Bookstore chain with Castleton location closing all 170 stores
Nashville, Tennessee-based LifeWay Christian Resources plans to close all of its bookstores nationwide this year and operate online only.
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Bid for controversial health, family center in Broad Ripple Park up for city approval
The Metropolitan Development Commission next week is expected to see, and vote on, the proposal. Some area residents have objected to the use of park space for businesses.
Existing-home sales in central Indiana fall for third straight month
Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market. And colder-than-usual weather last month didn’t help.
Indiana Senate panel votes down sheriff’s sale notification bill
The Senate Local Government Committee voted 5-4 on Thursday against House Bill 1212, which would have mandated that sheriff’s offices advertise foreclosure sales online rather than in printed newspapers.
Harrison Centre in Lawrence once again up for sale
The building, 9105 E. 56th St., anchors the 20-acre Harrison Commerce Park at Fort Harrison. The property has changed hands three times in the past eight years.
Facebook charged with housing discrimination by HUD
The U.S. Department of Housing and Urban Development, which is pursuing civil charges and potential monetary awards that could run into the millions, said Facebook’s ad-targeting platform is discriminating against groups of people through exclusion.
Last large undeveloped Meridian Hills plat for sale
A 4.3-acre, wooded site along Meridian Street in Washington Township that has sat vacant and undeveloped for decades is on the market for $1.9 million.
Fountain Square parcels cut off by I-65 get modern makeover with three new houses
The lots were among the last available spaces to nab close to the main drag in Fountain Square, a neighborhood where Fisher and his family’s business, RCA Properties LLC, already owned substantial property.
Homeowners are seeking low-maintenance, party-ready landscaping and lawns
The stuff buyers pack into outdoor living areas varies according to taste. Some opt for outdoor kitchens, though most see the space as a place to chill rather than sling hash. Some spaces are even equipped with outdoor-rated televisions that—allegedly—can stay in the yard year round.
Memory Bank: 94 years before IBJ moved in
This photo shows the the southeast quadrant of Monument Circle in 1925, shortly after the Continental Bank building—later expanded and renovated into the IPL building—was constructed.
Residential Real Estate: Marketplace Stats for March 29, 2019
The number of active listings in central Indiana—at 5,077 at the end of February—remains low, although it’s 15 percent higher than at the same time a year ago.
IPS sees ‘tremendous market’ for Broad Ripple site, but first needs change in law
Indianapolis Public Schools offered a comprehensive analysis Tuesday, showing strong demand for housing, retail and office development on the 16-acre site of the closed Broad Ripple High School. But that can’t happen without changes to state law.
Indianapolis-based Simon launches online shopping platform
The platform, called SPO, focuses on Simon’s Premium Outlet properties and is now in beta testing with the company’s VIP Club customers.
Symphony explores office move from Washington Street landmark
The Indianapolis Symphony Orchestra is conducting a feasibility study on its office space needs that could lead it to leave the 17-story, 107-year-old building it owns behind Hilbert Circle Theatre.
Midwest Fertilizer says $2.8B Indiana plant still on track
The construction of the plant in southwestern Indiana is still on course following the resolution of a dispute with the Internal Revenue Service, the facility's developers said.
Area builders file to build fewer homes for third straight month
Last year turned out to be the busiest year for builders in more than a decade, but filings have been slowing since the fourth quarter.
Saraga to open expansive international grocery store near Castleton Square
The locally based international grocery store chain has acquired a long-vacant Target store in Castleton and the adjoining retail center.
$3M grant puts Big Car on fast track
The Lilly Endowment is paving the way for the renovation of a 40,000-square-foot vacant factory in the Garfield Park area into artist studios, performance spaces, a public cafe and more.
Gershman, Citimark buy Gold Building, two adjacent properties
The deal includes the Gold Building and the office building at 251 E. Ohio St., both of which have struggled with low occupancy in recent years.
Hotel Tango preps for statewide push
The craft distiller’s products already are available at about 700 of the state’s 4,000 outlets licensed for retail alcohol sales, but company officials have far higher ambitions.