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Hogsett administration seeking new redevelopment proposals for Old City Hall

June 28, 2023 | Mickey Shuey

The city’s Department of Metropolitan Development is asking developers to pay at least $2.34 million for the 113-year-old building at 202 N. Alabama St., which was the seat of city government until the City-County Building was completed in 1962.

Thermo Fisher Scientific opens $6 million lab complex in Fishers

June 26, 2023 | John Russell

In the health care world, Thermo Fisher Scientific operates mostly behind the scenes, supplying labs and hospitals with scientific instruments, chemical ingredients and software services.

Gershman, Citimark seeking tax break on $175M south-side industrial project

June 20, 2023 | Mickey Shuey

Built primarily on what is now agricultural land, the 1.9 million-square-foot project is expected to encompass 170 acres and consist of five buildings, ranging from 100,000 square feet to nearly 575,000 square feet.

Fishers City Council OKs major downtown development projects

June 20, 2023 | Daniel Bradley

The city council approved project agreements for three major developments announced last week, along with an economic development agreement for a compounding pharmacy looking to move to the city.

Compounding pharmacy moving from Carmel to Fishers, plans 50 new jobs

June 16, 2023 | IBJ Staff

Pure Pharmacy plans to spend about $4.5 million to lease and equip about 21,000 square feet near the Indianapolis Metropolitan Airport, Fishers officials said.

Bunge to buy Viterra in $18B deal, creating ag powerhouse

June 13, 2023 | Associated Press

Bunge Ltd.—which is spending $550 million to build a soybean processing plant in Shelby County—could find itself in the crosshairs of antitrust regulators in the United States due to the scale of the deal.

Indiana chosen for $3B electric vehicle battery plant, 1,700 jobs

June 13, 2023 | Alex Brown, Inside INdiana Business

General Motors and South Korea-based Samsung SDI announced Tuesday that they have selected a 656-acre site in New Carlisle to build the plant, which could become operational by 2026.

Broad Ripple merchants, residents request city support in crime-fighting efforts

May 23, 2023 | Taylor Wooten

After a recent weekend in which three separate shootings occurred, the Broad Ripple Village Association began asking the city to bolster crime-fighting efforts.

Developer planning $15M building to fill final space at Fishers business park

May 15, 2023 | Daniel Bradley

Two companies, Certus Medical LLC and Radiological Care Services LLC, plan to occupy 50,000 square feet in the 100,000-square-foot building.

Taylor Schaffer: New funding is needed to keep up momentum

May 12, 2023 | Taylor Schaffer

A vibrant Mile Square has long been a competitive advantage for Indiana.

TIF district could spur more development near emerging hospital campus

May 5, 2023 | Mickey Shuey

The city is trying to capitalize on construction of Indiana University’s $4.3 billion Methodist Hospital complex and other projects underway or in development on the north side of downtown.

4 years into incentives plan for developers, community-building programs emerging

May 5, 2023 | Taylor Wooten

Indianapolis developers receiving tax abatements have committed to providing nearly $5 million to help struggling middle- and low-income families gain access to economic opportunities and become more upwardly mobile.

2023 Forty Under 40: Portia Bailey-Bernard

April 21, 2023 | Eric Dick

Portia Bailey-Bernard joined WM from Develop Indy, where—as senior vice president—she was instrumental in a regional collaboration to secure $20 million in state funds to establish a vision and plan to develop the White River region.

Developer behind $22.6M renovation of Mass Ave trustee building secures incentive from IEDC

April 19, 2023 | Mickey Shuey

Indianapolis-based Landmark Properties Inc. has agreed to terms on a $2 million redevelopment tax credit to support the project across from Bottleworks.

Purdue-based biotech startup to hire 43 people at new Indy HQ

April 17, 2023 | John Russell

GeniPhys Inc. plans to lease 8,200 square feet in an existing 80,000-square foot industrial building at 7750 Zionsville Road in Pike Township as it sets up its operation.

Indiana-based Oliver Winery planning $12.6M expansion

April 12, 2023 | Alex Brown, Inside INdiana Business

The winery said new products such as the Melon Mint Moscato, along with its mainstays like Oliver Sweet Red, have fueled the company’s continued growth.

Noblesville approves $9.5M bond, tax breaks for Bastian Solutions HQ

March 31, 2023 | Daniel Bradley

The company plans to create 250 jobs over the next five years in Noblesville with an average salary of $67,000 and retain and relocate 400 employees to the new corporate campus.

Indy saw uptick in economic growth for marginalized groups

March 17, 2023 | Peter Blanchard

The 2023 Metro Monitor report from the Brookings Institute showed that in terms of inclusive economic growth Indiana rose from 101st out of 192 metro areas in 2019 to 24th in 2021.

Indianapolis mayoral candidates clash in first forum

March 13, 2023 | Taylor Wooten

Seven candidates for Indianapolis mayor discussed their policy plans in a candidate forum Sunday, but expected Democratic front-runners Mayor Joe Hogsett and State Rep. Robin Shackleford were no-shows.

Supplier for electric vehicles plans $48M move to Lawrence

February 21, 2023 | Mickey Shuey

Parker Lord plans to migrate 102 employees from its 214,000-square-foot existing facility at 5101 E. 65th St. and hire another 55 at the new facility in Lawrence.

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