City officials did not immediately respond to a request for comment about Keystone's statement. But the Mayor's Office announced that at 5:30 p.m., Hogsett would make a "significant announcement about the future of sports in Indianapolis." The post Keystone says city is backing out of Eleven Park deal as mayor plans ‘significant’ announcement appeared first on Indianapolis Business Journal ..read more

City and neighborhood leaders have expressed hopes that the opening of the campus would spur redevelopment in Twin Aire, but change hasn't been fast to take root. The post Development emerges slowly at Indy’s justice campus appeared first on Indianapolis Business Journal ..read more

Guggman Haus Brewing Co. plans to take over the former Scarlet Lane Brewing Co. location near the intersection of 46th Street and College Avenue. The post Guggman Haus Brewing Co. to open Meridian-Kessler taproom appeared first on Indianapolis Business Journal ..read more

The school board will vote Thursday on a plan to transfer ownership of the Julian Coleman School 110 building to KIPP Indy. The post IPS plans to transfer school building to charter network in unique facilities deal appeared first on Indianapolis Business Journal ..read more

Sushi Boss will follow Green District and Au Bon Pain Cafe as the tenant at the southwest corner of Monument Circle and Meridian Street. The post Indianapolis-based Sushi Boss to expand with Monument Circle restaurant appeared first on Indianapolis Business Journal ..read more

It’s a challenge hitting urban centers across the United States. Downtown office buildings are seeing their values plummet and vacancy rates climb due to space consolidation and a continued hesitancy toward renewals and new leases following the pandemic. The post Downtown office properties are facing tough financial years—but mall project offers hope appeared first on Indianapolis Business Journal ..read more

The Indiana Court of Appeals upheld a ruling Wednesday that Carmel Clay Schools did not violate Indiana’s “dollar law” when it closed an elementary school and refused to sell the building to a charter school. The post Carmel Clay Schools did not violate state law by refusing to sell building to charter school, court rules appeared first on Indianapolis Business Journal ..read more

Shin Dig restaurant is expected to open by fall in the North Mass corridor southeast of the I-70/I-65 north split. The post Festive spot for families is next Cunningham restaurant concept appeared first on Indianapolis Business Journal ..read more

Plaid & Pearls Coffee Lounge will take over the former location of Pearings Cafe & Frozen Yogurt at 6 W. Washington St. The post NBA All-Star Weekend coffee shop to reopen near Monument Circle appeared first on Indianapolis Business Journal ..read more

Terminus is one of several elements of the $300 million Hobbs Station project, which will include housing, retail and office uses. The CEO of Terminus developer HSA Commercial Real Estate hopes the mix will attract tenants in sophisticated industries such as biotech. The post Industrial developer keeps its focus on Plainfield with 498,000-square-foot Terminus project appeared first on Indianapolis Business Journal ..read more