Sales still are suffering at shopping centers owned by Simon Property Group Inc., but the Indianapolis-based
mall giant managed in the second quarter to keep occupancy steady and eke out an increase in average rent rates.
Marsh Supermarkets late yesterday issued a mea culpa after it stopped honoring a $10 coupon just
days after introducing the online promotion.
Indianapolis shopping mall giant Simon Property Group Inc. today said it lost $20.8 million in
the second quarter in what it called a “difficult retail environment.”
Marsh Supermarkets’ decision to stop honoring a $10 online coupon just days after introducing the promotion has angered
hundreds of followers of the grocer’s Facebook page.
Indy Food Cooperative plans to open the city’s first not-for-profit grocery store in a 70-year-old former appliance store along East 10th…
Marsh Supermarkets’ decision to stop honoring a $10 online coupon just days after introducing
the promotion has angered hundreds of followers of the grocer’s Facebook page.
Indianapolis-based architectural and engineering firm RW Armstrong will provide design and project management services for the Presidential
Helicopter Squadron, a 65,000-square-foot hangar complex being built at a Marine Corps base in Quantico, Va.
The Children’s Museum of Indianapolis wants the city to tear down the old Winona Memorial Hospital so it can build a community park and outdoor learning center. A private firm that specializes in environmentally
impaired properties wants to turn the building into senior apartments.
The economic slump is giving independent local restaurants a shot at prime locations that in good times would be snapped up
by chains.
The fast-growing locally based electronics retailer HHGregg Inc. has seen its stock price rocket more than 80 percent this year as it moves to take advantage of the bankruptcy liquidation of rival Circuit City.
Indianapolis-based Duke Realty Corp. late yesterday posted a 32-percent drop in its second-quarter funds from operations,
a key performance measure for real estate investment trusts.
Later this summer, architects, urban planners, economists and hydrologists from around the city and around the nation will
come to Indianapolis to begin planning for the redevelopment of the area near 22nd Street and the Monon Trail. Known
as the American Institute of Architects Sustainable Design Assessment Team, it will work with neighborhood organizations
and city leaders to develop a renewal plan to turn this blighted area into a thriving neighborhood.
A Superior Court judge has sided with the Metropolitan Development Commission in a dispute over digital billboards. Outdoor advertising giant Lamar had sought a summary…
The owner of a former Community Corrections jail facility at the southwest corner of Delaware and Maryland streets has put the building up for sale,…
Noblesville’s Barley Island Brewing Co. is planning to open a second restaurant and brewhouse in the former home of Scholar’s Inn Bakehouse at the corner of…
Hotel occupancy rates are way down in Indianapolis, as they are elsewhere, but local operators and national analysts think
the city is in a good position to bounce back when the economy improves.
The owner of the popular Broad Ripple Italian restaurant Ambrosia plans to open a location downtown on the first floor of the Hampton Inn along Maryland Street.
Prospective buyers need a little vision to see the potential in the four-story former jail at the southwest corner of Maryland
and Delaware streets.
The owner of the popular Broad Ripple Italian restaurant Ambrosia plans to open a new location downtown on the first floor of the Hampton Inn along Maryland Street. The…
City officials are considering several proposals to modernize and even privatize the city's roughly 4,000 parking
meters to squeeze out more revenue.
