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The combined development cost of the two projects—now lumped under the name Block 20—is projected at $40 million. They would include apartments next to the Athenaeum and high-end office space two blocks away.
The council’s Metropolitan and Economic Development Committee voted unanimously to approve the creation of the two new tax-increment financing districts.
Los Angeles-based Z Gallerie said it plans to close 17 of its 76 stores as part of the Chapter 11 reorganization.
The proposed tax abatement is related to a $91 million investment the company is making in a building at the Lilly Technology Center on Kentucky Avenue.
Grinds LLC—which produces pouches of flavored coffee designed as a healthy alternative to chewing tobacco—plans to invest $6.7 million and create 56 jobs.
The 4-3 decision followed a public hearing during which more than a dozen residents spoke for and against the financing plan.
The state’s largest physician group want to address a growing shortage of specialists by relaxing a longtime requirement that doctors join the medical school faculty.
California-based Bon Appetit Management will take over in May for Philadephia-based Aramark Corp., which had the contract for 20 years.
Tesla will increase the cost of its vehicles by an average of about 3 percent after rethinking a plan announced just 10 days earlier to wind down all but a small number of its stores.
A group that opposes a public-private partnership to help raise funds for an event center in Broad Ripple Park plans a forum Monday night to discuss the matter, but did not invite city or park officials.
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—stayed at 65.1 percent in January.
The research, released Monday morning by the IU Public Policy Institute Center for Research on Inclusion and Social Policy, analyzed data from 409 homicides that occurred between 1990 and 2016 to determine how often bias charges were sought on behalf of the victim groups.
Peter Dunn—who is bringing his Pete the Planner column to IBJ, starting March 15—talks with podcast host Mason King about his own business and brand, the cost of travel sports and how not to pay for college.
Berry Global Group CEO Tom Salmon, already coming off a string of acquisitions, is making the company’s biggest purchase amid a rapidly consolidating market for plastic packaging.
The Rev. David Mellott comes to the seminary at a time of change for the ecumenical graduate school on Butler University’s campus.
U.S. regulators on Friday gave the green light to salmon genetically modified to grow about twice as fast as normal, but the company behind it may face legal challenges before the fish can be sold domestically.
Cleanup options include excavating ponds or capping the ponds and keeping the ash in place. Both methods require steps to be taken to protect the water quality of nearby rivers or lakes.
Hundreds of educators, administrators, students and community members flocked to the Indiana Statehouse on Saturday to show their frustration with Indiana’s treatment of public education.
The political dynamics that enabled bipartisan deficit-cutting deals decades ago has disappeared, replaced by bitter partisanship and chronic dysfunction.
A federal judge said Friday that the NCAA’s rules regarding compensation violate federal antitrust law and athletes may be compensated for education-related expenses beyond current caps.
