Pita Pit coming downtown
The downtown lunch crowd will have one more option in the spring: Pita Pit. The Lebanese-style pitas chain already has a restaurant on West 86th Street across…
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Articles
RIP J. Gumbo’s. Who’s next?
In a move that probably won’t surprise anyone who tried the food, J. Gumbo’s is closing after a six-month run on the first floor of the Hampton…
‘Smoke free’ needs to be the law in all Hoosier public places
If Indianapolis is going to be a first-class city, it needs to have a comprehensive smoke-free workplace law.
Kite drops about 10 percent of its staff as retail market flounders
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
Franchises can be safer business investments in tough times
What is the current state of franchising, given the tough economic environment?
Indian truck maker Mahindra making inroads at local dealers
Indianapolis Ford dealers John Pearson and Ray Skillman will be among the 300 domestic dealers
of Mahindra trucks and SUVs when the company makes its U.S. passenger car debut as early as next summer.
Local stores promote service and uniqueness, not discounts, during holidays
Indianapolis merchants are banking on customer loyalty to achieve sales they hope will surpass the gloomy expectations forecast
for the holiday shopping season.
Blue fins in the sky
One Indiana Square is getting its new fin features, designed in part to give the building a more vertical
and less boxy profile. They also are adding a splash of color. What do you think? (IBJ Photos/Robin Jerstad)
Apartment renovation in Irvington
Apartment developer Christopher Piazza has closed on financing for a $1.2-million renovation of a 1914 apartment building in Irvington. The 31-unit…
Tower would offer balloon rides
Wow, you leave on vacation for a week, and miss this: Two Indianapolis businessmen are hoping to build a balloon-ride attraction within a 20-story, tubular steel tower….
In a recession-ridden holiday, shop and give locally
When it comes to holiday shopping and charitable giving, act locally.
Chicago’s Jones Lang LaSalle attracts talented local brokers to establish Indy branch
Some of the city’s most prominent commercial real estate brokers have resigned from locally owned Meridian Real Estate to
launch an Indianapolis affiliate of Chicago-based Jones Lang LaSalle.
Lease-to-own options becoming more popular
With credit tight and the economy shaky, homeowners around the region are increasingly choosing to sell their properties on
a lease-to-own basis.
Bold bets on Hoosier firms yield horrific results so far
The millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
Worst auto market in 30 years might force consolidation
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana’s 520 dealers.
Predictions for 2009?
It has been a rough year for most in the real estate business. Home sales dropped precipitously, financing dried up and major projects hit the brakes. Will the carnage continue in 2009? Share your predictions. Blog host Cory Schouten is…
Airport’s ‘Indy 500 Grill’ food mediocre, but Georgio’s Pizza is delicious
This month, we’re breaking our traditional restaurant reviewing format and offering a four-part look at the eateries at Indianapolis
International Airport.
Despite sour economy, retail developers press on
Retail developers always have been an audacious breed. They spend millions to build shopping centers, confident that tenants will flock to fill the slots they didn’t prelease. To charge ahead these days takes more than the usual dose of intestinal fortitude. Everyone is nervous — from shoppers to lenders to retailers, many of which have […]
Y&L ad firm making ‘significant’ staff cuts
Young & Laramore is making what it says are “significant” staff cuts in the wake of losing the Steak n Shake account.
Duke Realty star starts new company
Aasif Bade started Ambrose Property Group with three employees this month.