Project negotiations on the massive two-hotel and convention center expansion project were temporarily sidelined in March to allow the city time to deal with the coronavirus pandemic.
Indianapolis Mayor Joe Hogsett said the city is continuing to work with Indianapolis-based Kite Realty Group Trust—which is developing the project—to finalize a reworked timeline.
Columbus, Ohio-based Washington Prime Group has told the city of Carmel it has decided to put the brakes on an ambitious plan to diversify the lifestyle center.
The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.
The redevelopment will exacerbate a challenge already weighing on Marion County: huge swaths of land off the tax rolls because they are owned by not-for-profits and are being used for purposes related to the groups’ missions.
James Mladucky oversees some of the biggest building projects in Indiana. As vice president of design and construction at Indiana University Health, he is supervising the building of replacement hospitals in Bloomington and Frankfort, a hospital expansion in Avon and the recent construction of a cancer center in Carmel. Earlier this month, IU Health announced […]
Indiana’s property tax caps raise the stakes. Increasing property tax rates to make up revenue can simply push more properties to their caps. Because of this, Indiana’s urban counties are already prone to cycles of rate hikes, cap losses and growing financial distress.
He has a big plan for the south side of downtown, but the plan is ever evolving and it will require hundreds of millions of dollars in investment and large-scale rethinking of development along the Interstate 70 corridor.
The initial scarcity of the drug and the logistical complexities of administering it could mute its immediate impact on the pandemic and raise questions about whether it is being distributed to people in the greatest need.
Cummins announced last year that it planned to build a $35 million office building at the corner of Interstate 65 and County Line Road, but the pandemic has the engine maker rethinking how to best use that site.
Four decades ago, “it felt like tumbleweeds rolled down Washington Street.” But aggressive moves to build the city skyline, develop hotels and create more places to live led to a transformation of downtown.
The list of top priorities for Indiana House Republicans this year includes establishing or beefing up several one-time grant programs aimed at improving public health, expanding rural broadband and supporting small businesses and the hospitality industry.
Economists have forecast that job growth reached 175,000 last month, according to data provider FactSet. That would mark a sharp improvement over an average of just 29,000 jobs a month from November through January.
The pickup in hiring lowered the unemployment rate from 6.3% to 6.2%, the Labor Department said Friday in its monthly jobs report. That is down dramatically from the 14.8% jobless rate of April of last year, just after the virus erupted in the United States.
Thursday’s report from the Labor Department marked the first time that weekly applications for jobless aid have fallen below 700,000 since mid-March of last year.
