Roundup: Detour, Froyo, Huddles, Cannoli Queen, Dairy Queen, Scotty’s, more
Detour: An American Grille, Cannoli Queen and a couple of new frozen yogurt spots lead off a crowded restaurant and retail roundup.
Real Estate
Articles
Cook applied business mindset to historic preservation
Colleagues say Bill Cook began each historic restoration contemplating what practical use each newly polished structure might serve, and how it might spark development around it.
Simon widow unloads pricey NYC condo, looks to sell Bel Air mansion
Bren Simon lost control over her late husband’s multibillion-dollar estate, but she sold a New York City condo for $48M in March, and is trying to sell a mansion in L.A. for $50M.
Long-vacant downtown restaurant space getting a new tenant
Naked Tchopstix plans to open a location in the former home of Nicky Blaine’s in the basement of the King Cole Building.
Essex Hotel site remains undeveloped despite city deal
Sixteen years after the former Essex Hotel was razed, the site remains a parking lot although a 1990 agreement with the city required its owner to develop the space within five years if the building were torn down.
Don Marsh takes lumps as he fights on in court
Don Marsh is so hellbent on winning his legal battle with Marsh Supermarkets Inc. that he’s willing to sully his own reputation if that’s what it takes.
Closed northwest-side theater set to reopen
A Chicago native and independent theater owner plans to reopen the old AMC Loews College Park 14 movie complex on April 29, under the new moniker of Movie Buff Theatre.
Insurer coveted by Biglari sold to another firm
Steak n Shake's parent company, Biglari Holdings, twice tried to acquire Fremont Michigan Insuracorp Inc. before the insurer agreed to be sold to Michigan-based Auto Club Insurance Association. Biglari, which owns nearly 10 percent of the insurer's shares, nevertheless was a winner in the sale.
Bill would shift tax appeals in property owners’ favor
A bill expected to be heard Wednesday in the Indiana House would give property owners appealing the assessed value of their homes or buildings more clout in the fight.
Free parking for Tea Party?
The Indianapolis Tea Party has asked the city to waive the parking bill for its April 15 "Tax Day Rally" at the Indiana Statehouse.
Local home-building activity still slumping
Home-building permits filed in the Indianapolis area sank by more than 20 percent in March compared with the same month last year. Still, signs show home construction both locally and nationally may be picking up.
Office stats don’t tell full story of market’s recovery
Cassidy Turley's research director said the pace of leasing activity is the best he’s seen in 18 to 24 months.
State court rejects Bren Simon’s appeal in estate battle
The Indiana Court of Appeals has dismissed Bren Simon’s petition seeking to reverse a lower court’s ruling that removed her as interim trustee of her late husband’s $2 billion estate.
Longtime City Market tenant fighting move
Enzo Pizza is refusing to vacate its space in the historic structure and is suing to stop construction to convert the east wing, where it’s located, into a bicycle hub.
Sunday alcohol sales backers make final push
Proposed legislation that would allow grocery stores in Indiana to sell cold beer and alcohol on Sundays faces an uphill battle in the General Assembly.
Amusement center set for Clearwater area
An entertainment venue featuring a bowling alley, concert hall and restaurant is set to replace a vacant movie theater.
Landlord seeking to evict Jillian’s over unpaid rent
The landlord of the downtown building that houses Jillian’s, which filed for bankruptcy protection earlier this week, wants the restaurant and entertainment complex out of its building, alleging the tenant owes nearly $700,000.
Naked Tchopstix to open in King Cole Building downtown
Naked Tchopstix plans to move into the former home of Nicky Blaine’s in the basement of the King Cole Building.
Fairgrounds officials consider Pepsi Coliseum overhaul
Indiana State Fairgrounds officials are laying the groundwork for a massive Pepsi Coliseum renovation that could cost tens of millions of dollars and transform the inside of the 72-year-old landmark.
Unusual North of South deal leaves taxpayers vulnerable
The $156 million North of South project is a complicated, risky and potentially transformative bet on downtown.