Business has been slow to build at Beholder, which isn’t yet consistently profitable and has had to cut staffing to the bone.
At least four restaurants in the area have blamed their closings on the U.S. 31 project. Carmel says other nearby restaurants are doing just fine.
Indianapolis-based Sun King acquired the business assets of the former Thr3e Wise Men location on Broad Ripple Avenue in an auction Thursday.
One year since its first houses went on the market, seven out of the 15 homes sold are now occupied by teachers, making the village a much more mixed community than the developers’ initial lofty goals.
The complete overhaul of the street will include a raised pedestrian crossing between entrances for the City-County Building and the City Market.
Mayor Thomas Broderick Jr. said the price was reasonable and the theater could be tied into redevelopment efforts in the city.
The Carson’s space has been vacant since April 2018, leaving a gaping hole in the nearly 800,000-square-foot downtown mall.
Owner Bill Ficca said he plans to reopen the restaurant at 6319 Guilford Ave. after Labor Day with a new concept.
The Indianapolis-based real estate investment trust said it started $395 million of developments during the quarter totaling 2.6 million square feet.
The Indianapolis-based real estate investment trust saw profit shrink, but it beat Wall Street predictions with higher-than-expected funds from operations, a key industry metric.
Speculation about where the first local Wahlburgers would open has been circulating since last August, when IBJ first reported that Wahlburgers, the restaurant concept by actors Mark and Donnie Wahlberg and their brother Paul, was planning to open an Indianapolis-area location.
Indianapolis-based Ratio Architects Inc., the city’s largest architectural firm, announced Tuesday that it was merging with Denver-based Humphries Poli Architects.
Asbury Automotive Group, the nation’s seventh-largest auto retailer, now has made four acquisitions in the Indianapolis area totaling more than a quarter-billion dollars since 2017. Butler is being rebranded as part of the purchase.
Merrillville-based White Lodging and Indianapolis-based REI plan to construct a seven-story, 206-room hotel after putting it on hold earlier this year over concerns about the Pan Am Plaza development.
The purchases are part of the group’s $15 million plan is to preserve or create 1,000 affordable housing units within walking distance of IndyGo routes over the next five years.
A growing Ohio-based chain of coworking centers announced Monday that it plans to venture into Indiana for the first time by opening a location at Hamilton Town Center in Noblesville in spring 2020.
The owners of the 18-acre former Angie’s List campus just east of downtown are relying on a promise of lower rent, connectivity with downtown, and the potential for future nearby development to draw tenants.