Articles

Foot Locker taking Flagstar space

Foot Locker has filed plans to open a 3,300-square-foot store at the corner of Meridian and Washington streets downtown. The space currently is home to Flagstar Bank, which plans to move to…

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Farewell, mediocre pizza buffet

At the top of a lunch-time retail roundup: Downtown’s Bearno’s Pizza has closed and will be replaced by Flagstar Bank. A sign on the door says to look for Bearno’s elsewhere in…

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Noble Roman’s rebuilds empire through franchising

Noble Roman’s Inc. stock this year has been rising nearly as fast as its pizza dough, defying skeptics who’d written off the
long-ailing Indianapolis company. With a new business strategy built on franchising and dual-branded restaurants, Noble Roman’s
has seen quarter-to-quarter earnings increase for more than two years.

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Indy fitness craze continues

With so many new fitness chains entering the central Indiana market, will Hoosier become synonymous with svelte? The latest additions: A Minnesota fitness chain has plans for new locations in Avon, Brownsburg, Carmel,…

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Simon defending Fashion Mall turf

At least one local broker thinks Simon’s plans to expand the Fashion Mall are a competitive jab at Premier Properties, which is planning a mixed-use development called Venu southwest of the intersection of…

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Dealer Services Corp. has rival Adesa taking notice

Dealer Services Corp. is an example of what happens when an entrepreneur sells his company to a bigger one and then comes
back to haunt it after he is tossed aside. In this case, the spurned entrepreneur, John Fuller, became a thorn to Adesa Inc.
a few years after its CEO sent him packing in late 2001.

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New Pan Am owner has retail plans

A Houston firm has agreed to buy Pan Am Plaza’s office building, skating rinks and the plaza itself. The company, Principle Equity Management, is planning a low-rise, restaurant-anchored development that would…

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Tax abatement on Aisle 5

Marsh Supermarkets is hoping for final approval next month of a five-year tax abatement worth about $50,000 for a renovation of its downtown O’Malia’s store. The company plans to invest $1.5 million…

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Brugge Brasserie gastro-pub to produce line of 10 beers

Since mid-2005, Brugge Brasserie’s beer tanks have been operating at full capacity–pouring out 400 barrels of its signature
Belgian brew each year. Now the Broad Ripple gastro-pub is aiming higher. Brugge owner Ted Miller is set to start producing
a line of 10 bottled beers–plus seasonal specialties.

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Airport prepared to fly solo after departure of BAA

The Indianapolis Airport Authority’s management contract with British firm BAA unceremoniously expired July 15, and authority
officials taking the helm for the first time since 1995 say they’re confident they are prepared to continue to innovate as
they prepare to open a new terminal.

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Sizzling malls add more new stores

North-siders are set to get even more shopping and dining options in the coming months. Several new retailers have filed plans to open new stores in the Fashion Mall at…

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Furniture chain eyes 3 Indy stores

A Chicago-based furniture store is planning three new locations in Indianapolis. Harlem Furniture has 16 stores in Chicago and Northwest Indiana. The first central Indiana store, in Greenwood, replaces the old Frank’s…

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A ‘bounce house’ to rule them all

This has to be the coolest use of warehouse space yet. A Fishers company called BounceZone has leased 12,000 square feet northwest of 146th Street and Cumberland Road in Noblesville with plans…

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Town Center eyed for Bloomington

One of the companies promoting Hamilton County’s Saxony is also leasing a new town center project in Bloomington. The 575-acre development would sit northwest of the intersection of State Road 37 and…

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Around town retail roundup

Several new stores and restaurants have filed plans to open locations all over the city. Wherever you live, chances are there’s something coming nearby. North: The area’s first location for salad-focused Tossed…

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Red Robin, Red Robin …

Colorado-based burger chain Red Robin is entering the Indianapolis market in a big way starting later this month. The chain plans to open its first location in Plainfield on June 18. It…

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Cabela’s getting $18M in city bonds

The city of Greenwood plans to help with financing on a Cabela’s store at the southeast corner of Interstate 65 and County Line Road. The Nebraska-based outdoors retailing giant has a deal to…

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Redevelopment in Greenwood area

Southsiders may have wondered what’s going on at the northeast corner of Madison Avenue and County Line Road, across from Lowe’s and McDonald’s. Well, wonder no more. Locally based Peacock Companies is planning a new retail strip with outlots including…

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A shopping center by any other name

I’ve got news on The Shoppes at Providence at Old Meridian, a new mixed-use project in Carmel. But first, a question: What’s the deal with the name? And second: What suggestions do you have for even more pretentious ones? How…

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LA Fitness proposed for West Carmel

People on the northwest side could get another fitness option to go with a brand new Gold’s Gym that just opened near 86th Street and Michigan Road. A development fact sheet from…

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