Real Estate & Retail

Broad Ripple restaurant closesRestricted Content

January 19, 2009
Scholar's Inn Bakehouse has closed its cafe at the corner of College and Broad Ripple avenues in Broad Ripple. The locally based chain still is operating the Scholar's Inn Restaurant & Lounge along Massachusetts Avenue downtown.
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New restaurants open in downtown IndianapolisRestricted Content

January 12, 2009
Two new restaurants near the corner of Washington and Pennsylvania streets have opened their doors.
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Portrait and Pasquinelli Homes winding down in IndianapolisRestricted Content

January 12, 2009
Cory Schouten
One of central Indiana's largest condominium builders may have to exit the market because of slowing demand and problems with financing. At peak, Chicago-based Portrait and Pasquinelli Homes was building 250 units per year in Indianapolis
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Green bills sprout at StatehouseRestricted Content

January 12, 2009
Chris O'Malley
Legislation filed in the Indiana General Assembly this year seeks renewable energy mandates, stricter building codes throughout Indiana.
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UPDATE: Macy's closing wounds ailing mall

January 8, 2009
Scott Olson
Macy's decision to close its store at Lafayette Square could deal a devastating blow to a mall already reeling from the loss of other major tenants.
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Indiana artisans craft national nicheRestricted Content

January 5, 2009
Gabrielle Poshadlo
Local artists Theresa Goodwin and Chris Foster are promoting their businesses via the Internet and by connecting with boutiques and other buyers through trade shows—a strategy that's boosting many niche firms.
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Companies selling indulgences find ways to get byRestricted Content

January 5, 2009
Sam Stall
Many Indianapolis-area folks who sell products and services that can't, by even the most tortuous logic, be described as "needs"are weathering the recession quite well. At least for now.
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High-flying Premier Properties crashes

December 29, 2008
Cory Schouten
The founder of local real estate firm Premier Properties USA Inc. saw his company falter this year and faced three felony charges in connection with its downfall.
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Light rail will move Indianapolis forwardRestricted Content

December 29, 2008
Christopher B. Leinberger
There is a new way of building the Indianapolis area that is struggling to be born. It is different from how you have built the place over the past 60 years but it is essential to your future.
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New shop offers nutrition, exercise adviceRestricted Content

December 29, 2008
Whitney Lee
Fitness-minded partners collaborate to open a Broad Ripple nutritional supplement store.
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Market owner: "Look into the future"Restricted Content

December 29, 2008
Sarah Layden
Georgetown Market has stayed in the health food game since 1973, in part because of owner Rick Montieth's ability to see down the road.
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Plainfield salon a family enterpriseRestricted Content

December 29, 2008
Amanda Getchel
Beth Metzger has talked about opening a salon and day spa with her daughter, Jill Dennis, for years.
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Activist shakes up Steak n Shake after taking controlRestricted Content

December 29, 2008
Cory Schouten
After months of agitating for changes at The Steak n Shake Co., investor Sardar Biglari finally got a shot at putting his theories into action.
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Mass Ave shops thrive 'in the city'Restricted Content

December 29, 2008
Jo Ellen Meyers Sharp
Talk to anyone about Kristin Kohn and her "In the City" ventures and you hear the same thing, over and over: Smart. Enthusiastic. Fun. Entrepreneurial. And hardworking, especially when it comes to Massachusetts Avenue.
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Davis Homes folds, other builders struggleRestricted Content

December 29, 2008
Cory Schouten
Davis Homes, one of the state's largest home builders, fell victim to the tough housing market, ceasing operations July 23.
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Angie's List chief builds company, rebuilds Holy CrossRestricted Content

December 29, 2008
Peter Schnitzler
For several years, Angie's List CEO Bill Oesterle also has been quietly attempting to revitalize the near-east side.
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Ex-Noblesville official paved way for project after resigning post

December 22, 2008
Cory Schouten
A quick turnaround from city official to high-paid land-use lobbyist raises questions for some critics of revolving-door government.
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Struggling City Market loses subsidyRestricted Content

December 22, 2008
Peter Schnitzler
Indianapolis Mayor Greg Ballard has notified the City Market that the financially strapped city is phasing out its subsidies to the historic downtown fixture, which account for one-quarter of the market's nearly $1 million budget.
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Businesses on MLK give revitalization another shotRestricted Content

December 22, 2008
Whitney Lee
The newly organized MLK Business Revitalization Association aims to bring new life to the neighborhood west of downtown by uniting area business owners behind a common goal -- cleaning up the community to attract other entrepreneurs.
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Distribution holds promise for Central IndianaRestricted Content

December 22, 2008
Chip Cutter
A new report shows that, despite a sluggish national economy, the Indianapolis area should continue to attract industrial businesses and distribution centers next year.
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Apartment revitalization work begins in IrvingtonRestricted Content

December 22, 2008
Apartment developer Christopher Piazza has closed on financing for a $1.2 million renovation of a 1914 apartment building in Irvington.
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City government should shop locallyRestricted Content

December 22, 2008
Good luck getting people to buy from local vendors or manufacturers.
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Kroger, Marsh continue store-upgrade spreeRestricted Content

December 22, 2008
Sam Stall
Even in the midst of a recession, one form of economic activity continues apace -- supermarket construction and refurbishment.
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Plan calls for creating a downtown feel at IUPUI campusRestricted Content

December 22, 2008
J.K. Wall
In 20 years, IUPUI leaders want their campus to feel more like the rest of downtown — taller buildings, more parks, more people hanging out — and they want to connect it to the city's core.
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Kite drops about 10 percent of its staff as retail market floundersRestricted Content

December 15, 2008
Cory Schouten
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes with dried-up credit and a soft retail market.
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