The leader of the Indiana House said he plans to skip votes on a major gambling-related bill after a casino investor arranged a local government contract for his law firm.
Legislation that will help fund a renovation of Bankers Life Fieldhouse will do much more: It will bail out the Capital Improvement Board, which is headed for insolvency without the additional revenue.
Little progress has been made in replacing Anthem Inc. in the Monument Circle building that, until the end of last year, served as headquarters for the Indianapolis-based health insurance giant.
On the morning of April 12, the Capital Improvement Board voted unanimously to approve a Pacers deal that will cost the quasi-governmental entity nearly $800 million over the next 25 years. But until that morning, there had been no public discussion hinting that a deal would be so costly.
Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.
The vote came on the eve of a CIB board meeting, during which members will consider a 25-year deal with the Indiana Pacers that is meant to keep the team in Indianapolis well into the future.
A 43-year-old pizza chain with more than 100 restaurants in 22 states is planning its first foray into Indianapolis with a location near the airport. It also plans a Whitestown location early next year.
Debt payments will be due before all the buildings are completed. But Carmel officials say the delays shouldn’t cost taxpayers because of safeguards the city and the developer put in in place years ago.
A top Indiana budget writer doesn't expect much of a state tax revenue boost if legislators approve proposals to legalize sports betting and allow new casinos in Gary and Terre Haute.
State lawmakers on Monday significantly amended legislation designed to provide long-term funding mechanisms to the Capital Improvement Board, keep the Indiana Pacers in the city for at least another 25 years and support building a permanent soccer stadium for the Indy Eleven.
The Indianapolis International Airport is using a California firm’s motion-analytics platform in an effort to provide travelers with real-time updates on security checkpoint wait times and to monitor foot traffic in other parts of the airport.
The mayor and his backers see the city’s transformation as a resounding success. But some residents say it’s been too much, too fast, and has left parts of their community almost unrecognizable.
Founded in Houston, Code Ninjas plans schools in Fishers and Zionsville. Also this week: Serendipity Labs, Ulta Beauty, WoodSpring Suites, The Odyssey restaurant and Root 31 plant shop.
This photo shows the the southeast quadrant of Monument Circle in 1925, shortly after the Continental Bank building—later expanded and renovated into the IPL building—was constructed.
