Scandinavian Designs furniture chain set to enter market
The California-based company has 38 stores in 10 states. Its planned Indianapolis location, at a former Toys “R” Us store near Castleton Square Mall, will be its first in the state.
Renovation/Remodeling
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Virus forces CIB to scale back first phase of $360M fieldhouse renovation project
The Capital Improvement Board is significantly scaling back the first phase of a $360 million Bankers Life Fieldhouse renovation as uncertainty about working conditions and the NBA season have thrown a wrench into the construction schedule.
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Pacers to reduce emphasis on suites in renovation
The change comes as the Pacers look to create court-facing gathering areas like those found at other new or renovated venues.
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Developer Litz & Eaton split leaves messy trail
Five years after the prominent developer upped its business ambitions—going from a home-renovation firm to high-end, multi-home projects—the firm is unraveling.
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Articles
ISU’s Dreiser Hall to get $18M renovation
The project will improve the 70-year-old building’s HVAC and plumbing systems, its fire suppression system and electrical needs and also bring it into compliance with the Americans with Disabilities Act.
Clif Bar completes $10M bakery renovation, expansion project in Indianapolis
The energy bar giant said it added 24,000 square feet to the 185,000-square-foot building at 7575 Georgetown Road on the city’s northwest side. About 430 people work at the bakery.
South-side revival: Inside the restoration of the 119-year-old Turnverein
Turning a former German social club and gym into the offices of a medical claims management organization and international travel insurance company was no small order—especially because the building had to remain more-or-less true to its original form to qualify for the federal Historic Tax Credit program.
Indiana Pacers have grand plans for 1.5-acre plaza
Plans call for the outdoor plaza to host concerts and other public events, along with a public ice-skating rink in the winter and a public basketball court in the summer.
Grocery newcomer says market ripe for growth
Needler’s Fresh Market, which entered the Indianapolis market in 2017, says it’s so bullish on its local prospects that it’s already looking to expand here.
Columbia Club launches $3M campaign for interior, rooftop revamp
The private club has been ensconced in its current home on Monument Circle since 1925. The high-end upgrades to its interior and amenities, including a wine vault and co-working space, are aimed in part at attracting new—and younger—members.
Ballpark keeps upgrading experience for fans
Suite holders at Victory Field this season will be treated to a major renovation of the private rooms as part of an ongoing $6 million upgrade to the aging ballpark.
Greenwood HR firm plans expansion, 245 hires by 2020
Human resources and corporate benefits firm Tilson expects a tidal wave of new workers by the end of the decade as firms try to cope with complex employee requirements.
Global glassmaker to invest $71M in Randolph County plant
Ardaugh Group plans to retain its 400 workers at the Winchester plant as it invests in a major upgrade.
Former restaurateur Peter George partnering on small new eatery
George, 60, is targeting an August opening for Tinker Street, a chef-driven and plant-based concept he’s launching with business partner Thomas Main, 56, who also has a restaurant background.
UPDATE: Tech firm triggering $10M data center downtown
Michigan-base Online Tech plans to open a 25-employee facility just west of Lucas Oil Stadium, serving businesses that need cloud computing.
Angie’s List to take big chunk of Landmark Center
The move into nearly 100,000 square feet of office space is intended to consolidate Angie’s off-campus workers downtown. It’s a boon to struggling Landmark Center, which has been hemorrhaging tenants.
Technology opens doors for growing Zionsville window dealer
Zionsville-based Apex Energy Solutions is reporting a decade of double-digit annual growth and company founder Michael Foit has licensed his trademarked “Flipside” selling strategy and proprietary technology to independent operators in more than a dozen markets.
Remodeling rebounds as homeowners opt to fix what they have
More homeowners are taking the plunge on pricey home remodeling projects—ranging from kitchens, bathrooms and basements to outdoor living areas and whole-house makeovers—after a roughly five-year lull that began with the housing downturn.
Steak n Shake slashes restaurant spending as CEO hoards cash
From 1999 to 2008, Steak n Shake Co. spent an average of $55 million a year to add dozens of restaurants and buy equipment
for existing
ones. In 2009, the locally based
chain spent just $5.8 million.
Gregg landing in prime spots abandoned by failed retailers Circuit City, Linens & Things
Electronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
Group wants to redevelop buildings, land near Circle
Uptown Realty Investors, owners of two vacant buildings and a fenced lot along Washington Street downtown, aren’t giving up
on redevelopment even after their plans for a $40 million mixed-use structure fell apart.
Tobias Theater renovation is new model for environmentally sensitive construction
The 600-seat Randall L. and Marianne W. Tobias Theater (nicknamed The Toby) is arguably the greenest facility of its kind
in the nation.
Jefferson Plaza renovation approaches end
The Jefferson Plaza renovation, which has been renamed Allen Plaza after its developer, will include restaurants, office space, condos, and is also working to achieve LEED environmental certification.