Real estate tech startup Shaker lands $2M in seed funding
Shaker, which offers a platform for real estate agents and clients to communicate with each other, was launched last year by Indianapolis venture studio High Alpha.
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Doughnut destination on North Keystone Avenue ends 59-year run
A bakery and restaurant that traces its roots in Indianapolis to 1962 has closed permanently following the death of the owner.
IBJ Podcast: ‘Old-school’ agent Matt McLaughlin hits $1 billion in career home sales for Tucker
Host Mason King sat down with McLaughlin to learn how he closed so many sales, what makes his approach different and what he thinks about central Indiana’s red-hot real estate market.
Indianapolis Opera takes shows on the road after buying its headquarters
Crews are spiffing up the grounds at the Basile Opera Center, the latest move in a rebirth of sorts for the opera company, which in August purchased the former church at 4011 N. Pennsylvania St. it’s been leasing for 10 years.
Two Noblesville businesses plan to spend $11M on new HQ buildings
The city has a preliminary agreement in place with WoodTurningz Inc. and Texon Towel and Supply Co. to abate most of their property taxes over the next eight years if the companies meet hiring goals.
Apartment building on North Meridan sells for $11.4M
The 195-unit Meridian Towers Apartments on the near-north side of Indianapolis has been sold to an out-of-state development partnership that plans to renovate the property.
Meatball specialty restaurant closes its Carmel location
The restaurant specializing in meatballs blamed the pandemic for “significantly decreased sales” at the location at 12505 Old Meridian St. that have not returned to pre-COVID levels.
10 tips to sell your house during cold weather
The market has tilted severely toward sellers. But if you want to get the best price and the quickest deal, there are still a lot of things you need to do to make an off-season listing stand out.
Tranquil mill house in Shelby County will become retreat for military couples
The house is on the site of a former river mill established in 1846. The lumber mill was converted into a 5,000-square-foot house in 1950, with four bedrooms, 3-1/2 baths and stunning views of the Flat Rock River.
Indy Parks committee advances plans to buy 50 acres
The Indianapolis City-County Council’s Parks and Recreation Committee on Thursday unanimously advanced a plan to acquire four plots of land adjacent to existing parks.
Indianapolis closes on property key to Twin Aire redevelopment
A strip mall central to Indianapolis’ vision for the neighborhood that is home to the new Community Justice Campus is now in city hands, after years of negotiations.
Carmel offers new details on $47M ‘1st on Main’ development
Plans call for the 1st On Main development—previously known as Lot One—to include a four-story office building with first-floor restaurant space and a private rooftop terrace, luxury condominiums, upscale apartment units and a parking garage.
Former firehouse being transformed into craft beer destination
Chalet, a daytime cafe and an evening bar, is expected to be the seventh business launched in five years by Small Victories Hospitality.
$21M townhouse project planned adjacent to Monon Trail
Local developer Onyx+East is seeking city approval for the project at 2060 Yandes St., which is expected to feature nearly 50 townhouses and four single-family units.
OneAmerica Tower reopening downtown restaurant, coffee shop on ground floor
The 18,267-square-foot restaurant, which is open to both OneAmerica Tower tenants and the outside public, has been vacant since Sahm’s Restaurant Group closed its cafeteria there last fall.
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.
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.