A pair of historic buildings along 116th Street near Nickel Plate Station are being saved, but that won’t be the case for two other old buildings in the same block that were determined to be “beyond repair.”
The sale of ADESA to Arizona-based Carvana, which KAR announced in February, is part of KAR’s ongoing shift away from physical auto auctions toward digital platforms and tools.
Mark Hall defeated five-term incumbent Hamilton County Councilman Steve Schwartz in the District 3 election. District 3 includes Noblesville, Jackson and White River Townships.
Two newly redrawn Indiana House districts in Indianapolis’ northern suburbs have attracted a total of six Republican candidates looking to advance to November’s general election.
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A panel of Indiana life science experts on Friday said the state could become more competitive for large investments and jobs if it doubled down on the kind of collaborations and partnerships that other states have used to their advantage.
National retailer RH is teaming with a developer to take over Linden House—the 152-acre Indianapolis estate of late businesswoman and philanthropist Christel DeHaan—and turn it into a huge home furnishings showroom, interior design gallery, upscale restaurant, wine bar and outdoor furniture gallery.
The funding included 39 Indiana life-science companies raising $433.5 million last year in venture capital, an increase of almost $200 million compared to 2020, according to a report issued by BioCrossroads.
Construction on the $20 million Rahal Letterman Lanigan Racing team headquarters in Creekside Corporate Park in Zionsville is still a couple of months away from completion.
The depth of the situation came to light after Robyn Dale “Rob” Whitlow, 51, filed for Chapter 7 bankruptcy protection late last month, declaring personal assets of $45,305, balanced against liabilities of just more than $2 million.
According to 2021 Prosperity Indiana data, there are only 37 affordable and available rental homes for every 100 households with extremely low incomes (those with incomes at or below the poverty level or 30% of their area median income), tied for the second-lowest rate among 12 Midwest states.
Security-products company Allegion, which has about 1,300 employees at its Americas headquarters in Carmel, expects to close the largest deal in its history in the third quarter.
There are just 38 affordable units available to every 100 Indiana renters making 30% or less of the area media income, according to the report by the National Low Income Housing Coalition and Prosperity Indiana.
Democrat Kristin Jones has raised more than $115,000 throughout the course of her campaign for Senate District 46 in Indianapolis. Her closest fundraising competitor in a five-way primary reported just over $68,000 in campaign contributions.
WesBanco, a mid-sized bank based in Wheeling, West Virginia, said it has hired two people so far to staff a new loan production office in Indianapolis that will focus on both commercial and mortgage lending.
