Kroger lays out plans for 11 former Marsh grocery stores
Kroger said it will first focus on reopening seven of the stores, spending $20 million on renovations.
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City preservation officials sign off on $260M Bottleworks project
After months of discussions, the Indianapolis Historic Preservation Commission on Wednesday approved the design of a massive development that could transform the northeast end of Massachusetts Avenue.
Duke Realty moving up to S&P 500 stock index
S&P Dow Jones Indices on Wednesday said the Indianapolis-based real estate investment trust would be moved from the S&P MidCap 400 index to the S&P 500 index starting July 26.
Carmel awards $28.8M contract for 96th and Keystone roundabout
The Carmel Board of Public Works approved the agreement with a Goshen-based construction contractor at a meeting Wednesday morning.
Circle Centre announces additions to tenant mix
A store that specializes in denim, a new eatery and a souvenir shop have set their sights on the downtown shopping center.
UPDATE: Hamilton County residents question mystery development
Landowners in Hamilton County are being offered as much as $40,000 an acre by real estate agents, but it's unclear what plans are in the works.
Carmel’s proposed City Center hotel expected to cost $38 million
The proposed high-end hotel at Carmel’s City Center would be partially owned by the city, which would use bonds to finance it.
Key HHGregg executives could pocket $675,000 in incentive bonuses
Executives eligible for the additional pay, if certain benchmarks are hit through the company’s bankruptcy, include Kevin J. Kovacs, HHGregg’s chief financial officer and acting CEO.
Apartments, grocery proposed in $32M renewal effort on key stretch of 38th Street
Plans are taking shape to revamp dilapidated and underdeveloped properties in the Maple Crossing area, north of 38th at Illinois and Meridian streets.
Local Safeway chain to reopen Marsh store in Beech Grove
The store was one of 18 of 44 remaining Marsh groceries that wasn’t acquired last month to either Kroger or Fresh Encounter, as part of Marsh Supermarket’s bankruptcy process.
Walmart selling Zionsville site for $7.5M despite winning court fight
After battling the town of Zionsville for more than 10 years, Walmart has decided it won’t build a store on Michigan Road after all.
Dermatology practice planning $7.2M Castleton headquarters
Dawes Fretzin Dermatology Group LLC has received preliminary approval for tax breaks from the city of Indianapolis to help it pay for a 30,000-square-foot free-standing facility near the Lowe’s Home Improvement store in Castleton.
Wine shop opens at prominent north-side intersection
The new Vine & Table location at the southeast corner of College Avenue and Kessler Boulevard follows the original shop in Carmel. A liquor store chain acquired the business last year.
Large, north-side apartment complex fetches $36 million
The community along North Keystone Avenue has been renamed and is undergoing more improvements from the new owner.
Roundup: Sushi bar opens in downtown tower, while Starbucks readies spot in another
New eateries are taking root in downtown Indianapolis, Fountain Square, Fishers and Zionsville. And Twenty Tap, south of Broad Ripple, is expected to reopen by the end of the month.
Investor’s IRA helping to house down-and-out veterans
Using a self-directed Roth IRA account, John Gremling buys and sells property to rent out to tenants, including veterans seeking help from groups like Hoosier Veterans Assistance Foundation of Indiana.
Prison’s closure puts near-east-side block into play
The planned closing of a state prison on the near-east side will put into play an entire city block just minutes from downtown that could be ripe for residential development.
Noblesville simplifying home-design approvals after frequent waivers fuel aesthetic concerns
Since the Hamilton County seat created its Architectural Review Board in 2001, it has granted more than 500 waivers to deviate from its architectural standards.
Carmel office building evacuated after tenants sickened
A North Meridian office building was evacuated and several people were taken to hospitals after a bad odor in the building was reported.
One Sun hotel project hits snag while two others prepare to get under way
Sun Development & Management Corp. has three downtown hotel projects in its pipeline but says one needs $3 million to $4 million in city assistance to go forward.