Developer of The Yard in Fishers eyes adjacent land for another project
Thompson Thrift Retail Group has plans to purchase a combined 8.6 acres east of The Yard for a development that could include retail, office, townhomes and a boutique hotel.
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Apple replaces Indiana native in charge of retail operations
Angela Ahrendts, who was born and raised in New Palestine in Hancock County and received her undergraduate merchandising and marketing degree from Ball State University, spent five years overseeing Apple's 506 retail stores and e-commerce operations.
Lawmakers consider changes to allow more alcohol permits in growing communities
The omnibus alcohol bill authored by Rep. Ben Smaltz, R-Auburn, would also create a special alcohol permit for a planned food hall at the Bottleworks development on Massachusetts Avenue.
Craft-beer guru planning taproom in Greenwood with ax-throwing hook
The investor group behind Tap & Axe, which includes the founder of craft-focused Hoosier Brewing Co., expects to spend more than $500,000 in the end to buy and renovate its 109-year-old downtown location.
Deal with Ozdemir paves way for Purdue Polytechnic High School to open in Broad Ripple
For at least one year, the school would operate out of a building just east of Broad Ripple High School that Ozdemir's Keystone Group is buying.
Senate OKs bill to allow food, beverage tax in three Indy suburbs
The tax would have the biggest impact in Greenwood, where it could generate $2.5 million in 2020 and $2.6 million in 2021.
Apparel retailer with hundreds of Indy employees files for bankruptcy
Debt-burdened FullBeauty Brands has a restructuring plan ready to go that would turn over ownership to its creditors. But a federal trustee wants to tap the brakes.
Counties seek state relief from big-box retailer tax appeals
In Indiana alone, there are more than 300 pending tax appeals involving big-box retailers. County leaders are seeking a statewide legislative fix.
Simon Property CEO ‘nervous’ about more retail bankruptcies
Simon Property Group managed improvement in every significant financial category in 2018 despite a landslide of retailer failures. On Friday, CEO David Simon said the company will have to continue to navigate through more store closures.
IPS board rejects acquisition bids for downtown headquarters
The IPS board on Thursday unanimously voted against two bids for the district’s downtown headquarters because they didn’t come close to the $7 million the district had hoped to receive for the property.
Memory Bank: Snowfall in Woodruff Place
Woodruff Place was well established when Walter Carpenter shot this photo on March 27, 1912, at the corner of Michigan Street and West Drive.
Part of solar farm at Indianapolis International Airport sold in $24M deal
CleanCapital purchased about half of the massive solar farm at the Indianapolis International Airport as part of a portfolio that also included a site in Columbus, Ohio.
UPDATE: Scotty’s Brewhouse founder faces new investor lawsuit for alleged fraud
The suit against Scott Wise alleges that two investors lost more than $1 million they had invested, due to Wise’s misleading statements and shares that were never properly registered. Wise said he didn’t mislead any investor in Scotty’s Brewhouse.
Trio of downtown-area apartment buildings hits market
Their Bloomington-based owner is marketing them less than three years after completion. They include The Delaware, a high-profile complex at 22nd and Delaware streets.
Developers bid on IPS downtown HQ, but district leaders unimpressed
Indianapolis Public Schools staffers are expected to ask the board this week to reject two proposals to buy the district’s downtown headquarters, after the offers came in well below expectations.
Existing-home sales see small rise in 2018 despite tough December
Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market.
Clarks shoe store closing at Circle Centre
The downtown mall has hemorrhaged tenants in recent years, including the loss of its two department store anchors.
Longtime downtown steakhouse Shula’s preparing to close
The steakhouse, part of a chain founded by NFL coaching legend Don Shula, plans to leave the Westin Indianapolis at the end of next month.
Memory Bank: Main Street in Greenwood
Retail did not begin opening in Greenwood until 1845, but soon a commercial corridor developed along West Main Street.
Greenwood exploits creek for ‘riverfront’ district
As part of its effort to add redevelop its downtown, Greenwood is putting an unusual asset to use: a meandering minor waterway that in spots is not much wider than a drainage ditch.