Central Indiana home sales, prices soar as inventories shrink
Area home sales have risen on a year-over-year basis in 21 of the last 24 months.
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Carmel’s holiday market, ice rink draw big crowds in opening days
The Carmel Christkindlmarkt and Ice at Center Green attracted 48,000 visitors during the first five days they were open, the city said. And market sales were “robust,” organizers said.
Arby’s owner agrees to acquire Buffalo Wild Wings for $2.4 billion
Roark Capital is likely to focus first on improving Buffalo Wild Wings’ food and operations, which should be easy fixes for a firm that experienced in the restaurant industry, an analyst said.
Familiar faces return to Greek dining mainstay
The owners of the Fountain Square institution are back to handling daily operations, after turning management over to an outside company in September.
CSI UIndy: School to use vacant house for forensic studies lab
In a partnership with the Indianapolis-Marion County Forensic Services Agency, UIndy criminal justice students will be able to comb through mock crime scenes in a realistic setting.
Shoppers take to their phones for Cyber Monday deals
More people are picking up their phones to shop on Cyber Monday: Web traffic from mobile devices, including tablets, was expected to top desktop computers for the first time this year.
Legal tussles continue between Carmel developer, siblings
Two children of late heart surgeon and developer John N. Pittman have accused brother Steve Pittman of wrongly taking funds from a family-owned entity to invest in one of his projects. Their lawsuit is one of several proceedings filed over family assets.
Chatterbox, a bar that’s barely changed, has helped transform Mass Ave
When David Andrichik bought the Chatterbox in 1982, it sat on a street pocked with second-floor sleeping rooms and grungy storefront businesses.
After bumpy year, retailers see cause for holiday optimism
The National Retail Federation is projecting holiday retail sales will increase 4 percent over last year, to $682 billion, on stronger employment and rising incomes.
Pizza restaurant in downtown Fishers abruptly closes
The North Carolina-based chain signed on as the anchor tenant to a key $42 million apartment and retail project in July 2014.
Keystone closes on downtown AT&T tower, plans to add parking garage
The local developer has a solution to a problem that vexed the building’s previous owner. It includes converting four floors to an unusual use.
Once-swanky downtown apartment building receives $5.7M makeover
The 88-year-old, seven-story Wyndham is available for occupancy after owner the Pearl Cos. bought the building and tore the interior down to its studs.
Area home builders see rebound in demand after off month
Permit filings are up 6 percent so far this year in the nine-county area compared with the first 10 months of 2016.
Tech industry growth boosting local office market, report says
Growth in the technology industry has become a big driver of activity in the local commercial real estate market, according to a new report by CBRE, which ranked Indianapolis fourth for tech-job increases among U.S. cities.
Andretti Autosport sued over sponsorship money from HHGregg
A group representing the unsecured creditors of HHGregg has filed suit against Andretti Autosport in an attempt to claw back nearly $1.5 million in sponsorship money the now-defunct retailer paid the racing team in the months leading up to its bankruptcy.
Northwest-side hotel, water park shuts down
The once-popular Caribbean Cove has closed its doors, along with the national chain restaurant that operated within the hotel.
Mainstreet Health makes $425M acquisition, plans name change
Mainstreet Health Investments Inc., a company founded by Carmel-based Mainstreet Property Group, has reached a deal to acquire Care Investment Trust LLC, which owns 42 senior housing and care properties.
Plan to develop 211 acres at Fishers airport site takes flight
Local officials say the land, part of Indianapolis Metropolitan Airport, could house up to 1 million square feet of new commercial development under a plan approved on Friday.
Proposed fee for Mile Square property owners attracts opposition
Downtown Indy is encountering resistance from some big property owners to its plan to create an economic improvement district that would raise about $3 million annually through a fee.
Carson’s parent Bon-Ton planning to close 40 stores
Bon-Ton, which operates 260 department stores under several names across 24 states, has just one store in Indianapolis, but that store is the only anchor in Circle Centre mall.