Area home sales took big hit in May as credit expires
Pending home sales fell 31.5 percent last month, following expiration of the federal home-buyer tax credit.
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Articles
Indoor amusement center could have new owner
Springfield, Mo.-based America’s Incredible Pizza Company is negotiating to purchase Xscape and could have a deal finalized
as soon as Wednesday.
Restoration begins on vacant Washington Street buildings
A local group has begun restoration of two long-vacant buildings along Washington Street just east of Meridian Street.
Proposed development near Lilly campus could include hotel
Indianapolis developer Buckingham Cos. is in discussions to build a mixed-use development that could include apartments, shops,
office space, and a hotel and conference center.
Fort Ben home, condos headed to auction
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
Walgreen gets OK to sell booze at 18 more stores
The Local Alcoholic Beverage Board of Marion County recommended permits for 18 of the 28 stores for which Walgreens is seeking
to sell alcohol. Approval by the Indiana Alcohol Tobacco Commission could happen as soon as June. 15.
Deal adds Verizon Wireless kiosks to all HHGregg stores
Marion-based The Cellular Connection expects to add 500 jobs in 15 states as a result of the agreement with HHGregg.
Bloomington candy store eyeing ambitious expansion
After a great first few months in Bloomington, Campus Candy’s co-owners hope to replicate that success, rolling out a plan
that calls for opening 50 college-town stores
across the country in the next 18 months and a total of 125 within five years.
Dunkin, Baskin-Robbins eye closed Meridian Street cafe
They will take over the former home of Bonjour Cafe & Bakery if the owner wins city approval to add a drive-through.
Indy entrepreneurs draft plans for 3 microbreweries
Three local microbreweries—Triton Brewing Co., Bier Brewery & Taproom and Flat 12 Bierwerks—are planning
to open in the next few months in a rush inspired in part by the runaway success of homegrown Sun King Brewing Co.
INSIDE DISH: Peterson’s rebounds after rough start, recession
Joe Peterson dreamed of opening a high-end restaurant. The start was
rough, but it led to breakthroughs at Joe's day
job as a manufacturing magnate.
Building slated for reuse was state’s first ‘Fresh Air’ school
A not-for-profit group has found a new use for an historic former elementary school on the near east side. The former Lucretia
Mott School No. 3, at 23 N. Rural St., is set to become a mixed-income apartment community.
Indiana contractors scramble for certification to remove lead
New U.S. Environmental Protection Agency rules force precautions on paint chips, dust.
Urban farmer in Indianapolis hopes he’s the first of many
Matthew Jose figures that if enough people follow him into urban farming, vacant and abandoned property will flourish with
productivity, consumer diets will improve, and worn neighborhoods will get new life.
Group plans reuse of historic former elementary school
A former elementary school built in 1905 is getting a new use for the second time since the last schoolchildren departed
in 1979.
Construction supplies firm plans mixed-use HQ downtown
Affordable Building Supplies LLC, which was displaced by the construction of Lucas Oil Stadium, hopes to move its headquarters
closer to downtown in a new mixed-use building on South Meridian Street.
Shoe Carnival profit beats estimates
Evansville-based retailer earned $9.2 million in its fiscal first quarter, on strong sales of athletic and toning footwear.
Dunkin Donuts angling to take over Bonjour building
Dunkin Donuts and Baskin-Robbins could soon take over the former home of Bonjour Cafe & Bakery at Meridian and 24th streets
if the owner wins city approval to add a drive-through.
Zoning board denies plan for club catering to under-21 crowd
The music has stopped for a proposed under-21 club at Madison Avenue and Southport Road after a city board on Tuesday unanimously
denied a controversial rezoning request.
April increase in construction spending largest since 2000
Construction activity surged in April by the largest amount in nearly a decade. The unexpected gains could mean the hardest-hit
sector of the economy is starting to recover.