Builder, developer partner in turnaround firm
Providence Homes was started earlier this year by Mitch Davis, 42, a former vice president of the now-defunct CP Morgan Homes; and Brian Mann, 44, managing partner of Mann Properties.
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BJ’s planning new restaurant for Hamilton Town Center
BJ’s Restaurant and Brewhouse plans to build a restaurant at the entrance to Hamilton Town Center.
Thanksgiving weekend retail sales jump to record $52.4B
U.S. retail sales during Thanksgiving weekend climbed 16 percent to a record, as shoppers flocked to stores earlier and spent more, according to the National Retail Federation. Sales totaled $52.4 billion, and the average shopper spent $398.62 over the holiday weekend, up from $365.34 a year earlier.
Shoppers scuffle on earlier-than-ever Black Friday
A shopper in Los Angeles pepper-sprayed her competition for an Xbox and scuffles broke out elsewhere around the U.S. as bargain-hunters started the madness known as Black Friday. In all, 152 million people are expected to shop this weekend in the U.S., and will account for about 12 percent of overall holiday revenue.
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.
New restaurant to anchor Fountain Square Theatre building
The End of the Line Public House will replace the Shelbi Street Cafe.
Indy Reads to open downtown bookstore
Literacy group seeks more visibility, outlet for used book donations.
SMITH: Small steps, big results: gauging design’s impact
Metrics make a difference in health care facilities.
Ripken eyes Indy for major youth baseball complex
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.
Flaherty nears deal for Cosmopolitan investment
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.
New restaurants: The End, Chef Joseph’s, Cafe Audrey, Flying Cupcake, La Margarita
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.
Hendricks County ‘hotspot’ for package-liquor permits
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.
L.A. Fitness buying Bally clubs, including Indy location
The deal is the latest sign of turmoil in the health club industry, which is consolidating after a spurt of overbuilding.
New renderings: $5M plan for amphitheater, trail in Fishers
The Town of Fishers this week unveiled plans to build a new outdoor amphitheater and multipurpose trail in its downtown district along 116th Street.
Shoe Carnival quarterly earnings rise 15 percent
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.
Mass Ave deal’s brokerage fee raising eyebrows
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.
Bank hits Centre Properties with $43M suit
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.
Lifestyle Family Fitness closes 2 locations, sells 2 others
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.
Simon widow loses another battle in estate fight
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.
Employees sue Finish Line over manager’s secret camera use
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.