Amazon’s HQ2 already making northern Virginia’s housing prices skyrocket
Real estate agents and local economists said inventories are so sparse that some popular ZIP codes in Arlington and Alexandria show no homes for sale at all.
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Impossible Burger shortages hit White Castle, Red Robin
The shortages coincide with the arrival of the Impossible Whopper at Burger King. Under terms of a deal inked earlier this year, Impossible Foods patties will be inside Burger Kings nationwide by the end of this year.
First Merchants Bank settles federal lawsuit alleging redlining
According to the complaint, First Merchants “engaged in unlawful redlining in Indianapolis by intentionally avoiding predominantly African-American neighborhoods because of the race of the people living in those neighborhoods.”
Owners of Union 525 incubator plan $10M building on South Meridian
The tech incubator owners plan to construct a six-story building directly south of the existing Union 525 building.
Indiana loses bid for USDA research agency offices
Indiana had been named a top-three finalist to become the new home of the USDA’s Economic Research Service and National Institute of Food and Agriculture. But the USDA announced Thursday that it had selected the Kansas City region for the new location.
Target ups the ante in online delivery wars
Target says its new same-day delivery option will cover 65,000 items and will be fulfilled in 1,500 of its 1,800 stores in 47 states.
Scotty’s down to one area location after another closure
Another Scotty’s Brewhouse has shut down, marking the ninth closure for the Indianapolis-based restaurant and bar chain in the last six months.
Memory Bank: Bowling alley nabs African American tournament
Sea Ferguson, who was an officer with The National Negro Bowling Association, built Sea Ferguson’s Bowling Alleys in 1941 at 750 N. West St. He was believed to be only the third African American to build a bowling center.
City expands pilot program in reaction to Walmart closure
City of Indianapolis officials on Wednesday decided to add more stores to a yet-to-be-launched food-insecurity program after learning that a Walmart Neighborhood Market on the far-east side was preparing to close.
Growing Mooresville company helps create memorable experiences
Established in 1997, Creative Works designs, makes and installs set pieces and props for a host of entertainment venues, including escape rooms, virtual reality and esports venues and indoor miniature golf courses.
Butler plans $100M renovation, expansion of science facilities
The school said the three-phase project will include construction and renovation of 96,000 square feet of buildings to create a science complex featuring “high-tech classrooms, modern research labs, and collaborative working spaces.”
Monroe County gets another covered bridge four decades after fire
Monroe County had been without a covered bridge since 1976, but has one again after salvaging one from storage in Shelby County.
Walmart closing Neighborhood Market on far-east side
The store, which opened in 2004, is scheduled to close permanently July 12. It is one of eight Neighborhood Market stores the retailer operates in the Indianapolis area.
Scotty’s closes Thr3e Wise Men microbrewery and restaurant in Broad Ripple
The Indianapolis-based restaurant and bar chain opened the microbrewery location more than eight years ago to supply the Scotty’s chain with its own brand of craft beer.
Barnes & Noble going private in $476M sale to hedge fund
Barnes & Noble, which still has 627 stores in the United States, including five in the Indianapolis area, is being acquired by Elliott Management for $6.50 per share.
Development plan for Pan Am Plaza hotels could be split into phases
While the city and Kite Realty Group discuss a slower development timetable for the massive hospitality project, White Lodging said it is holding off on plans for another downtown hotel “until we figure out what’s going on at Pan Am Plaza.”
Preservation group to include sites of LGBTQ significance in historic area plans
The Indianapolis Historic Preservation Commission said it would be the first local preservation group in the country to include LGBTQ history in all historic area plans.
Developer buying homes in Fishers neighborhood for new project
A Carmel-based developer has reached agreements to acquire 14 homes in a neighborhood along busy 116th Street in Fishers and is planning to redevelop the land.
Engineering firm HNTB to open Noblesville office, boost local workforce
Engineering and design firm HNTB Corp. says it plans to add about 100 employees in the Indianapolis area over the next several years, and it needs the new office to accommodate some of it growth.
Kite, Milhaus detail plans for 7-building apartment complex in Glendale
The two local developers said they hope to start work on a 267-unit apartment project in Glendale Town Center’s parking lot by the end of this year.