Lids Sports Group leaving Zionsville HQ for smaller office space
Three years after moving into a brand new $22 million headquarters building in Zionsville, Lids Sports Group is moving its offices to the northwest side of Indianapolis.
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Florida-based theme restaurant chain to open local mall location
A Florida-based theme restaurant chain licensed by the Ford Motor Co. has chosen Hamilton Town Center in Noblesville for its first location in Indiana, mall owner Simon Property Group announced Monday.
Plans for hotel at One North Penn progress as owner reaches deal with holdout tenant
After a legal battle and mediation, Centier Bank plans to relocate its branch while the owner of the historic tower at Pennsylvania and East Washington streets prepares to revamp it as a swanky hotel.
Lilly creates public downtown park on edge of its headquarters campus
The city’s newest park is springing up on the south side of downtown, a district quickly filling up with apartments, offices and retail—and a noticeable shortage of public green space.
Amid tensions, plans for Hilton hotel towers on Pan Am Plaza advance
A powerful group of hoteliers that opposes a proposal to build a pair of hotels on Pan Am Plaza scored a victory in the Legislature. But the plan to construct the project remains very much alive.
Fishers design center aims to fill workforce needs
The $14 million Hub & Spoke, planned for East 106th Street and Lantern Road, will connect building and design industry tenants to clients and makers all under one roof,
British retail giant that bought Finish Line is taking slow approach to U.S. market
England-based JD Sports Fashion Plc entered the U.S. market in June with its $558 million acquisition of Indianapolis-based Finish Line and says it likes what it sees so far.
Carson’s spot in Circle Centre empty year after closing
One year after the closure of Carson’s at Circle Centre, city and mall officials are still looking for the right tenant—or mix of tenants—to fill the massive footprint.
Memory Bank: Inside Haag Drugs in 1949
This photo was taken inside a store at 2401 E. 38th St. on Dec. 15, 1949, when the chain had 29 locations in the Indianapolis area.
Sales of area existing homes fall for fourth straight month
Marion County, however, saw a 4.7 percent increase in closed home sales in March amid rising inventories.
Walgreens to hike minimum age for store tobacco sales
Walgreens Boots Alliance Inc. said Tuesday that it will require customers to be at least 21 years old to purchase tobacco in any of its more than 9,500 stores nationwide. The policy starts Sept. 1.
Hotel, restaurants planned for ripe parcel at I-74 and Post Road
The Post Road exit is the last major off-ramp before I-465 when approaching Indianapolis from the east on I-74. It’s considered one of the least-developed interstate exits in the Indianapolis area.
Packaging maker plans $75M facility, 140 jobs in Lebanon
The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.
Kohl’s to begin taking Amazon returns at all stores
Kohl’s has been testing Amazon returns at 100 stores for nearly two years and sees the service as a way to get people in its doors and potentially buy something while they’re there.
Council committee OKs up to $7M in bonds for downtown Block 20 project
The financing plan for the two-site $40 million project near the Athenaeum was advanced by a City-County Council committee just days after a group opposed to the project accused the developer of unprofessional conduct.
Central Indiana homebuilders see slowest March in eight years
Single-family construction permit filings have fallen for the past four months following a 14-month streak of year-over-year increases.
IBJ Podcast: Why tech execs bought The Vogue in Broad Ripple
High Alpha’s Eric Tobias talks with podcast host Mason King about what he and two other tech execs plan to change at the 81-year-old venue (think glass barware and a larger green room)—and what they think the club is already doing well.
Developer accused of unprofessional conduct ahead of city hearing on bond funding
The developer of two mixed-use projects south of Massachusetts Avenue downtown has been accused of harassing opponents. They’re asking city officials to deny his request for $7 million in financing due to his actions and temperament.
Pier 1 plans as many as 145 store closures in restructuring effort
The retailer said it would close stores where leases were expiring or where it was unable to get reduced rents. Pier 1 has two stores in Indianapolis and three in the suburbs.
Sears sues former chairman Lampert over losses
Sears Holdings Corp. is suing its former chairman and largest shareholder Eddie Lampert, alleging the billionaire stripped the once iconic company of more than $2 billion in assets.