Thanks to Michael Shreves’ guidance, Lawrence Township schools were able to raise teacher pay while at the same time increasing their rainy day fund 10% and reducing spending on contract services 20%.
Indiana Gov. Eric Holcomb said Tuesday that he wants the state to impose a hands-free-driving law in 2020. The proposal, which would prohibit the use of mobile phones while operating a motor vehicle, is part of the Republican governor’s 2020 legislative agenda.
The complexes are expected to receive upgrades from their new owners—one of which has collected three other apartment properties on the east side in the last four years.
The employee-benefits consulting and brokerage firm said it is investing $6.7 million to acquire and renovate a 30,000-square-foot office building on the north side of Indianapolis.
The $20 million Bands and Orchestra Building and the $40 million Data Science Building will be among a string of tech-related construction projects by Purdue.
The Columbia Club formed in 1889 and had two homes on Monument Circle before the group spent $827,000 to construct the 10-story clubhouse it still uses today.
It’s part of a multi-state expansion that comes just more than a year after the original Thrillz opened. Also this week, the reopening of Cinemark 8, Kilroy’s Bar and Grill and The Boiling.
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.
Bert Whalen and his Oceanpointe Property Management used fake leases to dupe investors into buying run-down rental properties in Indianapolis, according to an indictment made public Friday. No charges have been disclosed against his partner, former “Fox and Friends Weekend” host Clayton Morris.
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.
The average season-ticket price for 2020 will rise 2.9 percent, according to the Indianapolis Colts, but about two-thirds of the tickets will be priced the same or less.
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.
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.
Despite IndyCar’s modest progress in recent years, it still faces significant obstacles, including the need for more corporate sponsorships, a broader fan base and higher TV ratings.
