Owners of high-end Carmel seafood restaurant plan sister eatery in Fishers
The owners of Monterey Coastal Cuisine in Carmel announced plans Tuesday to open a sister restaurant in the Nickel Plate area of Fishers called Tiburon Coastal Cuisine.
Real Estate
Articles
Treasury says rental assistance helped stop eviction wave
The number of households receiving emergency rental assistance has increased steadily in recent months, with no major increase in evictions despite the expiration of the federal eviction moratorium, the Treasury Department said.
Greenfield retail project by I-70 lands trifecta of Chick-fil-A, Chipotle, Panera
Indianapolis-based developer Midland Atlantic Properties recently acquired a high-profile piece of property in a bustling retail corridor for the project, to be dubbed The Greenfield Market.
Logistics business to open distribution center with cold storage in Whitestown
Indianapolis-based Langham Logistics said the facility will be dedicated to pharmaceutical, vaccine and biologics manufacturing and distribution clients.
Justice Department to expand redlining investigation efforts
The Justice Department announced Friday a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods.
Demand swamps units at new disabled housing projects
Three developments have opened this fall: one just south of Indianapolis International Airport, one on the near-east side, and one in Fishers. A fourth is planned for Whitestown.
Area homebuilders see second straight monthly drop in permit filings
Despite the September decline, single-family building permit filings are still on pace to have their biggest year since 2005.
Carmel seeing flurry of new restaurants
Several new restaurants have either opened or are planning to open in Carmel, including a new Hawaiian-inspired cafe, a triple-concept eatery, a library coffeehouse and a milkshake shop.
State planning $35M archives building on Indianapolis’ near-east side
After a years-long search for a compatible site, the state intends to build the 50,000-square-foot building on state-owned land in a primarily residential area.
Developer teeing up big residential district on north-side golf course property
Buckingham Cos. hopes to construct nearly 450 residences with a mix of single-family homes, townhouses and apartments on the property on East 96th Street.
IMS plans new building for driving experiences, non-race events
BMW’s M Driving Experience Center will include a showroom, classroom areas, a conference room and direct access to the IMS road course.
Redevelopment of Shelbyville’s public square nears completion
With landscaped islands of greenspace, trees, benches, decorative walkways, and the refurbished Joseph Fountain and “Bears of Blue River” statue, downtown Shelbyville already is starting to draw more curious pedestrians—and more customers, retailers say.
Long-tenured downtown Japanese restaurant to close in December
The restaurant at 148 S. Illinois St. is family-, women- and minority-owned, according to an announcement of the closure. Its owners say they plan to return with a new project soon.
Sales of Indianapolis-area existing homes see September decline
Sales in central Indiana fell for the second time in three months last month as prices continued to escalate and inventories remained low.
Two-building spec distribution development set for Greenwood
The 708,000-square-foot Indy South Logistics Center will be constructed at 955 N. Graham Road, just east of Interstate 65 and south of County Line Road.
Developer puts Mass Ave office building across from Bottleworks under contract
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
Experts worry summer’s robust restaurant industry rebound was ‘an artificial sugar rush’
More than half of 4,000 restaurant operators surveyed in September by the National Restaurant Association say that business conditions are worse now than three months ago.
Pizza competitor comes to the rescue after Some Guys’ oven breaks down
“When I heard that they were having trouble with their oven, and it just didn’t appear to be repairable, I just felt kind of compelled to go, ’Hey, we got one,’” said Puccini’s Pizza & Pasta co-owner Don Main.
City officials rethinking BlueIndy sites, but not for parking
The city will release a request for proposals to developers to repurpose 29 of the 89 former charging-station sites before the end of the year, according to the Department of Metropolitan Development.
Shimmering hotel, office center planned along downtown’s Canal Walk
Featuring an exterior of clear and light-colored glass, the building would replace the current headquarters of the American College of Sports Medicine while giving the group a new home.