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Senate Republicans, White House seek to reduce extra unemployment benefit

July 27, 2020

Senate Republicans want to reduce the $600 extra payment to $200 until states can implement a new approach that would pay the unemployed 70% of the income they collected before they lost their jobs.

Art of Design: What makes a great vacation home?

July 27, 2020

Vacation homes should project the lighter side of life. Playful, comfortable, easygoing and casual are all good adjectives for a vacation home.

Coronavirus relief talks ramp up as GOP releases $1T package

July 28, 2020 | The Washington Post

The White House and Senate Republican plan calls for around $1 trillion in new spending, while the House Democrats have coalesced around a $3 trillion plan they passed in May.

Hotels at Pan Am Plaza to create 600 jobs paying at least $14 an hour

July 28, 2020 | Samm Quinn

The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.

Five things to know about the planned redevelopment of Pan Am Plaza

July 28, 2020 | Samm Quinn

The project, expected to cost as much as $550 million to construct, has been in the works for years as Kite and the city worked to reach an agreement.

City, Kite reach deal for $550M Pan Am Plaza project—with up to 2-year delay

July 28, 2020 | Mickey Shuey and Samm Quinn

The city will not subsidize construction of Kite’s two hotels on the site but will ask the City-County Council to authorize a $150 million bond to finance an addition to the Indiana Convention Center.

Coronavirus relief package talks hit impasse on Capitol Hill

July 29, 2020

A meeting between top White House officials and Democratic leaders ended with no agreement on extending emergency unemployment benefits that expire on Friday, or on reviving a moratorium on evictions that lapsed last week.

United States, Indiana see weekly rise in unemployment claims

July 30, 2020

More than 1.4 million laid-off Americans applied for unemployment benefits last week, marking the 19th straight week that more than 1 million people have applied for unemployment benefits.

Proposed 40-story Signia at Pan Am Plaza to shake up hotel landscape

July 31, 2020 | Mickey Shuey

The $300 million hotel will be the most expensive and elaborate new lodging project built in the city since the $450 million JW Marriott complex was completed in 2011. And it will compete directly with the JW.

Editorial: Hogsett took the long view to seal crucial Pan Am deal

July 31, 2020

The project still faces hurdles—including that Kite must line up financing. But we’re pleased that such a splashy project with so much potential upside is off the drawing board and on its way toward becoming reality.

Kite Realty Group bets big on hotel, even as other projects wither

July 31, 2020 | Mickey Shuey

A third of planned downtown hotel rooms announced before the pandemic are now on hold.

Eldorado Resorts has shaky record of horse-track management

July 31, 2020 | Lindsey Erdody

To say Indiana’s horse racing industry had concerns about Eldorado Resorts Inc. taking over the state’s two horse-racing casinos would be putting it mildly.

Indy 500 to run without fans in the stands

August 4, 2020 | Mickey Shuey

The race had been postponed from its usual Memorial Day weekend date to Aug. 23, before announcements that the track would limit seating to 50% and then later 25%—with masks required—and now with no fans at all.

Gone for good? Economic analysts say many jobs aren’t coming back

August 5, 2020 | Associated Press

As the coronavirus continues to transform a vast swath of the economy, it’s becoming evident that millions of Americans face the prospect of a permanent job loss that will force some to seek work with new industries or in new occupations.

Pavilion at Pan Am owners eye new venue to replace soon-to-be-razed building

August 6, 2020 | Mickey Shuey

The operators of the Pavilion at Pan Am Plaza event center are considering building a $15 million venue in downtown Indianapolis to replace the one Kite Realty Group plans to turn into rubble as part of its massive redevelopment of the plaza.

Indiana sees big drop in initial unemployment claims

August 6, 2020 | Associated Press and IBJ Staff

Claims fell nationally, but the U.S. Labor Department’s report Thursday marked the 20th straight week that at least 1 million people have sought jobless aid.

MARK MONTIETH: At 94, an NBA veteran tells tales of league’s hard-scrabble start

August 6, 2020 | Mark Montieth

Terre Haute’s Duane Klueh remembers long, cold road trips and teams that pinched pennies to pay the bills.

Pandemic thrusts downtown’s homelessness problem to fore

August 7, 2020 | Samm Quinn

For weeks, camps of people experiencing homelessness and those suffering from substance use disorders have settled in on Monument Circle and near City Market.

IndyGo predicts long-term ridership, tax revenue drops from pandemic

August 7, 2020 | Susan Orr

Though work on the Purple Line and Blue Line bus rapid transit lines will continue, transit system says some other planned route improvements are on hold.

Plainfield mall facing foreclosure for 2nd time after owner misses $30M payoff

August 12, 2020 | Mickey Shuey

The owners of the Shops at Perry Crossing had been hoping to sell the shopping center before a May deadline to pay off the property’s loan balance, but the pandemic ruined those plans.

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