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Home » Castleton Square

Castleton Square

Castleton complex acquired in state’s second-largest apartment transaction

July 22, 2025
Daniel Bradley and Mickey ShueyMickey Shuey

The complex has undergone more than $20 million in renovations since 2020, including luxury-level finishes, fully upgraded kitchens and bathrooms, new roofing, refreshed hallways and fresh paint throughout.

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One dead, one wounded in shooting outside Castleton Square

January 3, 2023
Associated Press

The shooting occurred just before 8 p.m. outside the state’s largest shopping center, the Indianapolis Metropolitan Police Department said.

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Korean barbecue restaurant leaving Fishers Test Kitchen for new location in Castleton

July 29, 2021 | Susan OrrSusan Orr

Korave Korean BBQ, which opened at the restaurant accelerator in 2019, plans to exit the nest in September. The brothers who own the restaurant are also eyeing spots for another Indy-area location.

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Two more tenants depart Circle Centre

January 27, 2021 | Susan OrrSusan Orr

Sunglass Hut and GameStop have closed their Circle Centre stores. Both retail chains still have numerous other Indianapolis-area stores.

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Krispy Kreme files plans for Indy doughnut store

December 31, 2020 | Susan OrrSusan Orr

The North Carolina-based retailer hasn’t had any stores in the Indianapolis market since at least 2011, but it recently filed plans for a store in Castleton.

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Scandinavian Designs furniture chain set to enter market

April 9, 2020 | Susan OrrSusan Orr

The California-based company has 38 stores in 10 states. Its planned Indianapolis location, at a former Toys “R” Us store near Castleton Square Mall, will be its first in the state.

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Redevelopment report has grand vision for car-centric Castleton

March 13, 2020 | Mickey ShueyMickey Shuey

The city of Indianapolis could spend nearly $93.5 million over several years on Castleton’s infrastructure, as part of a broad vision to remake the corridor with better connectivity and walkability.

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Simon Headquarters

CBD retailer to open as many as 108 stores in Simon malls

February 12, 2019

The first store is expected to open in Indianapolis in March at Castleton Square, Simon Property Group and Green Growth Brands announced Monday.

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rop-castleton-jump-020819-450bp.jpg

City seeks walkability, better flow in Castleton

February 7, 2019

Castleton remains central Indiana’s most expansive retail corridor, but does its retail focus—and its car-centric layout—suggest trouble lies ahead?

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Sears’ Castleton, Greenwood closings create opportunities, obstacles

October 31, 2018

One complication is that Sears—not Simon Property Group—controls the Castleton Square space.

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Simon to weather, maybe even benefit from Sears’ decline, analysts say

October 16, 2018

Indianapolis-based Simon Property Group and other mall landlords actually might be looking forward to redeveloping Sears’ massive stores with more promising tenants as the once-mighty retailer enters bankruptcy.

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Castleton Googlemap

City seeks vendor to develop revitalization plan for Castleton

August 21, 2018

City development officials said the plan should “respond to emerging challenges confronting the Castleton area, including evolving national shifts in commercial retailing and aging commercial, office and multifamily areas.”

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Simon hopes to do ‘transformational redevelopment’ of Sears space at Castleton Square mall

May 31, 2018

The two-story location is one of 63 Sears that parent Sears Holdings announced Thursday were “non-profitable” and would be closing.

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Sears to auction off its Castleton Square mall store to raise funds

April 12, 2018

The Indianapolis store is among three in Indiana, and 16 total, that Sears plans to sell and lease back to generate cash for pension obligations.

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Simon settles suit with Starbucks over closing Teavana stores

January 17, 2018

The Indianapolis-based mall owner had sued Starbucks, attempting to stop the coffee giant from closing dozens of Teavana locations at its properties.

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Judge sides with Simon, bars Starbucks from closing Teavana stores

December 5, 2017

A Marion Superior Court judge has granted the Indianapolis-based mall giant’s request for a temporary injunction, at least for now preventing Starbucks from closing 77 Teavana stores in its properties nationwide.

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Gap to close some signature stores, open more Old Navy, Athleta locations

September 6, 2017

The company said Wednesday that it wants to shift focus to its growing brands Old Navy and Athleta while jettisoning hundreds of stores under the Gap and Banana Republic flags.

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Fragrance retailer with local store files for bankruptcy protection

August 29, 2017

Fragrance seller Perfumania has filed for bankruptcy protection, and plans to close 65 of its 230 stores as it focuses more on selling online.

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Macy’s, Kohl’s renew fears of intractable retail slump

August 10, 2017

A fresh round of sales declines at Macy’s Inc. and Kohl’s Corp., though less severe than Wall Street had feared, is renewing concerns that the department-store industry can’t pull out of a years-long slump.

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Teavana store

Starbucks to close all Teavana stores as sales disappoint

July 27, 2017

Four of Teavana’s 379 locations—which will all shut down over the coming year—are in Indianapolis-area malls.

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talbots circle centre

Talbots to close its Circle Centre store in latest clothier exit

January 16, 2017

The purveyor of classic women’s styles isn’t the only fashion retailer planning to close its location in the downtown mall in the next week.

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Local Macy’s, Sears stores escape new round of closures

January 5, 2017

Macy’s on Wednesday announced plans to close 68 of its department stores and eliminate 10,000 jobs. Sears Holdings, meanwhile, is closing 108 Kmart stores and 42 Sears department stores.

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MAY 22-28, 2026

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Lilly goes on $21B buying spree to build drug pipeline

Daniel Bradley

Health care summit uses IMS to draw together leaders from across sector

Tom Murphy / Special to IBJ

Q&A with Schahet Hotels CEO Jeffrey Brown about collaboration with Ball State

Dave Lindquist
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