Round Room dials up massive growth in cell-phone industry with unique plan
With 2,400 employees and $2 billion in revenue, Carmel-based Round Room LLC is most assuredly not a small company. But don’t tell that to CEO Scott Moorehead.
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Mr. Canary to debut new product on Home Shopping Network
The 23-year-old Carmel-based company has big expectations for its new “Bird Buffet” feeding system.
Luxury car plant opened in 1911
Stutz Motor Co. built luxury cars, race cars and safety vehicles at this plant at the corner of 10th Street and Capitol Avenue from 1911 through 1935.
Subway plans 500 more U.S. store closings amid fierce competition
After peppering the nation with thousands of locations, closely held Subway is retrenching in the United States while adding more stores in international markets.
Before landing Infosys, airport authority passed on several proposals
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
Scottish Rite Cathedral named to TripAdvisor ‘most beautiful’ list
Popular travel website TripAdvisor on Tuesday said it has included the landmark at 650 N. Meridian St. on its list of “America’s 20 Most Beautiful Churches, Cathedrals & Basilicas Worth Visiting.”
With existing homes almost non-existent, buyers turn to new ones
U.S. homebuyers are now more likely to purchase new than at any time since the 2008 crash. They don’t have a lot of choice.
Hospitality hotbed serving airport picking up two more hotel properties
The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis International Airport.
Longtime Kite Realty CFO Sink stepping down after 20 years
Dan Sink, who helped lead Kite Realty Group Trust through its initial public offering in 2004, plans to step down as chief financial officer, the company announced Monday.
Developer plans 81 town houses, retail for Noblesville
KennMar LLC has filed plans with the city of Noblesville to develop 23 acres at the southeast corner of Hazel Dell Road and State Road 32.
Sears stock soars as Lampert offers to buy Kenmore brand, real estate
Edward Lampert is pushing for a more aggressive breakup of Sears Holdings Corp. as the hedge-fund manager aims to salvage what’s left of the struggling retailer and stave off a potential bankruptcy filing.
Hogsett explores shopping City-County Building, other downtown properties
Indianapolis officials have triggered a wide-scale review of the need for big municipal buildings downtown. Real estate executives are intrigued by the 28-story City-County Building’s potential for private redevelopment.
World of Beer bar/restaurant set to open on Mass Ave
The establishment, located in the space formerly occupied by Mass Ave Toys, occupies 7,500 square feet over two levels—a bar and full-service restaurant on the main floor, and a second bar in the basement.
Ground broken for $24M mixed-use development on Lafayette Road
The real estate project at 3500 Lafayette Road, called the Pyramids at 35 Hundred, is expected to feature 130 independent-living units for seniors and 15,000 square feet of commercial space.
Indianapolis-area home builders see best first quarter in 12 years
Area home builders saw more demand for new homes in the first quarter than they have since 2006, according to a report released Thursday by the Builders Association of Greater Indianapolis.
Mainstreet retools, says old strategy ‘broke down’
For more than a decade, Zeke Turner built scores of senior-care facilities. But in the past year, Mainstreet has been reeling from an unexpected slowdown in sales of its properties.
Amazon’s reveals its Prime service has 100 million members
CEO Jeff Bezos quantified the size of Amazon’s Prime membership for the first time Wednesday. Amazon launched the service 13 years ago as a way to foster customer loyalty.
Integrating criminal justice center is key to lifting Twin Aire neighborhood
Ensuring the $572 million criminal justice center connects with the surrounding neighborhood and doesn’t sit isolated presents a big challenge for project planners and community leaders.
Memory Bank: Claypool Hotel before the fire
The Claypool Hotel operated for more than a century at the corner of Illinois and Washington streets, with this photo taken on Sept. 21, 1955.
Duke Realty seeks to build headquarters at Keystone at the Crossing
The publicly traded company wants to leave the Parkwood Crossing office park in Carmel and is requesting $2.9 million in the form of a bond issue from the city of Indianapolis to help finance a new headquarters.