Meijer might finally be coming to Anson
Construction paperwork indicates the store will be almost 200,000 square feet and employ 100 people.
Retail Development
Articles
What’s the right business mix for downtown Zionsville?
Keeping its quaint Main Street viable as Zionsville ramps up commercial development elsewhere will require finding just the right mix of retail and service businesses to draw—and keep—customers downtown.
Developer closing in on Ironworks anchor tenant
Hendricks Commercial Properties is set to break ground on the $30 million mixed-use development on the southwest corner of 86th Street and Keystone Avenue on Wednesday.
Local REITs charge ahead of pack in bull market
Indiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually hardy and suddenly hot sector.
Barron’s enthrones Simon among world’s best CEOs
Already one of the most highly regarded CEOs in Indiana and in his industry, David Simon of Simon Property Group now is keeping company with the likes of Warren Buffett, Amazon’s Jeff Bezos and Larry Page of Google.
Two projects would give Nora Plaza a face-lift
The developer of Nora Plaza is planning a $2 million redevelopment of a building that formerly housed Café Nora in the popular north-side shopping center, and anchor Whole Foods is expanding into 5,700 square feet of space north of its existing store.
Centre Properties puts 3 strip centers into Chapter 11
The Indianapolis developer said the bankruptcy filings are intended to prevent lender Bank of America from forcing the sale of RiverPlace Shops in Fishers, Raceway Market Shops in Indianapolis and Greenwood Crossing in Greenwood.
Kite Realty is makeover artist for tired shopping centers
Having rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
Three years after opening, Indiana Design Center fills
Tenants include interior designers, artists, kitchen cabinet firms.
Wal-Mart revisits plan for Greenwood store
A retail giant that lost its bid to build a store in Greenwood nearly a decade ago is hoping local leaders look more favorably on a new proposal to erect a smaller store at the same site.
Cassidy Turley offers mixed outlook on Indy real estate
The city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more cautious view on the office and retail sectors, predicting that uncertainty caused by political gridlock could hamper an already sluggish recovery.
Investor: Kroger missed chance to buy ‘linchpin’ property
Owner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property to make way for new downtown store.
Former Lifestyle gym building target of foreclosure
The owner of the building at 4225 E. 82nd St. owes $4.9 million on a $7.4 million loan, according to the suit. The tenant, Lifestyle Family Fitness, closed the location in November 2011.
Kite continues Southeast push with $37.3M in acquisitions
In December, the Indianapolis-based real estate investment trust bought two shopping centers in Greenville, S.C., using proceeds from its recent $60 million stock sale.
Developer close to starting project at 116th, Springmill
Gershman Brown Crowley Inc. is in the process of getting design approval from the city of Carmel for a 9,600-square-foot retail building and a 13,200-square-foot CVS pharmacy.
Simon’s Rushmore Mall loan sent to servicer, Fitch says
A loan with a balance of $94 million on a South Dakota shopping center owned by Simon Property Group was sent to a special servicer because default is imminent, Fitch Ratings said.
Site of historic church being shopped for retail development
The 4.5-acre site of the St. John United Church of Christ is back on the market following the settlement earlier this year of a lawsuit between the church and the city.
INSIDE DISH: Carmel eatery unafraid to break a few eggs, rules
Restaurateur Larry Hanes stuck to his guns in creating Eggshell Bistro, bending conventions with eclectic decor, artisanal coffees, and a simple menu with restrained portions.
LA Fitness buys site near Washington Square, boosting area
LA Fitness plans to build a gym on the former home of a Loews movie theater adjacent to Washington Square Mall in the latest sign of progress for a struggling retail submarket.
Kite Realty seeks $52 million in share offering
Kite Realty Group Trust Inc. is selling 10.5 million new shares at $5.20 per share in an offering set to raise at least $52 million for the Indianapolis-based retail developer.