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Warren Buffett, Phil Knight among top charity donors of 2023

January 2, 2024 | Associated Press

The 2023 list of gifts from individuals or their foundations totaled more than $3.5 billion. Four universities received big gifts, along with four scientific research institutes and a health care system.

Downtown apartments among major Noblesville projects expected to be completed in 2024

January 4, 2024 | Daniel Bradley

Construction on several major real estate development projects is slated be completed this year in Noblesville, while visible progress should be made on others.

Report: Indianapolis tops Midwestern cities in three-year GDP growth

January 4, 2024 | Taylor Wooten and Mickey Shuey

Indianapolis surpassed its Midwestern peers in gross domestic product growth from 2019 to 2022, according to a report from a Washington, D.C.-based economist.

Whitestown junkyard redevelopment proposal to face test

January 5, 2024 | Daniel Bradley

Developer Milhaus’ latest plan for the first phase of Maurer Commons details a $64 million mixed-use development with a 125-room hotel, a 228-unit apartment complex and 75 for-rent town houses. Residents want a more recreation-focused plan.

Mark Montieth: ‘A special guy’

January 5, 2024 | Mark Montieth

McGinnis, who died of heart failure on Dec. 14, was so prominent and prized that one tribute isn’t enough.

Editorial: State push for recreational trails is a smart way to boost economy

January 5, 2024

The development of trails plays perfectly into the governor’s vision to create appealing communities that will attract talented employees and encourage companies to locate and grow in Indiana.

New Carmel City Council hits pause on pair of major projects

January 8, 2024 | Daniel Bradley

Councilors decided to withdraw two ordinances authorizing a total of $76 million in bonds for the projects from the agenda to give Mayor Sue Finkam’s administration more time to study plans, consider feedback from residents and negotiate with developers.

Section of downtown’s Jail II building slated for demolition in revision of $120M redevelopment plan

January 9, 2024 | Mickey Shuey

The structural issues have thrown a curve at the rest of 1820 Ventures’ development plan for housing, retail and entertainment uses, requiring it to move a planned concert venue to another location.

Lilly Endowment awards $100M to Purdue University

January 9, 2024 | Alex Brown, Inside INdiana Business

Indianapolis-based Lilly Endowment Inc. is awarding $100 million to the Purdue Research Foundation, with half the money going toward construction of the Mitchell E. Daniels Jr. School of Business building on the West Lafayette campus and the rest to support the Purdue Computes initiative.

New rule tightens worker classification standards; Uber, Lyft say drivers won’t be affected

January 9, 2024 | Associated Press

The Labor Department rule, which the Biden administration proposed 15 months ago, replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors.

Construction workers kept busy all over downtown in the two weeks leading up to the game, including installing this zip line.

Holcomb makes workforce push in his final State of the State address

January 9, 2024 | Peter Blanchard

Gov. Eric Holcomb also announced that the Lilly Endowment would provide a $250 million grant to the Indiana Economic Development Corp. to fund projects focused on blight reduction, development and arts and cultural initiatives. It’s the largest single grant in the endowment’s history.

Moving ahead too quickly with Blue Line ‘would be a mistake,’ House speaker says

January 12, 2024 | Peter Blanchard

House Speaker Todd Huston says legislation that would bar IndyGo from using dedicated bus lanes for the Blue Line merits consideration.

Mickey Kim and Roger Lee: Fed’s ‘pivot’ rescues investors from brutal ‘winter’ of 2022

January 12, 2024 | Mickey Kim and Roger Lee

After fears that the Federal Reserve’s slamming on the monetary brakes to combat soaring inflation would crush economic activity, optimism abounds that the Fed has pulled off a miraculous “soft landing.”

Nate Feltman: Feeling grateful early in the new year

January 12, 2024 | Nate Feltman

Indy has big-city attractions (e.g., museums), amenities (e.g., world-class airport) and entertainment options (e.g., sporting events and concerts), without the big-city costs, aggravations and headaches.

Over-55 crowd fuels growing active-adult housing trend

January 12, 2024 | Daniel Bradley

Active-adult communities are rental properties that can include apartments, cottages or villas targeted toward seniors who do not require medical care and want recreational activities and chances to socialize with people in their peer group.

Parts of economy are better under Biden, but many voters aren’t seeing improvement

January 14, 2024 | The Washington Post

Despite rising wages, voters as a group lost spending power during 2021 and 2022 due to inflation and high interest rates, and are still facing an uphill battle.

As legal challenges mount, some companies retool diversity, inclusion programs

January 14, 2024 | Associated Press

Most major companies have so far stuck by diversity initiatives, which many ramped up in the face of pressure from some shareholders, employees and customers. But some have made changes to try to protect them from legal scrutiny.

Motto hotel project in King Cole building delayed but still kicking, developer says

January 17, 2024 | Mickey Shuey

More than a year after the original projected completion, the $54 million hotel renovation project shows little evidence of progress. But work behind the scenes continues, the developer told IBJ.

West Fork Whiskey lands funding to increase production, add facilities

January 18, 2024 | Daniel Bradley

West Fork this week announced a new partnership with Ouabache Investments that involves up to $18 million in capital.

State lawmakers advance bill IndyGo says would kill Blue Line project

January 18, 2024 | Peter Blanchard

Should the bill pass the Senate chamber, it will move to the House, where Speaker Todd Huston, R-Fishers, has indicated it has support.

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