Village Pantry’s headquarters on the northeast side of Indianapolis is closing as a result of an office consolidation between the convenience store operator and another in North Carolina, both owned by Sun Capital Partners Inc. The merger of accounting and administrative functions will take Village Pantry CEO Mick Parker and at least nine other executives […]
Village Pantry’s headquarters on the northeast side of Indianapolis is closing as a result of an office consolidation between the convenience store operator and another in North Carolina, both owned by Sun Capital Partners Inc. The merger of accounting and administrative functions will take Village Pantry CEO Mick Parker and at least nine other executives […]
Last week, in a contest to win a family four-pack of tickets to see “Walking with Dinosaurs-The Arena Spectacular,” coming to Conseco Fieldhouse July 8-12, I asked you to write in your favorite dinosaur or dinosaur moment. Among many a Dino and Tyrannosaurus Rex, here are some of your other favorite dinosaurs: “The one Fred […]
Local accounting firm London Witte Group LLC’s decision last June to take a chance on an empty midtown office building is suddenly looking like a winner. The former Grain Dealers Mutual Insurance building at 18th and Meridian streets is now essentially fully leased thanks to an agreement by Clarian Health Partners to occupy the bulk […]
Normal 0 false false false MicrosoftInternetExplorer4 Tony George is still the CEO of Indianapolis Motor Speedway. How much longer he holds the title remains unclear. Yesterday afternoon, track officials denied a report that the board of directors voted to oust the 49-year-old CEO and said that George has instead been asked to create a more […]
A 132-unit apartment complex in Anderson that became mired in an alleged $225 million Ponzi scheme last year has a new owner. Bloomfield, Ind.-based Renewing Properties LLC has purchased the Hilltop Apartments at 4529 Columbus Ave. for a “little below $2 million,” said George Tikijian of Tikijian Associates, which brokered the deal. The complex fell […]
In Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures,
including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
This summer, Starfish Initiative will welcome a new class of scholars to its freshly painted offices with all new furniture, spacious meeting rooms and an inviting lounge.
The Greek Orthodox families of central Indiana worked for 10 years to build their new gold-domed church in Carmel, but they aren’t finished sacrificing. The 500-family congregation now must pay off the $9 million building, just as the recession and stock market collapse have wiped out some families’ ability to make good on pledges. “We wish, maybe, we hadn’t got […]
The 154-year-old Jefferson County Courthouse caught fire last night, and the damage looks serious. Workers were finishing up renovations in preparation for Madison’s bicentennial next month. You can follow Twitter updates from the Madison Courier here. The…
Voters rejected millions of dollars in school projects in special elections yesterday in central and northern Indiana. In the Mooresville school district south of Indianapolis, voters rejected a proposed $50 million middle school, 2,689-1,674, and a $45 million high school renovation, 2,564-1,780. In the Nineveh-Hensley-Jackson school district that straddles Johnson and Morgan counties, a proposed […]
Indianapolis-based Simon Property Group Inc. is supporting Target Corp.’s efforts to maintain ownership of its real estate rather than transferring it into a separate company as an activist shareholder is suggesting. Pershing Square Capital Management, a hedge fund engaged in a proxy battle with the Minneapolis-based retailer, is proposing that Target put its real estate […]
Indianapolis-based Simon Property Group Inc. is supporting Target Corp.’s efforts to maintain ownership of its real estate rather than transferring it into a separate company as an activist shareholder is suggesting. Pershing Square Capital Management, a hedge fund engaged in a proxy battle with the Minneapolis-based retailer, is proposing that Target put its real estate […]
A recreational vehicle company plans a joint project with an electric engine maker in northern Indiana to begin producing what they say would be the first light-duty electric pickup truck. Executives from Gulf Stream Coach and Electric Motors Corp. announced the project today in the Elkhart County town of Wakarusa. The companies said they planned […]
The Indianapolis Housing Agency has selected Flaherty & Collins Properties to lead an effort to develop land that surrounds two downtown public housing towers. The group’s board picked the locally based developer from five contenders at a meeting yesterday afternoon. The parties still must negotiate a development agreement with details, including the price for three […]
The Indianapolis Housing Agency has selected Flaherty & Collins Properties to lead an effort to develop land that surrounds two downtown public housing towers. The group’s board picked the locally based developer from five contenders at a meeting this afternoon. The parties still must negotiate a development agreement with details, including the price for three […]
Normal 0 false false false MicrosoftInternetExplorer4 One of the city’s largest hotels has been acquired and could be in for a major brand change. The Adam’s Mark Hotel Indianapolis, the area’s sixth-largest hotel, was purchased in April by Scranton, Pa.-based Nexus Hospitality Management, hotel officials announced yesterday. San Francisco-based Chartres Lodging Group LLC […]
One of the city’s largest hotels has been acquired and could be in for a major brand change. The Adam’s Mark Hotel Indianapolis, the area’s sixth-largest hotel, was purchased in April by Scranton, Pa.-based Nexus Hospitality Management, hotel officials announced yesterday. San Francisco-based Chartres Lodging Group LLC sold the 407-room hotel, located near the airport […]
Indiana and Purdue universities are well-positioned to take advantage of the $11.5 billion available for life sciences and
biotech research from the federal stimulus package.
Undaunted, some entrepreneurs still count on franchises, despite the shaky economy.
