Pacers, CIB talks could extend beyond legislative deadline
The president of the Capital Improvement Board said negotiations on a 25-year deal with the Indiana Pacers are progressing, but a final pact is likely months away.
melina kennedy
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CIB in ‘early stages’ of search for new leader
Capital Improvement Board President Melina Kennedy said her organization has received “quite a few” local and national applicants to replace longtime Executive Director Barney Levengood.
CIB to ask state for millions to help fund long-term needs
City convention officials are gearing up for a big financial ask of the Indiana General Assembly next year as they set out on a $120 million expansion of the Indiana Convention Center at Pan Am Plaza.
Kite to build 2 hotels at Pan Am Plaza; city to spend $120M on attached meeting space
The Capital Improvement Board has selected a Kite Realty Group plan from among three proposals in its effort to expand the city’s convention capacity. The CIB is expected to vote Friday to move the project forward.
Eleven to play rent free at Lucas Oil Stadium, bigger crowds expected
A deal to split the expenses of operating the 67,000-seat venue for 14 or 15 Eleven games this year is still being finalized.
Colts viewers to get 3-D perspective on games at Lucas Oil Stadium
Intel has agreed to pay the city’s Capital Improvement Board close to $110,000 so it can install 3-D cameras and sell 360-degree replays to broadcasters. But the video won’t be played inside the stadium.
CIB wants to up scrutiny on taxes paid by hotels and restaurants
CIB members initiated an effort Friday to partner with the Indiana Department of Revenue to make sure area hotels and restaurants are paying the taxes they should be.
Indy Eleven name investors for MLS bid, identify stadium site
The team says it has put together a plan to raise the estimated $320 million needed to cover the expected $150 million Major League Soccer franchise fee, a new 20,000-seat downtown stadium and start-up costs for the team.
Local hotel revenue growth beats national average
Through November, downtown Indianapolis hotels saw their revenue increase 8 percent over the same period a year ago, far ahead of the national average of 4.9 percent.
Capital Improvement Board passes budget with hefty deficit
CIB Executive Director Barney Levengood implored the board not to be overly concerned about the projected $46 million shortfall. The City-County Council is set consider the budget at its Sept. 25 meeting.
CIB approves $1.63M for Bankers Life, Lucas Oil
Melina Kennedy had a busy first day as president of the Capital Improvement Board but says she hasn’t been approached by Mayor Joe Hogsett or City-County Council members about shaking up the board’s finances—yet.
Hogsett kick-starts mayoral election year with $1.4M
Democrat Joe Hogsett hopes his hefty first round of fundraising—including at least three donors of at least $100,000 each—will prove imposing to any Republican challengers in the wings for Indianapolis mayor.
Kennedy’s growth plans may pit Athletic Annex against company he founded
Bob Kennendy didn’t rule out the possibility of going head-to-head with Runners Forum and Blue Mile, the two dominant specialty running retail stores in this market.
Kennedy partners with Olympic runner to buy shoe chain
Indiana running icon Bob Kennedy believes Movin Shoes Inc. has great potential for growth. Its California location doesn't violate Kennedy's non-compete agreement with Indiana’s BlueMile chain.
Kennedys sell interests in running store chain
Bob and Melina Kennedy have sold their assets in BlueMile, a chain of running and fitness stores they founded 12 years ago as The Running Co. Co-founders Ashley and Andrea Johnson are now sole owners.
Cummins hires ex-Indianapolis mayoral candidate
Melina Kennedy has joined the diesel engine maker’s corporate communications team and will be responsible for executive communications, research and speechwriting for CEO Tom Linebarger.
VANE: Mourdock misses mark with Lugar attacks
Why in the world would any campaign question Lugar’s integrity or Hoosier credentials?
EARLY: Some friendly advice to the Democrats
I realize it is late for a new team to enter the fray.
WINSTON: Ballard won the social media skirmish
If you are going to go after an incumbent who already has online traction, then the order of the day is “Tweet early, tweet often.”
WINSTON: Marion County is key to state Dems in ’12
In 2011, we witnessed what happens when Republicans cut into the Democratic margin in Marion County.