The explosive growth in craft breweries is starting to slow in Indiana, and a smattering of players have gone out of business. Yet industry observers remain bullish on the market.
The lengthy battle between the city of Carmel and residents of the 1,017-acre unincorporated area of Clay Township started in 2004 when Carmel voted to include the community in the city's boundaries.
The dry cleaner counts more than 450 locations worldwide, but hasn’t had a presence in Indiana until now. Also in the roundup: more pizza joints and ice cream shops.
The Indianapolis Colts will pay Westfield for using Grand Park and let the sports complex keep revenue from parking fees and food and beverage sales. But there are costs associated with hosting the training camp.
Simon Property Group Inc., the nation’s largest mall owner, is getting a big assist from an unlikely source in its bid to backfill wide swaths of space left by failed or struggling clothing chains.
Sugarfire Smoke House won’t begin serving customers in early fall, as it had previously announced. Meanwhile, there’s turnover at another prime retail spot on Washington Street.
A new study shows that Indianapolis area home values have increased just 12.8 percent increase over a 15-year period. That’s less than in metro areas on the coasts and even some in the Midwest.
Officials from Fishers and Noblesville, which share ownership of the 37-mile railroad corridor with Hamilton County, voted Monday morning to select the only bidder that plans to use just the northern part of the track. Hamilton County officials abstained from the vote.
Carmel’s total liabilities have swelled to nearly $1.2 billion including principal, interest and other debt payments, according to the Indiana Department of Local Government Finance.
While many retailers are closing stores in droves, one store catering to teens and preteens is expanding its footprint across the country and planning to open a location in Whitestown.
Milhaus has attracted three retail tenants to its new 747 apartment building on Mass Ave, while the vacant Marrow space has added some meat to its bones.
Children's clothing retailer Gymboree Corp. is closing 350 stores—including multiple shops in Indiana—as its works to restructure in bankruptcy. The Indianapolis area did not avoid the closure list.
The owners of the Indy Fuel professional hockey team and Indianapolis-based developer Gershman Partners announced plans Monday to team up on a $40 million-plus sports, family entertainment and hospitality complex on 60 acres along Interstate 65 in Greenwood.
