Carmel seeing flurry of new restaurants
Several new restaurants have either opened or are planning to open in Carmel, including a new Hawaiian-inspired cafe, a triple-concept eatery, a library coffeehouse and a milkshake shop.
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State planning $35M archives building on Indianapolis’ near-east side
After a years-long search for a compatible site, the state intends to build the 50,000-square-foot building on state-owned land in a primarily residential area.
Developer teeing up big residential district on north-side golf course property
Buckingham Cos. hopes to construct nearly 450 residences with a mix of single-family homes, townhouses and apartments on the property on East 96th Street.
IMS plans new building for driving experiences, non-race events
BMW’s M Driving Experience Center will include a showroom, classroom areas, a conference room and direct access to the IMS road course.
Redevelopment of Shelbyville’s public square nears completion
With landscaped islands of greenspace, trees, benches, decorative walkways, and the refurbished Joseph Fountain and “Bears of Blue River” statue, downtown Shelbyville already is starting to draw more curious pedestrians—and more customers, retailers say.
Long-tenured downtown Japanese restaurant to close in December
The restaurant at 148 S. Illinois St. is family-, women- and minority-owned, according to an announcement of the closure. Its owners say they plan to return with a new project soon.
Sales of Indianapolis-area existing homes see September decline
Sales in central Indiana fell for the second time in three months last month as prices continued to escalate and inventories remained low.
Two-building spec distribution development set for Greenwood
The 708,000-square-foot Indy South Logistics Center will be constructed at 955 N. Graham Road, just east of Interstate 65 and south of County Line Road.
Developer puts Mass Ave office building across from Bottleworks under contract
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
Experts worry summer’s robust restaurant industry rebound was ‘an artificial sugar rush’
More than half of 4,000 restaurant operators surveyed in September by the National Restaurant Association say that business conditions are worse now than three months ago.
Pizza competitor comes to the rescue after Some Guys’ oven breaks down
“When I heard that they were having trouble with their oven, and it just didn’t appear to be repairable, I just felt kind of compelled to go, ’Hey, we got one,’” said Puccini’s Pizza & Pasta co-owner Don Main.
City officials rethinking BlueIndy sites, but not for parking
The city will release a request for proposals to developers to repurpose 29 of the 89 former charging-station sites before the end of the year, according to the Department of Metropolitan Development.
Shimmering hotel, office center planned along downtown’s Canal Walk
Featuring an exterior of clear and light-colored glass, the building would replace the current headquarters of the American College of Sports Medicine while giving the group a new home.
Mass Ave tavern Liberty Street makes its last call
The Mass Ave bar known for its vast selection of bourbons and whiskeys has closed after seven years in business.
Here’s a peek at downtown’s newest hotel before it opens in October
The $35 million boutique hotel at 141 E. Washington St., at the corner of Delaware Street, will open in a remodeled 60,000-square-foot building that was constructed in 1969 for State Life Insurance Co. and was the home of local law firm Riley Bennett & Egloff from 2003 to 2019.
Books & Brews chain losing Carmel location, down to 5 stores
The Carmel store opened in City Center in 2017 as the first franchise for Indianapolis-based Books & Brews.
Rad Brewing Co. going out of business
Rad Brewing Co.—which was known as Flat12 Bierwerks before being acquired two years ago—plans to close for good in late November, according to owner Jason Wuerfel.
Group tackling housing affordability on near-north side with $15.5M apartment project
The development at 22nd Street would keep rents low for tenants while providing nearly free space for initiatives focusing on career building, mental health and substance abuse.
Fishers District retail area, apartments sold to Chicago firm in ‘landmark’ deal
Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”
Hyde Park marks pivot in Noblesville approach
Noblesville-based Bedrock Builders Inc. is embarking on a $142 million, 274-acre, master-planned, multi-use development smack in the middle of the city’s Corporate Campus.