More than four out of 10 restaurant operators in Indiana say it is unlikely they will still be in business six months from now if current business conditions continue, according to survey released Tuesday by the Indiana Restaurant and Lodging Association.
Dallas-based Mohr Capital has already broken ground on the first building in the master-planned Mohr Logistics Park—a 1 million-square-foot distribution center for Cooper Tire—and has several more in the early planning stages.
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
Bed Bath & Beyond Inc. on Tuesday revealed the first 63 closures of the 200 that are planned nationwide over the next two years. The stores on the initial list will close by end of this year.
We all know that restaurants have been devastated by the pandemic. Some have closed, and Pete predicts more are about to. He suggests determining how much you can afford to help and then spending that cash at two or three restaurants that are meaningful to you.
The media is fascinated by what he’s up to, as the nation’s largest shopping mall owner teams with partners to buy ailing retail chains while negotiating with Amazon to fill vacant anchor spaces with distribution centers.
In particular, vacant spaces in higher-population suburbs should have no trouble finding new tenants, brokers say.
The corner of Washington and Meridian streets has, of course, changed substantially over the years. But even in this photo, believed to have been taken in 1893, the intersection was a vibrant commercial corridor.
Five-year-old Howl and Hide is preparing to open a second location, a pop-up shop at Clay Terrace in Carmel.
Tools like Zoom, WebEx and Google Drive have enabled businesses to stay afloat during the pandemic, but for many, remote work really isn’t sustainable. Unproductive virtual meetings, the desire for interaction and the immense benefits of a traditional office are steadfast.
Indianapolis-based Cityscape Residential’s plans to ask the city for an $8 million TIF bond to help support its 287-unit luxury apartment complex. The project is also slated to feature a potential three-story, 30,000-square-foot office building.
The program will allow a small number of entrepreneurs, particularly minorities, to pitch their products directly to Lowe’s, sidestepping a traditionally arduous process of getting their goods sold in 2,200 stores.
The town homes—all of which are expected to have three-bedrooms—would be available for lease to individuals and families with modest incomes, with an option to eventually buy the units.
Indianapolis-based shopping mall giant Simon Property Group announced Monday that it plans to join the growing retail trend of not being open on Thanksgiving Day.
Residential builders Drees Homes and Epcon Communities presented plans to the Westfield City Council on Monday for three different developments in the city.
The Indianapolis City-County Council on Monday night voted unanimously to issue up to $155 million in bonds to pay for an expansion of the Indiana Convention Center at Pan Am Plaza.
On May 18, 1927, a tornado struck downtown, wreaking havoc along Washington Street, from the west side of downtown to Irvington.
A shortage of moderately priced single-family homes and pent-up demand stemming from the COVID-19 lockdown this spring have caused home prices to rocket higher.
The online grocery market is nearly five times larger than it was just a year ago, according to consultants Brick Meets Click and Mercatus, as consumers remain wary of entering stores.
Developers remain optimistic about multifamily developments in general across the city, but some believe additional affordable housing—and associated incentive deals—is needed.
