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UPDATE: Holcomb’s budget proposal calls for funding increases for K-12, higher ed

January 13, 2021 | Lindsey Erdody

The $35.2 billion budget, which Office of Management Director Cris Johnston and Budget Director Zac Jackson presented to the State Budget Committee on Wednesday morning, also restores the state’s reserve balance to $2.3 billion each year.

Bill would give Indy Eleven more time to finalize stadium plan

January 12, 2021 | Mickey Shuey

Indy Eleven officials said last week that they plan to announce a location for the proposed $550 million Eleven Park development—which would include a stadium—by the end of March.

eleven park stadium biz

Hoosiers age 80 and older turn out by the hundreds for COVID-19 shots

January 11, 2021 | John Russell

The Indiana Department of Health said more than 86,000 Hoosiers aged 80 or older had registered as of 4 p.m. Sunday for vaccinations.

Staples seeks to buy Office Depot parent in $2.1 billion deal

January 11, 2021 | Bloomberg News

Staples previously tried to buy Office Depot, but the $6.3 billion acquisition was called off in 2016 amid antitrust scrutiny.

IBJ Podcast: What must Indy do to be ready to host all of March Madness?

January 11, 2021

The logistics needed to pull off the entire NCAA tournament are incredible. But Indianapolis officials tell IBJ reporter Mickey Shuey they are up to the task. So podcast host Mason King talks with Shuey about what he’s learned and what’s left to figure out.

NCAA tournament could give city ‘moment’ on par with Pan Am Games, Super Bowl

January 11, 2021 | Mickey Shuey

Hosting the entire 68-team NCAA men’s basketball tournament is likely to be a landmark event for Indianapolis and another boon for the city’s hospitality efforts, industry observers say.

Culver’s franchisee plans up to 10 more restaurants, new Noblesville HQ

January 8, 2021 | Kurt Christian

Jeff Meyer is turning the former Boys & Girls Club at 1700 Conner St. into his company’s headquarters. And he plans to keep things rolling by opening another eight to 10 stores by the end of 2023.

Home dedicated to LGBTQ young adults set to open in Indy

January 8, 2021 | Lindsey Erdody

The state’s first dedicated homeless shelter for young adults who identify as LGBTQ will open its doors this year in Indianapolis, providing services that advocates say are desperately needed.

Lilly’s COVID treatment sparks little demand

January 8, 2021 | John Russell

For a highly touted drug meant to keep throngs of people out of hospitals during a pandemic, Eli Lilly and Co.’s wonder treatment bamlanivimab sure has been slow to catch on.

Scott Keller: Transform unused People Mover into Black Heritage Trail

January 8, 2021 | Scott Keller

The Indiana Black Heritage Trail would literally “rise above” Indianapolis and be a tangible symbol of institutional memory in support of Indiana’s Black leaders.

Environmental, social and governance issues are shaping investment portfolios like never before

January 8, 2021 | Susan Orr

The approach now known as ESG investing has been around for decades, but it started to take off in Europe and the United States in late 2018 and early 2019.

NCAA’s March Madness will be test Indy was ‘made for’

January 8, 2021 | Mickey Shuey

The herculean effort over the next 2-1/2 months will involve city and state officials, tourism and civic leaders, and likely thousands of volunteers.

Pacers, city rethink massive change to fieldhouse exterior as part of renovations

January 7, 2021 | Mickey Shuey

Plans for a grand, glass-wrapped entry pavilion as part of the $360 million renovation to Bankers Life Fieldhouse have been tabled, in favor of minimal updates that largely keep the existing facade intact.

NCAA books big chunk of downtown hotels for March Madness

January 7, 2021 | Mickey Shuey

Nearly all of downtown’s nearly 7,600 hotel rooms could be used for the tournament, as well as additional hotels in other parts of the city as well.

Health department offers early details on fans, testing at NCAA tournament

January 6, 2021 | Mickey Shuey

Some protocols are already set, including requirements for travel to Marion County and how teams will manage their operations throughout the tournament.

Autotrader parent acquires Indianapolis-based Dickinson Fleet Services

January 5, 2021 | IBJ Staff

Dickinson has about 1,000 employees overall, including 200 in Indianapolis. It operates 18 nationwide service centers and a fleet of more than 700 mobile repair units.

UPDATE: NCAA to host entire men’s basketball tournament in Indiana

January 4, 2021 | Mickey Shuey

The organization said it is “closely monitoring” the pandemic and will continue evaluating the feasibility of some fan attendance at some of the games.

Lawmakers to return to Statehouse for start of 2021 session

January 4, 2021 | Lindsey Erdody

The COVID-19 pandemic has prompted lawmakers to make a handful of adjustments, such as moving the Indiana House of Representatives to the Government Center South building and installing plexiglass barriers in the Indiana Senate.

Simon Property Group executive takes over as interim CEO at JC Penney

December 31, 2020 | Bloomberg News

The new owners of JC Penney replaced CEO Jill Soltau less than a month after re-launching the department store chain that went bankrupt during the pandemic.

Martinsville expects downtown traffic boom from I-69-related highway closure

December 31, 2020 | Susan Orr

A five-mile stretch of State Road 37 will be closed most of this year because of work on Interstate 69, and many local businesses expect a big influx of traffic through downtown as a result.

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