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TIF incentives for $66M downtown project barely pass council committee

August 27, 2019 | Hayleigh Colombo

The council’s Metropolitan and Economic Development Committee voted 6-5 to send two proposals concerning Charles Street Investment Partners’ mixed-use project at 421 N. Pennsylvania St. to the full City-County Council.

Las Vegas ready to bid to host numerous big NCAA events

August 26, 2019 | Associated Press

This is the first year that Las Vegas is eligible to bid after the governing body for college sports indefinitely suspended a ban last year that prevented events from being hosted in states that accept wagers on single games.

Memory Bank: Immigrant works in south-side bakery

August 23, 2019

The Indianapolis Jewish Welfare Foundation helped Berek “Benny” Kaplan and his family immigrate after World War II to Indianapolis, where they helped him get a job at Kraft’s South Side Baking Co.

Kimpton hotel project gets green light for big addition, rooftop bar

August 20, 2019 | Mickey Shuey

Construction of a ritzy hotel in one of downtown’s oldest towers is expected to start by the end of the year, now that the property’s owner has received approvals for changes to the building from historic preservation officials.

Memory Bank: Donut and a movie in the 1950s

August 16, 2019

A theater stood at 150 N. Illinois St. from 1915, when it opened as Keystone Theatre, through 1924 when it became the Alamo Theatre (and charged 10 cents per ticket), until it closed in 1959, about 15 years after it was renamed Rodeo Theatre.

IPS could shed more property to cut costs, boost efficiency

August 16, 2019 | Mickey Shuey

The district next month plans to issue a request for proposals for a comprehensive study of all 71 of its schools and other buildings.

Should this building be saved?

August 16, 2019 | Hayleigh Colombo

Historic preservationists and midtown neighborhood leaders don’t want to lose the Drake apartment building that its owner, The Children’s Museum of Indianapolis, plans to raze.

Editorial: Circle Centre’s office-space plan doesn’t address core challenges

August 16, 2019

It’s time for a big-picture, public discussion about re-envisioning the 791,000-square-foot property—rather than continuing the status quo of having mall officials do the best they can to plug vacancies in the property as it’s currently configured.

Fishers woman to spend years in prison for fraud, identity theft

August 15, 2019 | IBJ Staff

A 25-year-old Fishers woman has been sentenced to nearly five years in federal prison after she pleaded guilty to identity theft and defrauding banks of more than $115,000.

Partners in Tru by Hilton hotel project file suit, allege unpaid development fees

August 13, 2019 | Mickey Shuey

The lawsuit says the men reached an oral agreement in late May 2017 to split the anticipated $1 million development fee evenly, four ways.

Spas seeing more men, using less-is-more approach

August 12, 2019 | Associated Press

Spa visits and the money they generate reached record highs last year in the U.S. with $18.3 billion in revenue driven by 190 million pampering trips, according to the International Spa Association.

U.S. wholesale prices see modest July increase

August 9, 2019 | Associated Press

U.S. wholesale prices ticked up just 0.2% in July, the latest sign that inflationary pressures are largely in check.

Curt Smith: How Hilton Head became such a magical place

August 9, 2019 | Curt Smith / Special to IBJ

Fraser’s first defining burst of brilliance was preserving the natural flora and fauna, including a now-330-year-old oak tree.

Bottleworks adds two more tenants to Garage Food Hall lineup

August 8, 2019 | IBJ Staff

Vendors who sell seafood and distilled spirits have signed leases in the food hall portion of the $300 million Bottleworks development at 850 Massachusetts Avenue.

Gen Con draws nearly 70,000 to Indianapolis, event officials say

August 5, 2019 | Mickey Shuey

The event, which has been hosted by the city since 2003, broke its records for exhibitors, total ticketed events, and for sales of four-day and Sunday badges.

Economic diversity index puts Pennsylvania first, Indiana next to last

August 5, 2019 | Bloomberg News

Bloomberg analyzed the contribution to gross domestic product by industry and government in all 50 states to create the diversity index. Indiana’s GDP is most dependent on manufacturing and least dependent on government.

Long-time ‘haunted house’ relocates to new permanent digs

August 1, 2019 | Susan Orr

Nightmare on Edgewood, which had operated its haunted attraction at the Edgewood Athletic Association for decades, recently moved and will use its new space to lure customers throughout the year.

UPDATE: Children’s Museum to demolish former apartment, Salvation Army buildings

July 31, 2019 | Mickey Shuey

A plan to demolish the 91-year-old Drake apartment building and former divisional Salvation Army headquarters will require zoning approval, the city said Wednesday.

Developers resume plans for $50M, dual-branded hotel on South Meridian Street

July 29, 2019 | Mickey Shuey

Merrillville-based White Lodging and Indianapolis-based REI plan to construct a seven-story, 206-room hotel after putting it on hold earlier this year over concerns about the Pan Am Plaza development.

Airports struggle with patchwork of biometric security systems

July 26, 2019 | Bloomberg News

Reducing travel friction and increasing security are critical for the industry, which is expecting passenger growth from 4.6 billion this year to 8.2 billion in 2037.

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