Regional News

Developer seeks $11.5M subsidy for Carmel project

July 21, 2014
Andrea Muirragui Davis
Edward Rose Development Group is asking the city to issue tax-increment financing bonds to help pay for a parking garage and infrastructure in an $80 million project it's planning.
More

Hospitals' occupancy declining over long termRestricted Content

July 19, 2014
J.K. Wall
Advances in non-invasive surgeries, changes in health care financing and now increasingly price-sensitive patients accelerate what has been a 40-year decline in the number of patients spending the night in hospitals.
More

Spec distribution center fully leased in AnsonRestricted Content

July 19, 2014
 IBJ Staff
A joint venture between developers Browning Investments Inc. and Duke Realty Corp. announced July 15 that Chattanoogo Tenn.-based Kenco, a third-party logistics provider, has taken the remaining 257,000 square feet.
More

Clock ticks on Wigwam's fate

July 18, 2014
Associated Press
Anderson officials say the city will take ownership of the iconic gym, but only if it has a binding agreement by Sept. 2 with a group to reopen the Wigwam.
More

Report: Carmel panel may face TIF shortfall but can pay debts

July 17, 2014
Andrea Muirragui Davis
New financial projections suggest the Carmel Redevelopment Commission will have enough annual revenue to pay its debts for the next 15 years before dipping into reserves. But property taxes from the city’s two-dozen TIF districts could fall more than $1 million short as soon as next year.
More

Indy home sales likely slowing to 'new normal'

July 16, 2014
 IBJ Staff
Home-sale agreements tumbled 14.9 percent in the nine-county Indianapolis area in June, the tenth straight month deals have decreased, according to F.C. Tucker Co.
More

GM planning $27M investment in Bedford plant

July 16, 2014
Associated Press
The automaker filed a tax abatement request for the Bedford factory project, saying it would add about 40 jobs and raise the plant's employment to some 650 workers.
More

Tower maker gets OK for factory, plans to hire 600

July 16, 2014
Associated Press
Nello Corp., a South Bend firm that manufactures steel towers, plans to sink about $60 million into the project.
More

Sallie Mae spinoff Navient tries not to shrinkRestricted Content

July 12, 2014
J.K. Wall
Navient Corp., which employs 2,300 in its Fishers, Indianapolis and Muncie offices, is in the running for a big contract with the U.S. Department of Education even as the student-loan-servicing company faces criticism after admitting it overcharged military service members by millions of dollars.
More

Northern suburbs see blitz of apartment construction

July 12, 2014
Andrea Muirragui Davis
Growing demand for high-end, low-maintenance living is fueling an apartment-building boom in Indianapolis’ northern suburbs—and raising concerns among some leaders about the risks of adding too much too fast.
More

UPDATE: Hoosier roots keep Jarden Home HQ in Indiana

July 9, 2014
Andrea Muirragui Davis
Jarden Home Brands considered out-of-state sites for a new distribution center to serve its growing consumer-products business, but leaders opted to stay close to home. The Daleville-based company plans to move its headquarters to Fishers.
More

Jarden Corp. unit plans HQ in Fishers

July 9, 2014
Andrea Muirragui Davis
A subsidiary of the consumer products giant behind Ball jars, Yankee Candles, Crock-Pots and Coleman tents plans to spend nearly $22 million to open a regional headquarters and distribution center in Fishers that could employ nearly 300.
More

Group backs out of deal for Anderson's Wigwam

July 9, 2014
Associated Press
Officials say a private group has decided not to take over Anderson's closed Wigwam gymnasium, leaving the fate of the 9,000-seat venue uncertain.
More

Greensburg factory to invest $28M, add 250 workers

July 8, 2014
 Associated Press and IBJ Staff
Workers will be hired as global firm Valeo buys new equipment for its 400,000-square-foot engine cooling factory to start new product lines for Honda, Nissan, Chrysler and Ford.
More

Hoosier Environmental Council opposes dam on White River

July 8, 2014
Associated Press
The Hoosier Environmental Council has added its name to the list of environmental groups opposing a proposed seven-mile long reservoir along the White River in central Indiana.
More

Transfer of Anderson gym awaits additional approval

July 7, 2014
Associated Press
The Anderson City Council will have to approve the city's involvement in the transfer of the closed 9,000-seat Wigwam gymnasium to a private group planning to reopen it.
More

Medical device maker to hire 112 in Plainfield

July 1, 2014
Mason King
Global firm Covidien LP plans to consolidate U.S. operations for servicing its medical devices in central Indiana, renovating its existing 70,000-square-foot facility in the process.
More

