A local motorsports not-for-profit plans to acquire more than two acres at the former Central State Hospital campus on the west side of Indianapolis with a goal of converting the property into a new multi-building headquarters.
A major shareholder of the Indianapolis-based company had been attempting to get its own CEO elected to the board instead.
Houston-based Landry’s Inc. plans to open a Del Frisco’s Double Eagle Steak House in a space in downtown’s core that has housed several upscale eateries.
The eighth and final season of Indianapolis-based home renovation series “Good Bones” is scheduled to debut Aug. 15 on HGTV.
Plans call for the nets at Gray Eagle’s 38-acre driving range to be almost as tall as those used by TopGolf at its Fishers facility along Interstate 69. Gray Eagle also plans to build a 5,000-square-foot bar and restaurant inside a new clubhouse.
Rob Wynkoop, vice president of auxiliary services at Purdue, said the university has been actively exploring the return of commercial air service to the airport.
The Indianapolis Department of Metropolitan Development has started soliciting ideas for what could be done with the site of the former John Marshall High School, which it purchased from Indianapolis Public Schools for $725,000 last month.
Time will tell whether Hoosier hospitality is reciprocated to a wave of coffee retailers that built customer bases in other states before setting up shop here.
Indianapolis-based Noble Roman’s Inc., which is battling one of its biggest shareholders over whether to replace CEO Scott Mobley on the restaurant company’s board of directors, is now facing a lawsuit from that shareholder over the same issue.
The ceremony follows months of construction work beneath the plaza to stabilize certain structures, like Pan Am Tower, and prepare the site for a three-year buildout.
A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt announced Tuesday that it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club facility, which closed in 2017.
The White House also announced that it was forming an inter-agency task force to develop ways to fund efforts to convert more commercial buildings to residential housing, especially zero emissions and affordable units.
Gabe Nelson, planning director for the city, said public input will play a major role in the creation of the plan, which aims to ensure Greenwood remains attractive to existing residents and businesses, while creating opportunities to attract new ones.
Mayor Joe Hogsett’s administration is seeking a stronger approach to force property and business owners to discourage behavior that compromises public safety.
Sales dropped for the 17th straight month on a year-over-year basis as inventories continued to tighten.
Indiana State Fairgrounds officials opened the 196,000-square-foot Indiana Farm Bureau Fall Creek Pavilion on Thursday, sharing announcements of national events already scheduled for the venue that has replaced the Swine Barn.
The rethought 2.4-acre Stutz II project is now expected to consist of two new structures and the reuse of an existing three-story office building.
Single-family houses at Bradley Ridge would range in price from $1 million to $3 million, while townhouses would cost $800,000 to $850,000.
The Greenwood City Council has given preliminary approval to a tax abatement on an $8.5 million speculative office building and is considering a separate incentive agreement for a manufacturer’s expansion.
U.S. offices face higher stress than other real estate sectors because of weak demand as remote work gains widespread acceptance.
