Marsh Supermarkets names new CEO from ranks of A&P
The parent company of Marsh Supermarkets has picked a new CEO to lead the locally based grocery chain.
Real Estate
Articles
Circle Centre to build entry through empty Nordstrom
Construction could begin soon in the former home of Nordstrom at Circle Centre mall, but the project does not signal an end to the mall’s limbo following the 2011 departure of its marquee anchor.
Carmel project dogged by conflict questions
An executive ousted from the firm developing The Barrington in Carmel alleges that the $142 million retirement-community project was driven by conflicts of interest.
Green BEAN Delivery expands with second farm
The locally based purveyor of organic produce is leasing 50 acres in Ohio to serve its customers in that state, Indiana and Kentucky.
Yats founders prepare to franchise chain across Midwest
Yats founders Joe and Regina Vuskovich decided earlier this year to grow their restaurant through franchising. Broad Ripple resident John Sutton and his sister Brittany Franken jumped at the opportunity.
Local chain takes vacant Clearwater restaurant spot
Zionsville-based Oobatz! will open in building formerly occupied by Uno Chicago Grill.
Area home-sale contracts rise 20 percent
Home-sale agreements in the nine-county Indianapolis area rose 20.6 percent in October, the 18th straight month of year-over-year improvement in sales contracts.
Downtown Crowne Plaza undergoing $8M renovation
Guest rooms will receive new furniture and bathrooms new floor tile and granite countertops. Improvements also will be made to public and meeting spaces, in addition to food and beverage areas.
Restaurant, brewery planned for former Monon Fitness
Two local entrepreneurs are planning a restaurant, brewery, entertainment venue and aquaponic farming operation for a 1.4 acre parcel along the Monon Trail south of Broad Ripple.
Zionsville, school district make $5.7M land deal with Dow
Zionsville Community Schools and the town of Zionsville are teaming up to purchase and develop a prime piece of real estate owned by Dow Chemical Co.
Gift lets land trust preserve 109 acres in Johnson County
A $200,000 gift from the Dr. Laura Hare Charitable Trust will help the Central Indiana Land Trust acquire 109 forested acres in southwest Johnson County.
One Mass Ave project starts; another one is in limbo
Insight Development has begun building an $11.5 million, 61-unit apartment project at Massachusetts Avenue and East and North streets. But the fate of the second phase is up in the air because its financing had been tied to a project Insight and Flaherty & Collins Properties had hoped to develop across Mass Ave at the site of the Indianapolis Fire Department headquarters.
Homegrown Oobatz! taking former home of Uno pizzeria
The Zionsville restaurant Oobatz! is adding a second location in the former home of Uno Chicago Grill along East 82nd Street in front of the Clearwater Crossing shopping center.
Documents raise questions about price of I-69 land purchases
An INDOT spokesman said the state sometimes has to shell out more than the appraised value to encourage land owners to sell.
Another Broken Egg, Drake’s join local restaurant scene
Three others, including Granite City Food & Brewery, are adding to their number of Indianapolis-area locations.
$33 million mixed-use project to remake Fishers
Fishers officials are finalizing a deal with a local developer for a mixed-use project that would launch a long-awaited transformation of the town’s suburban core.
Simon spared no expense with Manhattan residence
The $25 million purchase ranked as the 12th-largest residential sale in New York City last year, according to the real estate website Curbed NY.
Battered Broadbent climbs back from brink
One of the city’s best-known retail developers is alive and kicking again after a harrowing real estate downturn and protracted legal battle with two lenders.
$12M apartment project serving homeless veterans planned for former foundry
City and local not-for-profit officials plan to break ground Thursday (Nov. 8) on the city's first supportive housing facility for homeless veterans.
Area home-building permit filings surge 46 percent
The Builders Association of Greater Indianapolis said October’s jump marked the biggest year-over-year increase this year. Activity was strongest in Hamilton and Hendricks counties.