Meridian Street buildings to get facelift
A not-for-profit is partnering with a locally based developer to renovate two vacant apartment buildings near Meridian and 38th streets into specialized affordable housing.
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City sells North of South bonds, locks in 5.2-percent rate
The city of Indianapolis went to the bond market last month to sell $97 million in debt for the $155 million North of South hotel and retail project near the Eli Lilly and Co. campus.
Kroger plans $3.8 million school investment
The Cincinnati, Ohio-based grocer announced Wednesday a new three-year, $3.8 million investment that will support library grants, schools and a literacy initiative across Indianapolis.
Nonprofit group plans renovation of 2 vacant apartment buildings
A not-for-profit group is partnering with a locally based developer to renovate two vacant apartment buildings near Meridian and 38th streets into affordable and supportive housing.
New York firm wins Steak n Shake ad account
Indianapolis-based restaurant chain selects Kirshenbaum Bond Senecal & Partners as agency of record for its $18 million advertising account, ending about two years of uncertainty surrounding its marketing efforts.
Whitestown interchange lands $8M travel plaza
A growing distribution hub anchored by Amazon.com and MedcoHealth Solutions along Interstate 65 in Boone County has inspired plans for an $8 million truck stop and travel plaza.
Bill Cook, medical device magnate and philanthropist, dies at 80
The founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics department.
Roundup: Cutco, Marshalls, Performance Bicycle, Sensu
Cutco is opening its first local store, Marshalls is replacing an off-price brother, Performance Bicycle plans a new store in Greenwood, and more.
Bank seeks to foreclose on Polo Club restaurant
The south-side steakhouse is named in lawsuit stemming from a $1 million loan made to the former owners of a Steak & Ale restaurant at the location on South East Street.
INSIDE DISH: St. Elmo stakes out expansion plan
Co-owner Craig Huse's designs to create a 3,000-square-foot bar above the landmark eatery is just another example of Elmo's tradition-based evolution.
Finish Line reports rise in quarterly earnings, sales
The Indianapolis-based retailer earned $34.3 million in its fiscal quarter, compared with $30.6 million a year ago. Revenue rose 2.7 percent, to $384.6 million.
High-rise living in midtown Indianapolis
Author Lorene Burkhart remains grounded despite her penthouse surroundings
Toning-shoe trend fading, but doesn’t trip up Finish Line
The toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
IU Health cancels $73M project, acquires Gateway Plaza
Indiana University Health has canceled its plans for a $73 million administrative office building at 16th Street and Capitol Avenue and has instead purchased the Gateway Plaza tower at 10th and Illinois streets.
Indiana report says drugstores, grocers best at not selling liquor to minors
Liquor stores didn’t do as well, undercutting their argument against allowing other retailers to sell cold beer.
Circle Centre finally lands major fourth-floor tenant
Circle Centre mall is on the verge of landing a major new tenant for its struggling fourth floor.
Luna Music closes Mass Ave. store
Closure leaves locally owned independent record shop with one location, in Meridian Kessler, as the industry struggles to compete with digital downloading.
Colts-themed restaurant in works in betting parlor space
A South Florida restaurateur has plans to open a Indianapolis Colts-themed restaurant in Claypool Court, a retail and hotel center near Circle Centre mall downtown.
Altum’s staying put at current west Carmel location
The nursery on Michigan Road had planned to move to a smaller piece of land about four miles north, but hasn’t found a buyer. Kroger nixed a deal to buy its property last fall.
Minneapolis firm buys Fishers business park
Meritex purchased 306,408-square-foot business park out of foreclosure from Wells Fargo Bank. The previous owner, Kobra Properties, had fallen into bankruptcy.