Mass Avenue moves: Tini, Flying Cupcake
The martini and vodka bar is taking the space next door now occupied by the cupcake store, which is relocating to another location on the Avenue.
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Deborah Simon giving $100M to Pennsylvania prep school
The contribution from the daughter of Simon Property Group co-founder Mel Simon is one of the largest gifts ever made to an independent school in the United States.
Tower would be first big addition to east side of Indianapolis in decades
The proposed Market Square Tower—if it’s built as planned at 28 stories and 370 feet—will be one of the 10 tallest buildings in Indianapolis.
Home-A-Rama back after five-year layoff as market improves
With the housing market on the mend, the Builders Association of Greater Indianapolis decided the time was right to reintroduce the show, which gives the public an opportunity to tour newly built custom homes.
Update: Drugstore drive-through gets city clearance
A city zoning board has approved a developer’s request for a drug store drive-through as part of a mixed-use project to be built on the Indianapolis Star’s current headquarters property.
Local Red Cross unveils plans for new headquarters
The not-for-profit is planning to move from its East 10th Street location to North Meridian Street as part of a larger city land swap deal involving the Indianapolis Fire Department. The final step: a $43 million mixed-use development on Mass Ave.
Developer readies second Virginia Avenue residential project
Deylen Realty’s latest development along bustling Virginia Avenue calls for 68 apartments and 9,900 square feet of retail space between the existing Mozzo apartments and Villagio condos.
State opens downtown parking lots to development
Proposals due Nov. 15 could cover one or all of three state-owned parking facilities, which contain 6,096 spaces and generate more than $1 million a year from special events.
Car dealers curtail advertising boasts
Efforts by trade groups such as the Automobile Dealers Association of Indiana—and, more formidably, a recent crackdown by the Federal Trade Commission—have discouraged the use of potentially misleading ads.
Gene Glick was a soldier, a builder and a philanthropic giant
Gene Biccard Glick, who died at home following a long battle with Alzheimer’s disease, built affordable housing sprawling across 10 states—a business empire that paved the way for tens of millions of dollars in donations to causes ranging from medicine to recreation.
Precedent office park hits block
The owners of the 19-building Precedent Office Park are putting the massive property up for sale, eight years after buying it for $143 million at the height of the real estate boom.
Former City Hall could reopen for planning work
The city’s development director hopes to launch a countywide planning effort, and he wants it to take place on the first floor of the vacant, century-old building at 202 N. Alabama St.
Wheeler Mission lands $1M grant to help with expansion
Wheeler Mission Ministries Inc. said Wednesday that it has received a donation from the Nina Mason Pulliam Charitable Trust that will allow it to start construction on a new facility next to its shelter at 520 E. Market St. in downtown Indianapolis.
Consolidated Building revamp set to begin soon
The developers plan to invest $16 million to transform the vacant, century-old building into 98 apartments, with first-floor retail or restaurant space, in a project dubbed Penn Street Tower.
Real estate developer, philanthropist Glick dies at 92
Eugene Biccard Glick built a fortune as a residential real estate developer before becoming better known as one the city’s most generous philanthropists. The Indianapolis native and World War II veteran died Wednesday.
City delays decision on Broad Ripple project
Due to absences on the Indianapolis Metropolitan Development Commission, attorneys for both sides of the issue on Wednesday agreed to continue the controversial rezoning request to the group’s Oct. 16 meeting.
Roundup: Big-box retailers, pizza joints and more
Gander Mountain plans to open a store in Avon, Wal-Mart is expanding its presence in the metro area, and an Irish pub has opened downtown in space that’s had trouble keeping a longtime tenant.
Councilor takes aim at Browning’s Broad Ripple apartment project
At-large City-County Council member Zach Adamson says that even if the apartments-and-grocery project gets an OK from city development officials on Wednesday, he might force an additional hearing.
Woodfield office buildings attracting strong interest
The two Class A office buildings totaling 348,000 square feet are close to being sold after falling into foreclosure during the implosion of defunct local developer Premier Properties USA Inc.
Finish Line shares surge after jump in profit
New products from apparel makers such as Nike helped drive up earnings 6.1 percent in the fiscal second quarter, the Indianapolis-based retailer announced Friday morning. A deal with Macy’s also is paying off.