Macy’s planning to add 30 small-format stores in strip centers
The department store chain said Tuesday that it aims to add the new small-format locations through the fall of 2025, bringing the total number of such stores to roughly 42.
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Former Marsh store in Anderson being readied for Needler’s, Ace Hardware
Speedway-based development firm KennMar plans to invest up to $1.5 million in the project on the west side of Anderson.
Chatham Arch makeover: Home built in late 1800s gets with modern touches
When Vince Peiffer and business partner Phil Carrao purchased the house at 640 E. 10th St. last year, it was in poor condition. All the floors were out of level, structural problems in the basement had to be addressed, and the siding was falling off. The two purchased the Chatham Arch neighborhood home, built in […]
Indiana Golf ready to tee off on new HQ at Fort Ben
The governing body for golf in Indiana plans to build the facility, which will be known as the Pete and Alice Dye Indiana Golf Center, on the grounds of The Fort Golf Resort at Fort Benjamin Harrison State Park.
Indianapolis-area home construction permit filings surge 30%
August’s jump in filings was aided by big increases in Marion, Hamilton, Hendricks and Boone counties.
Developer planning restaurants, fitness center, homes in Westfield
Plans call for TowneRun to include up to 40 two-story attached houses and about 35 courtyard houses aimed at buyers aged 55 and over.
Bank of America continues expansion in Indianapolis market
North Carolina-based Bank of America has opened 19 area branches since entering the Indianapolis market in 2017, including a new one in Carmel. It plans to open at least three more by 2025.
Fixing billboard did not result in Noblesville sign being ‘relocated,’ Indiana Supreme Court affirms
A Noblesville ordinance’s language for sign relocation was ambiguous with its usage of “relocate” and “move,” the Indiana Supreme Court affirmed Monday.
Judge rules Donald Trump defrauded banks, insurers while building real estate empire
If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties.
Greenwood planning 16-court pickleball facility in Freedom Park
The Greenwood Parks & Recreation Department plans to add an additional 120 parking spots at Freedom Park to accommodate pickleball and aquatic center visitors.
UPDATE: Indianapolis to move about 550 employees to City-County Building
The three-phased move is intended to create a dense grouping of professionals in the core of downtown and save taxpayer dollars, the city said Monday.
Spooky coffee shop, short-term rental planned at former dental clinic
Black House Cafe is expected to open by the end of the year, said Dennis Brackenridge, who purchased the Fountain Square building last October.
Biotech firm nearing completion of Indy radioisotopes factory
Following a $45 million renovation, RayzeBio plans to use the plant to make Actinium 225, a radioisotope used for targeted therapy for cancer.
Pilot program aims to give relief to Riverside property taxpayers
The Indianapolis City-County Council approved a proposal on Monday creating the Riverside district and a tax credit for longtime homeowners in the neighborhood who are over the age of 55.
City drops plan to redevelop City-County Building
The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.
Indiana attorney general asks court to block sale of two IPS buildings
His effort is the latest development in the argument over how to interpret the newest version of the state’s so-called “$1 law” that requires districts to give closed school buildings to charters for the sale or lease price of $1.
Carmel tavern/brewery owner planning new project on city’s Main Street
Kevin Paul, who owns Brockway Public House, Danny Boy Beer Works and The GOAT, is seeking to open Boneyard Bar & Restaurant in Carmel.
Rise’n Roll Bakery closing two Indy locations, plans to open another
Rise’n Roll Bakery, known for its doughnuts and Amish Country goods, announced the closures Thursday while confirming plans for a new store in Nora and possibly another one in a northern suburb.
Lawmakers explore site readiness, regulations, demographics in first land-use task force
State legislation creating the task force gave it five issues to examine: growth trends, growth barriers, developer siting, local self-investment and food insecurity.
IBJ Podcast: The story behind Peterman’s wild growth across Indiana since brothers took over
Pete Peterman couldn’t have imagined how much and how fast the company would grow under the new generation, which had a strategy that required a fundamental change in the business.