Feds extend pre-K funding deadline, but Pence still says no
Indiana Gov. Mike Pence said Tuesday he still won’t apply for up to $80 million in preschool funding – despite an extended federal deadline and calls from several education officials.
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Fishers tech startup lands $1 million in seed capital
A Fishers-based tech startup in the home-services industry said Tuesday that it has raised $1.03 million in venture capital, including seed funding from a pair of well-known Indiana investment groups.
Kennedy’s growth plans may pit Athletic Annex against company he founded
Bob Kennendy didn’t rule out the possibility of going head-to-head with Runners Forum and Blue Mile, the two dominant specialty running retail stores in this market.
State unemployment rate dips despite net job loss
Indiana lost 1,900 private-sector jobs in September despite a big gain in manufacturing-sector employment, the state’s Department of Workforce Development said Tuesday morning.
Carmel council OKs $3.8M bond for luxury apartment project
Keystone Realty Group’s $30 million The Olivia on Main apartment project cleared a major final hurdle Monday, when Carmel City Council unanimously agreed to issue $3.8 million in low-interest bonds to help prepare the five-acre site for construction.
Finish Line names new president from within
Samuel M. Sato joined the company in 2007 and previously had served as president of the Indianapolis-based retailer’s Finish Line brand.
Pence names new head of state personnel department
Denny Darrow joined the agency in December of 2010 and previously served as its deputy director and chief of staff.
Lauth planning 900,000-square-foot distribution center in Brownsburg
The local developer hopes to lure a tenant for the massive warehouse in its Eaglepoint Business Park while the project is underway.
NCAA third-quarter lobbying tops all of 2013 amid reform push
The National Collegiate Athletic Association spent more on congressional lobbying from July through September than it did in all of 2013 as it continued to fight lawsuits challenging its structure.
Survey: Pay raises rarer despite strong U.S. hiring
U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months.
Legislators need stricter disclosure rules, advocate tells panel
Indiana legislators need to be more transparent about conflicts of interest and should never lobby for issues that could impact their finances, an open-government advocate said Monday.
More seeking financial help after Vectren billing error
Some public assistance organizations in Indiana say many Vectren electricity customers are seeking help paying big bills from the utility correcting ones that were underestimated during the summer.
NCAA chief says scholarship changes on way
NCAA President Mark Emmert said Monday there is no talk about allowing compensation for autographs and signed memorabilia, but a new model for scholarships could be approved by January.
Ruth Lilly Health Education Center to move to Marian campus
The Ruth Lilly Health Education Center has hosted countless school field trips and more than 2 million visitors since it opened in 1989. But it has struggled financially in recent years.
Hilton North closure to cost 46 employees their jobs
Community Health Network Foundation is closing the hotel in December to create room for more hospital development.
Report provides glimpse into liberal concerns about Pence’s HIP 2.0
A new think tank report, which appears to jibe with Obama administration concerns, calls for “significant revision” to the Pence plan.
Obamacare benefiting both hospitals and insurers—for now
Early third-quarter numbers suggest that Obamacare, combined with the lingering effects of the Great Recession, is giving an unusual lift to both hospitals and insurers.
Leases/leasing contracts
-New York-based Nightingale Properties has hired Kevin Gillihan of JLL as leasing agent for the 705,202-square-foot Regions Tower at the northeast corner of Ohio and Pennsylvania streets. -Worldwide Battery leased 25,300 square feet of industrial space at 9955 Westpoint Drive. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. […]
Construction
Holladay Construction Group LLC has completed the conversion of a 17,000-square-foot warehouse at 5777 Decatur Blvd. into an office/warehouse suite for Miller Freight.
People
Eric Nichols has joined the local office of Colliers International as vice president, industrial services.