Mainstreet signs operator for new health care properties
A Cicero-based developer has signed a national senior-living company to operate four new properties it plans for Indiana.
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Gary schools laying off nearly 170 teachers
Gary Community Schools Superintendent Myrtle Campbell said the district needs to cut $11 million from its budget, and personnel is the biggest part of its spending.
Fishers building owner seeks bankruptcy reorganization
Lantern Partners LLC owns the Freedom Mortgage Building once occupied by the failed Irwin Mortgage Corp. Lantern’s largest creditor is owed nearly $11.4 million.
Indiana official warns against new investment tool
Indiana's secretary of state is urging investors to thoroughly vet new online investment operations coming under a new federal law.
CityWay developer funding downtown murals
The CityWay development is generating more work for artists—this time three Indiana muralists who will paint the facades of downtown-Indianapolis rail bridges.
Indiana’s corn crop faces stress from heat, drought
An agricultural expert says Indiana's recent hot, dry weather is likely taking a toll on the state's young corn crop.
Former Kentucky amusement park in bad shape
The new partners who are working toward reopening the former Kentucky Kingdom amusement park say the facility is in bad condition and may not reopen until 2014.
Van takes out fire hydrant
A van crashed into a fire hydrant early Tuesday morning on the northwest side of Indianapolis, prompting the closure of one lane of 16th Street near Lafayette Road for several hours. Police aren’t sure what caused the vehicle to veer from the road about 1:30 a.m. The impact ripped the hydrant from its mount, causing water to gush out and flood the area.
Busy bridge set for closure
Construction crews will shut down all traffic to the heavily traveled Allisonville Road bridge over Interstate 465 on Wednesday just after midnight. The bridge will be closed for 110 days while it is replaced with a wider, taller bridge. About 47,000 vehicles cross the span every day.
Thieves target downtown bikes
Expensive bikes have been disappearing from downtown Indianapolis even though they've been locked up. Police say at least five locked bikes have been stolen in a small area of downtown near Massachusetts Avenue in the past 10 days. Two of the theft victims lost bikes worth $1,800 to $2,000. An employee at Bicycle Garage Indy in the downtown Indy Bike Hub said the thieves are targeting high-end bikes. He said the thieves are using cable cutters to defeat the bike locks. He recommended riders who leave their bikes unattended in public places invest in a rigid metal u-lock, which is more secure.
Franchitti earns nearly $2.5 million for Indy 500 win
Dario Franchitti landed $2,474,280 from an overall purse of $13,285,815 for Sunday's victory. The four-time series champion from Scotland became just the 10th driver to win IndyCar's signature event at least three times.
Buckingham reviving Gramercy project with smaller plans
Buckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six years ago.
Greenwood eyes more office parks for I-65 corridor
Greenwood Mayor Mark Myers wants to see more offices, corporate headquarters and medical facilities along Interstate 65. He's been meeting with business owners and developers in the area to discuss ways they can team up to pursue that goal.
Local businessmen chronicling high school sports titles
Ray Compton, Mike Jansen and Bob Lovell are using their love of sports to produce and sell DVDs capturing high school sports seasons.
INSIDE DISH: Smokers’ haven prepares for ban
Mass Avenue Pub survived a two-year hiatus in the mid-2000s after a massive infrastructure collapse. Its owners think going smokeless on Friday will be a comparative breeze, even though 65 percent of their clientele like to light up.
State, utility plan cleanup of long-closed gas plant
Indiana's environmental agency and Duke Energy Corp. are moving ahead with the cleanup of a long-closed manufactured-gas plant in Shelbyville.
Central Indiana wind-farm company seeking tax breaks
A company planning to build a wind farm spread across four central Indiana counties is asking officials in one of those counties for property tax breaks on a future phase of the project.