A national retailing expert explains what to expect from the three chains, how their business models work and why they see opportunity in central Indiana.
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Foamcraft says it’s eyeing other locally based tenants for the development ranging from an ice cream shop to a coffee shop to a bakery.
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Sheetz, which has developed a fan base often referred to as “Sheetz Freakz,” said it plans to open its first Indiana locations next year in the greater Indianapolis area.
The company’s current proposal calls for a two-phase, $100 million overhaul including more than 500 apartments, 35,000 square feet of retail and restaurant space, townhouses and a hotel.
Teriyaki Madness is expected to open in the Claybrooke Commons retail center on South Emerson Avenue, where fellow tenants include Bibibop Asian Grill and Mochinut.
Pittman Partners plans to build up to 225,000 square feet of commercial space at The Farm at the corner of Michigan Road and Sycamore Street.
Niku Sushi.Kitchen.Bar will join two other restaurant tenants—Piedra, a Mexican restaurant, and Kitchen Social, a popular Columbus, Ohio-based restaurant—at The Union at Fishers District.
Two Indianapolis stores as well as locations in Speedway and Franklin are expected to serve Smoothie King blends by next summer.
The developer behind the planned revamp of Lafayette Square Mall expects to break ground on the project’s first apartment building early next year and open a 14-screen movie theater as early as next month.
St’Artup 317 is a short-term showcase for businesses on the path to becoming long-term tenants elsewhere in the city.
Demolition already has begun on the 56-year-old office structure, which was purchased out of foreclosure for $1.59 million. The developer envisions restaurant, retail and medical office tenants that will vibe with continued redevelopment along the Keystone corridor.
News of a possible development at the site has been long-awaited by Irvington residents. But those involved said the potential project is in very early stages and will require a giant fundraising effort.
Known as Winterton, the project would consist of 574 apartments across two buildings, along with more than 14,000 square feet of retail space and a 756-space interior parking structure.
Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.
Speedway-based development firm KennMar plans to invest up to $1.5 million in the project on the west side of Anderson.
The convenience store chain said plans to invest $420 million to add 60 stores throughout the Hoosier State over the next eight to 10 years, with the first round of stores primarily in central Indiana.
A firm owned by a former IU football player is in the early stages of revamping the deteriorating shopping plaza that once served as Irvington’s main retail hub.
Indiana Liquor Group has been acquiring stores in small cities and towns since 2019 and typically leaves the business names unchanged.
The $72 million Midland Pointe development is planned on 34 acres at the southeast corner of State Road 32 and Hazel Dell Parkway.
The retail giant plans to build a grocery store and gas station near the northeast corner of the intersection of State Road 32 and Little Chicago Road.
The Hy-Vee grocery chain, which already announced plans to build a supermarket in Zionsville, also is planning a store in Fishers, the grocer confirmed Tuesday.
Owner Fabio de la Cruz said said the investment is only the start of what’s expected to be at least a $200 million project through his firm Sojos Capital LLC.
