Capital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger
budget. Rather, she insisted it’s largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated
facilities.
The economic impact of the MotorGP weekend is almost 20 percent of the entire Indiana Pacers season and more than 10 percent
of the Indianapolis Colts season. Not bad for an event the city puts almost nothing into. And it could be so much more.
Including debt obligations, the CIB’s total budget for 2011 is expected to be $104.4 million. The City-County Council is set
to receive the budget at its Sept. 20 meeting and could approve it Oct. 25.
Indianapolis-based Drewry Simmons Vornehm LLP announced Friday it will move 39 employees from Keystone Crossing to a new Carmel headquarters as part of a growth plan that could include a downtown Indianapolis location.
About 80 downtown business owners and employees have signed a petition urging Republican Mayor Greg Ballard’s administration to nix major plans to revamp metered parking in Indianapolis.
A former executive chef at an upscale Louisville hotel will lead culinary operations at the 1,005-room JW Marriott, which will feature two major restaurants and 100,000 square feet of catering space.
Indianapolis will host the National Organization of Black Law Enforcement Executives’ annual meeting in July 2015, expected to attract more than 1,500 visitors and generate more than $2 million in visitor spending.
One of the nation’s largest unions said it sent NFL owners a letter warning that a lockout in one of America’s few thriving industries could cost thousands of Americans their jobs and cities more than $140 million in revenue.
Reit Management & Research LLC made a presentation Wednesday to the Indianapolis Metropolitan Development Commission for its plans to build a pedestrian walkway between Circle Centre mall and PNC Center.
In Indianapolis, it looks like the electric car is much closer to rounding the corner, with Energy Systems Network’s recent announcement that the partnership is launching a pilot project that will, it seems, make electric commutes a reality here and eventually across the United States.
