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Articles

Carmel condo at top of City Center could fetch up to $7.5M

November 9, 2023 | Daniel Bradley

The SkyPalace has five bedrooms, a room with three bunk beds, a rooftop pool, eight parking spots, three private entrances, two hidden passages, a safe room, a sauna, three fire pits, three outdoor grilling areas and a bar.

Jennifer Wagner Chartier: When did marijuana become so commonplace?

November 10, 2023 | Jennifer Wagner Chartier/ Special to IBJ

Growing up during the ‘war on drugs,’ I was firmly convinced that just one breath of weed smoke would have me hooked on cocaine the rest of my life.

Editorial: Hogsett must be stronger leader in 3rd term to push Indy forward

November 10, 2023

Indianapolis has some $9 billion in downtown development planned over the next several years, but it will take leadership to bring all those projects to fruition in a way that best benefits the city. Hogsett has shown some of that leadership in this past year—as he’s been pushed by Shreve—but we need to see more of it.

J. Douglas Boles: IMS races toward greater economic, civic impact

November 10, 2023 | J. Douglas Boles

We understand and value the essential role we play not only in providing world-class entertainment but also serving as a valuable engine for progress and development.

Businesses push back on new rule that could make it easier to unionize

November 13, 2023 | Associated Press

Critics say the new rule is an overreach by the labor-friendly Biden administration that undermines independent business owners. Some—including the American Hotel and Lodging Association—have already sued to block it.

Indianapolis officials prepare for $751.6M in bond sales for Signia hotel, convention center projects

November 14, 2023 | Mickey Shuey

The all-in cost for the redevelopment of Pan Am Plaza is now expected to be $751.6 million. The bond sales to cover much of that cost—creating significant long-term debt for the city—are expected to take place this week.

North of 96th roundup: New hotel, Bar Louie in the works; Costco sets opening date

November 16, 2023 | Daniel Bradley

Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis. Here’s a rundown:

Plan for Whitestown junkyard site redevelopment causes concern for residents, councilors

November 16, 2023 | Daniel Bradley

Indianapolis-based Milhaus plans to build a 125-room hotel, a 228-unit apartment development and 75-for-rent townhouses in the initial phase of the redevelopment.

All-in cost of Pan Am Plaza hotel, convention center expansion might surpass $1.6B

November 16, 2023 | Mickey Shuey

The city on Wednesday and Thursday sold $581 million in bonds for the development through the Indianapolis Local Public Improvement Bond Bank, consisting of $436.8 million in tax-exempt revenue bonds for the hotel portion of the project, and another $155 million for the convention center expansion.

Younger Simon uses his influence as Pacers co-owner to better Indiana

November 17, 2023 | Mickey Shuey

The eldest son of Indiana Pacers majority owner Herb Simon has made passionate forays into civic engagement, creativity and philanthropy.

Mark Montieth: Returning to his roots

November 17, 2023 | Mark Montieth

Why would a 12-season NBA veteran coach a high school team? Teague earned nearly $100 million, so it’s not about the money.

Editorial: Hogsett should lead from the front on downtown tax proposal

November 17, 2023

We’ll leave it up to the elected officials, with input from downtown property owners, to decide whether the downtown tax is a good idea. But we do wish the mayor would lead on this issue and either publicly advocate for the tax or oppose it.

Why do Americans feel gloomy about the economy despite falling inflation, low unemployment?

November 19, 2023 | Associated Press

Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.

From airlines to ticket sellers, companies fight U.S. to keep junk fees

November 19, 2023 | The Washington Post

Corporations have fought vigorously to thwart even the most basic rules that would require them to be more transparent about hidden charges, according to a Washington Post review of federal lobbying records and hundreds of filings submitted to government agencies.

City committee checks box on downtown taxing district for soccer stadium

November 21, 2023 | Mickey Shuey

As approved by the Metropolitan and Economic Development Committee, the district would collect various taxes to cover a portion of the cost for the stadium at the proposed Eleven Park development. The City-County Council now must weigh in.

Alcohol-free businesses provide the drinks without the hangover

November 24, 2023 | Daniel Bradley

Booze-free bars and nonalcoholic retail bottle shops are found mostly on the coasts, but a handful have taken root in the Midwest.

After 20-year-old Amazon employee dies at work, Indiana issues $7,000 fine

November 26, 2023 | The Washington Post

Such cases reveal the limited ability of state and federal safety regulators to effectively levy penalties or enforce safety policies on powerful corporations like Amazon, which made $9.9 billion in profit in the last quarter.

amazon big pic

Brinegar reflects on decades-long career at Chamber, Statehouse

November 28, 2023 | Whitney Downard, Indiana Capital Chronicle

From his first legislative session in 1981 to his last in 2023, Kevin Brinegar has personally witnessed some of state’s most pivotal, historic moments—either crunching numbers for Senate Republicans or leading the Indiana Chamber of Commerce.

Westfield marks Grand Park’s 10th anniversary with 30-minute documentary

November 30, 2023 | Daniel Bradley

The city used $30,000 from its Grand Park promotional fund for the documentary called “We Field Champions” that was produced by Noblesville-based filmmaker Cameron Sprinkle.

grand-park-events-center-450bp.jpg

Pacers to sell 15% ownership stake in franchise to billionaire Steven Rales

November 30, 2023 | Mickey Shuey

Rales, a businessman and film producer, will increase his stake in the team from 5% to 20% with the acquisition, which is pending approval of the NBA.

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