Railcar shipments making a comeback in Indiana
High diesel prices are turning companies to trains.
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Articles
Fun with renderings: $27M Hyatt Place in Bloomington
Developers plan to break ground next year on a $27 million Hyatt Place hotel just southwest of the Courthouse Square in Bloomington.
Upscale grocer Fresh Market planning Fishers store
Specialty grocery chain The Fresh Market is planning its third store in the Indianapolis area, this time at 116th Street and Cumberland Road in Fishers.
Bloomington approves $27 million downtown hotel project
The Bloomington City Council has approved giving up some city property for construction of a $27 million Hyatt Hotel near the downtown courthouse square.
Roundup: Athleta, WB Pizza, Sabbatical, Blaze BBQ
A fresh roundup includes a new yoga outfitter, a homegrown small-plates restaurant, and a pizza arrival/pizza departure.
City leads Midwest in speculative industrial development
Indianapolis has more speculative industrial space under construction than any other market in the Midwest as developers try to capitalize on about four million square feet of tenant interest in the market.
Items in ’12 Days of Christmas’ increase to $107,000
If you get buy all 364 items repeated throughout “The Twelve Days of Christmas” carol, you’ll pay 6.1 percent more this year, according to the so-called Christmas Price Index that PNC Wealth Management updates annually.
Experts predict 20-percent growth in Cyber Monday shopping
This year’s Cyber Monday could be the biggest online shopping day of the year for the third year in a row. Indianapolis-based retailers The Finish Line and HHGregg are among those offering Cyber Monday specials.
Thanksgiving steals sales from Black Friday
Saturday's report from retail technology company ShopperTrak finds consumers spent $11.2 billion at stores across the U.S. That is down 1.8 percent from last year's total.
Cherub back guarding Indianapolis holiday shoppers
A downtown Indianapolis holiday icon has returned to its perch. A bronze cherub sculpture is back above a clock mounted outside the Circle Centre mall at Washington and Meridian streets.
Design stars land contract for transit hub
Architect Daniel Libeskind is part of an international team chosen to design a proposed IndyGo transit hub.
Lawmaker seeks funding to tackle abandoned housing
State Rep. Ed Clere plans to introduce a bill that would give municipalities explicit powers to create land banks, which can sell surplus property for redevelopment. He also wants to include a revenue source to support land-bank operations and eliminate tax-foreclosure sales as a form of investor speculation.
Demolitions ordered as blast probe continues
Officials in Indianapolis have ordered the demolition of 29 homes in a blast-ravaged neighborhood hit by a deadly house explosion.
South-side shopping center fills up on shoes, furniture
Shoe Carnival, Rooms Express will bring Southport Plaza to full occupancy for the first time in four years.
$22M foreclosure suit targets local apartment complexes
The three complexes are Dogwood Glen Apartments on the city’s northwest side, Elmtree Park Apartments on the far-east side and Heathmoore Apartments on the southeast side.
Airport could land second solar-energy farm
The Indianapolis Airport Authority is in talks that could lead to a second solar farm at Indianapolis International Airport. Discussions are taking place even as the initial solar farm has yet to get off the ground.
Airport Authority continues to fight off-site parking lot
The Indianapolis Airport Authority has taken its fight against an off-airport parking operator to the Indiana Court of Appeals after exhausting its options in Marion County Superior Court.
Indianapolis receives $39M loan guarantee from HUD
The city will use the funding to establish a Community and Economic Loan Pool to provide financing for economic development and housing rehabilitation initiatives to benefit people of low and moderate incomes.
Developer unveils 16-home project just east of downtown
The Re-Development Group Inc. bought a1.6-acre site at New York Street and Highland Avenue last May and will raze three 1960s-era office/warehouse buildings to make way for home construction in 2013.
Southport Plaza replaces Borders, Linens n Things
Two new anchor tenants are taking a total of 58,000 square feet in Southport Plaza at U.S. 31 and Shelby Street on the south side, bringing the shopping center to full occupancy for the first time in more than four years.