Roundup: Einstein bagel shops closing, Under Armour coming to Fashion Mall
The downtown Einstein location and the chain's Fishers store closed Tuesday—joining another location that shut down in recent months—as part of a company reorganization.
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Bankruptcy, foreclosure filing dog Park Fletcher property
The new owner of 17 buildings in the southwest-side industrial park has filed to reorganize $12.6 million in debt as the lender seeks to foreclose.
House backs repeal of state construction wage law
Indiana House members voted 55-41 Monday to support eliminating the boards that set construction wages for each state or local project. Thirteen Republicans joined 28 Democrats in opposing the bill.
UPDATE: Lawmakers put off vote on Sunday alcohol sales
The Indiana House will wait at least until Tuesday to vote on legalizing Sunday carry-out alcohol sales.
House rejects changes to Sunday alcohol sales bill
An effort to dial back proposed restrictions on grocery, convenience and drug stores in a bill that would legalize Sunday carryout alcohol sales was narrowly defeated Thursday in the Indiana House.
Former St. Francis Beech Grove hospital attracts suitors
Franciscan St. Francis Health has finally found a buyer for its former hospital campus in Beech Grove. Trouble is, it’s found two.
Downtown projects set to soak up thousands of parking spaces
Parking on the east side of downtown is becoming harder to find—enough to prompt some rates to rise—thanks to a trio of real estate developments replacing surface parking lots.
New Indy transit center balances utility, dignity, design
The team charged with designing and engineering downtown’s $20 million transit center—which has begun to emerge south of Washington Street between Delaware and Alabama streets—took on three core challenges.
Fever hire new ad agency, plan early media blitz
KH Complete Advertising has replaced the Indiana Fever's long-time advertising agency and is promising to ramp up ticket sales for the upcoming season. New TV ads and billboards are coming in March.
Fresh Thyme to anchor $37M Broad Ripple development
The specialty grocer has committed to occupying 35,000 square feet at Browning Investments’ apartment-and-retail project along the Central Canal. Construction is set to begin next month.
Design changes shorten downtown tower project
Flaherty & Collins execs joined city officials Wednesday morning to break ground on the $121 million, 28-story downtown development, which was renamed 360 Market Square. Design changes have shaved about 70 feet from the tower’s originally planned height.
Study shows no big issues over proposed Indiana reservoir
The state-funded study looked at the cost and environmental impact of the proposed 2,100-acre Mounds Lake reservoir, which would be formed by putting an earthen dam on the White River in Anderson, with an estimated cost of $440 million.
UPDATE: House panel backs repeal of public projects wage law
The Republican-controlled House Labor Committee voted 8-4 Tuesday in favor of eliminating the boards that set construction wages for each state or local project costing more than $350,000.
Senate panel backs bill dealing with big-box store values
The Senate Tax and Fiscal Policy Committee unanimously supported a bill requiring certain special-purpose properties to be assessed based on the cost of construction for the first seven years.
Indy-area home sales perk up
Buyers signed deals for 1,702 homes in January, a 4.7-percent gain over the same month last year. Average home prices and the inventory of listed homes each inched up about 1 percent.
Buyer of mostly vacant office complex scores 3 tenants
After buying 500 N. Meridian in June, Ambrose Property Group has snagged three major tenants from OneAmerica Tower.
Walgreens pharmacy setting up shop on Mass Ave
The chain will occupy 2,500 square feet on the ground level of the 3 Mass building at the head of the bustling avenue and should be open within the next few months.
Groundbreaking set for downtown’s Market Square skyscraper
Executives of Flaherty & Collins Properties will join city officials Wednesday to turn dirt on the site, kicking off construction of the $121 million, 28-story apartment project anchored by a Whole Foods store.
Activist unleashes attack on Sardar Biglari, says he must go
Groveland Capital said in a regulatory filing late Thursday: “[Steak n Shake's] operating performance with Mr. Biglari at the helm has been worse than that of those predecessors he so criticized in 2008!”
Zionsville shop’s niche draws orders from antiquers worldwide
In July, Tiffany Turner and her husband, Steve Young, bought Kennedy Hardware, a three-decade-old enterprise that’s a superstar in its sales niche—supplying highly specialized bits of hardware for rehabilitating antique furniture.