Hendricks unveils new name for Circle Centre ahead of $600M overhaul
The planned $600 million redevelopment of Circle Centre Mall has been rebranded by its Wisconsin-based developer in honor of the city’s history as an interurban hotspot.
The planned $600 million redevelopment of Circle Centre Mall has been rebranded by its Wisconsin-based developer in honor of the city’s history as an interurban hotspot.
Hendricks Commercial Properties is asking the court to permit it to move forward with evicting Punch Bowl from its space and to collect unpaid rent, late charges, attorney fees, interest and other legal expenses.
Hendricks Commercial Properties wants to build an upscale hotel where Harry & Izzy’s now operates as part of the planned $600 million redevelopment of Circle Centre over the next decade.
Hendricks Commercial Properties—the developer of the Bottleworks District—plans to spend at least $600 million to convert the nearly 30-year-old mall into an open air, pedestrian-focused retail, office and residential district.
New York City-based Sugar Factory opened in April 2022, replacing the Palomino restaurant that had occupied the space for 23 years. An eviction hearing is set for May 1.
Gameplay at Circle Centre Mall’s Video Game Palooza Charity Arcade is helping to fund scholarships for Hope Training Academy.
The space will house numerous activities, including an interactive LED half-court, retail offerings, basketball clinics, footwear customization stations and athlete appearances.
Mitchell & Ness and Under Armour will operate locations in the mall along with a pop-up from Indianapolis-based Cargo Streetwear.
Two stories about Two Chicks and a Hammer—the company behind “Good Bones”—made the list: one about the house-flipping show ending after eight seasons and the other about the closing of its Bates-Hendricks shop.
The mall redevelopment is not the largest downtown project in terms of cost. But it will elevate a vast and critical piece of real estate as more than $9 billion in other downtown projects are slated to come to completion over the next decade.
The Wisconsin-based firm behind Mass Ave’s Bottleworks District plans to spend the next decade transforming the downtown mall into an open air, pedestrian-focused campus with housing, offices and shopping.
A lawsuit claims the planned Cantina is too close—within one-tenth of a mile—to Circle Centre Mall’s Taco Bell, setting up unfair competition in violation the Indiana Deceptive Franchise Practices Act.
A sushi restaurant plans to take over Circle Centre space at the southeast corner of Illinois Street and Maryland Street that was previously occupied by Primanti Bros. Meanwhile, a vegan eatery is slated for the food court.
The 28-year-old downtown mall nearly doubled its profit in 2022 compared with the previous year, according to a report on the property’s operations.
On Tuesday, the Alcoholic Beverage Board of Marion County approved the transfer of a beer, wine and liquor restaurant license to lounge owner and operator Larry Jones.
Direct Connect has about 250 employees based in Indianapolis, with plans to hire an additional 150 workers by the end of 2023.
Parent company NYC Alliance Group, which owns several clothing brands, began opening Daily Thread stores in the Midwest a year ago and has already grown the chain to more than 40 stores, including at least five in Indiana.
The Ohio-based brewer plans to begin serving pizza and craft beer Thursday in part of the former Granite City Food & Brewery location in the downtown mall.
The ownership group plans to begin conversations with potential developers in the near future, after receiving suggestions from four design groups for remaking the massive property as a mixed-use district.
Host Mason King talks with Goldsmith about how the city and the mall owners should think about what’s next. And they discuss Goldsmith’s new book on one of the business world’s biggest problems, “Growing Fairly: How to Build Opportunity and Equity in Workforce Development.”