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Democrats lure donors with World Series, ‘Hamilton’ contests

October 25, 2019 | Associated Press

To stay afloat in the crowded presidential race, Democratic candidates like Pete Buttigieg of Indiana have upped the ante on fundraising by offering increasingly elaborate rewards contests to donors.

Louis Vuitton maker looks to buy U.S. jeweler Tiffany for $14.5B

October 28, 2019

Tiffany & Co., which has one store in Indianapolis, owns luxury labels ranging from Givenchy haute couture to Sephora cosmetics stores, Hublot watches, Bulgari jewelry and Dom Perignon Champagne.

High-ranking United Auto Workers officer faces embezzlement charges

November 1, 2019 | Associated Press

A high-ranking United Auto Workers official is facing felony charges of embezzlement and fraud, and prosecutors say that several top union officials conspired to steal more than $1.5 million from the union. The Detroit News said one of the unnamed union leaders is union President Gary Jones.

Merritt says collaboration will be key to solving the city’s biggest problems

November 1, 2019 | Lesley Weidenbener

Republican state Sen. Jim Merritt says his campaign for mayor has taken him to places and introduced him to people in the city he never knew before—an experience he wants to continue if he’s elected.

Talking with people, he said, is key to finding solutions to difficult problems.

Luxury pet resort expanding into Hamilton County

November 6, 2019 | Samm Quinn

Barkefellers got its start in 2009 when owners Rick and Christi Coffey decided to open an upscale pet hotel on the south side of Indianapolis.

Hotel plan for King Cole Building gets go-ahead from IHPC

November 7, 2019 | Mickey Shuey

The IHPC voted unanimously to green-light construction plans for converting the King Cole building into a hotel, along with a new penthouse on the roof of the 11-story building suited for a restaurant or bar.

Wisconsin-based sub sandwich chain targets Indianapolis market

November 7, 2019 | Susan Orr

Cousins Subs, which recently opened its first Indiana location in Crown Point, is hoping to open eight to 10 stores in the central Indiana market. Also this week: News on Ellison Brewing and Massage Heights.

French Lick Resort to open hotel addition

November 8, 2019

The addition—part of a $17 million expansion project—are adjacent to the resort’s Event Center and French Lick Casino.

How the sharing economy can fit into your next trip

November 8, 2019 | The Washington Post

Peer-to-peer transactions, in which one party buys a service and the other lands a gig, are on the rise and can be found in every category.

Convention industry swells, but future hinges on Pan Am development

November 8, 2019 | Mickey Shuey

Visit Indy, which isn’t involved in the Pan Am negotiations, is in “somewhat of a holding pattern until we have the exact details finalized and presented to us,” Vice President Chris Gahl said.

Indiana ranks high in hazardous dams that need improvements

November 10, 2019 | Associated Press

Indiana has more than 250 high-hazard dams, a term used when a failure likely would result in the loss of human life. Of those, 65 are rated in poor or unsatisfactory condition

IBJ Podcast: Roger Penske wants to create an ‘entertainment capital’ in Speedway. What does that mean?

November 11, 2019

Podcast host Mason King talked with Penske about his vision for some 950 acres in Speedway, and chats with Speedway Town Manager Jacob Blasdel and local developer Mike Wells about the possibilities.

Penske’s IMS deal means hundreds of acres of opportunity, real estate experts say

November 11, 2019 | Mickey Shuey

The acquisition of Hulman & Co. will give Penske Corp. control of about 37% of all the land in Speedway, making the company the town’s single-largest landowner. Roger Penske said he wants to take advantage of that land.

Developer plans 68-acre project with $32M space park, bowling alley, go-kart track

November 15, 2019 | Kurt Christian

A Westfield developer’s plans for 68 acres next to Grand Park include a major planetarium and space science center, laser tag venue, jump park, bowling alley, indoor/outdoor go-kart track and driving school.

Investor interest keeps Cornerstone busy in medical office building market

November 18, 2019 | John Russell

Indianapolis-based Cornerstone Cos. has invested more than $84 million in recent years to buy medical office buildings, clinics and surgery centers. Now it is about to start its fifth investment fund.

Fast-casual Indian chain to enter Indy market

November 21, 2019 | Susan Orr

The California-based company’s local franchisee is shopping for sites downtown and across central Indiana. Also this week: Best Friends Pet Hotel, Mission 27 Resale, Rize and Dr. Tavel.

Memory Bank: Young Republicans protest price limits in 1946

November 22, 2019

On Oct. 1, 1946, the Young Republicans Club protested the Office of Price Administration, an agency created in 1941 by President Franklin D. Roosevelt to prevent runaway prices, profiteering and hoarding during World War II.

Timeline: Ambrose and the GM stamping plant site

November 22, 2019

Hopes were high nearly 2-1/2 years ago, when Ambrose was selected to redevelop the GM stamping plant site. But the deal has since fallen apart. Here’s the play by play.

Neighboring east-side hotels sold for $30.5M to Los Angeles firm

November 26, 2019 | Mickey Shuey

The three hotels at the intersection of Interstates 70 and 465 have nearly 500 rooms between them. The largest, a Marriott that serves as an overflow hotel for big downtown events, is slated for a renovation that could run between $10 million and $20 million.

Zionsville bolstering craft beer, spirits scene

November 27, 2019 | Kurt Christian

A decade-long business recruiting effort is about to pay off as three businesses prepare to open along a one-mile stretch of Main Street.

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