Large Noble Roman’s investor calls for sale of company
In a scathing letter to directors, Privet Fund LP said accountability is sorely lacking throughout the upper ranks of the company, which has a stock price languishing below $2 a share.
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Q&A: Scott Harris, outgoing Speedway redevelopment guru
The outgoing executive director of the Speedway Redevelopment Commission waxes on the progress the town has made remaking its Main Street.
Milhaus plans to add 250 workers through expansion
Milhaus, parent of several real estate-related companies, is best-known for its local apartment projects, including Artistry, Circa, Maxwell, Mozzo and Penn Circle.
Amazon raises online retail bar with same-day delivery
The logistics and costs of same-day delivery—the fuel, labor, infrastructure and other costs—have been difficult challenges to surmount.
Retailers expect weak holiday for electronics sales
Retailers like Best Buy Co. and HHGregg Inc. expect weak demand for electronics during the holidays, although ultra-HD televisions might be an exception.
Home values point to a sharp wealth divide in U.S. cities
Neighborhoods in most U.S. cities, including Indianapolis, are increasingly isolated from each other by income and home values, according to analysis by national real estate brokerage Redfin.
Fishers aims to revitalize aging Allisonville Road corridor
City officials say they recognize the need to revitalize Allisonville Road, and the area is a priority as the city creates a framework for the future through its comprehensive plan, which looks as far ahead as 2040.
Battered retailers seek sales salvation in holiday season
Indiana’s publicly traded retailers are hoping a strong shopping season will allow them to finish with a flourish after a bruising 2015.
Salvage shop rescues industrial, medical antiques
Society of Salvage, a 2-year-old shop on downtown’s east side owned by Sandra Jarvis, has carved out an unusual niche in the salvage industry by unearthing industrial equipment and medical oddities from old buildings and factories.
YMCA ready to kick open doors to $24M CityWay facility
The $24 million, three-story building at the southeast corner of Delaware and South streets downtown is set to open to the public Dec. 15.
Veritas ready to refurbish old Broad Ripple Legion building
The commercial real estate firm will invest $2.5 million in the building that it bought earlier this year to convert into its headquarters. Work should begin next month and finish by summer.
UPDATE: Expert testifies Fogle frequented prostitutes
A psychiatrist said Thursday during the sentencing hearing for Jared Fogle that the former Subway pitchman suffers from hypersexuality, pedophilia, and alcohol abuse and dependency.
Rezoning for $17M north-side senior facility moves forward
The Metropolitan Development Commission voted 6-2 in favor of Stonecrest Senior Living’s request to rezone 4.8 acres of wooded wetlands at the southeast corner of 86th and North Meridian streets.
Target, Wal-Mart see online sales growth slow in ominous sign
Both retailers are investing heavily in e-commerce operations, but the deceleration in online sales growth underscores the challenge of competing with Amazon.com, the world’s largest Internet retailer.
Veteran jeweler Thrapp retiring, closing shop
Gary Thrapp will wind down operations at his north-side store at 56th and Illinois streets with a going-out-of-business sale starting Thursday.
Controversial senior facility at 86th and Meridian up for zoning vote
The decision by the Metropolitan Development Commission on Wednesday would pave the way for construction of the 85-unit facility at one of the city’s most traveled intersections. Neighbors fiercely oppose it.
$8.5M apartment project could help revive near-west side
The Westside Community Development Corp. is proposing to develop the 56-unit affordable housing project along Michigan Street as part of a larger effort to rejuvenate the area.
Zionsville panel OKs rezoning plan for new town hall
The Zionsville Plan Commission approved a rezoning request Monday night that paves the way for a new municipal building and commercial development on the 6.85-acre site that is occupied by the current town hall.
Kentucky firm proposes $5M senior living facility in Fishers
The community would take shape on 9 acres near the southwest corner of Allisonville Road and 146th Street.
Indy-area home deals duck for seventh straight month
Pending sales of existing homes in the metro area fell 15.3 percent last month compared with October 2014, according to F.C. Tucker Co. Sale prices rose against shrinking inventory.