Washington Square owner Simon not paying on $12.8M loan
Traffic is low and vacancies are high at Washington Square Mall, the most troubled local property for Indianapolis-based mall giant Simon Property Group Inc.
Traffic is low and vacancies are high at Washington Square Mall, the most troubled local property for Indianapolis-based mall giant Simon Property Group Inc.
The End of the Line Public House will replace the Shelbi Street Cafe.
Literacy group seeks more visibility, outlet for used book donations.
Metrics make a difference in health care facilities.
Officials for Ripken Baseball Inc., which operates two of the country’s top youth baseball facilities, are considering Indianapolis as a location for a major complex that could cost up to $20 million to build and draw thousands of players and spectators each year.
The developer of downtown’s Cosmopolitan on the Canal is nearing a deal to sell a stake in the building to an investor in a move that could free up capital to launch a $24 million second phase.
A new restaurant called The End of the Line Public House is set to replace Shelbi Street Cafe & Bistro in the Fountain Square Theatre building. Plus, more restaurant news.
Four package liquor permits in the county west of Indianapolis fetched a total of nearly $1 million, roughly a quarter of the $3.8 million the state netted during an auction of 279 new alcohol permits in Indiana.
The deal is the latest sign of turmoil in the health club industry, which is consolidating after a spurt of overbuilding.
The Town of Fishers this week unveiled plans to build a new outdoor amphitheater and multipurpose trail in its downtown district along 116th Street.
The Indiana-based footwear and accessories company reported Thursday that its earnings rose to $10.5 million for the period ended Oct. 29, up from $9.1 million a year ago.
A real estate brokerage picked by the city to spearhead redevelopment of a prime Mass Ave parcel occupied by the Indianapolis Fire Department stands to collect a million-dollar-plus payday if it closes the deal.
Three local strip centers owned by longtime Indianapolis developer Centre Properties are the target of a $43 million foreclosure lawsuit brought by the real estate firm’s lender.
Minnesota-based Life Time Fitness is buying the two sites that will remain open. One is in Fishers and the other is near 96th and Meridian streets in Indianapolis.
The Indiana Court of Appeals ruled Bren Simon doesn’t have legal standing to challenge a judge’s decision not to recuse himself from overseeing the court fight over her late husband Melvin’s $2 billion estate.
Indianapolis-based retailer Finish Line is fighting a lawsuit by five women who say their former store manager secretly recorded them in the bathroom and dressing room.
Indianapolis-based Ace Rent A Car expects boost in business after topping big national competitors for first time in J.D. Power and Associates survey.
Farmland values in the U.S. Midwest surged 25 percent during the third quarter, the most since 1977, as higher grain and livestock earnings boosted demand for acreage, the Federal Reserve Bank of Chicago said.
Florida-based Lifestyle Family Fitness plans to close two of its facilities in Indianapolis—at 82nd Street near Dean Road and along Shelby Street just south of Stop 10 Road—by the end of November.
With an $80,000 nut and some luck with bank loans, D.J. McCallister has beaten staffing woes and an unforeseen sales slump to make newcomer Black Swan Brewpub a break-even enterprise.