New coworking space to double as furniture showroom
The new concept will occupy the entire top floor of one of the Pyramids office buildings. Also this week: Black Acre, Taste of Havana, Chef JJ’s Backyard and Gauchos Brazilian Steakhouse.
Susan Orr
Articles
Hotel planned for King Cole building downtown
Interior demolition appears to have already begun, and several tenants told IBJ that they have either already moved out or have been asked to vacate by the building’s owner.
New player to test Indianapolis-Chicago bus service
As Amtrak prepares to end its Hoosier State train service from Indianapolis and Chicago, New York City-based startup Our Bus sees an opportunity to launch its own route.
Will residents jump aboard IndyGo’s Red Line?
IndyGo has big expectations for the bus rapid transit route—including a 69% increase in ridership along the north-south corridor by this time next year.
Granite City’s restaurant in Circle Centre closes
Locations in Carmel, Fort Wayne and Mishawaka were open on Thursday and are still listed on company’s website, but the Circle Centre location was locked and dark.
Former Indianapolis broker barred from working in industry
The former Charles Schwab broker allegedly used a client’s tax refund for personal use, which led to his termination.
Roundup: Texas Margarita’s restaurant opens on North Keystone
The new venture replaces another Mexican restaurant at the site. Also this week: Steak n Shake, Rise ‘n Roll Bakery, Hitherto Coffee & Gaming Parlour and BoxLunch.
Cummins president to retire after 40-year career with company
The retirement of President and Chief Operating Officer Rich Freeland will spark several executive-level promotions at the Indiana-based manufacturer.
Hoosier manufacturers say they’ve been prepping for recession
Companies banged up during the Great Recession a decade ago have been preparing for the next slowdown by keeping workforces lean, adding technology and avoiding excessive debt.
Indianapolis airport to expand parking garage by 1,500 spaces
The Indianapolis International Airport plans to add 1,500 spaces to its parking garage, but only some of those spots will be designated for visitors who drive their own vehicles to the airport.
Spenga fitness chain entering Indianapolis market
The Chicago-based chain is the latest in a rush of similar announcements. Also this week: Beauty Brands, Normal Coffee, Got Sole? Boutique and more.
Celadon hires consultant to lead turnaround efforts
Richard Stocking, who until recently served as CEO of trucking giant Swift Transportation, will lead Celadon’s troubled trucking services unit as chief transformation officer.
Allegiant adding two new nonstop routes from Indianapolis
With the addition of the new year-round routes, Allegiant will offer service from Indianapolis to 15 cities in the South and Southwest.
Wei Ramen restaurant preparing to open downtown
Upstairs from Wei Ramen, and under the same ownership, Indy Cyber Cafe plans to offer coffee, desserts and a pay-for-use business center.
Gomez BBQ branching out from City Market
The homegrown venture will open its first stand-alone restaurant on East 10th Street. Also this week: Peloton, Culver’s, Lululemon and more.
Women’s retailer Charlotte Russe to reopen in Castleton Square
The company shut down all five of its Indianapolis-area stores earlier this year after filing for bankruptcy, but the brand has a new owner that is reopening stores in some locations.
Kite Realty Group sells off 14 properties for $415 million
The divestitures are part of what the company calls Project Focus, a previously-announced project to sell off non-core assets and pay down debt.
Developers, investors race to capitalize on ‘opportunity zones’ tax break
The federal “opportunity zones” initiative, designed to spur investment in low-income communities nationwide, is still in its early stages—but it’s already grabbed the attention of local developers and investors. Created as part of the federal tax legislation known as the Tax Cuts and Jobs Act of 2017, the initiative offers substantial tax breaks to those […]
Jonathan Brooks’ Beholder restaurant has had a tough year
Business has been slow to build at Beholder, which isn’t yet consistently profitable and has had to cut staffing to the bone.
Long-time ‘haunted house’ relocates to new permanent digs
Nightmare on Edgewood, which had operated its haunted attraction at the Edgewood Athletic Association for decades, recently moved and will use its new space to lure customers throughout the year.