Articles

Bar & Grill replacing trophy shop

Brothers Bar & Grill, a small Wisconsin-based chain, has filed plans to replace Broad Ripple Trophy Center at one of the neighborhood’s most prominent corners, said Senior Planner Bryan…

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Future murky for Lafayette Square

If Simon couldn’t revive Lafayette Square Mall, what can be expected from an out-of-town company without the same mall experience? Simon Property Group is selling the 1.2 million-square-foot Lafayette Square Mall to…

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Antiques mall expanding

Midland Arts & Antiques Market plans to open a 12,000-square-foot location in Carmel off of 126th Street between Meridian Street and Keystone Avenue. Midland’s flagship store occupies an historic former door factory and…

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A new floral arrangement

Looking for flowers downtown? There’s a new arrangement, thanks to a shakeup among locally based florists. Enflora Flowers for Business, part of McNamara, plans to open in Chase Tower in early February. And…

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Fountain Square buildings for sale

A prime block of Fountain Square real estate is on the market. Businessman Don Swayze is asking $1.2 million for two buildings and a used-car lot he owns along Virginia…

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Fresh Market rendering

Several people have asked about renderings of the new Fresh Market at 54th and College. The best I can do for now is this color elevation. The top image is the view from 54th Street and shows the entrance for…

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Old Builder’s Square finally leased

The empty big-box Builder’s Square near Lafayette Square Mall finally has a new tenant after sitting vacant more than 10 years. Garden Ridge, a Texas-based home-decor chain, plans to take the 110,000-square-foot…

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Furs, golf, fitness and Whac-A-Mole

A couple of nuggets from recent development plans:

Making Way for Venu: Another Woodfield Centre tenant is moving to make way for redevelopment. Elan Furs has filed plans to take space in Clearwater Shoppes…

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Whole Foods and a retractable roof

Premier Properties, the developer of Venu at 86th Street and Keystone Avenue, has acquired a 13-acre property across the street where another developer had planned to build a Whole Foods and condos. Premier…

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Saxony map features upscale tenants

Is it a wish list, or are some of the nation’s top retailers eyeing the Saxony project in Hamilton County? Some big names, including Lacoste, North Face and Polo, appear on a map…

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Westfield’s booming growth

The 19-square-mile, 24,000-population town of Westfield could balloon to 56 square miles and 110,000 people in the next several years. More than 11,000 new homes are in the works. And the residential rush…

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It’s time for a retail roundup

Southport shakeup. Big changes are underway at Southport and Gray roads on the south side. An LA Fitness, the city’s third, is under construction on 4.5 acres west of Gray Road. The…

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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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