HHGregg shares surge on strong quarterly profit
HHGregg Inc.’s stock price shot up nearly 20 percent late Wednesday morning after the Indianapolis-based appliance and electronics retailer reported strong earnings.
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City’s first Carnegie library set to celebrate 100 years
Marion County's oldest library building will celebrate its 100th anniversary this month. The Indianapolis Public Library branch at 2822 E. Washington St. was one of five libraries in the city built with funds from the Andrew Carnegie Foundation.
Purdue expert predicts modest bump in holiday shopping
American shoppers are expected to open their wallets just a little wider this holiday season, pushing sales up 2 percent to 4 percent, according to an estimate released today by the Purdue University Retail Institute.
New apartments in 2012 on track for a 25-year high
A survey of developers suggests up to 3,438 new units could hit the rental market next year, which would be the highest total since 1987, when central Indiana gained about 4,500 units.
Developer plans $54 million in new apartment projects
A local developer plans to invest more than $54 million to build apartment communities adjacent to the Rivers Edge shopping center in Indianapolis and Metropolis in Plainfield.
Rivers Edge spawns new retail center across 82nd Street
Veritas Realty is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container Store.
Owner launches HVAC business after selling family firm
Larry Howald sold his father’s 40-employee HVAC business to Lennox in 2000 during a wave of industry consolidation. He stayed with the firm for a decade, but has now left to strike out on his own again.
Bush Stadium gets last hurrah
City leaders and economic development officials planned to pay tribute Oct. 28 to Bush Stadium’s historical significance before work begins to convert the venue into loft apartments.
Duke meets market expectations despite quarterly loss
Duke Realty Corp. lost $32.1 million in the third quarter, but managed to meet analyst expectations in a key measurement for real estate investment trusts.
INSIDE DISH: Great Divide bridges Lockerbie past, present
Ralph's Great Divide has staked out an identity as a downtown survivor, making vital changes after its first proprietor's death and weathering a big downturn in sales during the recent recession.
New retail strip proposed near Kite’s Rivers Edge
A local developer is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container Store than Rivers Edge owner Kite Realty Group can accommodate.
International Center CEO downsizes in style
A widow and empty-nester, Diane Thomas makes space count in her ‘little’ 1920s-era home in the Meridian Kessler neighborhood.
Simon boosts forecast as quarterly results exceed expectations
Indianapolis-based shopping mall giant Simon Property Group Inc. reported funds from operations that beat analyst estimates and raised its full-year forecast as income from rents rose.
East 10th Street retail gets a boost
Two veterans of vintage retail are teaming up to open a store on a near-east-side corridor that’s getting renewed attention from the 2012 Super Bowl Legacy Project.
Restaurant roundup: Yo Joy, Which Wich, Wolfies & more
Lots of new restaurants and frozen-yogurt spots are coming to Indianapolis.
Duke Realty selling 82 office buildings for $1.1B
The sale includes buildings with a combined 10.1 million square feet of space in Atlanta, Chicago, Columbus, Dallas, Minneapolis, Orlando and Tampa. None of the properties are in Indiana.
Carmel mayor’s next goal: Build posh, $32M hotel
The principal developer of Carmel’s City Center, Pedcor Cos., is working with city officials on plans for a four-star boutique hotel that likely would cost at least $32 million to build and may require an additional city subsidy.
New downtown restaurants line up to replace old ones
New Orleans on the Avenue, a casual Southern Creole restaurant, is set to take over the vacant former home of Zing at 543 Indiana Ave.
Jillian’s arcade games, bowling alley up for auction
An auction to liquidate the downtown entertainment complex will be held Oct. 26 to sell more than 100 arcade games, a nine-lane bowling alley and 12 pool tables. Jillian’s operators owed the landlord roughly $700,000 in unpaid bills.
Kilroy’s gets liquor approval for Broad Ripple location
The Indiana Alcohol and Tobacco Commission voted 3-0 to give Kilroy’s a liquor permit for the location at 821 Broad Ripple Ave. despite protests from a neighborhood group.