Books & Brews chain losing Carmel location, down to 5 stores
The Carmel store opened in City Center in 2017 as the first franchise for Indianapolis-based Books & Brews.
Real Estate
Articles
Rad Brewing Co. going out of business
Rad Brewing Co.—which was known as Flat12 Bierwerks before being acquired two years ago—plans to close for good in late November, according to owner Jason Wuerfel.
Group tackling housing affordability on near-north side with $15.5M apartment project
The development at 22nd Street would keep rents low for tenants while providing nearly free space for initiatives focusing on career building, mental health and substance abuse.
Fishers District retail area, apartments sold to Chicago firm in ‘landmark’ deal
Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”
Hyde Park marks pivot in Noblesville approach
Noblesville-based Bedrock Builders Inc. is embarking on a $142 million, 274-acre, master-planned, multi-use development smack in the middle of the city’s Corporate Campus.
Q&A with Travis Zinger, owner of Big Mouth Biscuits
He launched Big Mouth Biscuits at Indy’s Kitchen, a culinary incubator at 2442 Central Ave., on April Fool’s Day. Now he and business partner Clint Rollins are preparing to open their first stand-alone location at City Market by Thanksgiving while also continuing to operate at Indy’s Kitchen.
Greenlight Guru celebrates new, larger downtown offices
Fast-growing software company Greenlight Guru recently moved into new, bigger office space at the Union Campus on South Meridian Street. The company says it is committed to maintaining physical offices, even as its remote workforce grows.
Sales of Indianapolis-area existing homes bounce back in August
On a year-to-date basis, closed sales in central Indiana are up 6.6%, to 25,349, compared with 23,776 in the first eight months of 2020.
Henke Development plans expansive clubhouse for Zionsville’s Holliday Farms community
Westfield-based Henke Development Group had its development plan for a nearly 79,000-square-foot clubhouse featuring a slew of golf- and non-golf-related amenities approved this week by the Zionsville Plan Commission.
COhatch set to open four more area coworking sites in early 2022
The company, which entered the market in 2020 by opening coworking centers in Broad Ripple and Noblesville, announced formal plans Wednesday to open additional Indianapolis-area centers—in Martindale-Brightwood, Carmel, downtown Indianapolis and Zionsville.
Noblesville planning 200-acre innovation district on city’s southeast side
Innovation Mile, as it would be called, aims to bring medical technology, life science innovation, wholesale trade, professional and technical services companies to Noblesville by offering shovel-ready sites and shared amenities.
Carmel council tables GOAT’s petition to reopen for additional city staff review
The owners of The Greatest of All Taverns, known as The GOAT, are trying to rezone their property in Carmel’s Midtown to allow the bar and restaurant to reopen. Now, city staff members are trying to determine a potential suitable zoning designation.
Developers planning $50M-plus, 279-unit apartment complex for 16 Tech
Expected to be a key component of 16 Tech’s live-work vision, the apartment project will include a mix of studios and one- and two-bedroom units.
City explores future of its downtown buildings
Officials are taking a fresh, hard look at municipal-owned real estate as part of a larger effort to repurpose several sites that will be largely vacated as agencies move to the Community Justice Campus.
RE/MAX claims franchisee steered brokers to competitor
Denver-based RE/MAX LLC and RE/MAX Integrated Regions LLC filed a complaint in federal court last month against James “Jimmy” Dulin and The Hamilton Group Inc., which does business as RE/MAX Ability Plus.
More than 300 single-family, townhouse and duplex homes proposed in Noblesville
Indianapolis-based Onyx+East, Arbor Homes and St. John-based Olthof Homes presented plans to the Noblesville City Council on Tuesday for a slew of new residential projects featuring 129 single-family, 123 townhouses and 62 two-family homes.
Prodigy Burger Bar, breakfast concept to take former Scotty’s space on 96th Street
The restaurants are set to open in early 2022, following a $1 million renovation of the property by restaurant group O’Reilly Holdings LLC, which owns both concepts.
City board awards $38 million contract for justice campus parking garages
A team of three contractors will build a 1,000-space garage slated to serve an office building in development by Browning Investments, as well as a 300-space garage to serve court staff.
Indiana Supreme Court establishes Eviction Task Force
A nine-member task force created by the Indiana Supreme Court will help landlords and tenants resolve their disputes and access federal rental assistance resources.
Meridian Hills apartment complex sells for $26.5M after 55 years with same family
The new owner plans to make a significant investment in improvements that likely will drive up rents that have languished of late.