Ambrose plans new Plainfield industrial park, $50M first building
The 189,000-square-foot first building is one of four planned by Indianapolis-based Ambrose Property Group at its new Plainfield Logistics Center.
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Boston firm buys 10 industrial buildings for $62 million
Plymouth Industrial Real Estate Investment Trust said Tuesday that it acquired the nine-building Shadeland Commerce Center and a 353,000-square-foot building at 7901 W. 21st St.
Airline trade group predicts Christmas travel will increase 3%
The trade group Airlines for America said Tuesday that 47.5 million people are expected to fly over an 18-day period from Dec. 19 through Jan. 5.
Buttigieg discloses ex-clients as fundraising swing begins
Facing intense pressure to answer questions about his work in the private sector, Democratic presidential contender Pete Buttigieg on Tuesday disclosed a roster of former consulting clients that include a major health insurance provider.
Ex-Evansville mayor enters race for Indiana attorney general
Democrat Jonathan Weinzapfel announced his campaign Tuesday, saying he would “restore honor and integrity to the attorney general’s office.”
IMS tabs medical transportation company as title sponsor for Grand Prix
The Indianapolis Motor Speedway announced Tuesday that it has struck a multi-year naming rights deal for the Grand Prix of Indianapolis.
Hotel in downtown Fishers project to fly upscale Tapestry flag
The $157 million mixed-use project slated for the Nickel Plate District in Fishers is expected to include a five-story, 116-unit hotel under Hilton’s high-end Tapestry Collection brand.
Holcomb hopes to ban mobile-device use while driving as part of 2020 agenda
Indiana Gov. Eric Holcomb said Tuesday that he wants the state to impose a hands-free-driving law in 2020. The proposal, which would prohibit the use of mobile phones while operating a motor vehicle, is part of the Republican governor’s 2020 legislative agenda.
Local steel fabricator acquired by Chicago-based investment firm
Indianapolis-based Circle City Rebar will continue to operate under the leadership of Frank Davis, who founded the firm in 2005.
East-side apartment complexes sold for nearly $26M
The complexes are expected to receive upgrades from their new owners—one of which has collected three other apartment properties on the east side in the last four years.
Agreement on North American trade pact finally reached
House Speaker Nancy Pelosi on Tuesday announced agreement on a modified North American trade pact, handing President Donald Trump a major Capitol Hill victory on the very same day that Democrats announced their impeachment charges against him.
Democrats unveil two articles of impeachment against Trump
House Democrats announced two articles of impeachment on Tuesday morning charging President Donald Trump with abuse of power and obstruction of Congress.
Fast-growing contractor Gemco acquires Carmel firm
Indianapolis-based Gemco Constructors LLC has acquired Carmel-based Real Mechanical Inc., a mechanical contracting firm founded in 1978.
Bloomington council member plans run against Hollingsworth
Andy Ruff announced his campaign Monday to become the Democratic nominee in the 9th District. The district stretches from the Ohio River near Louisville to the southern Indianapolis suburbs.
Westfield to consider up to $6M in bonds for $32M Union Square project
The Westfield City Council on Monday created a special allocation area Monday for Carmel-based Old Town Cos.’s planned Union Square at Grand Junction residential and retail development.
Consulting firm allows Buttigieg to release names of clients
The Democratic presidential contender also pledged to open his fundraising events to the news media and provide the names of key fundraising organizers.
UPDATE: Colts’ Vinatieri set for season-ending knee surgery
The 46-year-old kicker had an MRI on his left knee last week after posting career-worst numbers this season.
Council president removes councilor pay hike from agenda ahead of meeting
The council was scheduled to vote on the measure Monday night after a committee last month voted to send it on to the full council with a positive recommendation. But Council President Vop Osili announced just an hour before the meeting he had removed the item from the agenda.
Fed likely to reinforce message of continued low rates
Persistently low inflation and steady if sluggish economic growth have led many Fed officials to rethink their view of the so-called “neutral rate.” This is the point at which the Fed’s key rate is believed to neither accelerate economic growth nor restrain it.
South Bend company to open second psychiatric hospital in central Indiana
Neuropsychiatric Hospitals LLC said it is developing a 64-bed hospital in Greenwood that will serve patients with complex medical and psychiatric condition.