Department of Metropolitan Development staffers have recommended denial of the project because it doesn’t jibe with land-use plans for the area calling for more neighborhood-friendly developments.
The retailer, led by the former CEO of HHGregg, has been struggling with increased competition. It plans to close seven stores in Indiana.
IBJ reporter John Russell explains a U.S. Supreme Court ruling that could open the door to out-of-state liquor stores moving into Indiana—including Total Wine & More, a Maryland-based chain that has applied for a permit to open in a former Marsh store.
The planned closing of the 102-year-old factory in the southwestern corner of downtown likely will throw into play a nearly 18-acre site that real estate experts say would be attractive for myriad uses.
With its debut just months away, the 12-acre, $300 million Bottleworks District on the north end of Massachusetts Avenue has a majority of its Phase I office and entertainment space and nearly all of its food hall leased.
Total Wine & More, the nation’s largest retailer of beer, wine and spirits, has applied to the Indiana Alcohol & Tobacco Commission to open a store in part of a former Marsh Supermarkets in Nora.
S.S. Kresge Co.—then one of the nation’s largest retailers—built a 65,000-square-foot office building at the southwest corner of Pennsylvania and Washington streets in 1924.
David Simon said Simon Property Group’s ability to buy a company for $3.6 billion in cash without having to turn to a third party for financing and without suffering credit rating downgrades is a testament to the underappreciated strengths of the business.
The bridge will be funded by the city of Indianapolis and Lilly Endowment Inc., which two years ago awarded 16 Tech a $38 million grant.
Funding for the program will help smaller businesses pay initial expenditures associated with bidding on contracts—supplies and payroll, for example—without having to put themselves at financial risk through high-interest borrowing.
With a restaurant already in the works at Indianapolis International Airport, Shake Shack also is paving the way for a Fishers location and is in the hunt for spot in downtown Indianapolis.
The suit, filed Tuesday in Marion Superior Court by Evansville-based Old National Bank, claims Paul Kite and his firm owe the bank $15.8 million.
The $475,000 grant will fund a study of reconstruction options for the inner loop except for the north split, the first phase of the project, which has already begun. The Indy Chamber Foundation said the study will “inform implementation efforts” in the year 2030 and beyond.
A man ordered to stay away from all Family Dollar stores in Marion County after his robbery conviction could not convince the Indiana Court of Appeals that his probation order was overly broad.
Ahold Delhaize USA, which owns the Peapod brand, said Tuesday that it is closing its Midwest division as part of a shift in strategy, in part to focus on its East Coast grocery stores.
Owens told IBJ on Tuesday that he left his job as CEO of local tech firm SupplyKick in early January in part to focus on his run for governor. Now that he’s not running for governor, he said he hasn’t decided what his next move is.
The Indianapolis Public Library has reached an agreement in principle to close its Fountain Square branch in May so the not-for-profit literacy organization can move its bookstore to the space this summer.
Two brothers who hail from the Lawrence area have purchased North Lawrence Shopping Center in part to relocate their business, SE Imports & Wholesale. But another grocery is expected as well.
After more than 40 years as the nursery’s founder and owner, Jeff Gatewood decided last fall to retire and put his five-acre business at 11405 Allisonville Road up for sale.
More than two years after first entering the market to great fanfare and huge crowds, Chicago-based Portillo’s is planning a fourth restaurant in the Indianapolis area.
