Government & Economic Development

State firms up crowdfunding rules for businesses

July 1, 2014
Dan Human
Indiana firms can use the Internet to raise up to $2 million in a single securities offering, and Hoosiers can invest up to $5,000 each online, according to new state rules.
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Ex-Center Township Trustee official faces charges

July 1, 2014
 IBJ Staff
U.S. Attorney Joe Hogsett has scheduled a Tuesday afternoon press conference to announce the arrest of a former public official from the Center Township Trustee’s Office.
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Key aide to Pence heading back to private sector

July 1, 2014
Associated Press
Gov. Mike Pence announced Monday that Deputy Chief of Staff Marilee Springer would be returning to Indianapolis law firm Ice Miller.
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Local software startup plans expansion, 74 hires

July 1, 2014
Dan Human
Software startup Lesson.ly LLC is looking for new space to accomodate the expansion. It is eyeing three possible locations, all downtown, and it will likely move within the next three months, CEO Max Yoder said.
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Obama lauds former CEO as right choice to fix VA

June 30, 2014
Associated Press
A former Army captain, Robert McDonald would bring a blend of corporate and military experience to a bureaucracy reeling from revelations of chronic, system-wide failure and veterans dying while on long waiting lists for treatment.
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Indy lands huge volleyball event with $59M impact

June 30, 2014
 IBJ Staff
Indianapolis is expecting 15,000 athletes and 30,000 spectators for the 2016 USA Volleyball Girls’ Junior National Championships.
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Concerns raised over possible rate hike for electric cars

June 30, 2014
Alec Gray, The Statehouse File
The Indiana Office of Utility Consumer Counselor and Rep. Cherrish Pryor are both voicing concerns about a potential rate increase proposed by Indianapolis Power & Light that could help fund some of the start-up costs for the BlueIndy electric-car-sharing project.
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Tech firm plans 400 jobs in Kokomo, Carmel

June 30, 2014
 IBJ Staff
Systems in Motion LLC, a California-based technology consulting firm, expects to invest up to $5.4 million to lease, renovate and equip its new digs.
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GOP bucking business priorities on Capitol Hill

June 30, 2014
Associated Press
Traditional ties between the business community and the Republican Party are fraying in Washington, D.C., where the House GOP has bucked corporate interests on a series of priorities this year, from immigration to highway funding to trade.
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Obama taps business exec to oversee troubled VA

June 29, 2014
Associated Press
President Barack Obama plans to nominate former Procter & Gamble executive and Indiana native Robert McDonald as the next Veterans Affairs secretary, as the White House seeks to shore up an agency beset by problems.
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Flurry of new laws set to take effect in Indiana

June 28, 2014
Associated Press
Beginning Tuesday, guns will be allowed in school parking lots, beer and alcohol will be legal for sale at the Indiana State Fair and veterans will have more support from the state as they seek new careers.
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Leaders navigate politics of infrastructure repairs

June 28, 2014
Kathleen McLaughlin
Indianapolis doesn’t have a long-term street paving plan, and as political leaders look to spend at least $300 million more on infrastructure, the city appears more vulnerable than its peers to partisan bickering.
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City quietly scales back World Sports Park

June 28, 2014
Kathleen McLaughlin
Indianapolis is reining in costs and dialing back ambition at the new east-side World Sports Park. The park, which will be home to one of the few premier cricket fields in the United States, is coming in about $1 million under its $6 million budget because it will have fewer features than planned.
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Agency opposes hike for electric carsRestricted Content

June 28, 2014
 IBJ Staff
David Stippler, whose job is to advocate for utility consumers, thinks Mayor Greg Ballard’s quest to have Indianapolis Power & Light customers pay the startup costs for an electric-car-sharing service sets a dangerous precedent.
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East-side associations fight gas-station plan

June 28, 2014
Scott Olson
A property owner’s plans to convert the northwest corner of East 10th Street and Emerson Avenue into a convenience store and gas station are causing consternation among neighborhood leaders who hope to stop the project.
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Appeals court stops gay marriage in Indiana

June 27, 2014
 IBJ Staff,  The Statehouse File
The 7th Circuit Court of Appeals on Friday night stopped county clerks from issuing marriage licenses to same-sex couples, a move that throws hundreds of unions performed over the past two days into limbo.
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Lawmaker: Tobacco settlement aids health programs

June 27, 2014
Associated Press
Indiana's settlement of its dispute with major tobacco companies — a deal bringing the state $217 million over the next two years — will help meet the state's obligations for several health-related programs, a top lawmaker says.
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Regional Operations Center back in business at Eastgate

June 27, 2014
Kathleen McLaughlin
Indianapolis Public Safety Director Troy Riggs is scheduled to lead a media tour of the reopened Regional Operations Center on Friday afternoon.
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Pence says GOP should seek limits on federal government

June 26, 2014
Associated Press
Indiana Gov. Mike Pence on Thursday called on Republicans to dramatically limit the federal government's role in public education, welfare programs and transportation in a speech aimed at boosting his profile among New York's powerful political donors.
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Pence to visit United Kingdom on economic development trip

June 26, 2014
Associated Press
Indiana Gov. Mike Pence is leading a group of business and community leaders on a jobs mission to the United Kingdom next month.
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High court rebukes Obama on recess appointments

June 26, 2014
Associated Press
The Supreme Court on Thursday limited the president's power to fill high-level vacancies with temporary appointments, ruling in favor of Senate Republicans in their clash with President Barack Obama.
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Notre Dame, GE plan turbine-research facility in Indiana

June 26, 2014
Associated Press
The University of Notre Dame and General Electric Co. on Thursday announced plans to partner in a $36 million research and test facility for massive gas turbine engines used by commercial and military aircraft, power plants, and the oil and gas industry.
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Indiana to study peer cities to learn growth strategies

June 25, 2014
Allie Nash, The Statehouse File
The Indiana Economic Development Corp. will conduct a study to compare Indiana cities to others across the region that are economically booming, the IEDC announced Wednesday.
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Pence names social services chief after sudden exit

June 25, 2014
Associated Press
Indiana Gov. Mike Pence picked a new secretary Wednesday to run the Family and Social Services Administration and created a position overseeing his proposed alternative to traditional Medicaid.
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Democrats want more cops living in tough neighborhoods

June 25, 2014
Dennis Barbosa
A proposal unveiled today would allow officers to live rent-free in new or refurbished houses and then allow the officers to buy the homes.
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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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