As the downtown office market enters a post-pandemic period of volatility, the owner of the 213,600-square-foot building on Monument Circle is studying the cost of renovations to make it more alluring to would-be tenants.
Workers are coming back downtown—but not all will be there full time
Some large downtown employers say they expect most or all of their workforce to return to the office full time. Others say they’re adopting hybrid models that offer employees the option to work remotely at least part of the time.Read More
Rolls-Royce confirms plans to consolidate downtown office space
Citing multiple sources familiar with the project, IBJ first reported on the company’s overall plans June 17. Rolls-Royce said Monday that it does plan to vacate two of the three buildings at the Meridian Center campus, but said it would continue to occupy a different building than earlier reported.Read More
Artisan marketplace at 16 Tech adds tenants, amps up for grand opening
About half of the 20 vendors so far are already open at The AMP, which has its grand opening later this month. The AMP, a food-and-drink-based artisan marketplace, is on the campus of 16 Tech on the western edge of downtown.Read More
Josh Greeson left the real estate industry to focus on his dream of becoming a baker. It began to rise when he worked at the well-known Amelia’s in Fletcher Place.
The Indianapolis Airport Authority on June 18 agreed to work with city officials to find a new use for the 4.9-acre property at 51 S. New Jersey St.
Citizens Energy Group, which maintains the underground steam system downtown, shut off the pipe near the site of the incident at Senate Avenue and Michigan Street.
The 23,000-square-foot restaurant-and-entertainment venue, part of a Denver-based chain, has been closed since March 2020, eliminating 91 jobs.
The neighborhood just south of downtown has been one of the city’s emerging residential hot spots the past several years—and commercial developers are taking notice.
A Fort Wayne-based franchise group that operates 45 Pizza Hut locations, including some in Hamilton and Boone counties, has signed a deal to open 15 Dave’s Hot Chicken locations in Indiana. Most are expected to be in the Indy-area market.
The company’s three stores are open 24/7. Each has a resident dog. You can also pick up everything from power tools to local honey to live bait. What you can’t do, at least for now, is order online.
There are about 115 retailers and restaurants along the street, plus dozens of service-oriented businesses and office users.
The Greenwood theater will be the first Regal location in the state to reopen, followed by other locations in weeks to come. Regal closed its theaters last year because of the pandemic.
Cargo traditionally operates out of a shipping container that it is moving to Fountain Square, but for now, it’s in a pop-up shop in the former Pearings Cafe in downtown Indianapolis. IBJ talked with Porter—who owns the clothing brand Komäfi—about how business is going.
A Marion County Public Health Department inspector found in August that St. Elmo Steak House had violated a public health order mandating closure of bar areas. The restaurant passed subsequent inspections in September and March.
The South Meridian Street bars, Tiki Bob’s Cantina and The Patron Saint, were cited for multiple violations including not requiring masks and social distancing. Both establishments corrected the violations, the health department said.
Hospitality leaders say no, although it will be some time before occupancy rates are back to normal.
Restaurants including Pier 48 and The Pub saw steady crowds throughout the afternoon, and District Tap and Harry & Izzy’s had wait times exceeding 1-1/2 hours most of the day.
The health department said downtown club After 6 and Broad Ripple’s Casba Bar both violated pandemic-related health restrictions. Both clubs will have to submit risk-mitigation plans to reopen.
Two longtime friends in the restaurant business are teaming to create a concept in the former Krueger’s Tavern space featuring cuisine and décor designed to catch an Instagrammer’s eye.
Teams must undergo a quarantine and testing period when they arrive in Indianapolis—and no one from the schools was allowed to make the trip without seven consecutive days of negative tests.
Hundreds of people—many of them in town for the Big Ten men’s and women’s tournaments—turned Georgia Street into a destination again, hitting the bars, riding scooters and listening to bands.