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Updated: 20 min 14 sec ago

Biz boosters embrace One Click, but it's no sure thing

Sat, 05/19/2012 - 02:00
Husband-and-wife entrepreneurs Randy and Angie Stocklin started Greenwood-based One Click Ventures out of their home with $20,000 in 2005. They now own a portfolio of niche retail websites, including SunglassWarehouse.com, HandbagHeaven.com and Scarves.net, which brought $5.3 million in revenue last year.

Binford-area neighborhood alliance upping ambitions

Sat, 05/19/2012 - 02:00
The two main retail centers in a northeast-side development area will be at 100-percent occupancy when Uncle Bill’s Pet Express opens in a small space at Binford Boulevard and 71st Street. Binford Area Growth and Revitalization, a super-neighborhood association better known as BRAG, began striving for this milestone in 2005.

Massive Anson project showing residential, retail progress

Sat, 05/19/2012 - 02:00
Locally based Duke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections, rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects are likely several years away.

South-side medical office building in foreclosure

Fri, 05/18/2012 - 10:07
Munster-based Citizens Financial Bank claims the owner of the building at 1340 E. County Line Road owes $4.1 million on a loan originating from 2002 and is seeking to have a court-appointed receiver manage the building's operations.

Signature Inns founder plans auto-care franchises

Thu, 05/17/2012 - 12:05
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.

New warehouse ends drought of spec industrial development

Thu, 05/17/2012 - 11:34
Construction on the 794,608-square-foot warehouse will begin in the next two weeks in the AmeriPlex Business Park, officials of Atlanta-based developer Industrial Developments International said. They hope to complete construction in December.

Former Pac-Van owners return to mobile office biz

Wed, 05/16/2012 - 11:05
Brent and Matthew Claymon have founded OnSite Space LLC and acquired Indianapolis-based Tyson Corp., to form OnSite Space by Tyson. The brothers sold Pac-Van in 2006 and have returned to the industry after their five-year non-compete expired.

First-quarter profit, revenue flat for Noble Roman’s

Tue, 05/15/2012 - 11:24
The pizza franchisor earned $365,079 in the quarter ended March 31. But it continues to see more growth from take-n-bake products in grocery stores.

Summit lands bank tower management contract

Tue, 05/15/2012 - 09:00
Summit Realty Group assumed management of the 28-story M&I Plaza on May 14, replacing CBRE.

Business Furniture expands into Ohio with acquisition

Mon, 05/14/2012 - 09:44
Indianapolis-based Business Furniture LLC, the city's largest office furniture dealer, has expanded into Ohio by acquiring Everybody’s Workplace Solutions Inc. in Dayton.

Airport faces fiscal headwinds

Sat, 05/12/2012 - 02:00
The Indianapolis Airport Authority recorded a $31.3 million operating loss in 2011, a result that new board President Michael Wells believes underscores the need to find new sources of revenue.

Central Indiana home-sale agreements up in April

Fri, 05/11/2012 - 13:36
Purchase agreements of existing homes in the nine-county area tracked by F.C. Tucker Co. hit 2,252 last month, a 3.3-percent increase over April 2011. Year-to-date home sales were up 12 percent.

For-profit university eyes College Park office space

Fri, 05/11/2012 - 11:59
South Dakota-based National American University wants to turn 35,000 square feet on the second floor of a building in the College Park office complex into its latest campus.

2 new tenants taking long-vacant big boxes

Thu, 05/10/2012 - 11:52
Two vacant big boxes are getting new users: Burlington Coat Factory at the northeast corner of 82nd Street and Allisonville Road, and The Tile Shop along U.S. 31 just south of Stop 11 Road.

WRTV launches broadcast studio on Monument Circle

Thu, 05/10/2012 - 11:20
The Indianapolis TV station will occasionally broadcast live from the WIBC-FM 93.1 studio as part of an agreement with the radio station's parent company, Emmis Communications Corp. WRTV is hoping to gain more exposure from the deal.

Metro-area building activity dips in April

Wed, 05/09/2012 - 12:16
Permits filed last month in the nine-county area totaled 352, a 2-percent year-over-year decrease. But activity through the first four months remains stronger than it was during the same time last year.

Noble Roman's top investor loses Green Mountain chair

Wed, 05/09/2012 - 10:31
Green Mountain Coffee Roasters Inc. has stripped founder Robert P. Stiller of his position as chairman after he sold shares to meet a margin call at a time when the company’s trading policies prohibited such sales.

Marsh CEO Kelley quits for job in New England

Tue, 05/08/2012 - 15:19
Marsh Supermarkets CEO Joe Kelley abruptly resigned Tuesday, and the Fishers-based chain launched a search for its third chief executive in a little more than a year. The company named Chief Operating Officer Bill Holsworth as its interim CEO.

Kelley steps down as Marsh Supermarkets chief exec

Tue, 05/08/2012 - 15:19
Marsh Supermarkets CEO Joe Kelley abruptly resigned Tuesday, and the Fishers-based chain launched a search for its third chief executive in a little more than a year. The company named Chief Operating Officer Bill Holsworth as its interim CEO.

Litigious Aristocrat owner seeks parking variance after opposing one for Calle 52

Tue, 05/08/2012 - 09:35
The owner of Aristocrat Pub & Restaurant fought all the way to the Indiana Supreme Court against a parking variance for a proposed competitor, but now he's seeking a similar variance of his own.

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