Economic development Blog Posts

Volleyball event's projected impact raises questions

July 2, 2014
Comments(7)
When Visit Indy announced this week that Indianapolis had landed the 2016 USA Volleyball Girls’ Junior National Championships and that it would carry a $59 million economic impact, a few eyebrows were raised.
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Clock ticking on Natatorium repair plan as Olympic trials loom

July 2, 2014
Comments(3)
In November, Mayor Greg Ballard hoped to have City-County Council approval in January on a financing plan to help fix the IUPUI Natatorium. Now some councilors wonder if the mayor is changing directions on the issue.
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Indiana golf courses seeing revenue increases

June 10, 2014
Comments(0)
While golf-related revenue for courses nationwide was down 2 percent in April compared to the same period a year ago, Indiana courses were up almost 8 percent. And that's not the end of the good news.
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Move east angers Big Ten fans, could rob Indy of millions

May 7, 2014
Comments(14)
The Big Ten's push east could rob Indianapolis of two events that carry visitor spending of a combined $30 million each time they're held here.
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Cricket salaries indicate Mayor Ballard's idea may have merit

April 28, 2014
Comments(3)
Who makes more? The average National Football League player, Major League Baseball player or a professional cricket player in India? The answer might surprise you.
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Ballard invites British royal couple to visit Indy's World Sports Park

February 17, 2014
Comments(6)
Mayor Greg Ballard reached out through the British Consulate to invite Prince William and Kate Middleton to visit the Indianapolis World Sports Park this summer. He is promising to invite other international dignitaries.
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Indy Eleven takes big gamble with stadium finance plan

January 27, 2014
Comments(15)
By asking for tax money to help finance an $87 million, 18,500-seat venue, soccer team owner Ersal Ozdemir is gambling with one of his franchise's most valuable assets.
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Clock ticking on Natatorium decision, Olympic trial hangs in balance

November 6, 2013
Comments(3)
Indiana University officials may need to unveil a plan to upgrade and operate the IUPUI Natatorium by Dec. 10 if Indianapolis is going to have a shot to host an Olympic trial in 2016.
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Global group lauds Indy's cricket venue during tour

October 24, 2013
Comments(7)
The International Cricket Council president says the $6 million World Sports Park is enhancing Indianapolis' global reputation even before it opens.
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Indy's new pro soccer team hits ticket sales milestone

August 12, 2013
Comments(8)
Indy Eleven, the city’s new professional soccer franchise, has been on a season ticket sales tear since the International Champions Cup game was announced—and that sales push continues. Team officials now shooting for new goal by Nov. 11.
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40,000 plus fans, global media throng to attend soccer game at Lucas Oil Stadium

July 31, 2013
Comments(18)
Thousands of attendees at Thursday's event will come from outside the area and the game is broadcast in 150 countries, giving Indianapolis nationwide and global exposure.
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Super Bowl guru wants BioCrossroads-type effort for Indy sports

May 1, 2013
Comments(7)
Indiana Sports Corp. CEO Allison Melangton is challenging local sports industry leaders to "think boldly" and help Indianapolis become an international sports mecca.
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Cummins, MainSource throwing weight behind new running event

March 19, 2013
Comments(2)
With new running races crowding the landscape, some fear the market has become saturated. This fall, a new marathon in Columbus will do battle with two established events in Indianapolis.
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Indy's new soccer team blowing sales expectations 'out of the water'

March 7, 2013
Comments(5)
Still 13 months from kickoff, sales are so brisk that team officials think they may sell out of season tickets for their inaugural season.
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Fans beating down doors to get into NFL Combine

February 20, 2013
Comments(4)
The NFL Scouting Combine used to be a little-known, behind-the-scenes event used by NFL coaches, scouts and team executives to evaluate players before the April draft. Now, 800 media members cover the event in Indy, and ticket demand far outweighs supply.
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Super Bowl guru now looking to score Olympic gold for Indy

January 9, 2013
Comment(1)
The Indiana Sports Corp. is making a bold bid to host the 2016 U.S. Olympic Swimming Trials inside the cavernous Lucas Oil Stadium. And that's just the beginning of the ambitious plans the organization's new CEO is drawing up.
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Two locally hosted sporting events score national recognition

October 4, 2012
Comment(1)
The inaugural Big Ten Football Championship and Super Bowl XLVI, both held at Lucas Oil Stadium, were recognized as ‘Event of the Year’ in their respective categories at the SportsTravel Awards held Oct. 4 in Detroit.
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Irsay clears air, says Super Bowl could return by 2016

May 2, 2012
Comments(6)
Colts owner isn't demanding a downtown hotel, nor is he trying to twist arms to get his way. He, like a lot of people here, wants another Super Bowl and is relaying the best information he has to make sure the city has the best shot at getting it.
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Bubba's big win lights up switchboard for Carmel event

April 10, 2012
Comments(0)
Ticket sales for 2012 BMW Championship surge after dramatic victory by relative unknown at The Masters. Triumph almost guarantees Bubba Watson will play at Crooked Stick in September.
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Triumph brings Tiger Woods step closer to Crooked Stick

March 30, 2012
Comments(0)
The PGA's most popular golfer is back, and just in time as organizers for the 2012 BMW Championship launch an ad campaign and begin selling single day tickets. Success at The Masters would make Tiger a near shoe-in to play at Crooked Stick this September.
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Volunteer outpouring for local PGA event overflowing

March 16, 2012
Comment(1)
PGA officials might have been surprised by how quickly 2,600 people lined up to help put on a Tour event at Crooked Stick. Locals were not.
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Hosting another Super Bowl could deliver diminished return

February 6, 2012
Comments(9)
There's a thought that Indianapolis could win another Super Bowl bid as early as 2018 or 2019. But should Indianapolis pursue the big game again after the way this week turned out?
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Tebow could give Indy a huge economic lift

December 12, 2011
Comments(5)
If the Denver Broncos somehow make it to the Super Bowl at Lucas Oil Stadium Feb. 5, TV viewership for the event will likely be a record high. Throw in undefeated Green Bay as the opponent, and Indianapolis will be the epicenter of a global media frenzy.
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Penn State could sully inaugural Big Ten Football Championship

November 21, 2011
Comments(21)
You have to wonder how many Big Ten and Indianapolis tourism officials will be rooting hard for Wisconsin this weekend when the Badgers play Penn State at Madison.
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Manning injury could sack Colts stores' sales

September 9, 2011
Comment(1)
Local company that manages Colts merchandise sales operations isn't sure what to expect, but is hopeful the sale of 2012 Super Bowl items will make up for any declines.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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