Residential Real Estate: Marketplace stats for Sept. 27, 2024
In August, 992 homes were sold or pending in the Indianapolis metro area, according to Rocket Homes. That’s 11.3% fewer than were sold or pending in July.
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Two Chicks District Co. store closing in Noblesville
Sunday is planned as the final day of operations at the Two Chicks District Co. store founded by “Good Bones” star Mina Starsiak Hawk.
Indianapolis tax district board taking shape with two more proposed appointments
The Indianapolis City-County Council plans to vote in the coming weeks to add two women to the board that will oversee the management of a new tax focused on improving downtown’s cleanliness, public safety and homelessness situation.
Central Indiana existing-home sales see 6.8% August decline
After experiencing a rare month of rising transactions in July, central Indiana saw another down month for existing-home sales last month, according to the latest data from the MIBOR Realtor Association.
Hendricks County agrees to pay $300K to settle zoning discrimination claims from Muslim group
Hendricks County government also agreed to change its zoning policies to settle allegations that it violated federal laws by denying zoning approval for an Islamic seminary and accompanying housing.
Proposed $250M Noblesville development calls for 650 homes near Morse Reservoir
Morse Village would have 250 high-end single-family houses, 150 town houses, 250 multifamily residences and 30,000 square feet of commercial space and restaurants.
City acquires former women’s prison property in land swap with state
In a deal announced Wednesday, Indianapolis will receive the former Indiana Women’s Prison site on the east side in exchange for a portion of Sherman Park and property that is home to the Indianapolis Animal Care Services municipal animal shelter.
Noblesville to build police station at former Firestone factory site
The new station for the Noblesville Police Department will be constructed at 1700 Division St., where a Firestone Tire and Rubber Co. used to operate for more than seven decades.
Toy Pit collectibles store plans move to 38th and College
The Toy Pit, founded by Fort Wayne native Mike Schott, sells collectibles and toys dating from the 1970s to the present.
United Art and Education store exits Castleton after nearly 30 years in business
An Indiana-based art and classroom supply company that had two Indianapolis retail outlets at the beginning of 2024 now has zero.
Surack buys downtown Indy hotel to put damper on Hogsett’s plans for heliport
Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.
Reimagined Pleasant Street has been 44 years in the making
In total, the $113 million, three-phase Reimagine Pleasant Street project involves extending, realigning and expanding Pleasant Street into a 2-1/2-mile corridor from State Road 32 to just west of State Road 37.
Four Finger Distillery announces exit from Fletcher Place building
Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building’s owner for its upcoming Fletcher Place exit.
Illumine Coffee Co. joins downtown’s booming cafe landscape
Illumine will open a location at 11 S. Meridian St., taking over a spot previously occupied by a Hubbard & Cravens Coffee and Tea shop.
Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain’s sale
A U.S. bankruptcy judge on Thursday approved the casual seafood chain’s reorganization plan, which includes a lender group led by asset manager Fortress acquiring the business.
Plans to replace downtown CSX building with hotel, concert hall given go-ahead by historic commission
The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously approved by the Indianapolis Historic Preservation Commission after about a half-hour of presentation and discussion.
Retailer Burlington set to open this week in downtown Indianapolis
The 23,000-square-foot store will take over space in the lower level of Claypool Court previously occupied by the Rhythm! Discovery Center.
Hair care, streetwear stores the latest additions to St’Artup 317’s roster
St’Artup 317 is a short-term showcase for businesses on the path to becoming long-term tenants elsewhere in the city.
Capital Improvement Board set to buy Pan Am Tower for $10.5M
The CIB is buying the property as a strategic acquisition tied to the ongoing redevelopment of Pan Am Plaza.
Greenwood sees surge in new restaurants, retailers
Several new eateries and retailers have either opened or are set to open in Greenwood or in the nearby area, including a pair of Asian restaurants and a Mexican eatery.