Once populated largely by cornfields, the landscape at the intersection of I-65 and Whitestown Parkway has exploded in recent years with retail and restaurant projects. A smattering of hotels has followed, and two more projects now are in the works.
Mall landlords, besieged for the past two years by the rise of online shopping and retailer bankrupties, are trying to push a new narrative of improving sales and increased demand for empty space at their properties.
The 13,000-square-foot facility is slated for the site of a former discount retailer, located a block east of the center of Fountain Square’s resurgent commercial and cultural districts.
The 3,800-square-foot restaurant will maintain much of the menu of the original but add Neapolitan pizza, flatbreads and other elements suitable for lunch patrons.
The owner of Helium Comedy Clubs says he saw lots of opportunity in the Indianapolis metro area, where at least two major comedy venues have closed since last fall.
This will be the first Indiana location for Georgia-based PGA Tour Superstore, which currently has 33 locations and is growing quickly by securing sites vacated by Toys “R” Us and Babies “R” Us.
The commercial openings are part of the $1 billion Anson development, led by Indianapolis-based Duke Realty Corp.
Community leaders have tried for years to get the owners to sell or redevelop the mostly vacant building on Broad Ripple's main drag. It was built in 1920 and last updated in 1980.
Since the grocer bought seven former Indianapolis-area Marsh stores last July, it has reopened only a three.
Leaders of a collegiate contest for real estate development elected the struggling west-side shopping center as a case study. The winning entry suggesting wiping the slate clean.
The Larmans’ fingerprints are all over Keystone at the Crossing—from The Fashion Mall at Keystone to a recently built $100 million mixed-use development.
The bank has staked out the upscale Keystone at the Crossing submarket for a staffed, free-standing addition to its growing local operations.
The settlement will allow developer Green Indy LLC to build a revised version of the so-called Alexander at the Crossing project that was initially denied by the Metropolitan Development Commission last year.
Broad Ripple leaders are working to confront a long-standing challenge: what to do about a mostly vacant building whose out-of-state owners have allowed the property to slide downhill for years.
The Marsh closed in April 2017 as the grocer teetered toward bankruptcy. Meanwhile, Aldi is on a tear with its plans to modernize existing stores and open new ones.
The $110 million Yard at Fishers District will feature about 15 restaurants, including two St. Elmo-owned concepts; a Sun King tasting room; a dual-branded hotel; and hundreds of apartments.
Council member Colleen Fanning said the action gives neighbors another chance to have their say in a redevelopment proposal that could affect what’s been deemed Haverstick Woods.
Starbucks Corp. Chairman Howard Schultz said he sees a blessing in all the retail vacancies across the United States—landlords are beginning to reduce rents.
A local ownership group has filed plans to construct a 250,000-square-foot office building with a 40,000-square-foot grocery store, in addition to a parking garage and smaller office building.