Longtime Indiana Avenue bar, restaurant closing
Bourbon Street Distillery at 361 Indiana Ave. will serve its last customers on Friday, after 15 years in business.
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HHGregg hires new chief merchandising officer
Aaron Trahan, 32, is the fifth person to hold this job since 2012 at the struggling Indianapolis-based retailer.
‘Perfect recipe’ leads to Fishers food-centric development
The culinary-centric development proposed in Fishers is an unusual concept for the northern suburb, but it’s an idea experts say just needed the right recipe.
Developer embarking on three downtown for-sale housing projects
Onyx + East is planning a mix of condo flats, townhouses and row houses at the three locations, two of which should see construction activity within a few months.
ANDREWS: With employee ownership, firm takes road less traveled
Indianapolis construction firm Shiel Sexton Co. finalized a transaction Sept. 30 making it 100 percent employee-owned.
$50M Penrose on Mass project to get underway following parcel sale
The project will include 236 apartments, 40,000 square feet of retail space and a 379-space parking structure.
Long-discussed Penrose on Mass project clears major hurdle
The development partnership for the project has acquired a half-block site and will begin demolition of a former fire station and headquarters in early January.
Sears Holdings lines up $200M in financing to stay afloat
The move signals that hedge fund manager Eddie Lampert remains committed to bankrolling Sears, even as the once-mighty department-store chain suffers from dwindling sales and billions in red ink.
High CFO turnover for retailers a sign of the times
The rapid turnover is a symptom of the quickly changing retail industry, as shifting consumer behavior demands new strategies from companies trying to keep up.
UPS says it expects to make 1.3M returns to retailers in one day
UPS expects to deliver 1.3 million packages back to retailers on Jan. 5, which is celebrated by the delivery service as “National Returns Day.”
Holiday sales on pace for biggest gain since 2005
Shoppers abandoned their early reluctance and pushed U.S. holiday sales to the biggest increase in more than a decade, a research firm said Tuesday. Online sales grew an estimated 15 percent as Amazon Inc. had its best season yet.
Hollyhock Hill, one of city’s oldest eateries, changes ownership
The restaurant, which first opened in 1928, had been owned by Jay and Barbara Snyder since 1992. The new owner is making her first leap into restaurant management.
Roundup: Another Musk eatery coming; BurgerFuel commits to Broad Ripple
Kimbal Musk is nearing a deal to take over the former Double 8 Foods building on College Avenue, and New Zealand-based chain BurgerFuel has chosen Indiana for its first restaurant in the United States.
Contest seeks downtown home design at affordable price
Downtown Indy has launched IN_fill, Designed to the Core, calling on Indiana architects to design a single-family home that can be built on an urban lot for $225,000.
GM stamping plant site going back on block
The owner of the former General Motors stamping plant property plans to solicit bids for the site as early as next month and is expecting proposals to be much bolder than previous pitches.
2016 TOP STORIES: Development boom hits Carmel, Westfield
Massive real estate developments continued to roll into Hamilton County in 2016, especially in Carmel and Westfield.
2016 TOP STORIES: Locally based retailers send CEOs packing
Three major Indianapolis-based retailers struggling with declining sales replaced their CEOs this year as they tried to improve company financials.
2016 NEWSMAKER: Mike Cunningham, serial restaurateur
Cunningham in the past seven years has opened Mesh, Bru Burger and Union 50 on Massachusetts Avenue. He launched Vida—where Amici’s Italian Restaurant once stood—in February, and followed up with The Livery on College Avenue in November.
2016 Year in Review: $260M development planned for Mass Ave
Hendricks Commercial Properties' proposal calls for 337 apartments, 339,400 square feet of office space, and 67,225 square feet of retail. It also plans to construct a 132-room hotel and a 41,000-square-foot cinema.
Developer pitching big commercial project by Keystone at the Crossing
Keystone Realty Group wants to rezone a 12.7-acre parcel at the northwest corner of East 86th Street and Keystone Avenue to construct the combination retail-office building.