Sahm’s to open tavern in historic Gibson Building
Homegrown restaurant chain Sahm's plans to open a new tavern and restaurant in downtown's historic Gibson Building.
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Just in: Renderings of $12.5M Georgia Street makeover
Plans are taking shape to transform a three-block stretch of Georgia Street in downtown Indianapolis into a pedestrian-friendly
corridor connecting the expanded Indiana Convention Center to Conseco Fieldhouse.
General Growth hearing delayed as Simon makes new bid
General Growth said the hearing before U.S. Bankruptcy Judge Allan Gropper has been moved from Wednesday to Friday.
City targets Georgia Street for $12.5M makeover
The project will create an event-friendly corridor from the expanded Indiana Convention Center to Conseco Fieldhouse.
Simon Property steps up fight for General Growth
The latest proposal is the Indianapolis-based company’s third attempt to buy or gain a piece of the No. 2 mall owner.
Mass Ave project on verge of approval
The addition of an underground parking garage is likely to get Trail Side off the drawing board and under construction.
General Growth backs new Brookfield plan over Simon offer, source says
General Growth Properties Inc. plans to back a revised bankruptcy exit plan proposed by Brookfield Asset Management Inc. over
a competing offer by Simon Property Group Inc.
Starbucks closing at Conseco Fieldhouse
Starbucks plans to close its coffee shop in Conseco Fieldhouse later this month after it failed to come to terms on a lease
renewal.
Simon Property cooperating With FTC on Prime Outlets inquiry
Some retail tenants of outlet malls are concerned about Simon gaining too much market power should its acquisition of Prime
Outlets be approved.
Simon Property earnings fall on debt-retirement expenditures
Funds from operations fell to $325.6 million, or 94 cents a share, from $476.8 million, or $1.61 a year earlier, the Indianapolis-based
shopping mall giant said Friday morning.
INSIDE DISH: Papa Roux pops after stumbling at the start
Art Bouvier fled his corporate IT gig to open a small Cajun place without
a business plan or prior restaurant experience. After a number of blunders, Papa Roux looks like it will pan out.
All Things Automotive aims for national reach, 20 stores by year-end
GM’s axing of its Saturn brand may fuel the nationwide emergence of an Indianapolis-based used-car franchisor. The first All
Things Automotive franchise will open this month in Fishers, at the former Saturn store owned by Lockhart Automotive Group.
Area reaches end of an era for church construction
The $16.5 million worship auditorium that Northview Church in Carmel opened last month may be the last major church-related
project completed in central Indiana for years. Although many projects were finished before the recession, churches, which
usually pay for much of construction in cash, struggled to collect pledges.
Work begins on Penn Arts apartment, retail project
Renovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two
equity partners for the project because banks were unwilling to lend.
Duke Realty reports leasing at 5-year high
Duke Realty Corp. handled more leasing activity last quarter than it has in any first quarter in five years, the locally based
real estate
investment trust said on Wednesday.
Connector bridges gap between convention center and stadium
Designers of a walkway that connects the buildings are making the experience as attractive as possible in order to overcome
the psychological barrier of moving from one building to another.
Kroger fined over worker’s death at Franklin store
State regulators have issued a $17,000 fine against Kroger Co. over a warehouse accident that led to a worker’s death.
Blackstone may join General Growth plan, Simon says
Simon Property Group and Blackstone Group LP are in “ongoing discussions” for an investment in General Growth after the mall
operator turned down a $10 billion takeover bid from Simon in February, CEO David Simon said.
Central Indiana home sales up slightly in first quarter
Homes sold in the first three months of the year totaled 4,634, a 1-percent increase from the 4,593 in the
same period last year. However, total sales volume jumped 12 percent, to $637 million.