Developer plans $30M residential development in heart of Fishers
A planned residential real estate development project in the heart of Fishers has been expanded from eight to 60 single-family homes.
Real Estate
Articles
Lawsuit targets local rent-to-own housing operator
An Indianapolis business that has purchased and rented out hundreds of houses in the city is being sued by a not-for-profit housing group and four former customers over what they are calling a “predatory and unlawful rent-to-own scheme.”
Indy-based restaurants to open new locations in Fashion Mall
The additions to the food court will include a concept from Cafe Patachou founder Martha Hoover.
UPDATE: Fishers plans to develop 70-acre park on Geist Reservoir
City officials are determined to acquire the land to bring public recreation to the area largely populated by private, upscale homes. They’re willing to use eminent domain if necessary.
New owners of Gold Building weighing restaurant or office addition
The project could take shape on property directly adjacent to the City Market, in addition to $8 million in renovations planned to spiff up the Gold Building and a neighboring office complex.
DINING: Working in a chef’s playground
Rather than building a test kitchen that would never in itself generate income, Cunningham Restaurant Group decided to build Vida, a real restaurant where chefs experiment.
Retailers cheer GOP retreat on ending debit card fees limit
Restaurants, grocers and other businesses celebrated Thursday as House Republicans backed off efforts to eliminate the cap on fees that banks can charge retailers when customers use debit cards.
Musk group brings learning gardens, eateries to Indy
The younger brother of high-tech entrepreneur Elon Musk is bringing two restaurants to the city and funding the installation and operation of modular garden plots at as many 100 local schools.
Professionals say you can learn creativity—and bosses can inspire it
An architect, a museum designer, a professor and others offer their advice. The keys, they say, are creating the right environment and keeping an open mind.
Indiana toy store calling it quits after nearly eight decades
Veach’s Toy Station, founded in 1938, plans to close its 16,000-square-foot store in August due to declining sales.
New renderings show plans for Mass Ave’s Bottleworks taking shape
Designs for the $260 million project are being submitted to city officials for review in monthly waves. The latest include the movie theater and residential and commercial buildings.
Musk’s Kitchen group opening eatery in Meridian-Kessler
The Colorado-based company co-founded by entrepreneur Kimbal Musk confirmed on Wednesday, after months of speculation, that it will open Next Door in a former Double 8 Foods store.
Kroger to replace Marsh as title sponsor for Symphony on the Prairie
The Indianapolis Symphony Orchestra has quickly found a new title sponsor for its Symphony on the Prairie summer concert series after Marsh Supermarkets ended its 35-year run.
Sales of existing homes still rising locally amid shrinking inventory
Existing-home sales in central Indiana ticked up 1.4 percent in April while rising for the 17th month out of the last 18.
New Parkwood Crossing owners spending $6M on amenity center
The two-story facility in the north-side office park—recently purchased for $163 million—will feature a 6,000-square-foot fitness center and other perks.
Prime north-side parcel on Keystone finally sells, despite access issues
The 12.5-acre tract has been acquired by a member of the car-dealing Wood family, but its intended use remains a mystery.
Shopping mall executives say gloomy future has been exaggerated
Retailers and shopping-center owners are gathering in Las Vegas this week prepared to send a message: The American mall is doing better than many people think.
Cleveland-based firm acquires local architectural business
InterDesign Inc., one of the city’s 10 largest architectural firms, has been acquired by Cleveland-based K2M Design Inc., the companies announced Monday.
Marsh incentive plan awards key employees if stores are sold
The plan, approved by a bankruptcy judge, allows 10 employees to collectively receive up to $1.1 million in bonuses if certain conditions of a sale are met.
Indy airport selling 145 acres in Plainfield to real estate developers
In two acquisitions totaling nearly $9 million, one firm plans to expand an existing business park while the other has a big logistics facility in mind.