Commercial real estate prices are skyrocketing in Fountain Square, where property owners seem emboldened by a resurgence of interest in the historic neighborhood southeast of downtown.
By buying Macerich, the largest U.S. mall owner would expand its holdings on the West Coast and add top-tier properties that rarely come up for sale. The offer will be withdrawn if Simon is unable to meet with Macerich to negotiate terms of an agreement by April 1.
An affiliate of PK Partners purchased the property at the southeast corner of 46th Street and College Avenue that for decades housed a Double 8 Foods store and is searching for a restaurant or retail tenant.
The NCAA president, who famously ended his debacle of a Final Four news conference two years ago with, "I'm still standing. I know you're disappointed," has been striking a much different tone this year.
The company missed out on a rare opportunity that would have brought dozens of high-end malls into the fold, but it still has solid growth opportunities without the $23.2 billion deal, analysts say.
What should we expect if plans go through for the conversion and expansion of the former city hall and state museum into a 21c Museum Hotel? Judging from a recent trip to the flagship 21c in Louisville, the answer is: an expansive venue housing a mind-expanding array of 21st century work. Also, an anchor for the downtown art scene. Plus, a top-tier (and free) tourist attraction.
The Eagle restaurant for Southern cuisine won’t be moving into part of Stout’s Shoes after all. It has signed a lease to occupy a bigger space just a stone’s throw away.
In driving today’s innovations, we sometimes take for granted that computers are woven into just about every aspect of our personal lives and businesses.
Fine artist Kyle Ragsdale grew up in Texas and spent years in New Mexico. But when it came time to put down roots in Indianapolis, where he’s lived since the 1990s, he chose the Fountain Square neighborhood.
Despite the defiant results of the Greek referendum that rejected further economic austerity in return for a cash infusion to deal with their debt crisis, it appears U.S. investors are betting the situation will be adequately solved.
Ironworks at Keystone will boast a new-to-Indy burger joint this month, as a tea shop pours into the nearby Fashion Mall. In Fletcher Place, the new restaurant Repeal harkens back to 1933.
A Mexican eatery replaces Taverna on Broad Ripple Avenue, while a bar chain takes the Bravo space at Greenwood Park Mall. Also, Discount Tire is building where Chinese Ruby once stood.
Secretary of State Connie Lawson is spearheading the effort to make it easier for businesses to take the steps they need to get registered and get started.
Ash & Elm Cider Co. plans to open early next year in space along East Washington Street on the near-east side, while Big Lug Canteen should start serving beers next month from the old Snooty Fox building in Nora.