Golf-soccer hybrid tees off at five Indiana courses

June 28, 2014
Andrea Muirragui Davis
Burned by the economic meltdown and the scorching summer of 2012, five Indiana golf courses are rolling out a new game this year in hopes of bringing a little more green to their greens.
More

Muncie launches 'quiet zone' push to benefit hotel

June 26, 2014
Associated Press
Muncie's push would benefit a $40 million Courtyard by Marriott hotel slated for a groundbreaking later this year and set to open in fall 2015 just north of CSX Transportation and Norfolk Southern tracks.
More

Investors in church-related fraud to get most of their money

June 24, 2014
Associated Press
Investors will get 70 cents for every dollar they invested in an $85 million Ponzi scheme operated by a fundraising branch of the Church of God.
More

Feds raise several issues about proposed reservoir

June 24, 2014
Associated Press
Two federal agencies are raising questions about a proposed $400 million Mounds Lake Reservoir, including the plan's failure to address alternatives to damming the White River.
More

Novitex plans closure, 155 job losses in Plainfield

June 24, 2014
 IBJ Staff
The company said in a letter to the Indiana Department of Workforce Development dated Monday that it expects to begin closing operations at 2799 Reeves Road in late August with permanent closure occurring by early September.
More

Muncie leaders keeping close eye on vehicle project

June 22, 2014
Associated Press
Muncie officials are carefully watching a project that promised to bring hundreds of jobs to the city, saying the company's production schedule doesn't match up with timeframes announced last year.
More

Westfield scores $20M indoor soccer facility, restaurant

June 21, 2014
Andrea Muirragui Davis
Real estate developer Holladay Properties plans to build a $20 million indoor soccer facility at Westfield's Grand Park, providing a year-round venue at the sprawling sports campus—and a home for south-side institution Jonathan Byrd's first restaurant in Hamilton County.
More

Carmel retailers play defense against U.S. 31 construction

June 19, 2014
Andrea Muirragui Davis
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
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:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
  1. Here are a few candidates for this new group, "ripped from the headlines." First up, that bizzaro State Senator Brent Waltz; secondly, the unethical Todd Huston, and his contractual arrangements scheme; Finally, but not least of all, the dishonorable Eric Turner. What sayeth you Greg Zoeller?

  2. Good day. I can't hide this great testimony that take place in my life I will love everyone to know it and be partaker that is why I always place it on answer, I am Mrs,Natalie Cuttaia by name, I live in Texas, United State Of America, I want to thank (Mr.Bruce Brandon) for his kindness upon my family life. I never knew that there is still nice lender like this on internet and earth here. Just some Months Back, I was in search for a loan of $100,000,00 as I was running out of money for feeding and rent. I was scammed $6,800 Dollars and I decided not to involve my self in such business again but a Friend of my introduced me to a loan firm due to my appearance and doings. And I told him that I am not interested of any loan deal anymore but he told me that there is still a nice lender who he will recommend me to, and I made a trial and I am most grateful lucky am I today, I was given a loan amount of $100,000.00usd, by this great Company (Bruce Brandon Loan Company) managed by (Mr.Bruce Brandon) If you are in need of a genuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds I will advice you to, contact him via: ( bruce.brandon071@gmail.com ) And you will be free from scams in the internet. All thanks to Mr.Bruce Brandon You are the one who remove me and my family out of poverty. The reason why i am doing this is that, i promise Mr.Bruce Brandon that if i truly got my loan, i will advertize his company and bring customers to his company. Contact him via ( bruce.brandon071@gmail.com )for the Loan you have been looking for..

  3. Hello, We are firm Organization formed to help people in needs of helps,such as financial help. So if you are going through financial difficulty or you are in any financial mess,and you need funds to start up your own business,or you need loan to settle your debt or pay off your bills,start a nice business, or you are finding it hard to obtain capital loan from local banks,contact us today via email mrsroseberrywilkinsfunds.usa@gmail.com So do not let these opportunity pass you by because Jesus is the same yesterday, today and forever more. Please these is for serious minded and God fearing People. Your Name: Loan Amount: Loan Duration: Valid Cell Phone Number: Thanks for your understanding to your contact as we Await Regards Management Email:mrsroseberrywilkinsfunds.usa@gmail.com

  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

  5. Aldi is generally a great shopping experience. Still, I'm sure YOU wouldn't want to shop there, which I consider a positive.

ADVERTISEMENT