Vera Bradley shares off to impressive start
Stock in the Fort Wayne-based company began trading Thursday morning at $16 but climbed as high as $23.90.
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INSIDE DISH: Entrepreneur eschews MBA, opens French cafe
Emilie Myers is getting all the practical experience she can handle as she and her mother (owner of Zionsville’s late The Pie Safe) try to push La Mie Emilie into the black.
Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Farmland sales go flat in suburban Indianapolis
The real estate bust and a drought in transactions make values all but impossible to gauge.
Vera Bradley set to go public
The Fort Wayne-based company is scheduled to begin trading as a public company Wednesday morning. The estimated offering price is $14 to $16 each, although a Morningstar analyst predicts the IPO could bring as much as $18 a share.
Blacklight mini-golf course opens in Circle Centre
A unique mini-golf concept called GlowGolf has opened on the troubled fourth floor of Circle Centre mall.
Consulate buys East Street space, leaving Union Station
The Mexican Consulate has been a tenant at the city-owned Union Station since it opened an office here in November 2002. The new site will more than quadruple its space.
Builder’s lakeside home defies rustic expectations
Sparse interiors, vast windows and thoughtfully placed artwork define the look and feel of the Sundstrom home. Their minimalist approach gives top billing to the view and natural surroundings that originally persuaded the couple to relocate.
Clarian’s new buildings: Thumbs up or down?
Let's have a discussion about the architecture of the proposed new buildings for Clarian’s 16th Street campus.
Local senior living manager makes $60.5M acquisition
Indianapolis-based Keystone Senior Living LLC has acquired a portfolio of 28 communities in Minnesota and Wisconsin, more than doubling the units it has under management.
AmericInn buys Fishers hotel, enters local market
Minneapolis-based hotel chain AmericInn has purchased a Holiday Inn along Interstate 69 in Fishers, giving the company its first Indiana location.
Retailers opening new stores around Indy before holidays
OshKosh B’gosh will open its first Indianapolis store next to The Fashion Mall at Keystone.
Audio recording history on display in dealer’s HQ
Van Ausdall & Farrar got its start when innovator Thomas Edison selected it as an Ediphone distributor. Since then, the company has been proud of its association with the American icon, and now Van Ausdall has its own in-house Voice Museum to pay homage to its history.
Suburban hotels take a beating as downtown recovers
As revenue per room falls, some hotels outside the center city are going on the auction block.
Worker suit blasts Dick’s for ‘chronic understaffing’
The case alleges the sporting goods firm broke Indiana law by requiring employees to work when they were on break and at other times they weren’t on the clock.
Santorini owner vows to rebuild after fire
An early-Tuesday blaze destroyed the Fountain Square restaurant that Taki Sawi opened in 2001. Fire officials estimate damage between $800,000 and $900,000.
Industry vet sees sectors on upswing, auctions booming
Jeff Henry, managing principal of Cassidy Turley, believes the commercial real estate market has seen the worst but isn't far off the bottom yet. Meanwhile, banks are beginning to jettison properties in a wave of auctions.
Developer of Binford Medical Complex files for Chapter 11
The developer of an unfinished medical office complex on Binford Boulevard has filed for Chapter 11 bankruptcy protection in hopes it can retain control of the property and resume construction later this year.
Broadbent subsidiary seeks bankruptcy reorganization
The owner of the building that houses the Music Mill concert venue listed assets of $1.4 million and liabilities of $1.3 million.
White House doubts need to halt all foreclosures
A top Obama adviser questioned the need Sunday for a blanket stoppage of all home foreclosures, despite evidence that banks have used inaccurate documents to evict homeowners.