EDITORIAL: Circle Centre needs plan to secure future
Circle Centre's size and location, filling more than two entire blocks in the heart of downtown, make the mall critical to the city’s considerable convention and tourism business.
IBJ Staff
Articles
Indiana Repertory Theatre inks 10-year extension to stay downtown
The theater’s new 10-year lease for the 1927 city-owned landmark on West Washington Street hands management duties to IRT and includes an option to renew for another 10 years.
Sallie Mae lands $2.4M in tax incentives for local expansion
As IBJ first reported Thursday morning, Newark, Delaware-based Sallie Mae plans to spend $15.7 million on the new office at 8425 Woodfield Crossing in northeast Indianapolis and add 278 workers to its existing staff.
Sallie Mae planning hundreds of jobs at new Indy office
Student loan provider Sallie Mae Bank is expected to announce plans Thursday morning to spend nearly $16 million on a collections office and call center that will hire up to 278 people before the end of 2023.
UPDATE: Colts lock up quarterback Luck through 2021 season
Quarterback Andrew Luck has signed a new contract with the Indianapolis Colts that will make him the NFL’s top-paid player, the Colts announced Wednesday afternoon.
Credit ratings firm says Carson’s parent in danger of default
Debt-laden Bon-Ton Stores Inc. operates just one store in Indianapolis, but that store is the largest tenant in Circle Centre—and considered a vital occupant for the downtown mall.
Paradise Bakery & Cafe in Chase Tower to close Friday
Paradise already had indicated to its landlord that it wouldn’t renew its 10-year lease for the 4,700-square-foot space, which expires next year.
Residential Real Estate: Marketplace
Housing Sales March 1 – May 31 MORE FROM IBJ Click here. The housing market is hot but the challenge is a lack of inventory, said F.C. Tucker Co. President Jim Litten. Currently, there are about 9,000 listings in central Indiana, although about 20 percent of those are under contract with an agent accepting […]
EDITORIAL: Absurd vaping law needs do-over
Pence should find a way to postpone the law’s implementation and the General Assembly should rewrite the legislation to ensure it’s fair to all—consumers and business owners alike.
PROXY CORNER: The Finish Line Inc.
Indianapolis-based The Finish Line Inc. is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories. The company operates 980 Finish Line locations, primarily in U.S. malls and Macy’s department stores, and 72 running specialty stores.
Indy is good place to be a real estate agent
Real estate agents in Indianapolis have the highest median wage compared with their peers in 150 cities, according to a report produced by WalletHub. That helped move the city into the consumer website’s list of top places to be a real estate agent. Indianapolis ranked seventh overall. That’s pretty good considering the state finished dead […]
Keller Williams’ north office establishes downtown presence
A local Keller Williams Realty Inc. franchise has expanded its reach by opening a downtown office in Regions Tower. The roughly 3,500-square-foot location on the 13th floor is an extension of the Keller Williams Indianapolis north office at 11550 N. Meridian St. in Carmel. It is the ninth-largest residential real estate agency in the Indianapolis […]
Hoosiers to receive $8.6 million in e-book credits
The compensation affects purchases made from April 1, 2010, to May 21, 2012. For each e-book that was a New York Times bestseller, consumers will receive $6.93. For all other e-books, the payment will be $1.57.
Startup tech firm Sigstr plans $1.4M expansion, 111 new jobs
The firm, which helps companies use their email signatures for marketing, will double its space in the Circle Tower Building in downtown Indianapolis.
Report: Indy metro area accounts for 40 percent of state economy
Indianapolis' gross metropolitan product was $130.8 billion in 2015, which ranked it 26th among U.S. metro areas. It's projected to grow 3.6 percent this year and 4.8 percent in 2017.
Existing-home sales surge in central Indiana
Existing-home sales in central Indiana jumped 18.6 percent in May as average sale prices ticked up and inventory dropped significantly.
Japanese manufacturer plans $50M plant, 70 jobs in Indiana
Japan’s largest steel producer announced plans Tuesday to open a subsidiary in Shelbyville in a plant that is expected to be fully operational by spring 2018.
Scotty’s fires management over ‘best butt’ award
Owner Scott Wise said he’s ordered additional sexual harassment training companywide—beyond the training managers already undergo.
Scotty’s fires management over ‘best butt’ award
Owner Scott Wise said he’s ordered additional sexual harassment training companywide—beyond the training managers already undergo.
Indiana unemployment rate drops to 5 percent
Indiana’s unemployment rate was 5.2 percent in April and 4.8 percent one year ago.