Indianapolis Housing Agency pulls off big tax credit deal
City agency plans renovations, expansions at eight apartment properties.
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Huge tax-credit deal will fund rehab of 538 apartment units
The largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned
by the Indianapolis Housing Agency.IU president plans aggressive building campaign
In a speech Tuesday, President Michael McRobbie said IU is gunning to construct at least 12 buildings on its Bloomington
and Indianapolis
campuses in spite of the economy and falling state funding.Plan for optional interstate tolls may hit potholes
A proposal to add optional toll lanes to parts of Interstates 69 and 65 raises all kinds of questions, such as how to squeeze
more lanes into the crowded I-69 corridor northeast of the city. And it’s debatable whether toll lanes could make more
money than they cost to implement.Owners, developers see silver lining in health care real estate
Health care real estate has survived the nation’s weak economy better than most sectors, and some owners and developers
think it’s positioned to thrive.Legislation to protect car dealers re-emerges at Statehouse
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to
block automakers from preying on termination fears to wrest concessions from surviving dealers.The Flying Cupcake is among restaurants expanding as others contract
Bobby Joe’s Beef and Brew, a popular home-grown restaurant at Southport Road and Interstate 65,
has closed. Riviera Maya, billed as an authentic Mexican restaurant, is slated to replace Old Town Ale
House in FishersFlying Cupcake expands, Bobby Joe’s shuts down
The Flying Cupcake Bakery is opening a new location along Mass Ave next door to Scholar’s Inn downtown. Plus, more restaurant
news!Tony George ousted after nearly 20 years leading IMS
Faced with the need to save money, the six-member board of the IMS and IRL voted on May 26 to replace George.
Obama reforms not necessarily dire for Sallie Mae in Indiana
The plan to nationalize the federal student loan program threatens to force Sallie Mae
to hack its network of 26 offices down to five. Yet the company’s Indiana operations have several advantages that could
help weather the cuts.Carmel buying 12 acres for new well field
The city of Carmel has agreed to buy about 12 acres adjacent to the Mansion at Oak Hill for a new well field.
Downtown life sciences corridor flagged for development
A new task force is charged with making recommendations for development of the city’s downtown certified technology
park.Pizza restaurants in works; wine shop heading to Fishers
Hot Box Pizza plans to open a downtown location in the Harness Factory Lofts building, and WineTyme, a new local shop selling
wines, craft beers and gourmet food, is coming to Fishers.Speedway breaks ground on redevelopment project
Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.
Bush Stadium is now a dumping ground for clunkers
An auto salvage company is paying the city $2,000 per month to use the outfield of Bush Stadium to store vehicles collected
under the Cash for Clunkers program.State rejects high bid for 19-acre parcel near downtown
The Indiana Finance Authority declined to sell a 19-acre development parcel between the White River and Fall Creek near downtown Indianapolis after it received only two bids at an auction Thursday.
State seeks at least $6.5M for 19-acre site
The Indiana Finance Authority said Thursday it plans to auction off a vacant 19-acre development parcel between the White
River and Fall Creek near downtown Indianapolis.Around Indianapolis restaurant roundup
Several new restaurants are planned for the Indianapolis area.
Charter school may take over rest of former Herron Art Institute
Plans for residential development on the site stalled as the housing market plummeted and recession set in.
Hotel water plan is wasteful
I would like to take exception to the topic and the quote in [Scott] Olson’s article in the Sept. 21 IBJ regarding
the de-watering system planned for the new Marriott Hotel.