The Commerce Department reported better-than-expected U.S. retail sales for November and revised its October figures upward, bringing a fresh wave of optimism to a long-embattled industry.
The 109-year-old building—once the tallest structure in Indianapolis—is slated for a transformation into a 130-room hotel expected to open in early 2020.
The 316-room, dual-brand hotel building is expected to be finished in April 2019, about two years before the city hosts the NBA All-Star Game.
A local restaurateur with a long track record in red meat and high-end dining is planning both a casual eatery and throwback watering hole at The Yard at Fishers District.
The fast-fire pizza chain on Saturday shut its doors, but it won’t be long before another fast-casual option opens in the same high-visibility location.
Attorney Karl Haas worked on some of the Indianapolis area’s biggest real estate projects over past last three decades.
The project has been in the works for two years. A ceremonial groundbreaking is set for Wednesday at the site, two blocks east of Lucas Oil Stadium.
Mainstay Property Group has won approval to construct the office and retail project as the street’s commercial revival kicks into high gear.
The second-oldest bar in Indianapolis will soon close its doors, clearing the way for one of the city’s most dynamic restaurateurs to take over the space.
The group behind some of the city’s hottest eateries of the last decade plans to open a “coastal Italian” concept in the space that Cerulean is vacating at the end of the month.
Sue and Chris Estep, owners of RoundTripper Baseball Academy in Westfield, say they met with Mayor Andy Cook to discuss the possibility of relocating to Grand Park.
When downtown’s upscale Cerulean stops serving on Dec. 31, it will mark the end of a brutal year for the local restaurant industry marked by an unusually high number of closings.
Pressure is building on the insurer to drop its conservative, bread-and-butter approach after one of its biggest rivals, Aetna Inc., agreed to be bought by drugstore chain CVS Health for $69 billion.
Following seven years of growth in new-vehicle sales, U.S. consumers appear to be tapping the brakes—but the auto industry says the slowdown is not causing them concern.
The company said it hasn’t lost faith in brick-and-mortar retail but now is broadening its development focus in a quest to continue increasing the value of its real estate holdings.
Martha Hoover’s latest creation, a Southern-style fried-chicken joint, begins serving Thursday, while the new eatery from local tastemaker Neal Brown prepares for a January debut.
The longtime collaborators responsible for Wild Beaver Saloon are melding live performance with a love of facial hair in the three-story Burnside Inn.
A Marion Superior Court judge has granted the Indianapolis-based mall giant’s request for a temporary injunction, at least for now preventing Starbucks from closing 77 Teavana stores in its properties nationwide.
Rebecca Wells jumps ship from JLL to help Lee & Associates grow its capital markets team in the Midwest.
Big downtown real estate projects are expected to add that much room to the retail inventory, and advocacy group Downtown Indy is jumping in to help drum up interest.
