2025 Year in Review: Data center projects spur opposition, investment in power generation
Indianapolis-based Citizens Action Coalition estimated in September that there were 40 data centers active or proposed in the state.
IBJ Staff
Articles
2025 Newsmaker: Carlie Irsay-Gordon, Casey Foyt, Kalen Jackson
Irsay-Gordon, Foyt and Jackson moved into new roles with the Indianapolis Colts and became the franchise’s full owners following the death in May of their father, Jim Irsay.
2025 Newsmaker: DuJuan McCoy
Indianapolis native DuJuan McCoy—already the owner of WISH-TV Channel 8—announced in October that his company, Circle City Broadcasting LLC, had reached an agreement to acquire WRTV-TV Channel 6.
2025 Year in Review: New property tax law forces tough decisions in cities
Motivated by rising property tax bills caused in part by rising home prices, Gov. Mike Braun and the Republican-majority Legislature last spring upended the funding structure for local government and forced tough budgeting decisions in cities and towns.
2025 Newsmaker: Gov. Mike Braun
Gov. Mike Braun became Indiana’s fourth consecutive Republican governor when he was sworn in on Jan. 13, following GOP Govs. Eric Holcomb, Mike Pence and Mitch Daniels. But Braun’s administration has had no interest in carrying the torch of his predecessors.
2025 Newsmaker: Michael-Paul Hart, Jesse Brown, Andy Nielsen and Crista Carlino
Five Indianapolis City-County Council members, including three from the mayor’s own party, called on Democratic Mayor Joe Hogsett to resign following an investigation into how his administration handled allegations of sexual harassment by the mayor’s former chief of staff.
2025 Newsmaker: Herb Simon, Stephen Simon
Boxcar Development LLC, a holding company for a group of investors led by the Simon family, plans to officially break ground on the $320 million hotel complex at Georgia and Pennsylvania streets next spring, but work to clear the former CSX building from the site and prep it for construction is well underway.
2025 Newsmaker: David Ricks
As of Nov. 13, Eli Lilly and Co.’s market capitalization was $967 billion and flirting with a rare $1 trillion. Its stock price in November surpassed $1,000 per share, up more than 25% for the year.
2025 Year in Review: Colts owner Jim Irsay dies at 65, daughters take over team
Indianapolis Colts owner, philanthropist and music lover Jim Irsay died on May 21 at 65 years old, leaving full ownership of the NFL franchise to his daughters, who had all been active in the organization for years.
2025 Year in Review: Gov. Mike Braun launches audit of IEDC and related organizations
The investigation, which Braun labeled a “forensic audit,” launched in May and continued through the summer, leaving work by Elevate and other organizations in limbo and raising questions about whether the state would continue to invest in fledgling companies
2025 Year in Review: City offers developers lifeline for Gold Building but seeks new bid for City Market project
Mayor Joe Hogsett’s administration offered a lifeline in September to Indianapolis-based developers Gershman Partners and Citimark in their efforts to redevelop the Gold Building downtown, a project that has been hampered by financial challenges that nearly derailed it.
2025 Year in Review: Revenue shortfall strains budget
The final budget boosted the tax on cigarettes by $2 per pack, with similar hikes on other forms of tobacco. Those tax increases were expected to generate $850 million over the two-year budget cycle.
2025 Year in Review: Fallout from accusations against Hogsett adviser continue to plague administration
More than 18 months after accusations surfaced in the media that Joe Hogsett’s former chief of staff and campaign manager had sexually harassed three women, the fallout continues for the Indianapolis Democratic mayor and his administration.
2025 Year in Review: Christkindlmarkt drama continues in Carmel
Finkam appointed new members to the board, which approved a revised operating agreement between the nonprofit and the city. But the controversies continued.
2025 Year in Review: Nuclear company plans $4B energy park, HQ
First American Nuclear, a startup developing a fast-spectrum small modular reactor for nuclear energy, announced on Nov. 4 it is planning to invest more than
$4 billion to move its headquarters to Indiana and develop a nuclear plant and “energy park” in the state.
Ken Nunn, one of Indiana’s most prominent personal injury attorneys, dies at 85
A Jeffersonville native, Nunn built a personal injury firm based in Bloomington that has roughly 90 employees after a tough start in life that included briefly dropping out of high school and spending time in jail for theft.
UPDATE: Democrats announce plans to elect Maggie Lewis, John Barth as new council leaders
Lewis previously served as president from 2012 to 2017. The council—which Democrats control 19-6—will make the decision official at the Jan. 5 council meeting.
Hunger-relief nonprofit Hatch expands board with all-star lineup
The list of new directors includes a former Indiana governor, a former U.S. secretary of agriculture and the former CEO of Tyson Foods.
Existing-home sales in central Indiana see November decline
Sales were down overall despite big jumps in Boone, Hancock and Hendricks counties, according to the latest data from the MIBOR Realtor Association.
Dave Neff named president and CEO of 500 Festival
Business and philanthropic leader Neff will take over for Bob Bryant, who is retiring after 12 years of leading the nonprofit.