Michigan firm eyes tax break for planned 79th Street industrial building
The property tax abatement would save Alidade Capital about $505,174 in taxes over a five-year period, and maybe more depending on the type of tenant it lands.
The property tax abatement would save Alidade Capital about $505,174 in taxes over a five-year period, and maybe more depending on the type of tenant it lands.
Teams must undergo a quarantine and testing period when they arrive in Indianapolis—and no one from the schools was allowed to make the trip without seven consecutive days of negative tests.
Visit Indy plans to bring in a small group of “key decision-makers” from across the United States throughout the tournament, with the goal of letting major event executives safely see Indianapolis’ capabilities.
When you talk about that body of experience [for Indianapolis], it makes this doable. It gives you an experience base that you can tap into, to pull things together.
The funding is part of an overall $1.9 trillion bill that could send as much as $5.87 billion to the state, including roughly $237 million to Indianapolis and another $187 million to Marion County.
The company said Wednesday it plans to install its 5G+ service in the seating bowl, concourse area and exterior spots at the stadium ahead of the Final Four.
A typical PRI Show brings upwards of 67,000 people to Indianapolis and generates an economic impact of $65 million, making it one of the city’s largest annual events.
Jeremy Stephenson, who started 1820 Ventures a year ago after leaving Indianapolis-based apartment developer Milhaus, intends to develop the 103-unit project near the middle of the Elevator Hill campus.
IBJ spoke to Butler University President James Danko and Athletic Director Barry Collier about how this years tournament and the school’s back-to-back trips to the Final Four—intertwine.
The state is expected to benefit from more than $140 million in economic impact and national exposure from the NCAA men’s basketball tournament alone, which will bring 67 games to Indianapolis, Bloomington and West Lafayette starting March 18.
Other than a few facilities that will be COVID testing sites, team lounges or overflow areas, most event spaces that usually glean revenue from tournament gatherings could be left out in the cold.
Former JW Marriott employee Lisette Woloszyk watched things go from bad to worse in March, as cancellations for the city’s hotels racked up alongside COVID-19 cases.
Jason Welch hopes his Indy Executive Cleaning will retain the customers it’s gained in the past year.
One of the biggest changes fans will see this year will be in ticket sales, which are being limited to one game at a time instead of multiple-game sessions.
The closure will be used by the Indianapolis Cultural Trail and the NCAA for various activities throughout the NCAA tournament.
The State Farm College Slam Dunk & 3-Point Championships will be held at Hinkle Fieldhouse, along with a historic black colleges and universities all-star game.
The airport will be ready for visitors in town for the tournament with new March Madness signage, NCAA-sanctioned pop-up retail shops and enhanced staffing.
The Indianapolis-based developer plans to break ground later this year on the building—its first at the 93-acre site that on the east side Ambrose has branded Indianapolis Central Logistics Park.
Even after the NCAA said Feb. 19 that some spectators will be allowed at the games, local tourism officials and economists are still tempering their financial expectations.
The 44-page report, made public Friday, examines the events of May 29 through June 1, when social justice protests took over the streets of downtown Indianapolis following the death of George Floyd in Minneapolis.