Bottleworks Hotel nearly complete, to open in December
Work on the ritzy Mass Ave hotel has continued throughout the pandemic, despite delays to other projects around the city. The Bottleworks campus food hall is slated to open in January.
Real Estate
Articles
East-side housing project for young adults receives $9.2M from state
The 30-unit apartment project is aimed at individuals aged 18 to 24 who were previously in the state’s child welfare and fostering system.
Committee gives preliminary OK for $12.25M in TIF bonds for two projects
The projects include a two-building development in Broad Ripple that would serve as the headquarters for the staffing firm Eight Eleven Group.
Illinois governor bans indoor dining in Chicago as virus cases surge
Chicago Mayor Lori Lightfoot says she isn’t sure the governor’s new restrictions are targeting the right people and worries that they will adversely affect the city’s economy.
Restaurant supplier planning new warehouse downtown along Senate Avenue
Zesco Restaurant Supply needs to replace a nearby warehouse that will be demolished as part of IU Health’s massive expansion of its Methodist Hospital campus in coming years.
Huse Culinary closing book on downtown Burger Study due to pandemic
Launched in 2017, Burger Study was designed to attract downtown office workers, convention attendees and spectators for sporting events and concerts. All of those populations have been cut thin by the pandemic.
Shopping: Give the gift of citrus this holiday season for pop of cheer
Dayna Isom Johnson, the trend expert at Etsy.com, sees a turn toward “cheerful citrus” this holiday season. “It’s an escape from traditional themes for the holidays,” she said. “It’s really allowing you to add a pop of sunshine.”
Sizzling housing market shows no sign of cooling off going into 2021
“Indianapolis is one of the fastest-selling metros in the country,” said Chris Glynn, a senior economist at Zillow, a real estate website and research firm. “The typical home in Indianapolis is selling in five days or less.”
Home profile & gallery: Making space for art, books in Old Northside
Every wall, nook and corner features original art, almost all of it purchased from central Indiana artists or from the local artists in places where the couple vacationed, including Alaska and Bhutan, a Buddhist kingdom on the Himalayas.
Residential Real Estate: Marketplace stats for October 23, 2020
Houses across central Indiana continue to sell quickly, with the average property on the market just 27 days until closing. That’s 13% faster than a year ago, which already was considered a seller’s market.
City launches public survey to gauge public interest in reusing BlueIndy sites
The ideas the city received fell into four broad categories: public charging for e-bikes and scooters, public charging for electric vehicles, shared transit services and placemaking.
Plans percolating for east-side multifamily project by proposed Baptist church
Indianapolis-based KCG Cos. hopes to build as many as 200 apartment or townhome units for working-class residents, which would be adjacent to a new home for Mt. Paran Baptist Church on Franklin Road.
New cigar lounge aims for welcoming feel in Greenwood
The Smoke Pit opened in late September at 221 W. Main St. in Old Town Greenwood, offering a place for aficionados and novices alike to enjoy good conversation and a good cigar.
IBJ Podcast: ‘Tumultuous.’ That’s how restaurateur Eddie Sahm describes surviving the pandemic.
There’s one thing Eddie is certain about: Without more government assistance, a large percentage of local restaurants will close. And that, he said, won’t be good for the community.
U.S. retail sales grow for 5th straight month; industrial production falls
Much of last month’s growth came from clothing stores, where sales rose 11%. At auto dealerships and parts shops, sales were up 3.6%.
Central Indiana existing-home sales, prices make huge jumps
The monthly sales increase was the third in a row after a three-month streak of declining sales in the market brought on by the pandemic.
Franklin Township retail project picking up steam, adding self-storage and medical space
The owner of a 60-acre commercial development that recently took shape on former farmland in Franklin Township is planning a few new components, with long-term plans for at least a dozen more buildings.
Design: Here’s how to think about decorating your living room
An open-concept room is seemingly free of convention or traditional discipline. It is for this reason that one should tread cautiously when decorating.
Memory Bank: Emmett Brown reopens the Brown Show Case photo studio in 1959
His second studio stood at Martindale and 19th streets, where Brown focused on portrait and freelance photography. He died just months after opening it.
After Biglari unleashes venom on Cracker Barrel, CEO fires back
Biglari Holdings’ Sardar Biglari is pushing for reforms at Cracker Barrel Old Country Store even as Biglari restaurant Steak n Shake teeters.