Arts-and-crafts homeowner in Greenfield keeps it authentic
Former Navy nurse Bob Morrison developed a taste for arts-and-crafts-style homes while serving on the West Coast and found the perfect outlet for that passion back home in Indiana.
Real Estate
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Residential Real Estate: Marketplace Stats for August 30, 2019
Housing inventory remains low at just 1.6 months, meaning that’s how long it would take to sell the region’s available housing. That’s down 5% from a year ago, when inventory was already tight.
Upland Brewing Co. using retail locations as linchpin of expansion strategy
At Upland’s newest pub, in Fountain Square, everything is meant to convey the Upland brand—a spirit of curiosity, outdoor activities and community-mindedness, infused with a Hoosier sensibility.
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Three veteran real estate agent teams solidified their lock on the top three places in IBJ’s All-Star team rankings for the fourth straight year, with Dennis Nottingham’s Indy Home Pros Team taking the No. 1 spot. Jennil Salazar of RE/MAX Ability Plus is the new top IBJ All-Star solo agent.
Memory Bank: 125 grand pianos at Butler Fieldhouse
At the time, it was considered the world’s largest piano recital—8,250 fingers on 825 pianists who played 125 grand pianos that were lined up inside Butler Fieldhouse (now known as Hinkle Fieldhouse) to open National Music Week in 1936.
McDonald’s offering harassment training to all U.S. workers
The fast-food giant said Wednesday that its franchisees have committed to provide the training—a combination of online work and in-person discussions—to 850,000 employees.
Retailer Forever 21 prepares for potential bankruptcy filing
A bankruptcy filing would help the company shed unprofitable stores and recapitalize the business. The retailer has four Indianapolis-area stores.
Dora, Shapiro plan 6-story downtown hotel on South Meridian Street
Dora Hospitality Group is teaming with the owner of Shapiro’s Delicatessen to build the hotel at Meridian and Sycamore streets. The project will bring a new IHG hotel brand to Indianapolis.
Hotel planned for King Cole building downtown
Interior demolition appears to have already begun, and several tenants told IBJ that they have either already moved out or have been asked to vacate by the building’s owner.
Three local companies moving HQs to new Carmel development
Three well-known local companies plan to move into a four-story, 100,000-square-foot office building called the Agora. Construction of the building is expected to be complete next summer.
Universities create spaces to collaborate
Experts say the newest classroom buildings have plenty of open and flexible spaces to encourage innovation and allow students to more easily worth with each other, their professors and even business leaders.
Memory Bank: Immigrant works in south-side bakery
The Indianapolis Jewish Welfare Foundation helped Berek “Benny” Kaplan and his family immigrate after World War II to Indianapolis, where they helped him get a job at Kraft’s South Side Baking Co.
Q&A: Nick Hubbard on what’s hot—and cold—in coffee
Nick, the son of Hubbard & Cravens Coffee and Tea co-founder Rick Hubbard, went into banking after graduating from Miami University of Ohio in 2003 and thought he’d stay there. Now he’s president.
Zionsville’s Creekside Corporate Park remains largely empty
Town leaders say development is coming, but has been slow because they’re picky about tenants.
David Simon’s contract expired. Will he stick around?
The last time Indianapolis-based Simon Property Group Inc. negotiated an employment contract with CEO David Simon, it was an ordeal.
Granite City’s restaurant in Circle Centre closes
Locations in Carmel, Fort Wayne and Mishawaka were open on Thursday and are still listed on company’s website, but the Circle Centre location was locked and dark.
Justus Rental selling two senior communities, giving notices to 104 workers
More than 100 nursing aides, activities coordinators, cooks and other workers at two Indianapolis senior communities could lose their jobs by mid-October when the properties are sold, owner Justus Rental Properties Inc. said.
Target has big quarter amid intense retail environment
Target topped expectations in just about any measurable way during the second quarter. The retailer’s stock rose 18 percent Wednesday morning.
Eleven Fifty Academy moving headquarters to downtown Indianapolis
The academy plans to spend $5 million to move its headquarters from Fishers to Indianapolis, officials for the 5-year-old coding school announced Tuesday.
Kimpton hotel project gets green light for big addition, rooftop bar
Construction of a ritzy hotel in one of downtown’s oldest towers is expected to start by the end of the year, now that the property’s owner has received approvals for changes to the building from historic preservation officials.