Kresge Foundation grants $1.5M to Children’s Museum
A $1.5 million Kresge Foundation grant will help The Children’s Museum of Indianapolis close in on its $74 million fund-raising
goal.
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Youth, high school events may be next sports thrust
City officials are looking to add youth and high school sports to the roster of collegiate and professional events built up since the city decided a generation ago to pursue amateur sports as an image-enhancing strategy.
Crackdown on bank pay pinches Hoosier execs
When Sen. Chris Dodd decided to wage war on corporate excess, he had Wall Street fat cats in his sights, not people like Bob Jones, the folksy CEO of Old National Corp. in Evansville.
Hoosier architects need to reach out globally
Indianapolis-area architects are missing out on a wealth of outsourced design work for construction projects.
Jefferson Plaza renovation approaches end
The Jefferson Plaza renovation, which has been renamed Allen Plaza after its developer, will include restaurants, office space, condos, and is also working to achieve LEED environmental certification.
CIB approves new round of cost-cutting-WEB ONLY
The Indianapolis Capital Improvement Board yesterday approved $5.8 million in cuts to its annual budget and agreed to defer an additional $2.3 million in building-maintenance costs this year in an effort to shave its swelling operating deficit. The CIB revealed late last month that it is facing a $43 million annual operating shortfall due to […]
Herron High to get remnant of RCA Dome-WEB ONLY
A section of roof fabric from the demolished RCA Dome will be used as a tarp to cover the old Herron School of Art’s so-called “main building” until Herron High School can afford to repair the dilapidated structure. Herron High, a charter school that is not affiliated with IUPUI’s Herron School, purchased the building and […]
Hamaker building changes hands-WEB ONLY
A prominent Meridian-Kessler building at the corner of 49th and Pennsylvania streets has a new owner nearly a year-and-a-half after it first went up for sale. A group of local investors, led by Bryan Chandler of Eclipse Real Estate and Greg Rankin and John Bales of Venture Cos., purchased the 12,000-square-foot Hamaker Corner building in […]
Cabaret ends run; Athenaeum seeks new tenant-WEB ONLY
American Cabaret Theatre’s announcement last week that it would move out of its longtime home at the Athenaeum on Massachusetts Avenue was more than two years in the making. “We just flat ran out of cash,” said Barbara Weaver Smith, the not-for-profit professional company’s board president. “There is no alternative at this moment in time.” […]
Cabaret ends run; Athenaeum seeks new tenant-WEB ONLY
American Cabaret Theatre’s announcement last week that it would move out of its longtime home at the Athenaeum on Massachusetts Avenue was more than two years in the making. “We just flat ran out of cash,” said Barbara Weaver Smith, the not-for-profit professional company’s board president. “There is no alternative at this moment in time.” […]
Former GM plant sells; two others on market-WEB ONLY
The City of Anderson recently sold one of three former General Motors plants, and officials say they’re optimistic that they’ll soon find buyers for the remaining two sites, despite the sluggish economy. “Anderson hit bottom a long time ago,” said Diana Priser, the city’s deputy director of economic development. “We’re on our way back up.” […]
Renewal planned for towers
Developers are working on plans to build new residential or commercial space adjacent to two public-housing towers near Mass Ave downtown. The Indianapolis Housing Agency…
Towers eyed for renewal-WEB ONLY
Two concrete public-housing towers near Mass Ave downtown can seem like a world apart from the bustling, pedestrian-friendly urban neighborhoods nearby. The Indianapolis Housing Agency is hoping to change that. The group is asking developers to pitch plans to build new residential or commercial space on land surrounding the 21-story John J. Barton Apartments at […]
Housing pitched for old St. Vincent
Ivy Tech Community College is working with private developers on a plan to turn the old St. Vincent Hospital into a housing complex…
Old St. V may be rescued-WEB ONLY
Ivy Tech Community College is working with private developers on a plan to turn the old St. Vincent Hospital on Fall Creek Parkway into a housing complex for Ivy Tech and IUPUI students. The developers, Paramount Realty Group and Alboher Development Co. Inc., would get the building and a 100-year land lease on the property […]
Daniels: Hard financial decisions ahead-WEB ONLY
Gov. Mitch Daniels cautioned lawmakers about Indiana’s fiscal challenges during his State of the State speech last night, saying that drafting a new two-year budget this session will be full of hard decisions. But Daniels, sworn in to a second term on Monday, said spending restraints and other actions taken during his first term have […]
Daniels cautions Indiana lawmakers about budget-WEB ONLY
Gov. Mitch Daniels cautioned lawmakers about Indiana’s fiscal challenges during his State of the State speech last night, saying that drafting a new two-year budget this session will be full of hard decisions. But Daniels, sworn in to a second term on Monday, said spending restraints and other actions taken during his first term have […]
Struggling City Market loses subsidy
Indianapolis Mayor Greg Ballard has notified the City Market that the financially strapped city is phasing out its subsidies
to the historic downtown fixture, which account for one-quarter of the market’s nearly $1 million budget.Apartment revitalization work begins in Irvington
Apartment developer Christopher Piazza has closed on financing for a $1.2 million renovation of a 1914 apartment building
in Irvington.Quick-notes Friday
–Consider a stop at the Indiana Historical Society some time in the next few weeks. Most of it–including the gift shop, “You are There: 1945 Hoosier Home Front” and the History Lab will be closing to the public beginning Jan….