FEB. 27-MARCH 5, 2026
In 2024, the city of Indianapolis obtained the 15-acre site on the near-east side that formerly housed the Indiana Women’s Prison. Taylor Wooten reports that many questions remain about how it should be redeveloped. Also in this week;s issue, Dave Linquist goes behind the scenes of the decision to create a new restaurant in place of the highly regarded Milktooth in Fletcher Place. And Daniel Bradley tracks the rise in stock price and revenue for Indianapolis-based Elanco Animal Health.
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What’s next for women’s prison? Historic property offers possibilities
City leaders and stakeholders have begun soliciting input and considering options but recognize that years of planning lie ahead.
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Q&A: Investment banker Phil Daniels on the mechanics and emotions of selling a company
Eighteen months ago, Daniels took moved from entrepreneur to adviser when he became president of the Indiana office of Cincinnati-based investment bank ArkMalibu.
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Chef Jonathan Brooks celebrates matriarchs as Milktooth shifts to Arlene’s
The new restaurant, which will offer a lunch format known as meat-and-three, was named for Brooks’ mother, Arlene.
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IU Health surgeon among first to use new shoulder replacement technique
Dr. Jacob Triplet, at IU Health Ball Memorial Hospital in Muncie, recently began using the Stryker Mako SmartRobotics device — a robotic arm surgical system that assists him during a reverse shoulder replacement.
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Elanco stock climbs as company issues favorable earnings report after product launches
Elanco Animal Health Inc. stock hit a 52-week high this week after the company posted double-digit revenue growth in the fourth quarter, driven by sales of some of its newest products.
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Mark Montieth: High school hoops referee Dennis Espenlaub has been named one of the greatest
Espenlaub was working varsity games by the age of 23. At 68, he’s still going strong.
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Circle Tower acquired en route to AC by Marriott hotel conversion
The revamp of the historic, Art Deco building likely will begin by August, with completion set for 2027.
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Hotel Tango sells its tasting room, event center businesses
The majority owners of Mooresville-based Black Dog Brewing Co. purchased Hotel Tango’s locations in Fletcher Place.
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Indiana boosts funding for local entrepreneurial programs
The funding will provide matching grants ranging from $5,000 to $40,000 for entrepreneur support organizations.
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San Diego-based sleep health company plans $30M distribution center south of Indianapolis
Based on the company’s job-creation plans, the Indiana Economic Development Corp. has approved $1.75 million in incentive-based tax credits for the project.
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Slapfish seafood restaurant planned at 49th and Penn
The new spot will become the fifth central Indiana location operated by Mark and Lauren Weghorst, joining restaurants in Noblesville, Carmel, Fishers and downtown’s Mass Ave neighborhood.
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New law aims to ease CPA talent crunch
Starting next year, certified public accountant candidates will have an optional pathway to licensure that requires less schooling.
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Editorial: Stadium legislation is just a step in striking a fair Bears deal
The legislation we expect Braun to sign into law only authorizes financing for and construction of a stadium. It doesn’t mandate it. It gives states and local authorities what they need to negotiate with the Bears.
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Lesley Weidenbener: One of the greats has made his way home
Mike Smith was everything a great reporter should be. Urgent, dogged, accurate and fair. His career included an 18-year stop at the Indiana Statehouse where he wrote about the state’s most important issues for the AP.
Read MoreAmanda L. Bonilla: Workers lost to caregiving is drag on state economy
When experienced professionals leave mid-career, businesses lose institutional knowledge, client relationships and leadership continuity.
Read MoreBrent Yeagy: Unfair trade: An Indiana manufacturer’s call to action
The historic rise in underpriced imports poses a significant risk to both U.S. economic and national security.
Read MoreMark Mayer: Marketing ‘unplugged’ time to digital natives needs nuance
Unplugging does not have to mean disappearing into the wilderness. It doesn’t have to be preachy.
Read MoreMickey Kim: S&P 500, a core holding in ‘safe’ portfolios, is out of balance
For millions of Americans, their 401(k) or IRA is their largest financial investment, and many of those accounts are tethered to S&P 500 index funds.
Read MoreCecil Bohanon and John Horowitz: Olympic Games are a gold mine of economic principles
The Olympics remind us that while the financial rewards are uncertain, the human drive for excellence, identity and meaning remains one of the most powerful economic forces in the world.
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Riviera Club calls on members to pay extra $1,500 fee to keep facility open
The 93-year-old, members-only club has sustained about $1.85 million in operating losses during the past four years and is trying to meet its most pressing financial obligations.
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IU launches umbrella group for real estate, research and life sciences work
IU Inc. was approved unanimously by the university’s board of trustees during its monthly meeting Friday in Indianapolis.
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