Simon sues insurance companies over fatal escalator accident
The mall manager has filed a lawsuit against two insurance companies claiming they should have covered its loss stemming from a teenager’s escalator fall in 2009.
Circle Centre
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Circle Centre reports higher occupancy, lower revenue
New tenants including Granite City Food and Brewery and Firehouse Subs helped boost Circle Centre mall’s occupancy to nearly 90 percent in 2013, but sales per square foot and revenue slipped.
Circle Centre nears deals for Burger Palace, Yard House, LA Fitness
Three prominent restaurant chains, including one developed by Bobby Flay, and a health club franchise are eying the vacant space formerly occupied by Nordstrom in Circle Centre.
Other 2013 news of note: From Pacers to panhandling
A look at some of the runner-up top Indianapolis business stories from 2013.
Simon’s decision to open malls on Thanksgiving draws criticism
An online petition drive launched by employees of stores in Simon properties urges the company to rethink a decision to open its malls at 8 p.m. on Thanksgiving. One petition so far has gathered nearly 18,000 signatures.
DINING: Circle Centre’s new ‘rock’
Considering Granite City. Third in a month-long series of new mall restaurant reviews.
Circle Centre hanging in despite anchor vacancy
The downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.
Simon differs from other mall owners on teen policy
As local activists push for stronger steps to curb disruptive gatherings by teenagers at local shopping malls, Simon Property Group is standing by a corporate policy against restricting access to its properties.
Cherub back guarding Indianapolis holiday shoppers
A downtown Indianapolis holiday icon has returned to its perch. A bronze cherub sculpture is back above a clock mounted outside the Circle Centre mall at Washington and Meridian streets.
Circle Centre to build entry through empty Nordstrom
Construction could begin soon in the former home of Nordstrom at Circle Centre mall, but the project does not signal an end to the mall’s limbo following the 2011 departure of its marquee anchor.
A year later, Circle Centre Nordstrom vacancy lingers
Without a rapid-fire lease deal and renovation, the former Nordstrom anchor space at Circle Centre will sit idle for a second holiday season. The more general-audience-oriented department store chain Macy’s remains the odds-on favorite to replace Nordstrom, though it would take only a portion of the available space.
Circle Centre again suing Bella Vita over unpaid rent
Landlord Circle Centre Mall LLC is suing the restaurant over $77,275.24 in unpaid rent, according to court documents. Circle Centre also sued Bella Vita in June 2010 over $96,523.23 in overdue rent.
Malls see big changes just in time for holidays
New stories have debuted at malls across the Indianapolis area. Many are pop-up shops eager to capitalize on holiday shoppers and the Super Bowl crowds.
Circle Centre resolves lease dispute with Cinnabon
An attorney for the downtown Indianapolis mall has filed to dismiss the complaint, saying the two sides have resolved the dispute through an out-of-court settlement.
Simon plan spells out Nordstrom strategy
As many as four large restaurants could open in the first floor of the former Nordstrom at Circle Centre mall under a plan floated by mall manager Simon Property Group Inc.
Circle Centre wants Cinnabon out of mall
A lawsuit filed by the downtown Indianapolis mall accuses Cinnaworks LLC, a franchisee of Cinnabon, of failing to pay its $6,751-per-month rent.
Former Nordstrom space could find Super Bowl use
The massive space in Circle Centre mall vacated by high-end retailer Nordstrom could be used to host corporate events surrounding the big game.
Multiple tenants likely needed to plug Nordstrom hole
Nordstrom occupies a staggering 210,000 square feet spread across three floors—60 percent more space than the Seattle-based chain occupies at the Fashion Mall at Keystone and likely more than any single retailer would be willing to lease.
Circle Centre can survive Nordstrom exit, experts say
Anchor store Carson Pirie Scott negotiated a new lease in January, giving the downtown mall added stability at a key time.
Nordstrom: Weak sales prompting closure of Circle Centre store
Company President Erik Nordstrom said sales have fallen by half at the Circle Centre mall store since Nordstrom opened a Keystone Crossing location in 2008. The downtown store will close July 31.