dora Brothers Hospitality Corp., says its largest creditor is New York-based German American Capital Corp., which is owed $12 million.
Pan Am Plaza redevelopment brewing
The two entities that control the future of Pan Am Plaza have come to an agreement that could lead to the redevelopment of one of the most valuable parcels downtown.
Serial entrepreneur builds more than business
Westfield resident Jenn Kampmeier is a CEO—that’s “chief everything officer” in the get-it-done world of startups—who prefers an even-loftier title: Mom.
New-home construction off to mild start
Building permits filed in the nine-county Indianapolis metropolitan area totaled 194 in January, a 2-percent dip from the same time last year. But industry leaders are cautiously optimistic.
Technology helps Ivy Tech marry new, old construction
3-D scans match former hospital with building plans.
CityWay designed to integrate retail, housing, hotel, YMCA
Architects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
Industrial spec development making a comeback
Speculative development is returning to the modern bulk industrial market after a four-year drought, with at least two projects preparing to break ground this spring and another in the works.
It’s back: Bank hopes to salvage Di Rimini project
The bank that now owns the troubled Di Rimini apartment project wants to repair the building in an attempt to recoup some of the millions it stands to lose on the deal.
Developer plans $15.7M senior-living center on east side
The city of Indianapolis approved the project after accepting Mainstreet Property Group’s offer to purchase the property at 16th Street and Arlington Avenue for $912,500.
Committee to push for safer late-night stores in Indiana
Since 2006, six people have been killed and 27 people have been seriously injured in violent crimes at late-night stores in Indiana.
Historic church for sale in Old Northside neighborhood
The 34,000-square-foot neoclassical building includes a 1,200-seat auditorium renovated in 1995. The limestone structure has been used as a place of worship since it was built in 1912.