New restaurant, Block Bistro and Grill, opening downtown
Local restaurateur Terry Anthony said his goal is lure people back downtown and attract repeat customers. The Block opens Sunday in the historic Block Building.
Real Estate
Articles
Whitestown unveils plans for $135M junkyard redevelopment project
Milhaus and Homefield are partnering to redevelop roughly 100 acres with a fieldhouse, water park, hotel, apartments, offices, commercial space and more. Whitestown officials might consider a new food and beverage tax to help fund the massive project.
Old Town pitches expanded Union Square, new townhouse project in Westfield’s downtown
Carmel-based Old Town Cos. is planning $80 million of residential and commercial development in Westfield’s downtown surrounding the city’s forthcoming Grand Junction Plaza. Updated plans include doubling Union Square and adding new townhouses.
Seven-unit townhouse project planned on College Avenue
The development would sit on undeveloped land at the southwest corner of College Avenue and 27th Street, about two blocks south of Fall Creek.
Longtime friends to debut House of Soul Cafe on south side
Indianapolis-based owners David Brown, a chef, and Adam Belt, a commercial pilot, are gearing up to open their fast-casual soul food concept in a space that formerly housed a Dunkin’ Donuts.
Simon Property seeks to raise $300M with blank check company filing
Simon Property Chairman and CEO David Simon will serve as chairman of the special purpose acquisition company. His 33-year-old son, Eli Simon, senior vice president of corporate investments at Simon Property, will be its CEO.
Green District planning restaurant on Monument Circle
Green District plans to take over the space on the southwest corner of Monument Circle that was previously occupied by Au Bon Pain.
Online clothier to create up to 980 jobs in Plainfield
The Indiana Economic Development Corp. has pledged $8 million in conditional tax credits to San Francisco-based Stitch Fix, based on its hiring plans.
Lebanon considering creating $13.7M in trails, green space for business park
City officials want to lay the groundwork for a long-term plan creating outdoor amenities for users of Lebanon Business Park and the public at large, including more than 10 miles of trails.
Sugar Factory to open at Circle Centre in former Palomino space
A New York City-based restaurant and candy store chain known for its extravagant desserts, colorful decor and celebrity following is planning to open a location in downtown Indianapolis later this year.
Real Estate Weekly: News Notes 01/19/21
These news notes appeared in IBJ’s Real Estate Weekly on Jan. 19, 2021: — Several City Market vendors, all owned by Cindy and Roger Hawkins, have—or will soon—depart the marketplace. Circle City Sweets, which offers a variety of baked goods and pastries, will vacate its City Market spot for a new location at 16 Tech’s […]
Real Estate Weekly: News notes 01/26/21
These news notes appeared in IBJ’s Real Estate Weekly on Jan. 26, 2021: — Dad’s Kitchen opened Nov. 30 at 6336 Guilford Ave. in Broad Ripple, in a space that formerly housed Greek’s Pizzeria. Dad’s Kitchen serves three meals a day, with a menu that includes breakfast foods like omelets and pancakes as well as tacos, burgers, […]
Two more tenants depart Circle Centre
Sunglass Hut and GameStop have closed their Circle Centre stores. Both retail chains still have numerous other Indianapolis-area stores.
Levi’s first home collection deepens Target relationship
The move is yet another blow to department stores, which have been struggling even more during the pandemic.
Walgreens taps Starbucks exec Brewer as its new CEO
Roz Brewer will be the only Black woman leading a Fortune 500 company when she joins Walgreen’s on March 15.
Former Colt McAfee plans to move media studio, foundation to vacant Lawrence church
The punter-turned-multimedia-star initially ran into skeptics in the neighborhood, fearful that his plans for a sports field and basketball courts would create a nuisance or attract crime.
Eatery specializing in cereal, breakfast treats coming to Greenwood
Day & Night Cereal Bar, which opens next month at Greenwood Park Mall, is a franchised location for the Los Angeles-based concept, which launched last summer as a mobile food truck.
Existing home sales rise in 2020 to highest in 14 years
For all of 2020, sales rose to 5.64 million, the highest level since 2006 at the height of the housing boom. That represented a 5.6% gain from the 5.34 million previously owned homes sold in 2019.
Whitestown streamlines zoning rules to spur mixed-use development
Already, one developer—Steve Braun, a former tech entrepreneur, state lawmaker and commissioner of the state’s Department of Workforce Development—is taking advantage.
Indianapolis-based residential developer plans Carmel HQ project
Indianapolis-based SC Bodner Co. is planning to build and move its headquarters into a $6 million office development along U.S. 31 in Carmel, according to a proposal filed with the city.