UPDATE: Water-main break closes part of Castleton Square
Simon Property Group spokesman Les Morris said 110 out of 130 mall stores were open late this morning.
Real Estate
Articles
Anti-development property owner gives homestead to local land trust
A 16-acre wood nestled against the White River and surrounded by the Keystone at the Crossing shopping center will become
a public nature preserve.
Rivers Edge lands Nordstrom Rack, The Container Store
Two sought-after national retail concepts are poised to open their first Indianapolis stores. Kite Realty Group Trust has
recruited Nordstrom Rack and The Container Store as likely anchors of a redevelopment
of Shops at Rivers Edge along 82nd Street at Dean Road.
Girl Scouts of Central Indiana moving to new headquarters
CEO Deborah Hearn Smith said the move will eventually bring a cost savings, but it has other benefits.
Battered banks don’t see light at end of tunnel
Credit problems continue to bedevil banks big and small, many of them caused by soured commercial real estate loans.
INSIDE DISH: Bonge’s Tavern survives, thrives in the boonies
Despite setbacks including a devastating lightning strike, Tony Huelster of Bonge's Tavern
has turned the middle-of-nowhere eatery into a dining hotspot.
Finish Line co-founder retiring as chairman
Alan Cohen will be succeeded by Glenn Lyon, who will retain his position as CEO.
HHGregg’s profit slips despite higher revenue
HHGregg had a profit of $10 million, or 25 cents per share, in the quarter ended March 31 on revenue of $417.2 million.
Hat World to acquire Sports Avenue stores
Locally based Hat World has agreed to acquire the assets of Sports Avenue, an Illinois-based competitor that operates 46 retail
stores and 13 branded e-commerce sites. Terms of the deal where not disclosed.
City Barbeque building new restaurant in Greenwood
The Ohio-based City Barbeque chain plans to open its first Indiana restaurant in Greenwood on the site of the former Grindstone Charley's.
Is IKEA coming to Indy?
The rumor popped up again last week as I was preparing to cover the International Council of Shopping Centers annual convention
in Las Vegas. Was IKEA looking at Indianapolis? Were they interested in building a store at Anson or in Greenwood?
Downtown merchants sponsor new farmer’s market
Goldman Jewelry, J.P. Parker Flowers and Shapiro’s Deli plan a Tuesday evening farmer’s market on the south side of downtown
Indianapolis beginning June 1.
Retail project in search of tenants after Ace deal falls apart
A not-for-profit group that's hoping to build a retail project at the northeast corner of 22nd and Delaware streets
is looking for tenants after a deal for an Ace Hardware fell apart.
Zoning board nixes clothing-optional campground
The Morgan County Board of Zoning Appeals denied the request Monday night during a meeting where many in the crowd of more
than 100 people spoke against it.
Lawrence Village inks J.C. Hart deal, seeks retail developer
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
Expiring tax credits boost home sales nationally
Sales of previously owned homes rose 7.6 percent in April, the best showing in five months.
Simon plans to rejoin retail leasing event
Simon Property Group Inc. plans to rejoin the giant leasing mall at the annual ICSC convention in Las Vegas, where 25 percent
of the nation’s retail lease deals are consummated.
Ivy Tech set to break ground on new downtown building
Ivy Tech Community College is set to start new construction at a former hospital site next to its downtown Indianapolis campus.
At Vegas gathering, hope grows for a retail turnaround
The nation's largest retail leasing confab began on Sunday in Las Vegas with a hopeful welcome from Michael Kercheval,
CEO of the International Council of Shopping Centers.
An extended retail roundup
Restaurants and retailers are making moves in Indianapolis, Avon, Carmel and Shelbyville.