Former Santorini location in Fountain Square gets new restaurant tenant
The co-owner of a new Mexican restaurant in Fall Creek Place plans to open a second location as soon as October.
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Work begins on remaking former Milano Inn restaurant site
The South Bend-based developer that last year bought the landmark restaurant and the block on which it sits is searching for office and retail tenants for the space.
Husband-and-wife team rehabbing former hospital as apartment building
Justin Stuehrenberg and Katherine Bannon bought the 77-year-old brick edifice in the emerging Bates-Hendricks neighborhood for a song and completely gutted it. The new apartments will be available for lease next month.
Existing-home sales jump 7 percent in Indianapolis area
Sales rebounded in July even though prices continued to rise and inventory continued to shrink.
Lucas estate controversy continues even as formal appeals process ends
Carmel officials say ongoing negotiations with Forrest Lucas regarding his Carmel estate have not been successful. Now, Carmel plans to enforce a zoning ruling that ultimately prohibited some special events.
Interest in new homes surges in Indianapolis area
Area builders saw a big jump in new-home applications in July, especially in Marion, Hancock and Hamilton counties.
Noblesville, developer partner on $24M apartment/parking project
The mixed-use development would provide downtown Noblesville with its first-ever parking garage and its first new apartment building in more than a century.
Sears to close another 46 unprofitable stores in November
The latest closure list includes 13 Kmart stores and 33 Sears stores, including one in Indiana.
McDonald’s, franchisees spending $6 billion to connect with customers
Hoosier franchisees say they’re seeing good results from the fast-food chain’s overhaul of its U.S. restaurants, an effort that includes self-ordering kiosks and other technology upgrades.
Kroger to phase out plastic bags at all stores
Kroger Co., the biggest grocery player in the Indianapolis-area market, orders about 6 billion bags each year.
Salesforce proposing massive expansion in Chicago, 5,000 jobs
Software giant Salesforce.com Inc., which in 2016 announced big plans to expand its operations in Indianapolis, appears to have even bigger plans for Chicago.
Walmart, Target showcase retail’s ‘renaissance’
Target chief Brian Cornell says this is possibly the strongest consumer environment he’s seen in his 37-year career. Unemployment is near record lows, consumer confidence is at a 17-year high and shoppers have their wallets out.
Planned Home Place ‘improvements’ in eye of beholder
Two square miles of Hamilton County where residents for years resisted becoming part of Carmel, despite being surrounded by it, are soon to become much more Carmel-like.
Memory Bank: Flood waters surge through Indianapolis
This 1913 photo shows West Michigan Street, where teams of horses are trying to tow streetcars out of the flood waters.
Carmel plans redevelopment for retail property near City Center
The Mohawk Landing Shopping Center, built 36 years ago, will be redeveloped into a mixed-use property.
Southport location of Cheeseburger in Paradise goes on permanent vacation
The chain founded by Jimmy Buffett had as many as 23 locations in 2012. On Tuesday, its website counted only two after closure of the south-side eatery.
With push from PETA, animal crackers bust out of their cages
The new boxes feature a zebra, elephant, lion, giraffe and gorilla wandering side-by-side in a grassland.
City seeks vendor to develop revitalization plan for Castleton
City development officials said the plan should “respond to emerging challenges confronting the Castleton area, including evolving national shifts in commercial retailing and aging commercial, office and multifamily areas.”
Fishers plans to purchase Archer’s Meats property for redevelopment
First Internet Bank agreed to acquire 11 parcels on the south side of 116th Street for $10 million, with Fishers agreeing to reimburse the bank for land acquisition costs.
Walmart eyes virtual-reality shopping system, patent filings say
Walmart is making a push into virtual reality, an area that holds promise for brick-and-mortar retailers struggling with the massive costs associated with store upkeep and labor.