City asks court to dismiss Ambrose lawsuit tied to Waterside project
The firm sued the city in mid-November, after it threatened to take the 91-acre site from Ambrose, by eminent domain if necessary, to ensure the property is developed.
Real Estate
Articles
Former Ray Skillman employee suing for harassment after relationship with manager
The woman claims she was harassed and subjected to a hostile work environment after ending a sexual relationship with the owner’s son-in-law.
Colts pick Fanatics for 10-year merchandising deal
The Indianapolis Colts have inked a 10-year deal with Florida-based sports merchandiser Fanatics Inc. to operate the team’s in-stadium, online, mobile and roving retail shops, the team and company announced Thursday.
Clothing retailer Express, seeking revival, to close 100 stores
Express, a national retailer with four Indianapolis-area mall stores, plans to close about 100 stores as part of a restructuring plan.
Kite Realty pursuing more uses at Carmel’s struggling Hamilton Crossing retail center
The Carmel Plan Commission gave a favorable recommendation Tuesday for the City Council to rezone 14 acres at the southeast corner of Meridian Street and Carmel Drive to a less restrictive designation.
City Center tenants expand with new concepts
The owners of Matt the Miller’s Tavern and InCycle indoor cycling studio are both opening second businesses in the Carmel mixed-use complex.
Indiana House backs tougher rules for tobacco retailers
Stores across Indiana would face tougher penalties for selling tobacco products to anyone younger than 21 under a bill endorsed Tuesday by the Indiana House.
Kroger looks within for new president of local division
The Kroger Co. on Tuesday announced it has promoted Colleen Juergensen to take over as president of the chain’s Central division, replacing the retiring Pam Matthews.
Greeting card chain with local store going out of business
Retail chain Papyrus is closing all 254 stores in the United States and Canada, the parent company’s chief executive said Tuesday.
Lilly spin-off putting nearly 1,200 acres up for auction by Greenfield
The land formerly was owned by Eli Lilly and Co. and then was included in Elanco’s 2018 spin-off from the pharmaceutical company.
Acquisition merges two Indianapolis-based landscaping companies
The owners of landscaping firm Heath Outdoor LLC have acquired True North Landscaping LLC, creating an Indianapolis-based company that is expected to have 60 employees and bring in $5 million in revenue this year.
Fishers Test Kitchen makes chef replacement before opening
Chef Leisha Berg has decided to “step away from the project,” Fishers city officials announced Monday. Berg had planned to run West Coast Nook, featuring California-inspired street food.
Watermark raises $105M for high-end apartment projects
Since 2010, the Indianapolis-based multifamily developer has constructed more than 40 projects consisting of more than 11,000 multifamily apartment units across 11 states.
Memory Bank: Photographer exposes child labor abuses
New York-based schoolteacher and photographer Lewis Hine took these pictures in about 1908 at a glass factory in Indiana,
Apotheco Pharmacy Group bringing specialized delivery service to Carmel
A New York-based chain of independent pharmacies offering pick-up and delivery services is planning its Midwestern debut with a new store in Carmel.
CIB approves $62 million in contracts for Fieldhouse overhaul
The board approved eight bids—mostly to local firms—for the first and second phases of the $360 million project.
Developer, town of Speedway locked in fight over stalled Wilshaw hotel project
Correspondence obtained by IBJ between town officials and the developer reveal a tug of war over information on the hotel’s status and a disagreement over whether the company has violated a project agreement.
Indianapolis-area homebuilders end 2019 with second-half surge
A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.
Bru Burger Bar picks Keystone Crossing site for 11th location
Plans call for the gourmet burger restaurant to occupy 4,855 square feet on the ground floor of a new office building, with indoor seating for up to 135 people and additional patio seating.
Holiday sales rose 4.1%, nation’s largest retail trade group says
The positive December figures were partially offset by downward revisions to October and November sales. That suggests consumer spending likely grew more slowly in the final three months of last year than previously expected.