Town of Speedway buys PNC building to renovate for new government center
The town of Speedway said it will use the 40,000-square-foot building to centralize some of its existing offices, which are spread across several nearby buildings.
The town of Speedway said it will use the 40,000-square-foot building to centralize some of its existing offices, which are spread across several nearby buildings.
Flanner Buchanan, an Indianapolis-based company with more than a dozen funeral home locations in central Indiana, recently acquired the 32,000-square-foot building near the Riverside area.
Sun Development & Management Corp said the 11-story, 150-room project slated for a surface parking lot along South Meridian Street turned out to be “cost-prohibitive.”
The family-owned business says it wants to focus its efforts on its main location, a 10-acre growing facility and retail store on the city’s west side.
The venue will occupy more than 23,000 square feet in the historic railroad station, in the area that housed Cadillac Ranch and the Bartini’s lounge before they closed in 2017.
When The Yard at Fishers District was proposed in November 2016, it was billed as a culinary-centric development. But as the project has grown, so has the number of non-food-related tenants.
The new owners have renamed the five Indianapolis-area properties and plan to spend at least $29 million on renovations and upgrades.
The project by Litz & Eaton Development Co. will add five new, 2,100-square-foot townhomes to the southwest corner of North Delaware Street and Fall Creek Parkway South Drive.
A new nightclub that describes itself as a “New Orleans-inspired voodoo dive bar” is set to celebrate its grand opening Saturday.
The project is slated for an odd triangular parcel along one of Fountain Square’s main arteries as the neighborhood’s resurgence continues.
Amazon.com Inc. will separate its proposed second headquarters into two locations, and is close to deals with both sites, The New York Times reported Monday.
Developer Steve Pittman’s proposal to build an office building at 106th and Illinois streets is moving forward through the approval process, despite contentious pleas from two of his siblings that the project be reworked.
The online retail giant plans to divide the $5 billion HQ2 project between two locations, The Wall Street Journal said, citing a person familiar with the matter. The two cities will end up with about 25,000 workers each.
Amazon is approaching its end-of-year deadline for deciding where it will locate the $5 billion campus, and two national newspapers reported over the weekend that an area in northern Virginia is far along in negotiations.
A brewery and restaurant that hoped to be part of the revitalization of the south end of the Butler-Tarkington neighborhood has closed, citing “unexpected circumstances.”
The Meridian-Kessler eatery also involves Scotty’s Brewhouse founder Scott Wise. It will join a clothing boutique and a taproom in the former Big Al’s Superstore space.
All three establishments are set to open this month on Broad Ripple Avenue in former restaurant and bar spaces.
The company, which on Thursday reported better-than-expected sales in the U.S., faced criticism on Twitter Friday morning as customers reported problems with its popular smartphone app.
Meanwhile, the hedge funds that now own the Toys “R” Us brand plan to relaunch the toy retailer as a standalone operation next year, according to people familiar with the matter.
It will be the first Indianapolis location for Taxman, which also has operations in Johnson and Hancock counties.