Big deals provide economic momentum; state still must focus on workforce
Experts say Indiana can’t take its foot off the proverbial gas; state economic development leaders say they are moving in the right direction.
Mickey Shuey
Articles
Developer wins MDC approval for $168M project near Fashion Mall
The Metropolitan Development Commission gave unanimous approval to The Alexander at the Crossing project despite heavy pushback from neighbors. The proposal will next be considered by the City-County Council for final approval.
Keystone seeking zoning OK for redesigned Alexander project across from Ironworks on 86th Street
Local developer Keystone Corp. has drafted new plans for its long-simmering Alexander at the Crossing mixed-use project that includes 275 apartment units, plus retail and office space and a hotel. Some nearby residents are opposed to the project for its size and density, as well as for further commercializing 86th Street.
2022 Innovation Issue: NFTs coming of age in sports and entertainment
Digital collectibles aren’t replacing trading cards or bobbleheads quite yet, but local sports franchises like IndyCar and the Indianapolis Colts are eyeing them as a marketing tool that could attract younger fans.
McLaren to spend $25M to build IndyCar facility in Whitestown
Company officials said the project will allow Arrow McLaren SP—its IndyCar operation—to run three full-time entries in the IndyCar series in 2023
Stage set for Indiana’s global summit on economic issues
The Indiana Economic Development Corp., which focuses on bringing new business to the state, originally planned to host the Indiana Global Economic Summit in 2020 before the pandemic curtailed travel and meetings.
UPDATE: Lilly to anchor state’s new innovation district with $2.1B in manufacturing facilities
The Indianapolis-based drugmaker said Wednesday the project in Boone County will create up to 500 jobs in central Indiana, along with up to 1,500 temporary construction jobs.
Circle Centre owners take first steps in recasting downtown mall
The ownership group plans to begin conversations with potential developers in the near future, after receiving suggestions from four design groups for remaking the massive property as a mixed-use district.
NFL Scouting Combine staying in Indianapolis through 2024
Indianapolis, which has hosted the event since 1987, beat out competing bids from Los Angeles and Dallas.
Penske focuses diversity efforts on hiring, contractors, kids
Penske Entertainment is nearly two years into its formal effort to promote diversity at the Speedway and in open-wheel racing. Experts and advocates say firm has made significant progress, but there’s still much more to do.
Developer seeking incentives for $12.5M revamp of Mass Ave building
Landmark formally acquired the building for $4.6 million in April and has already started demolition work inside the structure.
City commission delays rezoning hearing for controversial Willows project
The Metropolitan Development Commission continued a public hearing on the Willows redevelopment project near Broad Ripple following requests for a postponement by both the developers and remonstrators.
Hundreds of apartments, townhomes proposed in southeast Indy by S.C.-based firm
The complex at 4822 E. Edgewood Ave. would consist of 280 apartments and 96 townhomes, as well as four commercial outlots. But the nearly 20-acre footprint needs to be rezoned.
Indianapolis Motor Speedway teams with Caesars on sports betting lounge
The lounge is part of a larger agreement between the gambling company and Indianapolis Motor Speedway that makes Caesars the official sports betting partner of the racetrack and the Indy 500.
Indy hosts summer-long NBA 2K League esports season
The league wants to draw fans to its studio inside Pan Am Pavilion to watch the games and engage with players, whose teams are mostly associated with NBA franchises.
Neighbors fight dense White River development near Broad Ripple
The siblings who own soon-to-close Willows Event Center on Spirit Lake want to redevelop the site into more than 250 apartments and town houses.
DMD recommends approval for controversial $61M Willows project
The Indianapolis Department of Metropolitan Development on Thursday said the redevelopment of The Willows Event Center property north of Broad Ripple into more than 250 apartments and town homes should be permitted to move forward.
Apartments added to hotel proposal on south side of downtown
The development team behind a hotel planned for a parcel across from Shapiro’s Delicatessen in downtown Indianapolis is adding about 60 apartments to the mix, as well as a rooftop restaurant.
Local developer plans new headquarters, restaurant in Broad Ripple
Avenue Development plans to construct a four-story office structure in the middle of the 6500 block of Cornell Avenue, directly west of the Monon Trail. The building would include a first-floor restaurant from a well-known local operator.
MDC rejects rezoning effort for $40M residential project on city’s south side
The city’s Metropolitan Development Commission on Wednesday voted 6-0 against a recommendation for Homestead Development LLC’s rezoning request for 13.6 acres at 7525 McFarland Blvd. for more than 300 residential units.