Aldi gets go-ahead to build store in Greenwood
Aldi has purchased the land on Indiana 135 where a Pizza King restaurant and Dannemiller True Value store sit. The company will tear down the buildings to accommodate the new grocery.
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21-acre Greenwood tract marketed for apartment development
Developer J. Greg Allen had planned to build condominiums on the site before the housing market crashed. He relinquished the property to his lender, BMO Harris.
City-County Council, mayor settle on TIF policy
Mayor Greg Ballard’s administration has agreed to a new policy around creating and managing tax-increment finance districts. The policy is headed to the City-County Council for approval.
Archiver’s chain closing all stores, including two in Indy
The closures will cost 21 local employees their jobs in mid-February.
Indiana gold dealers operate under new rules
Indiana "cash for gold" dealers now must register with the secretary of state and local police as part of a new state law designed to help authorities track stolen jewelry.
Zionsville still must finalize deal for Hat World’s HQ
The deal to move the retailer’s corporate center from Marion to Boone counties dates back to May, when town officials closed on a $3 million land deal that they hoped would attract new development.
Two of three Pyramids buildings to open following main break
Water issues have caused numerous problems for businesses around the city in the wake of this week's winter storm.
Hat World plans include new HQ, hiring 758 workers
The Indy-based retailer that operates nationally as Lids plans to build a 150,000-square-foot headquarters in Zionsville, beef up local distribution operations, and go on a major hiring spree.
Lids parent plans ‘major’ jobs announcement
The Governor's office said it plans to make "a major economic development announcement" Friday morning "regarding hundreds of new jobs for Hoosiers" at the headquarters of Hat World Inc. in Indianapolis.
Napolese nibbles on national expansion
Local restaurateur Martha Hoover plans to take her Napolese chain national with help from Simon Property Group Inc.
Pupils learn to talk fast, sell well in auctioneering school
Melissa Davis is a third-generation auctioneer and president of Reppert School of Auctioneering. She helps lead quarterly courses running 10 days straight.
North-side office buildings sell for $25 million
Cincinnati-based Neyer Properties has made its first foray into the Indianapolis market by purchasing two buildings near Keystone at the Crossing. A $2 million renovation is in the works.
Marsh to shut down 8 stores by end of month
The closings, which include five in the Indianapolis market, will leave the chain with 78 stores in two states.
Mass Ave roundup: Union 50, Nine Irish Brothers
The two restaurants are among four new offerings that have either recently opened or will be coming to the Mass Ave area this spring.
Public sale to rid Wishard property of remaining items
Wishard Hospital’s 17 buildings need to be cleaned before Indiana University can acquire the land as part of a swap with the city that cleared the way for the new Eskenazi Health.
Local attorney, developer Page files bankruptcy
Paul J. Page was one of four principals of troubled Indianapolis-based condo firm Page Development, which spearheaded the Villagio at Page Pointe project at the south edge of downtown.
Greenwood firm buys building near Lucas Oil Stadium
The Alderson Commercial Group of Greenwood bought the building at 425 W. South St. late last year and plans to move into it in April. It last housed the Super Bowl Host Committee.
Simon malls, Kroger store among weather closings
Here’s a rundown of some of the restaurant and store closings due to heavy snow and frigid temperatures.
HHGregg reports disappointing holiday sales
The Indianapolis-based electronics and appliance retailer said its fiscal third-quarter sales during the holiday season were hurt by competitors offering deeper discounts.
Simon amends plan for CEO’s controversial $154M bonus
Simon Property Group has tied CEO David Simon’s $154 million retention bonus to the financial performance of the company, but plaintiffs in a related legal action are not satisfied.