City’s strategy for excavating graves on site of Henry Street bridge project shifts to archaeology-first approach
The city has hired a Canadian company that helped relocate remains during the Indianapolis International Airport terminal project.
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New restaurant to take over Marco’s site at 54th and Keystone
The Shadow Lounge will open in a building that was previously occupied by Marco’s Restaurant & Lounge and Capri Italian Restaurant across six decades.
IBJ Podcast: Sushi eatery owner expanding in Mass Ave area with new restaurant, refreshed Metro
Bill Pritt digs into the origin story of Mass Ave’s Forty Five Degrees and the real estate acquisition—and yogurt shop—that helped him succeed. Plus, he serves up details from his plans for Harrison’s Restaurant and the Metro.
IU trustees give OK for 4,500-seat arena in downtown Indianapolis
Indianapolis-based USA Track & Field, a national governing body for the sport, will also move its headquarters to the new building.
Rural Zionsville residents aim to preserve way of life
Bradley Ridge is Henke Development Group’s third major residential development in Zionsville after the company reshaped Westfield with its Chatham Hills and Grand Park Village projects.
Future of Diamond Chain site unclear under city’s approach to remains, stadium
The Hogsett administration says no development can proceed on the property unless the owner agrees to treat human remains found there in a way that is consistent with the wishes of a community group.
Ambrose Property Group building $75M industrial park in Whitestown
Two 233,000-square-foot buildings are under construction at the site, while a 248,000-square-foot building will be developed as a build-to-suit project.
Purdue takes next step to develop $187M mixed-use project for new downtown Indy campus
Purdue officials say the Academic Success Building “will evolve with the needs of experiential education, accommodate courses that would not otherwise be offered with existing space, and provide on-campus housing.”
Mexican restaurant planned at new development in Fishers District
Arechiga Restaurant Group is set to open Piedra in Fishers in a 5,000-square-foot space with an outdoor patio area at The Union at Fishers District.
Dollar Tree looking at options for Family Dollar, including possible sale
Dollar Tree acquired Family Dollar nearly a decade ago for more than $8 billion after a bidding war with rival Dollar General and has had difficulty incorporating Family Dollar into its business.
Yolk breakfast restaurant closes in Salesforce Tower
Owner Taki Kastanis cited the inability to “revitalize” the restaurant after the pandemic for the closure. Two other Indianapolis Yolk locations remain in operation.
Local developer plans low-income senior project at former site of Ritz Theatre
DTM Real Estate is seeking low-income housing tax credits for its planned project at the northwest corner of 34th and Illinois streets, which it intends to call The Ritz on Illinois as an homage to the 1920s movie house.
Carmel City Council approves park impact fee hike for developers
The fee will increase 11.13% each year through 2029. Carmel already has the highest park impact fee among its peer communities in the northern suburbs of Indianapolis.
Community Health planning $335M hospital in Westfield
The 425,000-square-foot project will mark the Indianapolis-based health care system’s first hospital in Hamilton County.
Simon Property Group CEO David Simon being treated for cancer
Indianapolis-based Simon Property Group announced David Simon will continue to serve as CEO during his cancer treatment.
Lilly seeks to build conference center on downtown HQ campus
Eli Lilly and Co. plans to build the center on an existing parking lot at its downtown campus, with the goal of hosting more of its global meetings in Indianapolis.
City, outside entities start inquiring about buying land adjacent to proposed stadium site
AES Indiana, which owns a half-acre parking lot at 355 E. Pearl St., just east of Alabama Street, confirmed to IBJ that the company is “currently discussing its sale with a third party.”
Indianapolis Airport Authority moving ahead with decommissioning downtown heliport
Decommissioning the heliport is a needed step in the Hogsett administration’s plan to develop a professional soccer stadium on the east side of downtown.
Pickleball chain chooses Noblesville for second area club
Former NFL quarterback Drew Brees and a pair of Indianapolis financial advisers are working to build a 57,000-square-foot indoor pickleball facility on the south side of Noblesville.
North of 96th roundup: Family Express continues expansion in central Indiana
Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis.