The overhaul follows the hotel’s acquisition by an Atlanta-based firm for $118.3 million in August 2019.
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The new Ollie’s store will be the fast-growing Pennsylvania-based chain’s fourth Indianapolis-area location, taking the site of the first Indianapolis-area Marsh grocery store.
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The family behind Usta Turkish and Mediterranean Restaurant, slated to open in Broad Ripple by the end of the month, scouted several options for moving once it was forced to close its location in Bloomington, Illinois.
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The Indianapolis-based company has declared itself debt-free, but the lenders say they’re owed more than $8.5 million.
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Plans for the two-acre site, where the 23rd president lived before and after his time at the White House, include the addition of a new commons area and portico with a drop-off site for buses, as well as a promenade and a pathway connecting Pennsylvania and Delaware streets.
Given the revolution in staffing, it’s safe to say office redesigns will deal with two new normals—accommodating fewer full-time workers and making workspaces more resistant to the spread of disease.
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.
The latest salvo was fired by Keith Stucker, an Indianapolis investment adviser who started Pier 48 with Fred Knipscheer, a former hockey player who entered the restaurant business more than a decade ago.
Accommodating new members whose wants and needs have been changed by the pandemic means those co-working spaces must adjust their offerings.
A small-but-growing brewpub chain based in Louisville plans to take over the former Ram Restaurant & Brewery location in downtown Indianapolis, making its first foray outside Kentucky.
The smooth limestone building at 3902 N. Illinois St. with streamlined Moderne design touches has been vacant since a brewpub closed there in 2018. Before that, it was a Double 8 Foods store and the Hoster-Hiser Ford and Lincoln-Zephyr car dealership.
The number of active listings and sales has dropped over the past three months, as expected for the season. But even compared to one year ago—before the pandemic hit—the market is tight.
The organization has for decades helped families secure mortgages and generally works with neighborhood development groups on a litany of development projects. It has been focused of late on transit-oriented multifamily developments near IndyGo’s Red Line. But single-family units are a newer focus.
Senate Bill 245 would double the prize limits for certain pull-tab games and allow the 1,242 bars and taverns with Type II gaming licenses to offer sports-themed pull-tab games and tip boards.
When the pandemic dried up the demand for beer at customer-limited bars and restaurants, local brewers had to shift focus to sales at grocery stores, pharmacies and packaged liquor stores.
Owner Tom Main said he’s shooting for an April reopening for Tinker Street, a fine-dining restaurant that’s been closed for dine-in service for more than a year and was on the selling block in late 2020.
Patrick and Beth Aasen, who founded the restaurant at 9 W. Main St. in late 2010 with their son, Carmel City Council member Adam Aasen, said they plan to retire after 40 years in the restaurant business.
A 125-year-old landmark firehouse on East Washington Street that previously housed a photography business and a reception center for Angie’s List has been donated to the Indianapolis Metropolitan Police Department.
Crew recently bought the property that contains the steakburger chain’s location on East 86th Street with plans to build a new carwash. But it contends in a lawsuit that Steak n Shake has refused to leave.
The pandemic has been tough on restaurants almost across the board. And so it’s no wonder that the Indianapolis City Market has lost a third of its vendors in the last year.
Retailers are abandoning enclosed malls in growing numbers as the rise of online shopping transforms the industry—a trend that has accelerated during the coronavirus pandemic.
One of the biggest challenges for sports bars like Kilroys and The District Tap is that most people are sticking around for multiple games, rather than leaving after they finish eating, restaurateurs said.
Between the pandemic, road construction and downtown safety concerns, the market has been dealing with a heavy load of challenges over the past year, and there’s no consensus on its recovery prospects.
The trustee liquidating the grocery chain this month asked the court to close the case, saying he had wrapped up the process of selling off assets and turning proceeds over to creditors.
