Whole Foods rallies on report that Albertsons is mulling bid
Whole Foods Market Inc. shares rose the most in two weeks after the Financial Times reported that Albertsons Cos. is considering a takeover of the organic grocer.
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Historic east-side church once again in danger of demolition
The congregation that owns the St. John United Church of Christ in Cumberland says $75,000 needs to be raised within the next few weeks to pay for upkeep or the structure will be demolished as soon as June 1.
MJ Insurance moving headquarters to Carmel next year
One of the area’s largest insurance agencies announced Monday that it plans to move its corporate headquarters from the northeast side of Indianapolis to Carmel next year.
Mall owners turn to carnivals, music to fight online retailing
With customer traffic sagging, U.S. retail landlords like Indianapolis-based Simon Property Group Inc. are using their sprawling concrete lots to host events such as carnivals, concerts and food-truck festivals.
Marsh preparing to close another seven supermarkets
The seven closings come on top of three other store closures that Marsh confirmed earlier this week.
Neighbors raising money to aid potential buyer of Saddlebrook Golf Course
The public course, an anchor for the neighborhood bounding West 56th Street in Pike Township, closed in late 2015 after the previous owner defaulted on a $2.4 million bank loan.
UIndy president makes headway on plan to lift neighborhood
Robert Manuel has become highly educated in real estate development since arriving almost five years ago as president of the University of Indianapolis.
British retailer raises eyebrows by buying big Finish Line stake
Sports Direct International pl, which now holds a 7.9 percent stake worth $47 million in Indianapolis-based Finish Line, isn't commenting on its intentions.
Salesforce sign taking shape on state’s tallest building
The San Francisco-based tech giant’s moniker atop the 48-story skyscraper replaces the Chase logo that adorned the building for years following its acquisition of Bank One.
Lawmakers nearing new deal on Ricker’s beer carryout issue
The latest version of the bill still needs required signatures from legislative leaders—and it still requires approval from both the House and Senate.
$41M apartment project in Mile Square moving forward
Developers of The Ardmore told city officials on Wednesday that they hope to start construction in the fall and are seeking city financial assistance on the project.
Marsh cites ‘weak performance’ for three more store closures
The three closures include a store involved in a lawsuit filed by a landlord that accuses Marsh of not paying rent at the site.
Airbnb ban preemption bill in limbo after House vote
Supporters of the bill, which would restrict cities from outright bans on short-term rentals like Airbnbs, have just a few days to bring it up again this year.
Carmel-based interior design firm to expand, add 43 jobs
Mitsch Design Inc. said it will to invest nearly $2.4 million to expand its offices at the Indiana Design Center on Rangeline Road.
Local jewelry business bought by North Carolina-based chain
The 15-year-old business, which has its store at Keystone at the Crossing, will retain its name “for the time being,” the buyer said.
Is used car lot next in line for South College development surge?
The owner of Bob’s Auto Sales is jumping into the action by offering the property for sale as plans for big projects unfold on parcels nearby.
Demand for new homes in area rises again after slow month
Demand for new homes in central Indiana bounced back in March after an off month in February.
Running low on funds, Vonnegut museum seeks speedy outcome to legal fight
The museum devoted to the late local novelist says its lease dispute with a building owner on Massachusetts Avenue threatens the survival of the not-for-profit.
Westfield panel advances Wood Wind housing development plan
After months of plan revisions and heated discussions, the Westfield Plan Commission on Monday night gave Pulte Homes a nod of support for its controversial 856-home development proposal.
Indianapolis-area store on teen-clothing retailer’s closure list
A teen-clothing retailer with nine Indianapolis-area stores said Monday that it plans to close about one-third of its stores nationwide. But eight local locations appear to have dodged the closure list.