City reaps $1.2M from Conrad hotel investment
Here’s a little-known fact: The city of Indianapolis has an ownership stake in two of downtown’s most luxurious hotels and has received nearly $1.2 million so far from one of the investments.
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Anderson University leads effort to draw young entrepreneurs with student debt
An Anderson University fine-arts-major-turned-entrepreneur has helped develop a unique student-loan-forgiveness program that encourages recent Indiana graduates to set up shop in Anderson.
Reality TV star Rupert Boneham, other enthusiasts keep pinball popping
A handful of local businesses signal of a renewed interest in the once-ubiquitous pinball machines that used to be a staple in restaurants, bars and arcades before they were usurped by video games.
Jack in the Box shuts down half of its area locations
Jack in the Box, which operates about 2,200 restaurants in 21 states, entered the local market in 2012 with plans to open at least 10 locations.
Taxman Brewing in Bargersville opening gastropub near Geist
After hitting it big south of Indianapolis, owners of the brewpub plan to open a second location in mid-June in a town aggressively pursuing development.
Bill to close cold-beer sales loophole advanced by Senate panel
A legal loophole used by an Indiana convenience store chain to sell cold beer would be snapped shut under a proposal that was advanced Wednesday by the Senate Public Policy Committee.
Quarry at River North readies for first tenants near Fashion Mall
The $30 million apartment project will open 65 of 196 units by April 15, bringing another rental option to the upscale area.
Art education fundraising firm crafting $4M office at Fort Ben site
The local company considered buying its current home before hitting the drawing board and launching plans to build its own space.
Lawsuits: Hackers stole customer data at 1,000 Arby’s stores
Arby's Restaurant Group failed to prevent hackers from stealing customer information at hundreds of its locations, a couple says in a new federal lawsuit. Eight credit unions and banks from Indiana and other states have filed seven other related federal lawsuits.
Cyber-security firm ditches downtown office for suburbs
Rook Security has relocated to Carmel from downtown Indianapolis and ultimately hopes to land in Fishers.
Cyber-security firm ditches downtown office for suburbs
Rook Security has relocated to Carmel from downtown Indianapolis and ultimately hopes to land in Fishers.
Residential Real Estate: Marketplace
The mild winter has meant more home sales at the beginning of the year than usual, said F.C. Tucker President Jim Litten.
Retired designer turns two condos into one for penthouse over Mass Ave
It was quite a change, to say the least, from the Jim O’Neils’ previous abode—a large but traditional home on 116th Street.
Female homebuilders find success, despite small numbers
The Builders Association of Greater Indianapolis estimates that no more than 10 of its 150 members are women, with many of them building few homes.
City gives up on stalled 21c hotel, will seek new proposals
City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.
UPDATE: Finish Line’s stock price plunges on disappointing results
The locally based retailer of athletic apparel and footwear lost $9.5 million in its fiscal fourth quarter, falling short of earnings expectations and sending company shares tumbling in morning trading.
Woes build for stores as shoppers look elsewhere for inspiration
The number of “distressed” retailers—those with cash problems and poor credit profiles that are facing strong competition—is at the highest rate since 2009, says Moody’s Investor Service.
Borshoff moving from longtime office to Mass Ave
The city’s largest public relations firm is leaving its downtown space in the historic Majestic Building for Lockerbie Marketplace.
Roundup: Broad Ripple eatery expanding; another furniture store entering market
MoFoCo, formerly the Monon Food Co., plans to open a downtown location March 27, while Bob’s Discount Furniture prepares to launch from two stores formerly occupied by a local furniture heavyweight.
Payless expected to file for bankruptcy, close hundreds of stores
Payless Inc., which has about 15 shoe stores in the Indianapolis area, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter.