Upstart Mexican eatery already expanding
Luciana’s Mexican Restaurant & Cantina on Broad Ripple Avenue should open its second location, early next month, in the Clearwater Crossing shopping center.
Real Estate
Articles
Future of high-profile Zionsville property thrust into uncertainty
Pittman Partners LLC had proposed a $90 million, mixed-use project known as The Farm near the southwest corner of U.S. 421 and Sycamore Street. It recently withdrew from the project, and a new developer is being sought.
Hofmeister faces $2.4M suit over Clearwater jewelry store
The foreclosure lawsuit is the latest legal problem for the 43-year-old retailer, which is still trying to pay off debt from a Chapter 11 bankruptcy it filed in 2011.
Pittman Partners drops plans to develop $90M Zionsville project
The decision by Pittman Partners principal Steve Pittman is the latest sign of strife among siblings of Dr. John Pittman, a Carmel developer who died in 2014. Another sibling, Mark Pittman, now is leading efforts to line up an alternative developer.
New homes selling rapid fire at former Fort Ben
Builder David Weekley Homes is launching the second phase of its 74-lot Residences at Lawrence Village project more quickly than expected.
IPS board approves Hendricks’ $260M bid to redevelop Mass Ave site
The board followed an outside committee’s recommendation to accept Hendricks’ proposal to redevelop the land at College and Massachusetts avenues. The vote was not without debate, however.
LOPRESTI: Hinkle Fieldhouse innovative when it was built—and today
The arched steel trusses enabled the roof to cover a couple of acres without the need for beams, providing the vast and wide open spaces inside that would give the gazillion visitors to come in future years the sensation they had wandered into something that was part-gymnasium, part-national park.
Circle of innovation: Tech firms flock downtown
Since 2014 alone, 14 tech or tech-related companies opened offices within a quarter-mile radius of the Soldiers and Sailors Monument. And all told, 26 such companies inhabit that roughly 16-block cluster.
Children’s Museum proposes $10M-plus outdoor sports-related attraction
The Indianapolis institution is in the beginning stages of planning its Sports Legend Experience on 10 acres to the north of the museum. The attraction would include several sports-related activities.
Sears to explore sales of Kenmore, Craftsman, DieHard brands
Sears Holdings Corp. may turn to asset sales of some of America’s iconic brands to generate cash amid continued losses.
Mob-inspired pizzeria coming to Millikan on Mass
Goodfellas has agreed to take the last remaining retail space at the apartment development on Massachusetts Avenue and could be open by fall.
Former real estate broker Garden sentenced to six years
David Garden was sentenced to six years in prison Wednesday after being found guilty last month of defrauding homeowners and renters on the city’s south side who were having financial difficulties.
Review panel picks Hendricks’ $260M proposal for IPS property
A committee tasked with recommending a bid to redevelop the Indianapolis Public Schools property at Massachusetts and College avenues announced its selection of the Wisconsin-based developer Tuesday evening.
Existing-home sales, prices climb in central Indiana
Existing-home sales in central Indiana jumped 12.4 percent in April as average sale prices rose slightly and inventory dropped significantly.
Fast-growing logistics firm buys downtown Cannon IV building
FitzMark Inc. is spending about $4 million to buy and renovate the property in the Cottage Home neighborhood, as Cannon IV prepares to leave for the suburbs.
Cheaper beef makes return just in time for grilling season
Americans celebrating Memorial Day this weekend have a pleasant surprise coming their way: the cheapest retail prices for ground beef in two years.
HHGregg chief executive hoping to shed interim tag
Robert Riesbeck, the company’s chief financial officer, has served as the struggling retailer’s CEO on a temporary basis since February but wants the title to become permanent.
Frozen food recall covers many stores, several years
It's one of the largest food recalls in recent memory, with well over 400 products sold under more than 40 different brand names at major retailers including Costco, Target, Trader Joe’s and Safeway.
Huge 500 Festival mural pays homage to 100th race
The artwork that went up on the north side of the downtown 500 Festival building also celebrates other notable May festivities and will remain long after this month is over.
Local firm modernizes centuries-old yurt structures
Yurts have been a form of shelter for more than 2,000 years. But Indianapolis-based Yurts of America today builds them with materials that didn’t even exist back then.