Hamilton County indoor football team to be called Fishers Freight
The Freight plans to begin home games at the new Fishers Event Center in March 2025 and will be joined in the 8,500-seat venue by the Indy Fuel hockey team by the end of 2024.
Mickey Shuey
Articles
Photo gallery: Indianapolis Zoo chimpanzee exhibit set for May debut
About 20 chimpanzees are expected to be on site when the $25 million exhibit opens to the public, with the facility able to accommodate up to 30 adult apes.
Palou partners with DHL for primary sponsorship of 2024 IndyCar ride
Palou and Chip Ganassi Racing have agreed to a multi-year partnership with logistics company DHL to sponsor the No. 10 Honda car.
Oldest Catholic church in Indy plans $2.7M parish center downtown
Officials with St. John the Evangelist want to build the 2,800-square-foot facility as part of a larger $5.5 million renovation that started in 2021. They hope to finish in time for the huge National Eucharistic Congress planned for Indianapolis in July.
IU names University of Missouri vice chancellor to lead Indianapolis campus
Latha Ramchand was selected following a national search and will oversee more than 400 undergraduate, graduate, certificate and professional programs, growing research focal areas and an evolving urban campus that serves more than 20,000 students.
Warehouse drones scan codes to help track inventory
Greenfield-based Progressive Logistics and Indianapolis-based Langham Logistics are both working with Pittsburgh-based Gather AI Inc. to use drones to scan and track items in their facilities.
Alabama firm buys Keystone, Greenwood shopping centers for $27.5M, seeks more upscale targets
The company’s primary investment focus is unanchored shopping centers located in more affluent areas of major cities. Its founder sees Indianapolis “as one of the most attractive cities in the Midwest.”
Council votes to approve creation of downtown enhancement tax
The 19-5 vote, which followed party lines, creates an economic enhancement district—or EED—bound by North, East, South and West streets—the Mile Square—that would see increases to property taxes within those boundaries.
City-County Council approves downtown sports taxing district, purchase of Broad Ripple Family Center
The council also approved tens of millions of dollars in bonds to support the redevelopment of Old City Hall, a demolition of the former Jail I building and renovation of portions of the City-County Building. Also passed Monday was a plan to create a study commission on the use of artificial intelligence.
Indy’s retail real estate market is bouncing back after pandemic
Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.
Pacers to sell 15% ownership stake in franchise to billionaire Steven Rales
Rales, a businessman and film producer, will increase his stake in the team from 5% to 20% with the acquisition, which is pending approval of the NBA.
Department of Metropolitan Development director Carr takes job with Parks Alliance
Rusty Carr was hired to the DMD post after two separate stints as interim director. His final day with the city will be Dec. 29 and he will begin at The Parks Alliance on Jan. 2.
Financing plan for Broad Ripple Park Family Center advances despite neighborhood group concerns
A City-County Council committee on Tuesday unanimously recommended approval of a measure that would allow up to $26 million to be spent to acquire the new Broad Ripple Park Family Center.
Trio of Indianapolis affordable apartment projects receive tax-credit boosts
Bridges Townhomes on the east side, Grand Meridian on the near-north side and Richardson Townhomes at the Central State Hospital campus each received tax credits as part of the 9% Low-Income Housing Tax Credit program for 2024.
City dismisses application of 1923 law on development of historical burial grounds
The city’s findings dash the hopes of a historical preservation group that the old law would require a full excavation of the city’s first public cemetery site before work could begin on a bridge over the White River and a proposed Indy Eleven soccer stadium.
City committee checks box on downtown taxing district for soccer stadium
As approved by the Metropolitan and Economic Development Committee, the district would collect various taxes to cover a portion of the cost for the stadium at the proposed Eleven Park development. The City-County Council now must weigh in.
City committee delays decision on bond plan for buying Broad Ripple Family Center
The move follows pushback by several neighborhood groups on the north side who expressed concern about the city’s plan, which could rely heavily on the Midtown tax-increment financing district to repay bonds issued for the acquisition.
Younger Simon uses his influence as Pacers co-owner to better Indiana
The eldest son of Indiana Pacers majority owner Herb Simon has made passionate forays into civic engagement, creativity and philanthropy.
All-in cost of Pan Am Plaza hotel, convention center expansion might surpass $1.6B
The city on Wednesday and Thursday sold $581 million in bonds for the development through the Indianapolis Local Public Improvement Bond Bank, consisting of $436.8 million in tax-exempt revenue bonds for the hotel portion of the project, and another $155 million for the convention center expansion.
Neighborhood groups set to oppose city’s plan to acquire Broad Ripple Park Family Center
Several Indianapolis neighborhood groups are taking issue with the city’s plan to spend up to $26 million in tax revenue earmarked for neighborhood redevelopment to acquire the new family center.