Businesses form new coalition in effort to prevent Indy heliport closure
Sunlight Coalition wants to convince the FAA to reverse its decision to allow the Indianapolis Airport Authority to close the heliport and sell the property to the city.
Real Estate
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Large package of farmland hitting auction block near Lebanon’s LEAP District
The largely agricultural area has been in the spotlight for several years since state economic development officials began assembling thousands of acres of land for the district.
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Franklin country club plans its own restaurant after Big Woods exits
The future restaurant owned and operated by Hillview Country Club will be open for dining to both club members and the general public.
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Local developer eyes revamp of Broad Ripple funeral home site to apartments
The project would be something of a cousin to The Ripple, a 36-unit apartment and retail development that opened in 2020 across Broad Ripple Avenue.
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Q&A: Radio Shack sale led to a career in construction industry
Adam Campagna’s work in central Indiana’s construction industry has shifted from creating partnerships for vertical construction projects to those focused specifically on infrastructure.
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Articles
Indiana House adds $50M in regional tax credits to IEDC bill
The bill requires the Indiana Economic Development Corp. to set aside $50 million in tax credits — out of the agency’s total allotment of $300 million — for specific regional items. It also establishes rules for the state’s new drone-testing site.
Central Indiana existing-home market opens year with frigid sales
Sales of existing homes in central Indiana fell significantly in January, partly due to a major winter storm that cooled off economic activity through much of the country.
Simon Property Group’s investments pay off
The real estate investment trust bettered Wall Street expectations in 2025, thanks to increases in the rent it charges retailers and the increasing numbers of shoppers and higher sales figures across its 254 properties.
Jack’s Donuts in Greenwood to close permanently
The shop at 3115 Meridian Parke Drive opened in 2017.
Baptist group acquires Johnson County golf course site for seminary, recreation
The Indianapolis-based organization, which serves the Chin community, purchased the 110-acre site with plans for it to become a national destination for church members in 27 states.
Whiskey company to open tasting room along East 46th Street
Circle City Whiskey Co. plans to open a tasting room in March near the intersection of East 46th Street and the Nickel Plate Trail.
Photo gallery: Arrow McLaren opens North American headquarters
During Wednesday’s grand opening event, Arrow McLaren driver Pato O’Ward and CEO Zak Brown said they were looking forward to IndyCar’s newest race this season, the Freedom 250 Grand Prix.
FAA reconsidering heliport closure after Rokita’s intervention
In a letter, Indiana Attorney General Todd said he believes that the $15 million offer made by Chuck Surack prior to the approval of the Indianapolis Downtown Heliport’s sale to the city did not receive due consideration.
IU, Purdue campus investments will reshape downtown
Since IUPUI split in July 2024, Indiana University and Purdue University have poured hundreds of millions of dollars into their respective downtown campuses to grow programs and attract students.
Legislation seeks speedier path to home building
House Bill 1001 would allow single-family houses and duplexes to be approved without a hearing in areas that are zoned residential.
Power over Indianapolis school closures and buildings would shift in revised bill
Charters within IPS borders could choose not to give control of their school buildings over to the proposed Indianapolis Public Education Corp. under a bill that advanced Thursday.
Justus Cos. opens $7.3M headquarters in Noblesville
The Justus Cos., a 116-year-old real estate development and management firm, began moving into the 20,000-square-foot building this month.
Indy Chamber endorses controversial Decatur Township data center proposal
The business organization said it supports “the responsible development of data centers” across central Indiana.
Council committee shies away from moratorium as it weighs data center regulations
The Indianapolis City-County Council Environmental Sustainability Committee met Wednesday evening for the sole purpose of discussing data center development in Indianapolis
UPDATE: Just Pop In! owners to close Broad Ripple location to focus on popcorn production
Just Pop In! owners Carly Swift and Mandy Selke opened their 5,000-square-foot Broad Ripple location in 2018.
Paralyzing winter storms put big chill on US economy, but how much?
Getting a handle on the disruption costs of winter weather disasters isn’t as easy as, say, calculating the value of buildings destroyed by hurricanes, floods and fires.
Indiana’s first padel facility opening in Westfield
The new facility has two courts dedicated to padel, a fast-growing racquet sport that blends elements of tennis and squash.
Heartland Ventures launches $60M investment fund
Heartland’s investors are established Midwestern companies—businesses such as manufacturers, construction firms, logistics providers and real estate firms—and it makes investments into early-stage industrial technology startups with products that could benefit those investors.
Second Helpings to double storage capacity with new warehouse space
The Indianapolis hunger-relief agency is gaining some much-needed breathing room with a new warehouse space within walking distance of its headquarters at 1121 Southeastern Ave. Second Helpings is set to host a grand opening for the facility Wednesday.