Total Wine & More planning second Indianapolis store
Total Wine & More, a Maryland-based chain of liquor superstores, opened its first Indianapolis location late last year in Nora after winning a high-profile court battle.
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Authentic Brands, owner of Forever 21 and Brooks Brothers, files for IPO
Indianapolis-based Simon Property Group Inc. is among Authentic Brands Group’s largest shareholders.
Real Estate Weekly: News notes, 07/06/21
These news notes appeared in IBJ’s Real Estate Weekly on July 6, 2021.
Traders Point Church moving ahead with north-side Marsh renovation after delay
Traders Point first announced plans for its Midtown campus in January 2020, a few weeks after it closed on its $7.6 million purchase of the Marsh store east of Broad Ripple.
The Wine Market in Fountain Square taking over high-profile Pioneer building
The Wine Market, which opened on Virginia Avenue in 2017, is bursting at the seams. Its owners are investing more than $2 million to buy and renovate a new space in the heart of Fountain Square.
U.S. rents still rising at rapid clip during busy time for lease renewals
The median national rent climbed 9.2% in the first half of 2021, according to Apartment List, and is still on the way up.
Q&A with Ross Tuggle on turning a hobby into a business
Despite the pandemic wreaking havoc on retail, Ross Tuggle and his wife, Brooke, opened Tuggle’s Gifts and Goods last November on Virginia Avenue in Fountain Square.
State Fair lands $50M to turn swine barn into multiuse facility
The pigs at the Indiana State Fair are officially getting a new place to stay after the state released $50 million to replace the almost century-old swine barn with a multiuse facility that will also be able to host large sporting events.
Backyard: Decorator and author Annie Kelly on living with swimming pools
Swimming pools can be the best place to be when you’re outside; they’re a great luxury and a place to keep fit.
Supreme Court leaves CDC eviction moratorium in place
As of June 7, roughly 3.2 million people in the U.S. said they faced eviction in the next two months, according to the U.S. Census Bureau’s Household Pulse Survey.
Owner of former Anthem HQ exploring converting some space to parking
As the downtown office market enters a post-pandemic period of volatility, the owner of the 213,600-square-foot building on Monument Circle is studying the cost of renovations to make it more alluring to would-be tenants.
Real Estate Weekly: News notes, 06/29/21
These news notes appeared in IBJ’s Real Estate Weekly on June 29, 2021.
Baker turning hobby into bagel shop in Cottage Home downtown
Josh Greeson left the real estate industry to focus on his dream of becoming a baker. It began to rise when he worked at the well-known Amelia’s in Fletcher Place.
F.C. Tucker Co. acquired by regional residential real estate giant
The largest and oldest residential real estate brokerage in Indiana has been acquired by Pittsburgh-based Howard Hanna Real Estate Services, the biggest independent brokerage in the United States, the companies announced Tuesday morning.
Rolls-Royce confirms plans to consolidate downtown office space
Citing multiple sources familiar with the project, IBJ first reported on the company’s overall plans June 17. Rolls-Royce said Monday that it does plan to vacate two of the three buildings at the Meridian Center campus, but said it would continue to occupy a different building than earlier reported.
Area homebuilders continue to see high demand for new houses
So far this year, 4,676 single-family building permits have been filed in the nine-county Indianapolis area, up 49% over the first five months of 2020.
Offices after COVID: Wider hallways, fewer desks, more conference space
Steelcase, an office furniture company, says its research indicates half of global companies plan major redesigns to their office space this year.
Long-neglected parcel in northwest Indy soon to be filled with houses
Local firms Apex Realty Group LLC and Arbor Homes have partnered to build at least 60 houses on the property at the southeast corner of West 79th Street and Michigan Road, as part of a phased buildout for the development known as Augusta Heights.
Big Red Liquors expands footprint with 15-store acquisition
Indianapolis-based Big Red Liquors, already the largest chain of package liquor stores in Indiana, plans to close on the acquisition of Cap n’ Cork early next month.
Blo Blow Dry Bar chain entering Indiana with three Indy-area locations
The Canada-based hair styling chain specializes in wash and blow-dry services and special-occasion hairstyling. It has more than 100 locations, but none in Indiana so far.