The area near Lafayette Square Mall hasn’t exactly been a magnet for redevelopment lately. But city officials hope to change that with a plan to reposition the area as International Marketplace.
The 1.2-percent improvement last month followed healthier jumps of 17.2 percent in January and 8.1 percent in February.
Becoming the exclusive athletic footwear partner of the department store chain could increase Finish Line’s annual revenue as much as 30 percent, executives say. Finish Line apparel will start appearing in Macy’s this weekend.
Greenwood city officials are in the early stages of a downtown revitalization plan that would begin with an investment of up to $9 million designed to make Old Town more appealing to both vehicle and foot traffic.
The company this month filed papers gave option holders the right to exchange their current holdings for new options with an exercise price set at the current market price.
As the food truck industry heats up in Indianapolis, leaders of its fast-growing northern suburbs are starting to rewrite the rules of the road.
Franklin officials are soliciting bids to purchase and renovate the “Old City Hall” building in the downtown area of the city south of Indianapolis. The starting offer is $212,500 for the former U.S. Post Office built in 1936.
State Sen. Jim Merritt wanted to help an eastside Indianapolis church gain possession of some long-abandoned, derelict houses, tear them down and establish a park. The difficulty in doing so led to a bill that would make such improvements easier.
Hoosier Energy will invest about $27 million in 83,000-square-foot facility. The city of Bloomington has approved a 10-year tax abatement for the project.
Single-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of year-over-year increases.
Hertz Investment Group has closed on its purchase of the 650,000 square-foot, two-tower Capital Center and its 525-space underground parking garage.
Another Steak n Shake franchise owner is suing the company over its controversial practice that prohibits restaurants in the chain from setting their own menu prices, even after a federal appeals court sided with a franchisee.
The housing market has spiked so much in some places that real estate agents are turning to Facebook and going door-to-door looking for prospective sellers because of a shortage of houses for sale.
Indy Swirl, the latest offering from South Bend Chocolate Co., is set to open early next month.
Hendricks Commercial Properties is set to break ground on the $30 million mixed-use development on the southwest corner of 86th Street and Keystone Avenue on Wednesday.
Gov. Mike Pence asked the Indiana Economic Development Corp. on Monday to review its decision to grant $345,000 in economic incentives to a company started by a top Republican lawmaker and his son.
Indianapolis-based Simon Property Group Inc. is among borrowers funding projects from rooftop solar panels to energy-savings systems using so-called Pace financing.
Fast-growing Mainstreet Property Group will invest $800,000 to lease and equip offices at 14390 Clay Terrace Blvd.
The Indiana Ice have come to an agreement with owner Kite Realty Group to use the Pan Am Plaza skating facility as a training center and venue for games after renovations this summer. It also will be open to the public for other ice-related activities.
Building owner Kite Realty Group Trust has agreed to renovate the aging facility’s ice rinks to enable the hockey team to play more games there next season.
