The planned, 2.2-million-square-foot Walmart distribution center is one of a dozen warehouses exceeding 900,000 square feet to enter the Indianapolis market since 2011.
Pennsylvania-based Exeter Property Group has acquired a 604,000-square-foot speculative industrial property at the Fishback Creek Business Park in Whitestown.
The firm has projects underway in Memphis, Atlanta, Chicago and Hartford, Connecticut, marking the first time Scannell has had this number of massive projects underway simultaneously.
Ratio is architect for the $550 million project by Kite Realty Group Trust that includes a Signia Hilton, an expansion of the Indiana Convention Center and—eventually—a second, 600-room Hilton-branded hotel.
The redevelopment will exacerbate a challenge already weighing on Marion County: huge swaths of land off the tax rolls because they are owned by not-for-profits and are being used for purposes related to the groups’ missions.
Erica Ballard’s dream of downtown dog park is coming to fruition after three years of work.
News of the $140 million deal comes in the same week that Simon Property Group and Authentic Brands Group agreed to acquire legendary clothier Brooks Brothers.
Sales at retail stores and restaurants have now risen for three straight months, after plunges in March and April. Still, much of the spending was fueled by government aid that has since expired.
Area new-home construction filings jumped 12% last month, marking the 11th time in the last 13 months that filings have risen on a year-over-year basis.
One year ago today, Popeye’s fired the first salvo in the Great Chicken Sandwich Wars. And there’s no indication that America’s collective obsession with a crunchy bit of bird on a bun is going anywhere.
The Indianapolis-based chain says it’s scouting sites for yet another Craft Pizza & Pub that it hopes to open by year’s end.
The venture between Authentic Brands Group and Simon Property Group will continue running at least 125 of Brooks Brothers’ 200 stores as part of the deal.
Stein Mart is a discount retailer that runs 281 stores in 30 states, including four in the Indianapolis area.
The owners of the Shops at Perry Crossing had been hoping to sell the shopping center before a May deadline to pay off the property’s loan balance, but the pandemic ruined those plans.
The Indianapolis-based shopping mall operator said all of its U.S. properties have reopened, with the exception of a handful in California that were forced to close for a second time on July 15 because of government mandates.
The Indianapolis-based burger chain wants to reintroduce counter service in its dining rooms but claims an agent of its lenders is blocking its attempts to sell restaurants to raise money.
In addition, Amazon also has been talking to multiple mall landlords about putting its planned grocery-store chain in former J.C. Penney locations, according to a published report.
In October 1917, fire destroyed the Acme-Evans two-story, Italianate office building at what was then 702 W. Washington St., an address that is now part of White River State Park.
To date, more than 24,000 Hoosiers have submitted an application seeking rental assistance through the program, which launched July 13.
The nine-story building features 334 apartment units, a 540-space garage and the 16-Bit Arcade+Bar.
