The florist is moving from the Broad Ripple retail space it has occupied since 1954. Local developer Buckingham Cos., which purchased the property in 2000, is preparing for the redevelopment of Monon Place.
American consumers, enticed by warmer weather and deep discounts of up to 80 percent on summer merchandise, went on a buying binge in June, helping many retailers deliver robust revenue gains.
Carrier Corp. has spent $32 million to upgrade equipment in Indianapolis and plans to invest another $36.5 million to start a second production line, creating 276 jobs at the plant. The company is seeking a tax abatement to help offset the costs.
Locally based J.C. Hart Co. has broken ground on a $19 million apartment community at the northeast corner of 116th Street and College Avenue in the Carmel Performing Arts District.
M&I Bank filed the suit against J. Greg Allen, charging he defaulted on two loans he took out to buy 73 acres of land on the northeast corner of Emerson Avenue and County Line Road on Indianapolis’ south side.
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
Marsh Supermarkets is reoccupying a portion of its long-vacant headquarters building and has snagged a plum tenant to sublease most of the rest of the space.
Indianapolis-based Buckingham Cos. is expected to start construction this summer on an $18 million, 146-unit apartment building in downtown Columbus.
The main entrance is getting a $1 million makeover as the 28-story building prepares to welcome two new restaurant tenants.
Chatham Commons, at the northeast corner of East and St. Clair streets, includes walking paths, a pergola, brick benches, plantings and a Tom Otterness sculpture that was part of a public art exhibit here in 2005.
City officials and the developer of a proposed parking garage in Broad Ripple have refused to share financial projections for the project, describing the documents as a “trade secret” exempt from public disclosure.
Biglari Holdings began scarfing up Cracker Barrel shares in March and now has amassed a 9.8-percent stake worth $109 million.
Richmond, Va.-based McCann Realty Partners LLC bought the 166-unit complex with a $9.25 million loan. The sale marks the second time Quail Run has changed ownership in the past two years.
Marsh Supermarkets has hired grocery executive David C. Siegel to the new position of senior vice president of merchandising and marketing strategic initiatives. He follows new CEO Joseph M. Kelley from Price Chopper in New York.
The project includes renovations to the 15-story apartment building in downtown Indianapolis, as well as the construction of two mixed-income buildings containing a total of 74 units at its base.
Tanger Factory Outlet Centers Inc. said Tuesday it bought an Ohio outlet shopping center from Indianapolis-based Simon Property Group Inc. for $134 million.
Titan Wrecking & Environmental bid about $255,000 less than the winning proposal to demolish Keystone Towers, but was rejected because of missing paperwork. The company owner says the city could have overlooked the omissions to save taxpayers money.
The pending sale of two historic buildings and a vacant lot just south of Massachusetts Avenue is the first of what could be several deals in the area as one of its largest property owners begins to divest its holdings.
Thinking his emporium for all-beef franks has maxed out its sales potential, Brent Joseph cut a deal to relocate to an epicenter for downtown office complexes and triple seating.
Denney Excavating of Indianapolis has been granted the contract to demolish the vacant Keystone Towers apartment complex with a bid $827,000.
