Ironworks developer planning next phase for apartment project
Hendricks Commercial Properties has purchased the adjacent La-Z-Boy building and is planning to build more apartments on the high-profile property at 86th and Keystone.
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McDonald’s localizes menus with pulled pork, bacon McMuffins
The world’s biggest restaurant chain, hoping to appeal to wider swaths of Americans, is working to offer more locally relevant fare, such as pulled-pork sandwiches in Indiana, bacon and white-cheddar Egg McMuffins in Chicago and cranberry-orange muffins in the Midwest.
Neighbors yell ‘fore’ over apartment project that would replace golf course
A par-3 golf course on the city’s north side could be replaced by a $45 million apartment community with nearly 400 units, much to the chagrin of neighbors opposing the massive project.
Young Whitestown leader puts stamp on growing town’s canvas
Lauren Bailey, 24, the town’s first director of planning, is responsible for envisioning what the fastest-growing community in the state could look like in five to 10 years.
Developer soars with ‘special needs’ housing niche
Gary Hobbs and his wife, Lori, have built BWI LLC into a fast-growing developer of affordable housing with 48 employees and more than $10 million in annual revenue.
Long-standing downtown bakery sign has sleek new look
The nostalgic billboard atop the former Roselyn Bakery building at Washington and Pennsylvania streets now sports a more modern design courtesy of Pie Five Pizza Co.
Former downtown eyesore attracting tenants following major rehab
A 32-unit apartment project on Capitol Avenue, formerly known as the Di Rimini, is leasing up as new ownership finishes fixing all the flaws.
U.S. pending home sales climb to nine-year high
More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level since 2006. Signed contracts, however, were down in the Midwest.
Downtown’s Landmark Center sells for $23 million
New Jersey-based Fairbridge Properties bought the 12-story downtown office building from Ambrose Property Group, which purchased it out of receivership and invested $8 million in renovations.
Renderings updated for spiffy Marott Center addition on Mass Ave
Gershman Partners should start construction in the next few months on a four-story addition to the Marott Center at the foot of Mass Ave.
Finish Line off to strong start in latest fiscal year
The Indianapolis-based retailer of athletic apparel posted earnings that exceeded analyst expectations, as profit and revenue both grew in the quarter ended May 30.
Numerous construction projects planned at Indiana University
Work is almost complete on the $53 million School of Global and International Studies at Indiana University, just one of more than a dozen construction projects on the school's docket.
Carmel eyes plan for traffic nightmare at Keystone and 96th St.
City officials hope to start construction in 2017 on a nearly $32 million teardrop roundabout that would bridge through traffic over 96th Street.
Developer pins comeback on $11B project
Sidelined real estate developer Christopher P. White is hoping to make a triumphant return with an $11 billion—yes, $11 billion—proposal for the GM stamping plant site and areas surrounding it.
If only HHGregg could rewrite its stock-buyback history
The struggling appliance and consumer electronics retailer, must be suffering from a bout of buyer’s remorse these days after plowing more than $150 million into share repurchases over the past four fiscal years.
Lilly Endowment pledges $5M for city plaza revamp
The announcement follows the October unveiling of the design for the City-County Building plaza overhaul, which is expected to cost $10 million.
Supreme Court upholds key tool for fighting housing bias
The Supreme Court handed a surprising victory to the Obama administration and civil rights groups on Thursday when it upheld a law used for more than four decades to fight housing discrimination.
Fountain Square abode is awash in color and playful touches
Fine artist Kyle Ragsdale grew up in Texas and spent years in New Mexico. But when it came time to put down roots in Indianapolis, where he’s lived since the 1990s, he chose the Fountain Square neighborhood.
Hidden gem: Bates-Hendricks neighborhood drawing attention
The blue-collar neighborhood adjacent to Fountain Square suddenly is becoming hip among first-time homebuyers.
Former Bluebeard chef Adams to start Fountain Square eatery
Also a tastemaker at Plow & Anchor, John Adams now is teaming with retail broker Brian Epstein to open Marrow in Fountain Square, where Maria’s Pizza was located.