Laughners exit restaurant business after 122 years with Loon Lake Lodge closure
The Laughner family has closed the Loon Lake Lodge in Castleton, ending a 122-year run of operating restaurants in Indianapolis.
Real Estate
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Summit Realty pursues downtown building for HQ
The firm, now based in Chase Tower, wants to acquire and renovate the building at 241 N. Pennsylvania St.
Steak n Shake parent sees profit, revenue rise
Biglari Holdings Inc. said revenue in the quarter rose 9.4 percent over the year-ago period and same-store sales increased by 7.5 percent
Tim Durham closes New Castle restaurant
A sign on the door of Durhams Ristorante says the moderately priced Italian eatery will be "closed until further notice."
Indianapolis retailers plan new stores, relocations
A new restaurant near Lucas Oil Stadium is among several new or relocated retailers around the city.
Architects to temporarily transform downtown Indianapolis parking spaces
In celebration of “PARK(ing) Day,” the Indianapolis chapter of Architecture for Humanity will convert 10 parking
spaces in front of the Borders bookstore on Meridian Street at Washington Street into a curbside landscape.
New Jersey project enriched Simons
The battle over the estate of Melvin Simon has thrown a spotlight on a New Jersey development project that, by itself, has
made many Simon family members multi-millionaires.
Simon mall deal gives big boost to cell-phone coupons
The partnership between Simon Property Group and technology company Shopkick Inc. is a
big step in realizing retailers’ long-held dream of using cell phones to beam ads and coupons to people passing by.
Roundup: Tasting room, tavern, new restaurants, MacExperience & more
The newest retail roundup offers something for everyone, including a new tavern, meadery tasting room, children’s apparel
shop, bakery and liquor store.
Auction set for old Colgate factory in Clarksville
The owner of a closed Colgate-Palmolive Co. toothpaste factory along the Ohio River plans to sell it at auction this fall.
Parking rates could double under city plan
City leaders expect to select a manager to oversee parking operations within the next week.
Area home sales slide again
July’s 27-percent decline marked the third straight month that home sales have slumped in central Indiana following three
straight months of improving sales spurred by generous federal tax credits.
Noble Roman’s quarterly profit, revenue slips
Noble Roman’s Inc. profit and revenue slipped in the second quarter as fewer of its traditional Noble’s Pizza
and Tuscano’s Italian Style Subs stores were operating.
Judge to order mediation in Simon estate dispute
Hamilton County Judge William J. Hughes said it's clear that all the parties involved in a series of
disputes surrounding
late mall billionaire Melvin Simon's estate need to "sit across the table from each other and try to work things
out."
Girl Scouts selling Zionsville tract, three others
The decision by Girl Scouts to divest the camps follows a consolidation among Girl Scouts councils nationwide in 2007 that
left the local council with a much bigger service area and more real estate.
Lawsuit claims builder broke handicapped rights
The suit against SC Bodner Co. says 16 Bodner properties in eight states violate the Fair Housing Act.
Simon Property plans debt sale to fund tender offer
Simon Property Group Inc., the largest U.S. shopping-mall owner, plans to sell $750 million of notes to fund a tender offer
for outstanding debt for the second time this year.
Browning pulls out of Evansville hotel redevelopment
Indianapolis-based Browning Investments plans to turn the former Executive Inn back over to the city after being unable to
arrange financing for the project.
E-mails show how David Simon faced financial crisis
The first few months of 2009 were not an easy time to be CEO of Simon Property Group Inc. David Simon was feeling pressure
from shareholders, lenders, employees and family members.
Ford dealer celebrates 50-year milestone
This month, Pearson Ford, 10650 N. Michigan Road, is celebrating a rare thing among car dealers: its 50th birthday.