NBA All-Star Weekend coffee shop to reopen near Monument Circle
Plaid & Pearls Coffee Lounge will take over the former location of Pearings Cafe & Frozen Yogurt at 6 W. Washington St.
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IBJ Podcast: John Stehr, news anchor turned mayor, on tackling one of Zionsville’s hottest issues
Stehr has jumped into the job with a big-picture vision for addressing how to develop the land just south of Zionsville’s gingerbread-like downtown.
Industrial developer keeps its focus on Plainfield with 498,000-square-foot Terminus project
Terminus is one of several elements of the $300 million Hobbs Station project, which will include housing, retail and office uses. The CEO of Terminus developer HSA Commercial Real Estate hopes the mix will attract tenants in sophisticated industries such as biotech.
Black Circle to expand with music-focused venture on 10th Street
Black Circle Audio will take over a 99-year-old brick structure south of Brookside Park that once was home to American Legion Post 465.
Zionsville mayor prepares pitch for big development
John Stehr is planning a public outreach tour throughout Zionsville to explain his plan for a 160-acre, $250 million development south of the town’s quaint, historic downtown.
Wild Eggs plans 3 more area restaurants, starting in Avon
Louisville-based Wild Eggs breakfast and brunch chain plans to double its presence in central Indiana by the end of 2024.
Westfield Plan Commission gives favorable recommendation to NorthPoint II project
The Westfield Advisory Plan Commission voted 8-0 to issue a favorable recommendation for NorthPoint II, which would be built near State Road 38 and Hinkle Road on the city’s rural northeast side.
Felony charges filed against man over unpaid utilities at 4 apartment complexes
The charges are related to a high-profile case in which the landlord of the four affordable apartment properties in Indianapolis collected money from tenants but failed to pay Citizens Energy Group for services from October 2019 to April 2022.
Hendricks’ growing reputation led to Circle Centre opportunity
Hendricks Commercial Properties has spent more than $550 million to acquire and redevelop properties across Indianapolis and Carmel since 2013. But the Wisconsin-based firm says it’s just getting started with work it hopes to do here.
Pickleball chain plans five clubs in Indy area, starting with one on north side
Former Purdue University and NFL quarterback Drew Brees is heading up a partnership that plans to bring 30 The Picklr franchises to Indiana, Ohio and Michigan over the next three years.
Historic Preservation Commission votes to protect Holy Cross church from demolition
The Indianapolis Historic Preservation Commission voted unanimously Wednesday at an emergency meeting to designate the Church of the Holy Cross as a historic landmark.
Academy Sports + Outdoors to add Greenwood-area store in April
The Greenwood-area location will become Academy Sports + Outdoor’s seventh Indiana store, with five opening since 2022.
Builder planning 417 new homes in Johnson County
Plans call for the 169-acre Sawyer Walk development along State Road 144 on the north side of Bargersville to have 273 single-family homes and 144 paired villas.
10 Vicious Biscuit restaurants planned for central Indiana
Breakfast and brunch concept Vicious Biscuit launched in South Carolina and has expanded to North Carolina, Florida and Ohio.
Much of Pan Am block being demolished to make way for convention center expansion, 40-story hotel
The structures and public spaces being erased from the site include the former Pavilion at Pan Am event center at 201 S. Capitol Ave. and the Pan American Plaza, making way for vertical construction later this spring.
Former grocery building now a high-end home
The building sits on land that Israel Traub, a German-Swiss immigrant, purchased in 1854 for a grocery store he opened in 1866, according to the St. Joseph Historic Neighborhood Association.
Demand continues to outpace supply, but sales volume increase is expected
Experts say this year will see a continuation of the same pattern that’s governed the market since before the pandemic—too many buyers chasing not enough listings—with higher interest rates complicating the picture.
Discount grocers smell opportunity amid rising prices
Prices in the grocery category have surged 25 percent over the past four years, outpacing the overall inflation rate of 20 percent during the same period. That opens the door for retailers like Aldi and Dollar General.
Sales of existing homes in central Indiana slip for 25th straight month
Sales in the 16-county area decreased in February amid higher prices and a declining inventory.
Shopping center exec arrested on fraud charges
Indiana native Jonathan Larmore, whose real estate company held numerous shopping centers in central Indiana, was arrested Thursday on fraud charges related to an alleged $77 million scheme to inflate WeWork Inc.’s stock price.