Yats opening outposts as far away as Ohio, Tennessee
Patrons of the original Yats at East 54th Street and College Avenue probably don’t realize they’re experiencing one of the hottest concepts in restaurant franchising.
Real Estate
Articles
Hendricks Regional to make $40M bet with Brownsburg ER, outpatient center
Hendricks Regional Health will construct a 100,000-square-foot emergency room and outpatient center on the north side of Brownsburg by early 2017, hoping to capitalize on an underserved part of the state’s second-fastest-growing county.
Kite reports higher profit, revenue on larger portfolio
The Indianapolis-based real estate company earned first-quarter profit of $5.1 million and revenue of $86.8 million, which more than doubled from the same period last year.
Hipsters in office towers? Building owners scramble to lure them
Paltry occupancy rates in downtown Indianapolis office towers have owners remodeling lobbies among other changes to remake their staid images.
Sarah Fisher planning karting facility in Speedway
The 60,000-square-foot Speedway Indoor Karting center is scheduled to open in April 2016, one month before the 100th running of the Indianapolis 500.
Prime College Avenue parcel up for bid
AT&T is seeking to unload the property south of Kessler Avenue in a bid process that is expected to attract plenty of interest from developers.
Duke Realty posts higher quarterly profit, revenue
The Indianapolis-based real estate developer reported strong earnings on higher occupancy and growth in rents.
Kroger’s $464M plan for Indy includes new stores, 3,440 jobs
The Cincinnati-based grocer on Wednesday revealed further details of a four-year strategy to solidify its place in the Indianapolis-area market, including new, expanded and remodeled stores.
Mother-daughter home rehab team gets shot at HGTV gig
Karen Jensen and Mina Starsiak, owners of Two Chicks and a Hammer, will be featured in a TV pilot airing Monday on the network. They could parlay the appearance into a 12-episode season.
Budget bans state archives building on Central Canal
The Pence administration would be banned from constructing a new, $25 million state archives building along the Central Canal in downtown Indianapolis under the budget bill lawmakers plan to approve Wednesday.
Pulte to buy remaining land in Village of WestClay, Lochaven
Between the two high-end communities in Carmel and Noblesville, Pulte Homes expects to be able to build on more than 200 home sites.
PNC Center pitching backside as restaurant site
Retail brokers say the location, at Illinois and Maryland streets in the heart of downtown’s dining district, is sure to generate plenty of interest.
Roundup: Flix opening in Carmel; Nourish and Hyde Park downtown
Flix Brewhouse will welcome moviegoers with Thursday’s premiere of “Avengers: Age of Ultron,” while Nourish Innovative Local Cuisine & Cocktails prepares to open downtown. Also downtown, the Illinois Building continues to lure restaurants.
Upscale steakhouse coming to Illinois Building
Cleveland-based Hyde Park Prime Steakhouse has agreed to occupy 8,000 square feet in the building’s corner space at Illinois and Market streets, joining Giordano’s pizzeria on the ground floor.
Milhaus making move to Fletcher Place
The local developer will move April 27 to its new office on Virginia Avenue. The property that Milhaus bought dates to 1876 and is known as the former Shirley Engraving building.
Simon raises earnings guidance after strong first quarter
Indianapolis-based mall owner Simon Property Group reported higher profit and revenue on improving occupancy and rents at its properties.
Downtown TIF district awash in cash
The Indianapolis downtown TIF district is so flush with cash that the mayor can cover all its debt payments, fund two layers of reserves, and still have tens of millions to spend at his discretion.
Fast-fire pizza chains preparing to blitz Indy area
A pizza war is heating up in Indianapolis. Additional players in the new and trendy fast-fire sector are charging into the area.
Rivoli Theatre, medical museum on Indiana endangered list
The Rivoli Theatre and the Indiana Medical History Museum in Indianapolis are among 10 places on this year's most-endangered places list from the not-for-profit historic protection group Indiana Landmarks.
Hampton Inn slated for Keystone at the Crossing
Construction on the 125-room hotel, part of PK Partners’ $80 million mixed-use development, should start later this year with an opening in 2016.