Update: Villaggio retail spaces sell for $693,000
The seven units totaling 14,500 square feet hit the auction block to help satisfy a loan default on the property totaling $5.2 million.
The seven units totaling 14,500 square feet hit the auction block to help satisfy a loan default on the property totaling $5.2 million.
The developer of the condo project on Virginia Avenue defaulted on the balance of an $11.6 million loan, prompting the sale of the ground-floor storefront units.
I’ll confess that my guest and I had some good laughs on our way to lunch at the new Fletcher Place eatery. The jibes ended quickly, though, once the food arrived.
In the last two years, the number of microbreweries operating in Indiana has roughly doubled, to 96. But can the industry sustain such blistering growth, especially in Indianapolis, where much of the activity is occurring, without foaming over?
Observers question architectural creativity, quality of materials in some new downtown apartments.
The eclectic eatery Milktooth offers another option to Fletcher Place, while Caffe Nonna should open nearby later this month. Also, for those awaiting the arrival of Giordano’s, it could come by the end of the year.
City officials have selected Deylen Realty’s proposal to build a five-story apartment-and-retail project on a surface parking lot the city has owned for years.
Demand for office space in the neighborhood is driving Deylen Realty’s $1.2 million redevelopment of a building on South College Avenue that originally housed a bowling alley.
The not-for-profit that oversees the Indianapolis Cultural Trail and the Indiana Pacers Bikeshare program plans to shed its training wheels and renovate a former service station along the trail as its headquarters.
Round Town Brewing Co. has plans to open downtown, while Hotel Tango Whiskey has begun serving in Fletcher Place. Also, it’s official: Sangiovese Ristorante is moving to Ironworks.
This is far from the first time that heirs and beneficiaries of the Lilly family fortune have tangled over how it was managed.
The vacant property west of Lucas Oil Stadium could get a boost from redevelopment efforts at the former GM stamping plant site just across White River.
A strip of restaurants has turned a previously anonymous stretch of real estate into a culinary destination. The latest neighbor: Chilly Water Brewing Co.
Fletcher Place on the southeastern edge of downtown for years served as little more than a pass-through for folks traveling between downtown and Fountain Square. But the triangle-shaped historic neighborhood is starting to carve out its own identity by drawing more residents and visitors to patronize the restaurants and drinking establishments sprouting along Virginia Avenue.
Chilly Water Brewing Co. is making batches in The Hinge along Virginia Avenue, while Gandolfo’s is coming to CityWay, where Chicago’s Yolk also will open.
A local developer plans to build 14 houses in the up-and-coming neighborhood as part of a project that could include a two-story mixed-use development along East 10th Street.
Fletcher Place Community Center eases the suffering of persons who are homeless or living in our southeast-side service area through the compassion of Jesus Christ, as shown by our volunteers, donors and staff.
The $10 million, 68-unit mixed-use apartment project at 501 Virginia Ave. will include 9,900 square feet of ground-level retail space along the Cultural Trail. Construction is set to start in mid-May.
The owners of Westfield’s popular Local Eatery and Pub are opening a new restaurant in the Ambassador building. Its kitchen will be captained by the former co-executive chef of Fletcher Place hotspot Bluebeard.