Articles

Finish Line’s buy praised, panned

Athletic retailer The Finish Line Inc. had cultivated a reputation for conservative play calling, keeping clean books with
minimal debt. Then on June 18, the Indianapolis-based retailer called a surprise audible. The $1.3 billion company agreed
to acquire Nashville, Tenn.-based Genesco Inc. for $1.5 billion.

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‘Find your niche ‘:

His goal was to provide the proverbial one-stop shop, a place where “honey do” lists got done. Before long, he realized he may not have been aiming high enough. It seemed homeowners with not-so-handy honeys weren’t the only customers interested in what Schneller was selling. He also got calls from real estate agents who needed some last-minute home repairs completed before a sale could close. “They came to us with a laundry list of items,” Schneller said, ticking off an…

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Bigger not best for all: drophead Many attorneys find greener pastures in smaller practices after leaving major firms

not Bigger leaving best for red all tape drophead Many attorneys find greener pastures in smaller practices after leaving major firms When lawyers Debra Miller and James Fisher fled legal powerhouse Ice Miller LLP and the prestigious partner status they had earned, their stable of coworkers swiftly sank from nearly 250 to none. Yet 15 months later, after the pair left the largest law firm in the city, they say they’re quite content practicing together at Miller & Fisher LLC,…

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Chrysler plant redevelopment might be slowed by lien

An Indianapolis firm that helped haul away the demolished DaimlerChrysler Corp. foundry last year has placed a mechanic’s
lien on the automaker’s property, potentially complicating the sale of the 34 acres already challenged by environmental issues.

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Bank leaving flagship corner

Flagstar Bank will likely vacate one of downtown’s highest visibility corners, at Meridian and Washington streets, later this year. Midland Atlantic is marketing the 3,500-square-foot space in 2 N. Meridian St. as an…

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Jefferson Plaza revamp underway

Downtown’s Jefferson Plaza is getting a facelift and a new name. Developer J. Greg Allen says he’s talking with three potential restaurants interested in opening on the first floor with outdoor dining…

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A new vision for Speedway

The Speedway Redevelopment Commission has unveiled its vision for the redevelopment of 400 acres bordered by Main Street, Olin Avenue, and 10th and 16th streets. They’re calling it The Speed Zone and want…

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4 beds, 2 baths and a billboard

If you’ve driven north on Delaware Street toward 16th, you’ve seen this billboard. But did you notice the Herron-Morton home behind it? The house is for sale, and it’s one of the most interesting listing I’ve seen in a while….

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A ‘bounce house’ to rule them all

This has to be the coolest use of warehouse space yet. A Fishers company called BounceZone has leased 12,000 square feet northwest of 146th Street and Cumberland Road in Noblesville with plans…

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Bonefish Grill in Avon closes

Is Indy losing its status as a chain-restaurant darling? Another popular restaurant has closed, this time the Bonefish Grill in Avon. Other area Bonefish Grill restaurants remain open. The concept is owned by…

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Town Center eyed for Bloomington

One of the companies promoting Hamilton County’s Saxony is also leasing a new town center project in Bloomington. The 575-acre development would sit northwest of the intersection of State Road 37 and…

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Symbol of YWCA’s past may soon get new owner: Women’s organization carries on without building; new mission focused on scholarships, mentoring

The former home of the YWCA is about to change hands, but even without its own building, the organization once known for housing women plans to grow its scholarship programs and support other not-for-profits that advocate for women’s issues. The 4460 Guion Road facility is under contract to be sold “and we expect to close on it shortly,” said Greg Lynn, vice president of real estate for the Central Indiana Community Foundation. Lynn said he could not elaborate on the…

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Prominent developer looking at Indy

The founder of the country’s largest black-owned real estate firm, R. Donahue Peebles, spoke at the Madam C.J. Walker Theater earlier this week. His company, Peebles Corp., has $4 billion in projects currently…

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Tower House on Meridian

Here’s a rendering for the $50-million project I wrote about yesterday. The Tower House on Meridian proposal incorporates the existing Grain Dealers Mutual Insurance building along Meridian Street and would add a 14-story…

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Beat goes on at Verizon

Will the owners of Verizon Wireless Music Center find a buyer? So far, the answer is no. Several brokers say the unofficial asking price of more than $40 million is…

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City to review $50M project

A redevelopment proposal for the north end of downtown is up for zoning approval at 1 p.m. Thursday. If developers can secure financing and city approval, the $50-million project would incorporate the…

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Around town retail roundup

Several new stores and restaurants have filed plans to open locations all over the city. Wherever you live, chances are there’s something coming nearby. North: The area’s first location for salad-focused Tossed…

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Red Robin, Red Robin …

Colorado-based burger chain Red Robin is entering the Indianapolis market in a big way starting later this month. The chain plans to open its first location in Plainfield on June 18. It…

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Tossed plans to open its first Indiana location in Fishers next week. The Florida-based salad concept is aiming for four more stores in addition to its restaurant at 8510 E. 96th St.

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Overhaul underway on IPS building

The administrative building for Indianapolis Public Schools is getting a $3.2 million overhaul to shore up two levels of parking. Workers have removed the facade from most of the second and third floorsJohn  Morton-Finney  Center

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