MoFoCo, formerly the Monon Food Co., plans to open a downtown location March 27, while Bob’s Discount Furniture prepares to launch from two stores formerly occupied by a local furniture heavyweight.
City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.
Glass has transformed the culture of IU’s athletic department for the better, IU sources said, but that legacy could be obscured by whom he hires to replace Tom Crean as men’s basketball coach.
David Contis, Simon Property Group’s president of mall operations, is resigning from the Indianapolis-based retail real estate giant to “spend more time with his family,” the firm said in an SEC filing.
Roughly 160,000 square feet in the Landmark Center will be available once two large tenants vacate the complex—one a well-known company with a big downtown presence.
Struggling Marsh Supermarkets’ best bet at this point would be to close underperforming stores and find buyers for its most profitable ones, industry experts say.
Hope Plumbing expects to sink $1 million into the project about a block from its current home to accommodate its growth. It’s seeking a tax abatement from the city to help offset costs.
Carmel Clay Schools and Sheridan Community School Corp. on Tuesday will ask voters to approve a seven-year tax hike for operational funding, and Westfield Washington Schools will ask to cover $90 million in construction projects.
In the biggest economic development agreement Indiana has reached in more than a decade, India-based technology consulting firm Infosys Ltd. on Tuesday announced plans to open an $8.7 million tech and innovation hub in central Indiana.
Construction on the four-story structure should start next month and will continue a campus transformation featuring more than $220 million in projects.
Carmel Clay Schools and the Sheridan Community School Corp. had proposed seven-year tax hikes for operational funding, and Westfield Washington Schools asked taxpayers to cover the costs of $90 million in construction projects.
Washington Prime Group Inc. plans to remodel and add retail spaces to the Regal Cinemas theater near the northeast corner of Greyhound Pass and 146th Street.
A local startup with about 100 investors is making bigger acquisitions by progressing from rental homes to apartments, starting with a complex in Garfield Park.
