Milhaus to revise design for Mass Ave project
The residential-and-retail development is now the right size, but a city commission would like to see a different mix of materials, among other concerns, before it grants approval.
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Fishers OKs tax break for medical building
Cornerstone Cos. plans to locate the $11 million project near Interstate 69.
Tiny Sheridan girds for inevitable growth
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
Peapod sees Indianapolis as big growth market
Peapod Inc. has discovered fertile ground in Indianapolis despite a crowded field of grocery competitors, said Scott DeGraeve, senior vice president at the country’s oldest and biggest online grocery-delivery service.
Chicago staple Giordano’s snags Sangiovese space
The famed stuffed-pizza chain is making a rare foray outside the Windy City in space at the Rivers Edge shopping center long held by upscale Italian eatery Sangiovese.
Stalled project could get boost from Market Square activity
The property at 123 N. New Jersey St. has remained in suspended animation for the past few years after a deal for a seafood restaurant on the site fell apart.
Herman & Kittle plans $28M downtown apartment project
The Indianapolis developer plans to build 211 units at the southeast corner of College and Maryland Street. Meanwhile, the owner of a building across the street that last housed a sporting goods store is accepting bids on the property.
Council votes to support $30M Broad Ripple project
Developer Browning Investments Inc. plans to use $5.7 million from the bond issue to help finance the apartment/retail project along the Central Canal.
Anderson’s Paramount Theatre seeks donations
The landmark Paramount was saved from demolition 25 years ago, but the man who saved it left $800,000 in mortgage debt when he died last month.
Ownership move delayed for Anderson’s Wigwam gym
Leaders of the private Wigwam Sports & Entertainment group are scheduled to present their proposal for reusing the 9,000-seat gym to the city Redevelopment Commission on Tuesday.
Council to consider citywide landlord registry
Indianapolis landlords would have to register with the city by Jan. 1 or face a $500 fine under a proposal that will be introduced to the City-County Council on Monday night.
Indy’s musical roots remain alive at Jazz Kitchen
For the past 20 years, the Jazz Kitchen has offered live jazz seven nights a week, serving as an incubator for local acts and touring musicians alike.
HHGregg’s board is bullish, but analysts remain skittish
The company scarfed up $49 million of its stock under a buyback program that ran from May 2013 to May 2014. And last month, the company launched a new buyback program, this one for $40 million.
Pedcor angling for $16M subsidy for City Center expansion
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
Shares of Simon spinoff dip in early trading
Simon Property Group has revised its earnings forecast with the Thursday launch of spinoff firm Washington Prime Group.
Library begins plans to pull branch out of Glendale mall
The library’s lease at Glendale Mall doesn’t expire until 2022, but officials are beginning to explore building a branch elsewhere in the area to give it more exposure and accessibility.
Washington Prime shares set stage for NYSE debut
Shares of the fledgling, Indy-based firm hovered just under $21 in advance trading on Wednesday morning, providing a window to its official open Thursday on the New York Stock Exchange.
Late Harvest chef opens barbecue joint in Nora
North End Barbecue & Moonshine, Ryan Nelson’s latest entry on the local culinary scene, offers traditional American barbecue from different regions of the country.
Shares of Simon Property spinoff to begin trading
Washington Prime Group Inc., listed under the “WPG” ticker symbol, will begin trading Thursday. The new real estate investment trust will own 98 retail properties, including 13 in Indiana.
Indiana cities getting money to fight urban blight
Indianapolis, Lawrence, Gary and two other Indiana cities have received a total of about $15 million to help eliminate blighted and abandoned homes.