Sept. 5-11, 2025
Local entrepreneurs tell IBJ they are worried about the impact a dispute between the Indiana Economic Development Corp. and nonprofit venture firm Elevate Ventures will have on the state's startup community, especially for companies in the earliest stages of development. Technology reporter Susan Orr writes that neither the state or Elevate are offering many answers about when—or if—the conflict will be resolved. Also, reporter Taylor Wooten checks in on the Monon 30 project announced four years ago for the Martindale-Brightwood neighborhood. One apartment building has opened, and the developers say more construction is on the way.
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Lingering conflict means angst for startup community
Indianapolis-based Elevate, a nonprofit venture investment firm, has been operating under a cloud since late April when state officials froze its funding.
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Q&A: Distressed property broker and Deadhead seeks levity in tough deals
After more than 30 years in the commercial real estate industry, Jon Hardy has launched his own specialized company focused on helping investors acquire properties in need of care.
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Four years after first proposed, Monon 30 has one building open
Four years after the project was first proposed, the group is still submitting and altering plans for the rest of the project on several former industrial properties along the Monon Trail.
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Will federal action on marijuana inspire Indiana?
Trump said Aug. 11 that he plans to decide in the coming weeks whether to support changes to the way marijuana is regulated.
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Fishers putting final touches on community center
The community center is the latest major project to provide amenities for residents in a city that has grown in population over the past 35 years from 7,500 people to 104,000.
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State contractors who violate anti-DEI policies could face civil penalties
The Indiana attorney general, in coordination with Gov. Mike Braun’s administration, is reviewing all state contracts to ensure that they do not violate the state’s anti-DEI laws.
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Downtown building owners plan $30M apartment, parking garage project
The proposal calls for demolition of the 21 Virginia Ave. building—formerly home to the 500 Festival organization—and replacing it with a nine-story building.
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Midwest Food Bank of Indiana unveils $9M fundraising campaign for new Indy-area warehouse
A new 50,000-square-foot facility would help consolidate and streamline operations, the food bank said.
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State’s exit from GM site ownership signals new economic development approach
“The governor has been very clear: We’re just not in the land development business, and it’s not a core competency,” Commerce Secretary David Adams told IBJ.
Read More Q&A: Distressed property broker and Deadhead seeks levity in tough deals
After more than 30 years in the commercial real estate industry, Jon Hardy has launched his own specialized company focused on helping investors acquire properties in need of care.
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Greenwood retirement complex charts $100M expansion
The new housing will largely serve individuals and couples ages 75 to 85, while new amenities like a clubhouse, indoor pool, wellness and fitness center, restaurant salon and spa will be available for all residents.
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Pete the planner: An open letter to the investments I passed on
I didn’t have the risk tolerance, the cash flow, the patience, or maybe just the courage.
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Derek Schultz: College football pundits can’t stop talking about IU’s schedule
Now, coming off the best season in the program’s modern history, a College Football Playoff campaign that brought both ESPN’s College Gameday and FOX’s Big Noon Kickoff to Bloomington, IU is legitimately in the conversation for the first time.
Read MoreCecil Bohanon and John Horowitz: Acquiring factories shouldn’t be economic focus
There are no more afternoon traffic jams on Kilgore Avenue.
Read MoreGarrett Mintz : To make changes that stick, align purpose, leadership and profit
No matter what promises you made to our board, how rosy a picture could look if you just made this one change or how dire your situation is, if the people being asked to implement the change are not on board with the change, it is never going to happen.
Read MoreNate Feltman: Meeting the AI education challenge
While today these political changes get most of the headlines and attention, it is the disruptions and change that artificial intelligence will bring that will have more long-term economic and societal implications.
Read MoreEmmy Hildebrand: Veteran homelessness is falling but more work is needed
Veteran homelessness has been decreasing since 2015, when 389 veterans were counted during the annual Point-in-Time Count.
Read MoreNathan Gotsch: Surprising Indiana election data suggests a reason for hope
A group of Hoosiers and I have launched a new project called Independent Indiana. Our mission is to make sure people across the state know that running for office as an independent is more viable than they think.
Read MoreEditorial: Indiana’s top credit rating is result of years of fiscal discipline
These ratings matter when the state borrows money for public projects. A AAA rating gives the state readier access to capital at lower interest rates, meaning that projects are constructed for less.
Read MoreLetters: Residency rules are too limiting
It is interesting that only certain city/county employees must live in Marion County [“Change in Marion County’s residency requirement still sought despite committee’s vote,” IBJ.com, Aug. 29]. A good number of police and fire department employees live in adjoining counties. How can some groups be permitted to live outside of the county while others must […]
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Butter fine art fair announces West Coast exhibition in 2026
The event will mark the first full staging of GangGang’s signature fine art fair outside of Indianapolis. Additional pop-up versions are scheduled in Chicago and Miami.
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Pickleball chain plans to open its third Indy-area location near downtown
The new 32,000-square-foot, 12-court club will also feature a pro shop and two private event spaces and plans to host tournaments, youth academies and instructor-led clinics.
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Carmel-based SePro acquires California-based AI startup
SePro offers water-quality analysis services and chemicals that address problems such as algae blooms and invasive weeds in surface water sources ranging from backyard ponds to large lakes and reservoirs.
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