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City files eminent domain suit to acquire, demolish Oaktree Apartments
The city of Indianapolis has called the 19-acre property southeast of the intersection of 42nd Street and Post Road a “threat to public health, safety and welfare.”
Central Indiana homebuilders see permit skid reach five months
Applications for single-family construction permits in the nine-county area are down 12 percent so far this year.
Former Apple retail chief Ahrendts, an Indiana native, joins Airbnb board
Hancock County native and Ball State University graduate Angela Ahrendts joins the home-sharing startup after a five-year stint overhauling Apple Inc.’s retail operations.
McLaren misses entire day of Indy 500 practice fixing car
McLaren had another miserable day preparing for the Indianapolis 500 as the team worked tirelessly in a failed effort to get Fernando Alonso on the track Thursday for Indianapolis 500 practice.
Gannett shareholders reject hedge fund’s board candidates
The vote, completed at Gannett’s annual meeting, amounted to a rejection—possibly the final one—of Alden’s attempt to acquire Gannett through a hostile takeover launched in January by its Media News Group unit.
World-renowned architect I.M. Pei dies at 102
I.M. Pei designed landmarks around the world, including beloved buildings in Bloomington and Columbus, and a towering structure that stood in Indianapolis from 1972 to 2006.
Indiana Chamber president says Trump is ‘gambling with other people’s money’ in trade war
Last week, President Donald Trump announced plans to increase tariffs from 10% to 25% on $200 billion worth of Chinese imports that include a wide variety of products like aluminum and steel, frozen fish and meat and wood.
DeliverEnd speeds app to market with IndyCar sponsorship
Nick Turner is used to moving in the fast lane. And now the 28-year-old Indianapolis native is ready to put the pedal to the metal this month at the Indianapolis Motor Speedway. The former IU football player and track runner this month is rolling out his company’s first app using a sponsorship with Harding Steinbrenner Racing to supercharge its marketing efforts.
BitLoft opens new Carmel office, grows staff
BitLoft, a local technology development firm, expanded its central Indiana footprint with an additional 7,200-square-foot location in Carmel. BitLoft recently added 10 employees and the company isn’t done growing.
Indianapolis Power & Light names Ohio utility exec as CEO
Vincent Parisi will become the fourth leader of IPL since 2015, managing a utility that serves about 500,000 customers in central Indiana.
Cummins plans $35M office building in Greenwood as part of $68M expansion
Cummins Inc. said it plans to spend more than $68 million to expand operations in Columbus, Greenwood and Indianapolis as it grows its new Electrified Power business segment. The company will move about 500 jobs to Greenwood.
Indianapolis-based wind-farm developer loses $22.9M in first quarter
Infrastructure & Energy Alternatives Inc. chalked up the loss to several expensive acquisitions and the cost of finishing projects delayed by weather.
Bloomington-based Oliver Winery now sells in 27 states
Company’s emphasis on sweet wines has helped make Oliver the largest Hoosier winery (by far) and the 44th-largest in the United States.
Indians moving forward on $8.3 million Victory Field project
The Indians will get a new club and additional space in their administrative offices with a multi-million-dollar project expected to start once the 2019 season concludes. The project has received approval from the Capital Improvement Board.
New council in Westfield might curtail spending
A dramatic shakeup of the Westfield City Council could result in more scrutiny of development proposals that are part of Mayor Andy Cook’s vision for the growing city.
State wants to offer $1,000 ‘bridge’ for low-income Hoosiers leaving Medicaid
The Indiana Family & Social Services Administration says the plan is designed to help bridge the transition from the Healthy Indiana Plan to private health insurance, and help pay for premiums, deductibles, co-pays and other costs.
IDEM to hike permit fees for first time in decades
The cost of Indiana environmental permits on everything from incinerators to wastewater-treatment plants is just a fraction of what nearby states charge.
Ivanka Trump encourages lifelong learning at Salesforce event
During a panel discussion with individuals who have participated in Salesforce’s Trailhead training program, Ivanka Trump said her goal is to make sure everyone has ongoing access to training opportunities.
Memory Bank: Apartment project rises in 1926
The Shelton apartment building went up at 825 N. Delaware St. in 1925 and 1926 and was developed by F. Rolland Buck and the Foster Engineering Co.—both of which had previously worked with famed architect Frank Lloyd Wright.