ROUNDUP: JP Parker Flowers vacates Indy store, adds retail truck
The interruption in downtown convention business caused the closure. Also this week: Studio C, Tandoor & Tikka, Peppy Grill, The Fudge Kettle, 21st Amendment Wine & Spirits.
Real Estate
Articles
Two of area’s top residential real estate agencies join forces
In a deal that brings together two of central Indiana’s top real estate agents, powerhouse residential brokerage Berkshire Hathaway HomeServices Indiana Realty has acquired ERA Real Estate Links.
Massive business park on 550 acres lands Love’s as first tenant
As envisioned by developer Ambrose Property Group, Westpoint Business Park eventually will include as many as nine logistics buildings totaling more than 6 million square feet of space.
Apartments on downtown’s east side to help tenants with developmental disabilities
The $11 million five-story project, called The Passage, would include support services and amenities to help tenants with disabilities get jobs and learn to live independently.
High Alpha first tenant to begin moving into Bottleworks District space
High Alpha began moving out of its Circle Tower headquarters, 55 Monument Circle, last week after more than five years in the historic downtown building.
Bar owners worry as virus surges in their workplaces
Bar and restaurant owners across the nation have been deeply hurt financially by anti-virus measures and also are struggling with tough decisions, with some shutting down again after workers became infected or closing as a precaution because of rising cases in their areas.
Microsoft store at Fashion Mall closing as part of broad strategy shift
Microsoft is dramatically shrinking its in-person retail business and will permanently close all but four of its brick-and-mortar locations, after its attempts to replicate Apple’s success with storefronts failed to get traction.
Pandemic shutdown helps local garden centers blossom
Stay-at-home orders led central Indiana homeowners to spend money on their outdoor living spaces, even after a slow start to spring.
Garden tour: Hundreds of hostas anchor eclectic Irvington garden
The garden is filled with surprises: a collection of tiny geodes, a small landing of old bricks uncovered while digging in the yard, and pieces of wood, stone and concrete that were once part of machinery.
Developers push into Westfield along Carmel’s northern border
Over the past decade, developers have proposed nearly a dozen new subdivisions within a couple of miles of the 146th Street and Towne Road intersection.
Housing instability could upend state’s economy
Housing advocates are warning of a tidal wave of evictions in the state this summer unless an effort is coordinated to head it off.
Two more charming Irvington gardens
Kendra Patrick and Melany Bellucci are good friends and members of the Irvington Garden Club, who spend summers swapping plants, advice and neighborhood stories. See photo galleries of both gardens.
Arbor Homes to purchase 135 acres in Westfield, develop 325 houses
Henke Development Group plans to sell Arbor Homes a part of its over 800-acre Chatham Hills development in Westfield so that it may be developed as a separate neighborhood called Monon Corner.
Coworking chain taking over former restaurant space in Circle Centre
The lease will be COhatch’s second with Circle Centre landlord Simon Property Group. The firm previously announced plans to open a coworking space at Simon’s Hamilton Town Center in Noblesville.
Macy’s cutting 3,900 corporate jobs as layoffs hit headquarters
The job cuts are in addition to the staff reductions already taking place inside stores, along the Macy’s supply chain and in customer support roles.
Residential Real Estate: Marketplace Stats for June 26, 2020
As expected due to the pandemic, the number of houses sold from March through May dropped by 10% compared with last year and the number of houses on the market dropped by 31%.
GNC to close at least one Indianapolis store, possibly as many as six
Vitamin and nutrition chain GNC Holdings on Wednesday identified four Indiana stores that will permanently close and seven others that could close as part of its bankruptcy reorganization.
GNC files bankruptcy, plans to close up to 1,200 stores
The health and wellness company’s Chapter 11 petition filed in U.S. Bankruptcy Court allows the retailer to keep operating while it pursues a dual-track process to restructure its balance sheet in a standalone plan or complete a sale
Noblesville game shop set to open store on Mass Ave in July
It will be the second location for Moonshot Games, which opened its Noblesville location in 2018. The company says business is booming despite the COVID-19 pandemic.
Carmel-based Round Room moving headquarters to former Roche building in Fishers
Round Room, a holding company for wireless retailers, plans to relocate from Carmel to Fishers by early next year. The move to the 190,000-square-foot building will give the company room to grow.