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Ten Indiana school districts set to ask voters to approve tax increases

October 13, 2019 | Emma Kate Fittes, Chalkbeat Indiana

Here’s a roundup of all of the state school districts that will put a tax increase on the ballot in November, including a couple of school districts with both construction and operational referendums.

Longtime downtown Mexican eatery Acapulco Joe’s changes ownership

October 14, 2019 | IBJ Staff

Acapulco Joe’s, 365 N. Illinois St., has been acquired by Ezequiel Fuentes, who owns or co-owns nine other Mexican restaurants in the region, including one in Zionsville. It will close for a couple of weeks for renovations.

Chase donates former branch, $500,000 to community organizations

October 15, 2019

The former bank branch, which closed in late 2016, will reopen as a co-working space called Vault.

Clif Bar completes $10M bakery renovation, expansion project in Indianapolis

October 17, 2019 | IBJ Staff

The energy bar giant said it added 24,000 square feet to the 185,000-square-foot building at 7575 Georgetown Road on the city’s northwest side. About 430 people work at the bakery.

Four local development projects picked to receive $35M in incentive funds

October 22, 2019 | IBJ Staff

Indianapolis Mayor Joe Hogsett said Tuesday that the city intends to use New Markets Tax Credits from the U.S. Department of the Treasury to support development projects involving the Madam Walker Legacy Center, the Wheeler Mission Center for Women and Children and two other groups.

Pacers don’t expect new naming-rights deal for fieldhouse until 2020

October 24, 2019 | Mickey Shuey

Pacers Sports & Entertainment hopes to pin down a new multimillion-dollar sponsorship deal before the first phase of a $360 million renovation to the venue begins next summer.

Downtown condo features great views, fresh renovation

October 25, 2019 | Lesley Weidenbener

Jeff and Anna Tegethoff spent 16 months renovating a condo at 429 N. Pennsylvania St. into what he calls an “urban oasis.” But six months after moving in, they’re putting the house on the market.

Editorial: Projects for homeless, offenders are good choices for tax credits

November 1, 2019

All four projects are worthy of funding. But what makes them special as a group is that they will serve such a diverse group of people—tech workers and startups, ex-offenders, homeless families and the African American community—while enhancing all of Indianapolis.

St. Vincent faces expensive growth options

November 1, 2019 | John Russell

The hospital system’s 45-year-old campus will likely need hundreds of millions of dollars in upgrades in coming years to keep it competitive long term.

Indiana GOP aiming to take some mayoral offices from Democrats

November 3, 2019 | Associated Press

The outcome of Tuesday’s local elections will also decide whether a new casino can be built in Terre Haute and the fate of several school district construction and security improvement proposals.

Convention industry swells, but future hinges on Pan Am development

November 8, 2019 | Mickey Shuey

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.

Penske’s purchase of IMS, IndyCar Series isn’t panacea for sport needing more fans, sponsors

November 8, 2019 | Anthony Schoettle

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.

Penske’s IMS deal means hundreds of acres of opportunity, real estate experts say

November 11, 2019 | Mickey Shuey

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.

Pacers to reduce emphasis on suites in renovation

November 15, 2019 | Mickey Shuey

The change comes as the Pacers look to create court-facing gathering areas like those found at other new or renovated venues.

Colts plan to hike prices for some season tickets, lower others

November 20, 2019 | Mickey Shuey

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.

Fast-casual Indian chain to enter Indy market

November 21, 2019 | Susan Orr

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.

Indianapolis property manager arrested, accused of multimillion-dollar Ponzi scheme

November 22, 2019 | Greg Andrews

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.

Neighboring east-side hotels sold for $30.5M to Los Angeles firm

November 26, 2019 | Mickey Shuey

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.

Fever name longtime WNBA assistant as head coach