The Indianapolis-based burger chain wants to reintroduce counter service in its dining rooms but claims an agent of its lenders is blocking its attempts to sell restaurants to raise money.
Simon Property misses Wall Street expectations as profit sinks
The Indianapolis-based shopping mall operator said all of its U.S. properties have reopened, with the exception of a handful in California that were forced to close for a second time on July 15 because of government mandates.Read More
Simon could fill empty mall anchor spaces with Amazon fulfillment centers
In addition, Amazon also has been talking to multiple mall landlords about putting its planned grocery-store chain in former J.C. Penney locations, according to a published report.Read More
The Whit owner lists property for sale, with asking price of up to $120M
The nine-story building features 334 apartment units, a 540-space garage and the 16-Bit Arcade+Bar.Read More
Kite Realty Group bets big on hotel, even as other projects wither
A third of planned downtown hotel rooms announced before the pandemic are now on hold.Read More
In October 1917, fire destroyed the Acme-Evans two-story, Italianate office building at what was then 702 W. Washington St., an address that is now part of White River State Park.
To date, more than 24,000 Hoosiers have submitted an application seeking rental assistance through the program, which launched July 13.
The four-story project will also feature office space for Horizon House, which is located adjacent to the site and has provided services for homeless individuals since 1990.
Tailored Brands, the owner of Men’s Wearhouse, Jos. A. Bank and K&G Fashion Superstore, has 11 total stores in the Indianapolis area.
Plus, hear from Mayor Joe Hogsett, who spoke to IBJ’s editorial board last month about some of the very problems Bires is concerned about for downtown.
The Exit 76 Antique Mall in Edinburgh has more than 4 million items for sale by the merchants who rent booths, but sprinkled throughout the mall’s 72,000 square feet are also dozens of objects that trade in Jim Crow-era caricatures and stereotypes.
The $300 million hotel will be the most expensive and elaborate new lodging project built in the city since the $450 million JW Marriott complex was completed in 2011. And it will compete directly with the JW.
The 800 stores represent 8% of Dunkin’s U.S. footprint but just 2% of its sales.
Louis Vuitton is ranked as the world’s most valuable luxury brand, with a value of $47.2 billion, topping Chanel, Hermes, Gucci, Rolex and others.
The innovation hub, expected to open early next year, is part of a $500 million, 50-acre campus along Indiana Avenue. The hub’s new name is a nod to the site’s history as the former Citizens Water headquarters.
The owner of the 213,600-square-foot office building had hoped to sign a single user for the high-profile property, but its strategy has become more flexible in the year and a half it has remained empty.
The loss in convention business due to COVID-19 is starving downtown restaurants of customers. And without great restaurants, Indy isn’t as attractive as a convention destination.
The mayor, who is in the first year of his second term, acknowledged the challenges—and even some naivete when it came to the riots. But Hogsett, a Democrat, said he’s confident in the ability of residents, the business community and leaders to address them.
Under the terms of the agreement, the Simon-back venture intends to purchase substantially all of the iconic retailer’s global business operations as a going concern. It has committed to acquiring at least 125 Brooks Brothers retail locations.
Federal investigators said Frank “Bread” Powell organized a ring that used more than 5,000 fraudulent checks to purchase gift cards and merchandise from Kroger and other stores in 12 states from January 2016 until April 2018.