Government & Economic Development

Stonegate plans to add 400 workers in expansion

March 4, 2014
Chris O'Malley
The mortgage company plans to invest $6.2 million in new office space in Carmel, at the North Haven office park, helping it double its work force by 2017.
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House sends industrial hemp bill back to Senate

March 3, 2014
 The Statehouse File
The Indiana House approved a bill Monday that would allow farmers to grow hemp – a non-intoxicating cousin of marijuana – if the federal government lifts restrictions on the crop.
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Mass transit bill headed to conference committee

March 3, 2014
 The Statehouse File
The Indiana House passed legislation to authorize new taxes for an expanded bus system but the bill is headed to a conference committee where lawmakers will try to find a compromise on the issue.
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Committee urges hiring commitment for $81M MSA tower project

March 3, 2014
Scott Olson
A City-County Council committee recommended approval for the 28-story building but only if the developer pledges that 30 percent of the workers it hires to build the tower live in Marion County.
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Police, FBI investigate Elwood mayor's campaign spending

March 3, 2014
Associated Press
The treasurer of Elwood Mayor Ron Arnold's campaign committee said he's been questioned by state and federal officers about Arnold's expenditures for out-of-state travel and personal bills.
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Legislation would allow ads on public school buses

March 3, 2014
Associated Press
The bill, approved by the Indiana Senate 49-0, would allow advertising on school buses in two Indianapolis neighborhoods and a school district just north of the city.
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Campaign money offer exposed in Indiana gay marriage fight

March 2, 2014
Associated Press
A former state Republican Party chairman's pledge to provide campaign cash to protect House members who were considering voting against a constitutional gay marriage ban offers a rare look at the private power game that plays out at the Statehouse.
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Indiana one of many states aiming to limit tanning

March 2, 2014
Associated Press
Lawmakers' efforts to crack down on the use of Indiana tanning beds this year are part of a national push to limit young people's exposure to risks that include skin cancer.
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High school/college blend charter pitched by mayorRestricted Content

March 1, 2014
J.K. Wall
Indianapolis Mayor Greg Ballard wants to launch a new kind of charter school that would allow students to earn both high school and college credentials in fields with lots of jobs and good wages.
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Bill to help some teachers repay loans advances

February 28, 2014
Associated Press
Certain students who go on to teach science, math or special education in Indiana could get up to $9,000 to pay off loans if a legislative proposal becomes law.
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State lawmakers advance roads, education measures

February 27, 2014
Associated Press
Indiana lawmakers advanced a wide range of measures Thursday as they headed into the final two weeks of their 2014 session, setting up last-minute negotiations on everything from road funding to education.
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Tech startup plans 150 local jobs by 2018

February 27, 2014
 IBJ Staff
Gusto LLC, a tech startup founded by former ChaCha and Overstock.com executive Shawn Schwegman, said it will invest $975,000 to launch the company and its debut product.
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Ballard outlines list of initiatives in annual 'state of' address

February 27, 2014
Kathleen McLaughlin
Indianapolis Mayor Greg Ballard, in his annual State of the City address Thursday night, went through a checklist of potential projects while exhorting citizens to become ambassadors for the city.
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Analysis casts doubt on revenue projection for soccer stadium

February 27, 2014
Kathleen McLaughlin, Cory Schouten
The Indy Eleven soccer team would generate just $2 million to $4 million a year in ticket sales, a fraction of the $51 million that owner Ersal Ozdemir has estimated a new downtown stadium would generate including non-soccer events, according to an independent analysis.
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IndyGo unveils design of $20M downtown transit center

February 27, 2014
Scott Olson
Construction of the hub, which Mayor Greg Ballard noted Thursday in his annual State of the City address, is set to begin this fall with completion expected by the end of 2015.
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Indiana Senate panel approves welfare drug tests

February 27, 2014
Associated Press
The current version of the measure is far less sweeping than what supporters originally sought. The measure approved Thursday would only apply to welfare recipients who had previously been convicted of a drug crime.
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Indiana House backs tossing national school standards

February 27, 2014
Associated Press
The Indiana House voted 67-26 Thursday to nix the Common Core school standards currently in place.
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Pence continues pitch for preschool voucher plan

February 26, 2014
Associated Press
Indiana Gov. Mike Pence spent Wednesday morning highlighting the work of an Indianapolis preschool as he made a final pitch for an early education voucher plan that has foundered in the Legislature.
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Indiana House OKs bill to end efficiency program

February 26, 2014
Associated Press
The bill's author, Sen. Jim Merritt, R-Indianapolis, said he's going to take the next few days to review the House's changes before determining whether to ask the Senate to approve it or send the bill to a conference committee to restore its original wording.
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Modified hemp legalization bill moves to full House

February 26, 2014
 The Statehouse File
The legalization of the production of industrial hemp is a step closer to reality in Indiana after the House Agricultural Committee passed an amended bill Tuesday.
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Bill allowing state fair alcohol sales heads to governor

February 25, 2014
Jacob Rund, The Statehouse File
The bill, authored by Sen. James Merritt, R-Indianapolis, seeks to end a nearly 70-year old ban on beer and alcohol sales at the state fair.
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Indiana lawmakers draw close on business tax deal

February 25, 2014
Associated Press
The House Ways and Means Committee and the Senate Tax and Fiscal Policy advanced two separate measures Tuesday that would cut the state's corporate income tax and the state's business equipment tax in certain cases.
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Indiana House amends bill to end efficiency program

February 25, 2014
Associated Press
TThe House voted 66-30 to amend the bill with language that prohibits the Indiana Utility Regulatory Commission from extending or entering into contracts for Energizing Indiana's statewide energy efficiency program after Dec. 31
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New owner to spend $51M firing up Noblesville foundry site

February 25, 2014
Andrea Muirragui Davis
ID Castings LLC plans to resurrect the property on South Eighth Street, an eyesore that has been underused for years. The company is asking the city for a $1.3 million tax break.
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Danville to channel TV's Mayberry during 2-day festival

February 25, 2014
 IBJ Staff
Hendricks County will serve up a heaping helping of nostalgia this spring with a festival devoted to "The Andy Griffith Show."
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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