Mayor Greg Ballard takes pride in Rebuild Indy, the city’s nearly $400 million program that doubled the volume of public works projects—and became engineering and construction firms’ largest business opportunity with the city in more than a decade.
The acquisition of the 450,000-square-foot distribution center is another sign of the improved health of the Indianapolis area’s industrial market.
Business owners told members of the Indiana General Assembly’s Small Business Caucus that there’s a problem: They can’t compete with public assistance programs.
Indianapolis will seek to host its second Super Bowl in 2018 after a highly praised debut in 2012. “We’re going after the Super Bowl on the merits of our greatness and what we accomplished” in 2012, said Colts owner Jim Irsay.
The city hopes to seek bids to redevelop land along East Washington Street that is part of the four-acre P.R. Mallory industrial complex. Real estate experts say an affordable housing project might make the most sense.
Two would-be buyers submitted wildly divergent offers for the former Shapiro’s Delicatessen in Carmel City Center. Bidders also were asked to disclose how they intend to use the property.
For the first time in its 26-year history, the Indianapolis Fall Boat and RV Show will include an auction open to the public. Event organizers think it will draw bidders from far and wide.
The Indianapolis Motor Speedway has put its merchandise and food and beverage contracts up for bid for the first time in its 104-year history.
The two Class A office buildings totaling 348,000 square feet are close to being sold after falling into foreclosure during the implosion of defunct local developer Premier Properties USA Inc.
Only two contenders have thrown their hats in the ring, with 10 positions open and just seven months to go before the fledgling city’s debut election. Lack of defined district boundaries is a hurdle.
A federal grand jury has returned new charges in a fraud scheme involving the Indy Land Bank, including a wire fraud count against two defendants for allegedly fleecing the victims of a previous real estate scam.
Plans to redevelop a surface lot adjacent to the historic Athenaeum building have been shelved after proposals failed to meet financial expectations.
Illinois Gov. Pat Quinn and Indiana Gov. Mike Pence have pushed hard for the 47-mile link, promising it would help speed goods by truck, reduce congestion and create thousands of jobs.
At least one of the proposals for the site, which has been vacant since 2011, would create a suburban-type office park in an urban environment.
Greenwood hopes to make 13 retention ponds safer by putting guardrails or barriers around them. The city plans to leverage federal funding to pay for about 90 percent of the $226,000 project. Bids will go out in January and construction is expected to begin next spring.
The Carmel Redevelopment Commission has a lot to do—with or without staff support. Mayor Jim Brainard and the city’s director of administration will handle the volunteer panel’s day-to-day affairs for the immediate future.
Kip Tew, a former Democratic Party chairman and Statehouse lobbyist, is chairing the campaign of Frank Lloyd while also representing Election Systems and Software LLC.
The state insurance department said Wednesday morning that to do so would “create logistical chaos” and “destabilize” Indiana’s individual health insurance market.
Three proposals to develop a city-owned parking lot come with the caveat that they’ll likely need city assistance ranging from “very little” to “a lot.”
Novartis AG’s animal-health business is drawing interest from drugmakers including Indianapolis-based Eli Lilly and Co. and Merck & Co. as the Swiss pharmaceutical giant prepares to sell the unit, people with knowledge of the matter said.
