JAN. 9-15, 2026
At and around Gainbridge Fieldhouse, Herb Simon and his family have spent more than $26 million the past two years buying more than a half-dozen downtown properties. IBJ’s Mickey Shuey details the latest transactions and puts them in the context of the family’s ambitions downtown. Also in this week’s issue, Daniel Bradley explains how the owners of Okonori Japanese High Kitchen tried to distill the spirit of a high-end Asian dining experience in the new Carmel eatery. And Susan Orr reports on a lawsuit claiming that small financial institutions across the state are owed hundreds of millions of dollars held in a state-run bank deposit insurance fund.
Front PageBack to Top
Simons expand property holdings near Gainbridge Fieldhouse
Led by investments at and around Gainbridge Fieldhouse, Herb Simon and his family have spent over $26 million the past two years buying more than a half-dozen downtown properties.
Read More
New Riley Children’s Foundation CEO looks to exceed $300M fundraising goal
Courtney Roberts’ job is to help ensure that when children with serious illnesses, injuries and conditions must be in the hospital, Riley Health is fully funded to meet their medical and care needs and to advance research to also improve care.
Read More
Q&A: Architecture firm is first in state to use employee trust ownership model
Luke Leising founded and leads Guidon, which has more than 90 employees and specializes in designing buildings for medical professionals and hospital campuses.
Read MoreTop StoriesBack to Top
Boonville bank sues state depositor insurance fund
A small bank in southwestern Indiana claims that it and other financial institutions around the state are owed a combined hundreds of millions of dollars that are held in a state-run bank deposit insurance fund.
Read More
Restaurant designer puts stamp in Carmel with upscale Japanese eatery
In November, Kimmie Chang opened Okonori Japanese High Kitchen in The Corner, a new mixed-use development by Indianapolis-based Kite Realty Group at the intersection of East 116th Street and Rangeline Road.
Read MoreDerek Schultz: Decision to keep Colts’ underachieving front office intact flies in the face of proven mediocrity
As we learned on Sunday, everybody at the top of Team Run It Back will be retained.
Read More
Proposal to eliminate sales tax on Indiana utility bills sees some bipartisan support
A Democratic representative and a Republican senator have each filed bills to do away with the state sales tax on utility bills. The measure could save the average ratepayer more than $150 a year, but would see the state miss out on hundreds of millions in tax revenue.
Read More
Indianapolis City-County Council elects Maggie Lewis as president
Lewis, who previously served as council president from 2012 through 2017, succeeds Vop Osili, who announced his decision to step down from leadership in early December.
Read More
INDOT cancels, postpones projects as it applies for tolling option for I-70
INDOT had planned a “major” interchange project near Whitestown but will now break that into three smaller projects.
Read More
Shelbyville officials advance request to annex 429 acres as part of data center plan
Prologis Inc. hopes to build the sprawling, 13-building operation east of the State Road 44 and Interstate 74 interchange on property straddling the city’s eastern boundary.
Read More
Senator seeks more policing, criminal prosecution from state in downtown Indianapolis
State Sen. Michael Young has introduced legislation that could lead to a state takeover of policing and criminal prosecution in downtown Indianapolis.
Read MoreFocusBack to Top
Ritz-Carlton development would add to Indy’s growing roster of luxury hotel offerings
Projected to open in 2028, the 170-room Ritz-Carlton is expected to be one of the most upscale hotels in central Indiana, along with the InterContinental Indianapolis and the Conrad Indianapolis.
Read MoreOpinionBack to Top
Editorial: Let’s motivate the Chicago Bears to defect from Illinois to Indiana
We think there are ways to ensure the region is a net gainer from the endeavor.
Read MoreNate Feltman: An important update at Indiana Lawyer, IBJ
By integrating The Indiana Lawyer into IBJ’s print edition, we significantly expand the audience for its reporting and commentary while adding meaningful value for IBJ subscribers.
Read MoreChris Bailey: Progress, partnership and a safer downtown Indy
Violent crime was down nearly 8% in 2025 from the previous year. Property crime dropped almost 10%.
Read MoreChuck Magro and Zippy Duvall: Let American farmers contribute to American energy
Passing year-round E15 is a common-sense action Congress can take, right now, to support American farmers, lower prices at the pump and create a brighter future for this country.
Read MorePete the Planner: Beware the allure of flashy, urgent ‘opportunities’
Real opportunity has a sneaky way of disguising itself.
Read MoreMandy Haskett: Short-circuiting anxiety might only require a few simple steps
When humans are braced for the next terrible thing, work cultures pay a price.
Read MoreCecil Bohanon and John Horowitz: Don’t rely on Social Security like it’s guaranteed
From 1937 to 1940, retirees received one-time lump-sum payments.
Read MoreLetters: IU must up game in clinical trials
I do not fault Lilly for making its charitable donation to IU. Over the years, Lilly has been extremely generous to our city and state in various ways.
Read MoreIn BriefBack to Top
Single eatery replaces Fishers Test Kitchen restaurant accelerator
Clutch Kitchen, a restaurant founded by Indiana University alum and “MasterChef” competition winner Kelsey Murphy, has taken over the spot previously filled by three counter-service concept eateries.
Read More
Nonprofit group Indy Women in Tech disbands after 9-year run
Indy Women in Tech was formed in 2016 to encourage women and girls to enter science, technology, engineering and math careers.
Read More
Garfield Brewery, Houlihan’s and Big Woods locations among year’s first closures
The closures are in Garfield Park, the Fashion Mall at Keystone and Hamilton Town Center, where a longtime tenant has closed to make way for a new steakhouse.
Read More