Merchants Bancorp shares rise in trading debut after IPO
The Carmel-based bank raised $100 million, which it plans to use for a new acquisition and to further fuel growth.
The Carmel-based bank raised $100 million, which it plans to use for a new acquisition and to further fuel growth.
Big downtown real estate projects are expected to add that much room to the retail inventory, and advocacy group Downtown Indy is jumping in to help drum up interest.
Banks aren’t usually among a community’s fastest-growing businesses. But most banks are vastly different from Carmel’s Merchants Bancorp.
Home sales of $1 million or more in the Indianapolis area have skyrocketed 143 percent since 2012. Last year, nearly 150 such homes were sold, compared to only 61 five years ago.
The home services firm will leave vacant four floors in the downtown tower, where owner Fairbridge has invested about $1 million in upgrades in hopes of landing new tenants.
The new Musk restaurants include Hedge Row on Mass Ave and Next Door in Meridian-Kessler. Also this week: Aldi stores spruce up, electrical supply stores enter the Indianapolis market, and more.
School funding referendums were successful in Warren Township and in Hendricks and Madison counties. Hancock County voters, however, rejected a $55 million criminal justice proposal.
Many successful entrepreneurs provided good advice early in my career, but I found a surprising number provided absolutely poor advice.
Our state’s key industries—manufacturing, agriculture and logistics—face imminent disruption from internet-connected devices, referred to collectively as the internet of things.
Boston-based Charles Street Investment Partners LLC has filed plans with the city to construct a $15 million, seven-story apartment-and-retail project at Pennsylvania and Vermont streets.
The retailer says the new facility, which will occupy more than 1 million square feet, will be located next door to its existing center. The center is expected to create hundreds of jobs.
The slip in hiring last month may be temporary. Consumers are spending freely and businesses are stepping up their investment in buildings and equipment, accelerating growth.
The slip in hiring last month may be temporary. Consumers are spending freely and businesses are stepping up their investment in buildings and equipment, accelerating growth.
New rules floated by the Trump administration lay out what kinds of businesses can take a 20 percent deduction against income taxes under the new tax law.
Under Weatherwax’s watch, the hospital acquired several primary and specialty physician practices and funded more than $100 million of building and equipment acquisitions with operating cash and some long-term, tax-exempt financing.
The proposed development at 421 N. Pennsylvania St. has undergone extensive changes since this spring, including rising from seven to 11 stories.
The project is slated for the north and south sides of 116th Street and will include residential, retail, a high-end boutique hotel and a six-story office building.
The Nickel Plate District has exploded with development—and the biggest project yet is on the horizon.
Holcomb announced in September that fees along the 157-mile toll road would increase by 35 percent for heavy vehicles and that the state would in turn reap $1 billion to spend on new infrastructure projects.
There has never been a better time to do business in Indiana. However, new research shows our region will need the combined efforts of business, government and civic leaders if we’re to ensure that more people have access to family-sustaining jobs. Last month, the Brookings Metropolitan Policy Program released a report commissioned by the Central […]