These news notes appeared in IBJ’s Real Estate Weekly on Jan. 26, 2021: — Dad’s Kitchen opened Nov. 30 at 6336 Guilford Ave. in Broad Ripple, in a space that formerly housed Greek’s Pizzeria. Dad’s Kitchen serves three meals a day, with a menu that includes breakfast foods like omelets and pancakes as well as tacos, burgers, […]
Sunglass Hut and GameStop have closed their Circle Centre stores. Both retail chains still have numerous other Indianapolis-area stores.
The move is yet another blow to department stores, which have been struggling even more during the pandemic.
Roz Brewer will be the only Black woman leading a Fortune 500 company when she joins Walgreen’s on March 15.
The punter-turned-multimedia-star initially ran into skeptics in the neighborhood, fearful that his plans for a sports field and basketball courts would create a nuisance or attract crime.
Day & Night Cereal Bar, which opens next month at Greenwood Park Mall, is a franchised location for the Los Angeles-based concept, which launched last summer as a mobile food truck.
For all of 2020, sales rose to 5.64 million, the highest level since 2006 at the height of the housing boom. That represented a 5.6% gain from the 5.34 million previously owned homes sold in 2019.
Already, one developer—Steve Braun, a former tech entrepreneur, state lawmaker and commissioner of the state’s Department of Workforce Development—is taking advantage.
Indianapolis-based SC Bodner Co. is planning to build and move its headquarters into a $6 million office development along U.S. 31 in Carmel, according to a proposal filed with the city.
The world’s largest retailer, which had already been providing inoculations to eligible people in New Mexico and Arkansas, will broaden the effort to select stores in more states.
Godiva said the pandemic caused customer traffic to decline at its brick-and-mortar stores, though it will continue to sell its products both online and through third-party retail stores.
Central Indiana homebuilders saw another onslaught of interest from buyers in December, adding to their busiest year since before the Great Recession.
FTI Consulting will work with the Indianapolis-based company as it explores a possible out-of-court restructuring of its debt and lease obligations or a bankruptcy filing, The Wall Street Journal reported.
Carmel-based Sila Capital LLC plans to build three, 3-story buildings at the southeast corner of Oxford Drive and Grove Pass.
The seven vendors, which include restaurants, a space for food entrepreneurs and a barber shop, will occupy 16 Tech’s 40,000-square-foot food and retail hall.
Jones Development Co. plans to spend five years transforming a 121.7-acre agricultural site into the six-building East Indy Exchange.
Founded in 2008, the Alabama-based fast-casual chain has grown to 181 franchised and company-owned locations in 17 states.
Downtown apartment managers are extending rent specials, reducing parking costs and offering other incentives to get tenants in the door—and lock those already there into new leases.
Even amid dramatically reduced foot traffic, the facility’s work to refresh its slate of restaurants and shops is progressing—albeit more slowly than initially expected.
Some retailers have already indicated that they had an unhappy holiday season. Department store chain Nordstrom, lingerie seller Victoria’s Secret and clothing retailer Urban Outfitters all said sales fell during the holidays.
