Regional News

Indy-based Simon spinoff will include 13 Indiana centers

December 13, 2013
Scott Olson
The locally based retail giant confirmed Friday morning that its new spinoff will be headquartered in Indianapolis. Several of Simon's properties in the area will be among the new portfolio, including Clay Terrace in Carmel.
More

FEMA rejects major disaster declaration for Indiana

December 11, 2013
Associated Press
Gov. Mike Pence says the federal government has rejected Indiana's request that Howard County be declared a major disaster area because of damage from last month's tornadoes and severe storms.
More

Security firm's job-creation plans draw state incentives

December 11, 2013
 IBJ Staff
Allegion PLC's plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
More

Greenfield Mayor Pasco, 66, dies after cancer fight

December 10, 2013
Associated Press
Greenfield Mayor Dick Pasco, who had been suffering liver problems since soon before his 2011 election, had decided against further treatment, his family said.
More

Shares of Indiana retailers surge in 2013Restricted Content

December 7, 2013
Scott Olson
Shares of The Finish Line Inc., HHGregg Inc. and Shoe Carnival Inc. have been on a tear this year, rebounding to outperform the major stock indexes and rising at least 40 percent in value through the first of December. By comparison, the S&P 500 has gained about 28 percent.
More

Suit slams ex-insiders of Bank of IndianaRestricted Content

December 7, 2013
Chris O'Malley
Racketeering, fraud and “negligent oversight” are juicy ingredients in any lawsuit. But a recently filed complaint against Bank of Indiana may take the trophy in the otherwise sound-but-sleepy world of Indiana banking, not just for the nature of the allegations but that they’re aimed at the boardroom.
More

Kokomo businesses to feel storm's effects for months

December 6, 2013
Associated Press
City officials have estimated the storms caused $22 million in commercial property loss, a figure that doesn't take into account lost wages and productivity.
More

Lauth acquires new apartment property in Greenfield

December 3, 2013
Scott Olson
The local developer's purchase of the complex is part of a shift within the company to complement its traditional development business with acquired properties.
More

Fishers weighs incentives for office building

December 2, 2013
Andrea Muirragui Davis
Construction firm Meyer Najem Corp. is planning a $5.5 million office building in downtown Fishers to house its growing operations and other high-potential businesses. A proposed deal calls for the town to contribute 1.7 acres of land and $1.4 million.
More

Peyton Manning wears ankle brace designed by local entrepreneur

November 30, 2013
Anthony Schoettle
Rick Peters, founder of Carmel-based Ultra Athlete LLC—a small manufacturing firm with a reputation for state-of-the-art ankle braces—sent his latest brace to the Denver Broncos head trainer on a whim, and saw Manning wearing it three days later.
More

Apple buyout in ChaCha's future?

November 30, 2013
Dan Human
Apple has applied for a patent that sounds pretty familiar to the folks at Carmel-based ChaCha Search Inc. Enough so that ChaCha founder Scott Jones has suggested that his business is well-suited for an acquisition by one of the largest companies in the world.
More

Westfield gearing up for big hospitality play

November 30, 2013
Andrea Muirragui Davis
Westfield’s massive Grand Park Sports Campus doesn’t open until March, but city leaders already are focused on making sure the 1 million-plus visitors they expect next year want to come back.
More

Home builders race to meet demand

November 23, 2013
Andrea Muirragui Davis
Slow but steady growth in central Indiana’s new-home market has chipped away at the supply of available lots, leaving developers and builders scrambling to keep up with demand.
More

Avon firm enters competitive video game industry to promote reading

November 23, 2013
Dan Human
An Indianapolis firm that makes software for libraries has teamed with an elementary schoolteacher to improve kids’ reading skills by using books’ longtime nemesis—video games.
More

New law paves way for micro-distilleries to open across state

November 23, 2013
Sam Stall
A new state law allows Indiana distillers to obtain a permit to produce and sell spirits by the glass, bottle or case. Previously, they could sell only to distributors, never to the public.
More

Book captures Madison County's automotive history

November 22, 2013
Associated Press
When America was making the transition from horse and buggies to the horseless carriage at the start of the 20th century, the city of Anderson was a part of the innovation that changed how the nation would travel forever.
More

New U.S. 31 bypass around Kokomo opening Tuesday

November 21, 2013
Associated Press
The bypass will allow drivers to avoid 15 traffic signals on the highway's current route through the city.
More

Muncie OKs consolidating two high schools into one

November 19, 2013
Associated Press
School board members voted 4-1 Monday night in favor of turning Southside High School into a middle school and moving its students to Central High School.
More

Future murky for Carmel's 2-story development rule

November 16, 2013
Andrea Muirragui Davis
City leaders are embroiled in a debate over the future of Range Line Road, through the heart of Carmel's redeveloped downtown. Special density zoning rules are intended to create a consistent look and keep residents from bearing the brunt of the city’s significant infrastructure investment. The question is whether it’s working.
More

Growing central Indiana suburbs mull class status

November 16, 2013
Andrea Muirragui Davis
When Fishers becomes Hamilton County’s newest city in 2015, it also will be the first of Indianapolis’ northern suburbs to achieve “second-class” status. Others—including suburban standouts Carmel and Noblesville—qualify for an upgrade because of their growth but have not made the leap. Yet.
More

Tipton County won't stop work at Chrysler plant over permits

November 15, 2013
Associated Press
Three residents have appealed the Tipton County planning director's decision to extend without public notice the building permit originally given to Getrag, which stopped construction at the factory in 2008.
More

Funding for Mounds Reservoir study moves ahead

November 14, 2013
Associated Press
The state will provide a $600,000 grant for the next phase in a proposed project to build a $400 million reservoir in central Indiana.
More

Hearing draws lively debate on Fishers food-drink tax

November 13, 2013
Larry Lannan / Special to IBJ
The Fishers Chamber of Commerce and some individual business owners are on opposite sides of a debate over imposing a 1-percent food-and-beverage tax to help fund economic development efforts in the town.
More

Denver company completes Chromcraft acquisition

November 11, 2013
Associated Press
Apparel maker Sport-Haley Holdings Inc. has closed its $3.45 million purchase of Indiana-based furniture maker Chromcraft Revington.
More

New U.S. 31 bypass around Kokomo nears opening

November 11, 2013
Associated Press
The opening of the new 13-mile stretch around Kokomo's east side will be a key step in the state's project to upgrade the most-congested sections of U.S. 31 between Indianapolis and South Bend.
More
Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

ADVERTISEMENT