District Tap gets needed approval to open downtown site
The District Tap is proceeding with plans to open a location at 141 S. Meridian St. after receiving approval to add a patio door on Georgia Street.
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Developer seeking $6M bond from city for projects in Mass Ave area
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.
Council panel votes for west-side TIF districts, including one for Infosys site
The council’s Metropolitan and Economic Development Committee voted unanimously to approve the creation of the two new tax-increment financing districts.
Home decor retailer with Carmel store files for bankruptcy
Los Angeles-based Z Gallerie said it plans to close 17 of its 76 stores as part of the Chapter 11 reorganization.
Lilly’s $7M tax-abatement request advanced by City-County Council panel
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.
Maker of tobacco alternative moving headquarters from California to Westfield
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.
Westfield council approves $35M financing plan for Grand Junction Plaza
The 4-3 decision followed a public hearing during which more than a dozen residents spoke for and against the financing plan.
IU Health Physicians ramps up recruiting drive for specialists
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.
Butler switches food-service vendors in move affecting 200 workers
California-based Bon Appetit Management will take over in May for Philadephia-based Aramark Corp., which had the contract for 20 years.
Tesla raises prices as Musk backtracks on plan to close stores
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.
Plan for private health clinic at Broad Ripple Park hits opposition
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 unemployment rate holds steady
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.
Indiana University research questions effectiveness of bias crimes laws
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.
IBJ Podcast: Pete the Planner on the vulnerable, upper middle class
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.
Indiana-based Berry bests Apollo with $4.4B deal to form plastics giant
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.
Christian Theological Seminary hires leader with social justice background
The Rev. David Mellott comes to the seminary at a time of change for the ecumenical graduate school on Butler University’s campus.
Indiana fish farm clears regulatory hurdle for genetically modified salmon
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.
Duke Energy to create corrective plan for Indiana coal ash ponds
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.
Demonstrators at teacher rally tell Holcomb to ‘come closer’
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.
As budget deficit balloons, will in Washington to address it seems to ebb
The political dynamics that enabled bipartisan deficit-cutting deals decades ago has disappeared, replaced by bitter partisanship and chronic dysfunction.