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.
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Articles
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.
Tim Hortons selects site for first local restaurant
The Canadian coffee and doughnut institution is counting on the Indianapolis market to be a big part of its U.S. expansion plans.
U.S. retail sales experience second straight monthly drop
Americans pulled back on their spending at auto dealers and restaurants in March, causing retail sales to drop despite signs of a healthy job market.
Bill pits affordable housing against property rights
Affordable housing advocates are worried that a bill lawmakers sent to Gov. Eric Holcomb will exacerbate what they say is a shortage of inexpensive options for Hoosier families.
Marsh exit strategy: Sell individual stores?
Struggling Marsh Supermarkets’ best bet at this point would be to close underperforming stores and find buyers for its most profitable ones, industry experts say.
Missteps, market shifts bury once-thriving HHGregg
The 62-year-old company is joining the trash heap of failed appliance and electronics retailers, done in by a long list of problems—including overexpansion and a collapse in sales of consumer electronics.
HHGregg closure to cost 268 corporate employees their jobs
The terminations at the headquarters at 4151 E. 96th St. are expected to begin May 31, the company said in a notice to the Indiana Department of Workforce Development.
City has plan for City-County Building plaza, but can it be done for $9M?
Rundell Ernstberger Associates' design features an interactive fountain and an event lawn accommodating up to 1,500 people. The first proposal, from another architect, was scrapped because it was too expensive.
Roundup: Tinker Street restaurateurs branching out again with BBQ joint
Peter George and Thomas Main, who have helped turn East 16th Street into a culinary corridor, plan to open a Southern eatery in June next to Festiva.
Indianapolis furniture manufacturer relocating to Whitestown
Facility Concepts Inc., one the country’s largest commercial furniture makers, plans to move its headquarters and 117 jobs to a $10 million development in AllPoints at Anson by Duke Realty and Browning Investments.
Downtown tower bracing for exits of big tenants
Roughly 160,000 square feet in the Landmark Center will be available once two large tenants vacate the complex—one a well-known company with a big downtown presence.
Children’s clothing retailer with 4 area stores set for bankruptcy
San Francisco-based retailer Gymboree Corp. operates more than a dozen stores in Indiana, including four at some of the Indianapolis-area's top shopping centers.
Payless closing list doesn’t leave Indiana unscathed
The struggling discount chain, which filed for Chapter 11 bankruptcy protection April 4, has released a list of nearly 400 Payless Shoe Source stores that it plans to close immediately nationwide.
Exterior of downtown bank headquarters getting major overhaul
The National Bank of Indianapolis is set to begin upgrading the facade of its flagship location at Pennsylvania and Market streets—the first improvement to the building's outside in more than 40 years.
Ben & Ari’s closes in Fishers after 18 years in business
The owners of the popular miniature golf course, arcade and party-hosting facility have sold the property along busy State Road 37 to a buyer who plans to open a used-car business.
Top Simon exec exiting company
David Contis, Simon Property Group’s president of mall operations, is resigning from the Indianapolis-based retail real estate giant to “spend more time with his family,” the firm said in an SEC filing.
HHGregg shutting down after 62 years in business
An email from the Indianapolis-based company to employees on Friday afternoon said efforts to find a buyer that would keep the business running failed and that liquidation sales will start Saturday.