North-side Italian mainstay serving up second restaurant in Yard at Fishers project
The 3,800-square-foot restaurant will maintain much of the menu of the original but add Neapolitan pizza, flatbreads and other elements suitable for lunch patrons.
Real estate deals
Articles
Historic building on East Washington Street primed for tech makeover
The vacant three-story structure dating back to the 1880s has a new owner, which plans to convert it to co-working space for technology companies.
Record store, book shop reopen in historic Irvington building
The two businesses closed this spring, but a new owner has purchased both shops and is reopening them under one name in the 96-year-old Irvington Masonic Lodge property, which also recently changed ownership.
Comedy club chain signs lease for downtown location inside Circle Centre mall
The owner of Helium Comedy Clubs says he saw lots of opportunity in the Indianapolis metro area, where at least two major comedy venues have closed since last fall.
Real estate heavyweight CBRE moving from downtown to Keystone at Crossing
The city’s largest commercial brokerage has called downtown home for more than 35 years. It’s heading north to accommodate employees and consolidate offices.
IBJ Media moving to Monument Circle
The publisher of Indianapolis Business Journal and its sister newspapers plans to relocate in March to the Indianapolis Power & Light Co. headquarters building in the southeast quadrant of the Circle.
City set to pay $1.5M to review needs, reimagine presence downtown
All options are on the table for the city’s future use of the City-County Building, Old City Hall, the Marion County Jail and the 500-space East Market Street parking garage.
Northwest-side apartment portfolio fetches $64 million
An Atlanta-based real estate company has purchased four Indianapolis apartment communities and plans to spend $27 million to renovate them.
ClusterTruck food-delivery service expanding HQ, planning to add 125 jobs
The Indianapolis-based founded by tech luminary Chris Baggott recently agreed to take the entire seventh floor of the J.F. Wild Building on Market Street.
Local company’s software helping Greenwood pitch downtown redevelopment
VisionThree’s 3-D program depicting the city’s potential growth downtown has become a key interactive tool for selling developers on getting involved. And Mayor Mark Myers can cart it around in his pocket.
Whitestown exit along I-65 explodes with retailers, fast food
The commercial openings are part of the $1 billion Anson development, led by Indianapolis-based Duke Realty Corp.
Developers swoon over Broad Ripple High School opportunity
The 16-acre property could command $6 million to $8 million from developers, but a state law might prevent Indianapolis Public Schools from cashing in.
South side’s 118-year-old Turnverein building getting badly needed renovation
A local couple that operates a downtown insurance firm has embarked on a “multimillion-dollar” project to rehabilitate the Vonnegut-designed structure, which recently has played host to heavy-metal concerts and league basketball.
Hustler Hollywood loses appeal for Castleton-area store
A ruling on Monday from the 7th Circuit Court of Appeals upheld a city ordinance that prohibits adult entertainment businesses from operating in certain areas.
Online auto dealer Carvana to open 70-acre reconditioning center, create 200 jobs
Carvana got the green light to buy the land in the Mount Comfort area from struggling trucking company Celadon Group Inc., which last year abandoned plans to build a new headquarters there.
First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Hospitality hotbed serving airport picking up two more hotel properties
The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis International Airport.
Proposed $15M rehab promises offices, vast rec center on Mass Ave industrial corridor
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
Sears to auction off its Castleton Square mall store to raise funds
The Indianapolis store is among three in Indiana, and 16 total, that Sears plans to sell and lease back to generate cash for pension obligations.
UPDATE: St. Vincent CEO confirms land option at 96th & Spring Mill
But Jonathan Nalli said the health system has no plans to build a $1 billion hospital complex.