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Indy electrical contractor planning to move 150 jobs to new $18M Greenwood HQ

April 14, 2021 | IBJ Staff

Indianapolis-based Electrical Repair & Maintenance Co. Inc.—better known as ERMCO—unveiled plans Tuesday afternoon to build a headquarters in Greenwood where it will employ 170 workers.

Villages of Indiana hires first new CEO in 29 years

April 13, 2021 | IBJ Staff

Shannon Schumacher, who will join The Villages on April 19, spent the past 22 years at human services organization Volunteers of America Ohio & Indiana, including the past nine in leadership positions.

IUPUI hires former star player Matt Crenshaw as head coach

April 13, 2021 | Associated Press and IBJ Staff

Matt Crenshaw, a U.S. Navy veteran who hit the shot that sent IUPUI to its first and only NCAA Men’s Basketball Tournament appearance, was hired as head coach of his alma mater Tuesday.

Immediately eligible: NCAA on verge of transfer rule change

April 13, 2021 | Associated Press

The Division I Council meets Wednesday and Thursday, and the agenda includes voting on a proposal that would grant all college athletes the ability to transfer one time as undergraduates without having to then sit out a season of competition.

Indiana basketball legend Bobby ‘Slick’ Leonard dies at 88

April 13, 2021 | IBJ Staff

Bobby “Slick” Leonard, who coached the Indiana Pacers to three American Basketball Association championships and served as the team’s color commentator for three decades, has died, according to several media sources.

Parties keep amphitheater naming-rights deal details close to vest

April 13, 2021 | Mickey Shuey

Teachers Credit Union has signed on as the naming-rights partner for the newly renovated concert venue at White River State Park, but those involved in the deal aren’t sharing details about the contract. 

Poll: Only 15% of Americans worse off a year into pandemic

April 13, 2021 | Associated Press

While most Americans have weathered the pandemic financially, about 38 million say they are worse off now than before the outbreak began in the United States.

Indiana moves past 700,000 COVID-19 cases

April 13, 2021 | IBJ Staff

The state said more than 1.43 million Hoosiers had been fully vaccinated against COVID-19 as of Tuesday. More than 2 million had received the first dose of a two-dose vaccination.

INDOT removes $7.5M cap on contributions to State Road 32 project in Westfield

April 13, 2021 | Kurt Christian

Jennifer Beck, a senior project manager for INDOT, appeared before the Westfield City Council to alleviate fears that an estimated $15 million project expanding State Road 32 from two lanes to four would cost the city far more than expected.

Real Estate Weekly: News notes, 04/13/21

April 13, 2021

These news notes appeared in IBJ’s Real Estate Weekly on April 13, 2021.

Family-owned Turkish, Mediterranean eatery identifies Indy as best place to grow

April 13, 2021 | Susan Orr

The family behind Usta Turkish and Mediterranean Restaurant, slated to open in Broad Ripple by the end of the month, scouted several options for moving once it was forced to close its location in Bloomington, Illinois.

UPDATE: State pauses use of J&J vaccine, switches to Moderna shot at mass vaccination clinic

April 13, 2021 | John Russell

Dr. Lindsay Weaver, chief medical officer for the state health department, said it was too early to say how long the pause would last, and whether it would cause a shortage or disruption in vaccines across Indiana.

Charter school buys former Tindley buildings on east side for $5M

April 13, 2021 | Mickey Shuey

The Indianapolis-based GEO Foundation will make one building the new home of its Next Generation High School and lease the other to elementary charter school Indy STEAM.

U.S. recommends ‘pause’ for J&J vaccine over clot reports

April 13, 2021 | Associated Press

The CDC and FDA said Tuesday they were investigating clots in six women that occurred 6 to 13 days after vaccination.

California beverage company to build $103M facility in Columbus

April 13, 2021 | IBJ Staff

Ninth Avenue Foods is a family-owned company that specializes in extended shelf-life dairy and diary alternative products. Its 260,000-square-foot facility in Columbus will be the company’s first expansion outside its home state and is expected to hire 111 workers by 2025.

Work on five-story downtown mural for Indy cycling legend to start next month

April 12, 2021 | Leslie Bonilla Muñiz

A mural honoring Indianapolis native Marshall “Major” Taylor, the first Black world champion cyclist, will begin going up in mid-May on a downtown building a block from Monument Circle, the Arts Council of Indianapolis said Monday.

Westfield Council votes to involve itself in legal fight between mayor, clerk-treasurer

April 12, 2021 | Kurt Christian

Westfield Mayor Andy Cook has filed two separate lawsuits against Clerk-Treasurer Cindy Gossard since the beginning of the year, and the city’s council is interested in finding out just how much public money is funding the ongoing legal battle.

U.S. budget deficit jumps to record $1.7 trillion

April 12, 2021 | Associated Press

The deficit has been driven higher by trillions of dollars in support Congress has passed in successive economic rescue packages since the pandemic struck in early March 2020.

Microsoft buying speech recognition firm Nuance in $16B deal

April 12, 2021 | Associated Press

The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools.

U.S. colleges divided over requiring student vaccinations

April 12, 2021 | Associated Press

U.S. colleges hoping for a return to normalcy next fall are weighing how far they should go in urging students to get the COVID-19 vaccine, including whether they should—or legally can—require it.

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