BrewDog bar in Fountain Square is permanently closed
The bar opened on the first floor of the Forte apartment building, 1140 Shelby St., in September 2019.
Real Estate
Articles
Indiana’s farmland prices hit historic high
In June 2021, the market value of top-quality farmland increased to $9,785 per acre, up 13% from a year earlier, according to the Purdue University Farmland Value and Cash Rents Survey.
Citizens Energy sues apartment complexes for $1.3M in unpaid bills
The lawsuit also alleges that the owners of the complexes defrauded both Citizens Energy Group and residents by collecting payments that the owners said would go to utilities—but didn’t.
Developer planning 70-acre real estate project in Tipton County
The project would include at least one hotel, light industrial space, a travel plaza, a bank, a MedCheck, a recreational vehicle stopover, restaurants and a dog park.
Once a retail giant, Kmart down to just three stores
Kmart’s demise is attributed to the rise of Walmart and Target and online behemoth Amazon. But retail expert Mark Cohen says the company also was dogged by poor management decisions and could have stayed viable.
Q&A with Gwendolyn Rogers, who is grasping her Disney dream
Rogers is placing one of her Cake Bake Shop restaurants at Disney’s BoardWalk at Walt Disney World Resort near Orlando. The Disney site is expected to open next year.
Cafe Patachou, Amelia’s Bread among four tenants lined up for revamped Stutz
SomeraRoad Inc., which acquired the Stutz Motor Car Co. factory complex last year for $25.8 million, confirmed Friday the four businesses will open on the ground floor of two Stutz buildings closest to the intersection of North Capitol Avenue and 10th Street.
Two Carmel companies planning HQ in new Arts & Design District building
Studio M Architecture & Planning and engineering firm KBSO Consulting LLC will co-own the $9 million building called The Collective at Midtown.
Area’s second-largest apartment property sells for record $171M
The 1,261-unit complex on nearly 90 acres at Shadeland Avenue and 75th Street was purchased March 31 by Cleveland firm Pepper Pike Capital Partners.
Broad Ripple booms with new developments that are attracting residents
A six-story, $65 million, multifamily planned redevelopment of the former Kroger store in the heart of Broad Ripple is the latest in a series of substantial projects.
Business owners see short-term pain, long-term gains in year of construction
Work to improve stormwater drainage, plus bridge repair and additions of a trail and elevated crosswalks, will disrupt Broad Ripple through next spring.
Designs unveiled for Hotel Nickel Plate in Fishers
The five-story, 116-unit Hotel Nickel Plate, part of Hilton’s high-end Tapestry Collection brand, will be built in Fishers’ Nickel Plate District.
State seeks land in Boone County for potentially mammoth tech park
Local officials say the goal is to amass thousands of acres along I-65 between Purdue University and Indianapolis to attract manufacturers of semiconductors, microprocessors and other high-tech components.
DeHaan estate could see new uses with zoning change
A zoning change would open the door for a number of new uses on the 152-acre property along the White River.
‘MasterChef’ champion opens hometown restaurant at Fishers Test Kitchen
Inspo, a concept by Fishers resident Kelsey Murphy, joins One Trick Pony and Gordito’s at Fishers Test Kitchen.
Luxury apartments to open soon in former AT&T building
A local developer’s $80 million conversion of a 20-story office building into luxury apartments is the largest project of its kind downtown.
Boone County officials have few answers about possible large business development
The Indiana Economic Development Corp. recently approached Boone County officials about the possible development of land northwest of Lebanon for a big business project, but officials aren’t sharing much information.
Familiar name, self-pour beer concept planned at former Moe & Johnny’s site
The Bulldog Bar & Lounge, which is expected to open in May, will feature 48 self-serve taps in addition to traditional bar service and a restaurant named BD Social.
Home values soared during the pandemic, except for these Black families
Just one lower appraisal could affect the cumulative wealth of an entire community, according to a new Biden administration report on the causes, extent and consequences of property misvaluation.
U.S. plan aims to end racial, ethnic bias in home appraisals
The plan contains 21 steps to improve oversight and accountability, including a legislative proposal to modernize the governance structure of the appraisal industry.