Articles

Finish Line sees profit slip on Macy’s costs

In addition to announcing quarterly results, the retailer said longtime president and chief operating officer Steve Schneider will move into the position of executive vice president of strategic initiatives.

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Mel Simon estate quietly showering charities with millions

The estate earmarked at least $1 million for nine recipients, from Butler University and the Indiana University Foundation to The Children’s Museum of Indianapolis, the United Way of Central Indiana, and the James Whitcomb Riley Memorial Association.

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MCL enlists star power for TV commercials

Last month, Los Angeles-based film producer/director Steve Zukerman filmed commercials inside an MCL Restaurant and Bakery at Allisonville Road and 86th Street and in the Carmel Arts & Design District.

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Incentives draw industrial developer to AmeriPlex

A city tax abatement has led Atlanta-based Industrial Developments International to build a 794,608-square-foot speculative building in AmeriPlex and to plan construction of another, 460,000-square-foot building there.

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Veteran custom homebuilder taking prefabs downtown

Ursula David is out to dispel the perception that modular homes are little more than glorified double-wides. David, who started Ursula David Homes 20 years ago, is concentrating on a new project, Indy Mod Homes, and is targeting an unlikely place for the prefabs—the urban core.

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Governments helped fuel nursing-facility developer’s rise

Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.

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