Landing a North American Soccer League franchise might be the easiest part of Indianapolis developer Ersal Ozdemir’s grand plan, which includes building a downtown soccer stadium and surrounding it with retail and residential space.
HHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.
Hoosiers may be required to pay a 7-percent sales tax on top of their Amazon purchases starting July 1 if a proposed House bill is adopted.
Work began this week on a $60 million apartment and retail development along Ninth Street between the Central Canal and Senate Avenue that will be geared toward students and young professionals.
Gordmans, an apparel and home decor retailer, said it will spend $37.5 million to construct and equip a 545,000-square-foot distribution center in Clayton.
Southern Bells Inc., an Indianapolis-based franchisee that operates 76 regional fast-food restaurants, has been acquired by the country’s largest franchisee of Applebee’s restaurants.
A portion of the Patient Protection and Affordable Care Act requiring companies in 2014 to begin offering health insurance to more workers is causing a lot of anxiety.
A Fishers-based developer plans to build a 90-unit apartment community east of Township Line road and north of 86th Street, behind a shopping center that includes Kahn's Fine Wines & Spirits and Planet Fitness.
Home-sale agreements in the nine-county Indianapolis area jumped 12.2 percent in December, marking a 20th straight month of gains and capping off a strong year for residential real estate.
Check out renderings of a proposed $4.7 million rugby complex near Fountain Square.
The bank that owns the hulking pile of code violations known as Di Rimini at the southeast corner of Capitol Avenue and St. Clair Street is poised to invest more than $1.5 million to finish the ill-fated project.
Keystone Group President Ersal Ozdemir plans to launch a soccer franchise in 2014 and build a soccer-specific stadium by 2017.
HHGregg shares fell 10 percent in early trading Monday after the Indianapolis-based appliance and electronics retailer slashed its 2013 profit forecast almost 25 percent on a sharper-than-expected drop in television sales.
The complaint alleged that Hudson residents in 2011 began noticing cracks in the first-floor walls and ceiling of the downtown condominium, in addition to noticing a slope in the floor.
Arvey Paper & Office Products at 1021 N. Pennsylvania St. began serving customers again in December after closing for six months. A former executive of Arvey’s previous parent company bought the name and has reopened five stores nationwide.
A long-vacant drive-in theater just east of Fountain Square soon could be home to the nation’s largest rugby facility. The Indiana Youth Rugby Foundation has raised $1.2 million for the ambitious project and is seeking another $500,000 to break ground this spring.
A local developer hopes to build a $20 million apartment and retail project on one of several Old Northside lots once used by the defunct car dealership Payton Wells.
New soil-productivity factors issued by the Department of Local Government Finance last year would have raised tax collections an average 18.5 percent this year.
Expect to see more big distribution centers in the Indianapolis area as you drive around town or come in for a landing at Indianapolis International Airport.
Coming soon to the Indianapolis area: A family amusement center, a series of upscale salons and a youth-oriented general store where everything costs $5 or less.
