Duke upends growth plan, focuses on paying debt
In this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
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Cookie Cutters not trimming back on expansion plans
Cookie Cutters, a locally based franchise that offers children’s haircuts, is so sure of its grip on its niche that —
in spite of tough economic times — it hopes to increase its
tally of franchised
locations past 100 within five years.
Marsh sues to exit pharmacy vendor agreement, could face up to $61M fine
Marsh Supermarkets Inc.’s attempt to switch to a cheaper supplier of prescription drugs has touched off a legal battle with
the current supplier — which suggests it could fine the grocery chain as much as $61 million for reneging on its deal.
Jack in the Box coming to Indy
The West Coast fast-food stalwart Jack in the Box is looking to expand to Indianapolis this year.
MainGate scores another goal
Local merchandiser MainGate Inc. inked its fourth deal with an NFL team in less than a year.
DINING: Mudsocks Grill doesn’t mess around
Mudsocks Grill offers a delicious grilled tilapia sandwich, blue-cheese-laden-pasta and Chili Con Queso. Try the fried cheesecake
too.
Feast on Indiana Live!
The $200-million Indiana Live! casino opened Friday night in Shelbyville. If the free-money giveaways around town, faux Obama commercials and the buzz around a promised ribbon-cutting appearance…
Cosmopolitan a total loss?
The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building’s remaining facade…
Sad news: Cosmopolitan burns
A $33-million apartment and retail project along the canal downtown caught fire early this morning. The Cosmopolitan on the Canal project, by Flaherty & Collins Properties, had been nearing completion on a site bordered by the canal, Senate Avenue, Michigan…
Restaurant comings and goings
Wrecking crews this week tore down the Best Rentals building at 123 N. New Jersey St. The most recent plans
for the space, revealed to city planners…
Jack in the Box coming to Indy
The West Coast fast-food stalwart Jack in the Box is looking to expand to Indianapolis this year. The San Diego-based burger chain plans…
C.P. Morgan’s demise puts 2,000 home sites on market already overwhelmed with land
The end of C.P. Morgan, the largest
central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
Tobias Theater renovation is new model for environmentally sensitive construction
The 600-seat Randall L. and Marianne W. Tobias Theater (nicknamed The Toby) is arguably the greenest facility of its kind
in the nation.
White River trail will weave in stories
NINebark, a landscaping architectural firm, is making six large storyboards so that users of the planned White River Greenway
will learn about the area’s industrial history.
F.C. Tucker forms partnership with home-builder Shoopman
F.C. Tucker Co. has entered into an agreement with Shoopman Home Building Group in which 21 Tucker real estate agents will
staff model homes in seven communities Shoopman is developing.
JW Marriott taking shape
The new 1,000-room JW Marriott convention hotel is rising fast at West and Washington streets in anticipation of a grand opening in March 2010. The $425-million complex also calls for a Courtyard by Marriott, SpringHill Suites and a Fairfield Inn…
Mass Ave building changes hands
An iconic flatiron building on Massachusetts Avenue downtown has a new owner nearly three years after the property first went on the market, IBJ’s Chip Cutter reports…
Private school moving to Lockerbie
The private Todd Academy plans to move into a historic building at the northwest corner of East and New York streets in Lockerbie Square. The building is…
Geist restaurateur buffeted by financial squalls
Henri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators
feeling financial pressure, given the severe economic slump.
IMA’s new design store bucks frugality trend
The Indianapolis Museum of Art’s Design Center opened last October as a complement to the museum’s 20th century design collection,
which curator R. Craig Miller expects to grow exponentially.