Exit of anchor complicates Lafayette Square overhaul
The demise of apparel retailer Steve and Barry’s University Sportswear deals another blow to efforts to turn around the ailing
Lafayette Square Mall.
Real Estate
Articles
Kosene & Kosene embroiled in 62 lawsuits
Indianapolis developer Kosene & Kosene is battling buyers over a $500 million condo project near Fort Myers.
Hot Box coming to Carmel
The Hot Box pizza chain has reached a deal with a pair of veteran local restaurateurs to open two new locations in Carmel. The first, scheduled to open in January, will…
Automotive Finance Corp. writes off $162 million, reflecting slow auto sales
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
Self-serve chili could help Charlie & Barney’s grow nationally
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
HHGregg looks to grow as other consumer electronic businesses falter
HH Gregg has grown from a local to a national consumer electronic store chain and has its eye on expanding further, given
Circuit City’s bankruptcy filing.
Green Mountain entrepreneur compiles 17-percent stake in struggling Noble Roman’s
Robert P. Stiller, a lifelong entrepreneur who built Green Mountain into a wholesale coffee giant with 7,000 customers and
$500 million in revenue, owns 3.4 million shares, or 17 percent of the Noble Roman’s company.
Fishers tables $100M development
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
Meridian founder steps aside
Veteran office broker John Robinson, one of the founders of locally based Meridian Real Estate, has left the firm and is working
on a new venture.
After a dozen years, Natural Stone Specialist growing seeks more commercial biz
Twelve years after opening Natural Stone Specialists, Laura Christy is still just as passionate about the Carmel-based business,
which
sells high-end stone, metal and glass tiles.
Architect recognized for ‘green’ efforts
The U.S. Green Building Council recently honored local architect Bill Brown for his contributions to sustainable design and
construction.
More bad news for Indy malls
Bankrupt retailer Steve & Barry’s now plans to close all of its remaining stores, including anchor shops at Lafayette Square and Washington Square malls. Bay Harbour Management and York Capital Management,…
Hip sandwich chain eyes Indy
A Dallas-based sandwich chain plans to open up to 10 locations in central Indiana in the next several years, IBJ’s Chip Cutter reports. Local franchisee Darcie Mueting is scoping out real estate…
IU’s new business incubator
IU is breaking ground today on a $10 million life-sciences and Internet-technology incubator in Bloomington. The new facility will be 40,000 square feet and is scheduled for…
Steak n Shake seeks younger customers
Steak n Shake hopes to create buzz with its new marketing plan targeting youth.
Holiday promotional campaign helps Indianapolis venues boost their attendance
The 12 Free Days of Indy Christmas promotion runs through Dec. 24 and gives patrons of several city destinations the opportunity
to enjoy them without the cost.
Dreyer & Reinbold adds Maserati luxury line
In the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.
Retailers plan new locations
At a time when most retailers are cutting back, a few in the Indianapolis area are growing.
California’s Blue Real Estate establishes local presence
Blue Real Estate, a California firm that made a bundle selling West Coast office buildings at the market’s peak, has been
buying up local buildings and trying to learn the Indianapolis market.
Builders challenge park fee in Zionsville
Zionsville Town Council members have until Nov. 17 to decide whether to appeal a judge’s decision last month that invalidated
the town’s park-impact fee.