IT firm plans $24 million data center
The city’s Metropolitan Development Commission will consider providing Lightbound LLC with property tax abatements to offset
investment cost.
IBJ Staff
Articles
Library board saves branches, seeks long-term fix
The Indianapolis-Marion County Public Library board of trustees agreed Thursday to keep open two library branches targeted
for closure next year. Board members also outlined $2.5 million in proposed budget cuts for 2011 to help stem the growing
gap between revenue and expenses.
Appeals court reverses Bargersville annexation
The Indiana Court of Appeals on Thursday overturned the town of Bargersville’s annexation of land that Greenwood officials
also wanted to take over, saying it failed to get the required consent from property owners.
Restaurants eye new locations from Carmel to Greenwood
Cooper’s Hawk Winery & Restaurant, which will take the old Bahama Breeze space on East 96th Street, is one of four that are
planned.
Indianapolis launches three Web business tools
The sites offer insight into government contracts and other business activities of local government.
Illinois firm to build used oil plant in Speedway
The $40 million project along West 10th Street could create 75 jobs by 2013.
Kansas City arts executive named general manager of new Carmel center
Douglas Tatum, former executive director of the Arts Foundation of Kansas City, will start at the Center for the Performing
Arts July 26.
IndyFringe Festival show spotlights teen relationships
The festival has added a play called “don’t u luv me?” that explores how signs of affection can morph into
controlling abuse through text messages.
Cummins gets upgrade from Moody’s
The company’s rating rose one notch because it has taken steps to insulate itself from economic downturns.
NFP of NOTE: Central Indiana Land Trust
Through land protection, stewardship and education, the Central Indiana Land Trust protects natural areas, improving air
and water quality and enhancing life in our communities for present and future generations.
EDITORIAL: Deal for Pacers is worth making
Conseco Fieldhouse does not belong to the Pacers, but to the city. And we need the Indiana Pacers.
Gleaners CEO to step down after nearly 30 years
The 63-year-old head of the central Indiana food bank plans to leave after a nationwide search for her successor. She departs
as the group ramps up plans to move into a new headquarters.
IT staffing firm plans downtown expansion, 80 new jobs
Smart IT Staffing Inc said Wednesday morning that it plans to expand its Indianapolis headquarters, creating up to 80 new
jobs by 2014.
Federal agents raid University Loft headquarters
Agents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison said no arrests were made.
Ohio manufacturer consolidates distribution in Indy
Cleveland-based Earnest Machine Products has signed a five-year lease for an existing 90,000-square-foot building in Park
100 on the city’s northwest side.
Indianapolis-area homes sales decline 10 percent
However, average home-sale prices for the area sprouted 7 percent from the same month a year earlier, to more than $159,000.
City makes $33.5M deal to keep Indiana Pacers
The city will contribute $10 million annually for three years toward Conseco Fieldhouse operating expenses. It also will provide
at least $3.5 million for capital improvements.
City receives $4.9 million for homeless initiatives
Federal funds will help provide 69 additional beds in three Indianapolis locations, including a large apartment
complex on the east side.