Kite Realty Group lands Nora Plaza in $29M deal
The 139,743-square-foot retail center at 1300 E. 86th Street, anchored by Target, Marshalls and Whole Foods, was sold by a joint venture consisting of RPT Realty and an institutional partner.
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Democrats expand majority on City-County Council
Democrats picked up at least five seats—and possibly six, depending on the outcome of a race with a razor-thin margin. Republican leader Mike McQuillen was among the GOP casualties.
Democrat beats Republican incumbent in Zionsville mayoral race
Emily Styron beat Republican Tim Haak, who was running for a second term, by 88 votes in Tuesday’s election. Haak was elected in November 2015 to serve as the town’s first elected mayor.
Election night updates—mayoral races, council races, referendums and more
Polls have officially closed in Marion County, where voters are deciding a mayoral race and all 25 seats on the Indianapolis City-County Council.
Dem mayors win re-election in state’s big cities, but GOP flips numerous offices
Voters decided who would fill dozens of mayoral offices for the next four years, while unofficial election returns showed those in Vigo County supporting the construction of western Indiana’s first casino in Terre Haute.
Democrats take three council seats in Hamilton County, but Republicans retain majorities
The candidates were among an unprecedented number of Democrats to run for municipal offices in Hamilton County, which has traditionally seen few contested General Election races.
Indiana districts see mixed results on 13 school referendum requests
Voters across Indiana, weighing school referendum requests from 10 districts in Tuesday’s elections, approved seven measures and turned down six others.
Joe Hogsett sails to re-election as Indianapolis mayor
The 62-year-old former federal prosecutor had a huge lead over Republican state Sen. Jim Merritt and Libertarian Doug McNaughton in the election on Tuesday.
Inside the blockbuster IMS, IndyCar sale
Tony George turned to racing legend Roger Penske after deciding he was uneasy striking a deal with media giant Liberty Media, sources said.
Source: White House finds Pelosi drug plan ‘unworkable’
President Trump is instead backing a bipartisan bill that would for the first time limit what seniors have to pay out of their own pockets for medications.
Indianapolis Motor Speedway to host high-speed autonomous vehicle race
The Indy Autonomous Challenge will be a five-round competition that features a $1 million prize.
Software startup Costello acquired by fast-growing Atlanta firm
SalesLoft plans to maintain Costello’s Indianapolis office—albeit with new branding—and keep all 11 of its employees.
Voters deciding Indiana mayoral races, fate of new casino
Voters across Indiana are casting the final ballots to decide who will fill dozens of mayoral offices, with Republicans and Democrats wrapping up competitive campaigns in several cities.
Arbor Homes expands into Louisville market with acquisition
The deal marks Arbor’s first entry into a territory outside of central Indiana since it was founded in 1994. Arbor is the Indianapolis area’s most active home builder.
As McDonald’s CEO learned, workplace romance can be perilous
Increasingly, U.S. companies are adopting policies addressing workplace romances, a trend that began well before the #MeToo movement galvanized a national conversation surrounding sexual misconduct.
In first major project since Waterside exit, Ambrose plans logistics center campus in Mount Comfort
The Indianapolis-based firm on Tuesday broke ground on a $78 million, 508,104-square-foot building—the first of four planned structures as it shifts focus to industrial development.
Schools, coaches more willing to fight NCAA allegations
When schools run afoul the Indianapolis-based NCAA, they no longer blindly accept whatever punishment is meted out. Even those that suggest or levy self-punishments often close ranks, hire outside counsel and vow to fight.
Gambling firms see $7B-$8B sports betting market by 2025
Participants at the forum cautioned that while the industry is growing quickly, the high cost of acquiring customers and promoting a new business could lead to some current operators failing.
Trump administration eases Obama-era rules on coal pollution
Monday’s change would loosen some of the requirements for cleaning up the waste streams from coal-fired power plants and give utilities another two years to comply with some of the rules.
Student: CVS workers rejected Puerto Rico ID, asked for visa
CVS apologized and said it was investigating after a Purdue University engineering student was denied the purchase of over-the-counter cold medicine.