Indiana fair panel awards coliseum work contracts
The Indiana State Fair Commission has awarded the first four contracts for a planned renovation of the fairgrounds' coliseum that will keep the building on the sidelines during next year's fair.
Real Estate
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Developers prefer low-rise apartments in downtown Indianapolis
Building codes add more expense to high-rise projects.
ROBERTS: Indianapolis pushing boundaries with improved design
The Cultural Trail points to the possibilities Indianapolis can offer future generations.
‘Michigan left’ promises learning curve, less congestion
Drivers wanting to turn left at an intersection under reconstruction in Fishers will first have to turn right.
Capitol City Ford owner acquires assets of Burd Ford
Bob Thomas Dealerships said it plans to operate multiple auto-related businesses at the Burd facility at 10320 Pendleton Pike, including a used-car dealership called Sharp Cars.
Massive unused Tipton plant goes back on the market
The never-occupied 781,500-square-foot facility is on the market for $39.5 million, a steep discount from the original cost of roughly $100 million. The plant was built to manufacture auto transmissions. A plan to make solar panels at the site also collapsed.
HHGregg shares plummet on new earnings forecast
HHGregg Inc. shares plunged Wednesday after the Indianapolis-based appliance and electronics retailer said it expects to report a wider first-quarter loss because of weak sales in its video business. It also cut its full-year outlook.
Marsh closing three grocery stores in central Indiana
Marsh Supermarkets Inc. confirmed Tuesday afternoon that it is closing stores in Greenwood, Anderson and Martinsville. Many employees will get a severance package or an option to transfer to another location.
CIB mulling sale of historic downtown building
The Capital Improvement Board has owned the Ober building, at 107 S. Pennsylvania St. near Bankers Life Fieldhouse, since 1999. Members on Monday voted to begin soliciting bids.
Rocket Fizz plans soda shop for Monument Circle space
A quirky California chain that boasts "one of the largest and craziest selections of glass bottled soda pops and retro candies for sale in America" plans to open its first Indiana store next to Potbelly on Monument Circle.
City launches extensive rezoning initiative
The nearly $2 million effort, named Indy Rezone, is being steered by city planners, private developers, elected officials, architects, community activists and others.
IDI taps not-for-profit veteran to succeed Zahn
Sherry Seiwert, executive director of the Indiana Housing and Community Development Authority, replaces longtime leader Tamara Zahn, who announced in February that she would leave once a successor was found.
Cousin wins minor damages in Mike’s Carwash lawsuit
A Hamilton County judge has ruled that a former co-owner of Mike’s Carwash Inc. receive just $140,000 in damages in a civil case that sought close to $30 million.
Hofmeister files bankruptcy reorganization plan
Hofmeister Personal Jewelers Inc. plans to pay off its creditors over seven years as part of the well-known Indianapolis retailer’s bankruptcy restructuring.
Board’s ruling puts Fall Creek home sites back on market
Buyers have quickly snapped up two home sites and the city might sell seven more on a stretch of Broadway Street where The Oaks Academy had hoped to build a soccer field.
Building relationships pays off for contractor Gray
Steve Gray Renovations grew during the remodeling industry’s worst downturn in more than two decades.
National retailers report tepid sales for June
Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in disappointing sales for many retailers.
Irving Materials acquires northern Indiana competitor
Greenfield-based Irving Materials Inc.’s purchase of Rock Industries in Peru brings its total number of mining operations in Indiana to 18. Rock Industries operates quarries in Peru and Plymouth.
Camp Atterbury plans $75M in expansion projects
Workers will add three barracks, a dining hall and an expanded rail spur to accommodate bigger shipments to the post.
TOLLIVER: Evolving market dynamics impact medical real estate
As medical innovation continues to flourish in our city … you can expect to see a direct impact on the where and how you and your loved ones receive comprehensive medical services.