Without a rapid-fire lease deal and renovation, the former Nordstrom anchor space at Circle Centre will sit idle for a second holiday season. The more general-audience-oriented department store chain Macy’s remains the odds-on favorite to replace Nordstrom, though it would take only a portion of the available space.
Kite Realty Group Trust is planning a Rivers Edge-like overhaul of two shopping centers it owns at 116th Street and Rangeline Road in Carmel. The Indianapolis-based real estate firm already has landed new tenants, including a natural and organic grocery store and a handful of restaurants.
Simon Property Group Inc. this year joined the Standard & Poor’s 100 Index, a listing of the nation’s largest and most established companies including Apple, Coca-Cola and McDonald’s. The Indianapolis-based company is the only real estate company on the list and is now the largest real estate company in the world.
One of the most conspicuous local remnants of the condo crash—an unfinished $150 million South Carolina-themed community near Keystone at the Crossing—could finally be completed, as apartments.
The best talent in the Indianapolis area is flocking to interesting offices … with kegs.
Restaurant roundup highlights: Daytime chain First Watch is headed downtown; Ohio favorite Matt the Miller’s Tavern is expanding to Carmel; and local owners are preparing to debut a new cigar and cocktail bar in Broad Ripple.
Several new restaurants are poised to open in central Indiana, including Brewstone Beer Co., Toppers Pizza, Ocean Prime and Wings Etc.
Starting Thursday, a free shuttle service will carry Super Bowl visitors to Indianapolis-area hotspots such as Massachusetts Avenue, Fountain Square and Broad Ripple, or as far away as Carmel, Greenfield, Shelbyville or the village of Zionsville.
David Simon's massive new compensation plan—which includes a $120 million long-term bonus—is a drop in the bucket compared with the wealth the company has been creating in recent years, even as the overall market zigs and zags.
Second in a series of visits to eateries that have recently movedinto the digs of former eateries.
Patachou is getting some new competition. A breakfast-and-lunch chain called First Watch plans to open at least five new locations in the Indianapolis area.
The 617 parking spaces at the newly renovated Rivers Edge shopping center meet the minimum commercial-zoning allotment—but just barely.
As many as four large restaurants could open in the first floor of the former Nordstrom at Circle Centre mall under a plan floated by mall manager Simon Property Group Inc.
A local developer has acquired the northwest corner of 86th Street and Keystone Avenue and is working on plans for a $40 million apartment and retail project.
The massive space in Circle Centre mall vacated by high-end retailer Nordstrom could be used to host corporate events surrounding the big game.
Brokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate, opting for locations near concentrations of affluent and educated consumers.
A veteran local homebuilder is tearing up the suburban residential playbook with a new project in Carmel that offers tightly spaced bungalows clustered around grassy courtyards.
Merchants’ Square shopping center, built in 1970 as the enclosed Keystone Square Mall and redeveloped into an open-air center and renamed in the mid-1990s, is riddled with vacancies and bracing for another high-profile departure, despite its prime location.
Indianapolis International Airport officials could know by next week whether the Borders bookstore inside the terminal will survive a third round of store closures tied to the chain’s Chapter 11 bankruptcy proceedings.
Anchor store Carson Pirie Scott negotiated a new lease in January, giving the downtown mall added stability at a key time.
