The city has a preliminary agreement in place with WoodTurningz Inc. and Texon Towel and Supply Co. to abate most of their property taxes over the next eight years if the companies meet hiring goals.
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To stay in the Nora neighborhood, DL Lowry Salon is taking over the former home of the Indiana Lions eye and tissue transplant bank, which has moved to Carmel.
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The family behind Usta Turkish and Mediterranean Restaurant, slated to open in Broad Ripple by the end of the month, scouted several options for moving once it was forced to close its location in Bloomington, Illinois.
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Luxori Salon, a startup, and B. Bliss Spa, which moved to Monument Circle from the Stutz Business and Arts Center, have taken the space formerly occupied by Studio 2000, a longtime salon and spa that closed last summer.
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A $7 million, three-phased relocation project will move more than 600 employees across several city agencies from various rented spaces to either the City-County Building or the new Community Justice Campus, on Southeastern Avenue.
The changes come after Indianapolis-based Kite acquired most of the 163,500-square-foot shopping center for $29 million in January.
Chicago-based ActiveCampaign, which opened an Indianapolis office in 2019, had been searching for months for a new, larger space. Its new office will be an 8,800-square-foot space on Mass Ave.
IntelinAir, which was formed in 2015, said this is its largest round of funding to date. The company moved its headquarters to Indianapolis from Illinois last month.
The Wine Market, which opened on Virginia Avenue in 2017, is bursting at the seams. Its owners are investing more than $2 million to buy and renovate a new space in the heart of Fountain Square.
The three owners of 4-year-old Witch Hazel say it needs more room to accommodate growth, despite the challenges posed by the pandemic.
IMH said it plans to move Mainstay’s equipment and its 38 employees to its Indianapolis facilities by year’s end. Both companies are in the metal fabrication business.
New owner Timken Co. plans to consolidate the local plant’s operations in Illinois. Diamond Chain was founded in 1890 as the Indianapolis Chain & Stamping Co., originally to produce chains for the nation’s fast-growing bicycle industry.
The sandwich shop will move a few blocks away as a developer makes plans to convert the building into a hotel. Also this week: Native Bread, VetIQ and Paco’s Taqueria.
The owner of Taste plans to reopen early next year in a new space within a mile of the former restaurant at 52nd Street and College Avenue.
